4imprint Acquires Adventures in Advertising Franchise, Inc.; Forged Company Expected to be Positioned as No. 5 in Promotional Products Industry.Business Editors OSHKOSH, Wis.--(BUSINESS WIRE)--Jan. 2, 2001 4imprint(R)(FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. : FOUR.L), the nation's largest direct marketer of promotional products, has acquired Boston-based Adventures in Advertising Franchise, Inc., (AIAFI), one of the fastest-growing distribution networks serving the promotional products industry. The combined organization will include more than 400 franchised distributors and 600 associates worldwide with total billings exceeding $225 million. The acquisition will rank 4imprint as the fifth-largest distributor network in the world. AIAFI billings on behalf of its franchisees this year are expected to exceed $100 million, more than doubling last year's. By merging 4imprint, the industry's leading direct marketing company, with a franchisee-based distributor, 4imprint/AIAFI is creating a new business model providing consumers with the power to do business in whichever format they choose. Customers will be able to order promotional products the way they prefer, through an AIA AIA - Application Integration Architecture franchise, via catalog or though the company's Internet site. "Our backgrounds have many complementary strengths which position us as a leader in the rapidly changing promotional products industry," said Dick Nelson, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 4imprint. "This new alliance will allow us to serve all of our customers more efficiently, customizing our services according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. their needs." Another unique feature of this acquisition is that each company will keep its individual brand identity. The arrangement will enable AIA franchisees to continue to grow their businesses while utilizing advanced technology and enhanced services offered by 4imprint. The officers of AIAFI, Dan and Kurt Carlson, will continue to hold their same responsibilities through long-term contracts under the agreement. "We look forward to helping AIA franchisees maintain their customer base and identify new opportunities," said Nelson. "We're extremely pleased with the growth potential of our franchise members under this agreement," says Dan Carlson
About 4imprint: 4imprint, North America's seventh largest distributor of imprinted promotional products, is headquartered in Oshkosh, Wis. with offices in U.K., Germany, France and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . The 15-year old-company is a part of 4imprint Group plc, a Manchester, U.K.-based supplier of marketing and promotional products and is traded on the London stock exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. under the symbol FOUR.L. 4imprint stock can also be purchased through local brokerage firms using American Depositary Receipts American Depositary Receipt (ADR) Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. (ADR ADR - Astra Digital Radio ). Additional information can be found at www.4imprint.com. About Adventures in Advertising: Adventures in Advertising Franchise, Inc., based in Quincy, Mass., is network of individually owned and operated professional, promotional product and corporate apparel distributorships. Founded in 1981, AIAFI began franchising in 1994 and has over 400 franchises across the U.S., Canada and Puerto Rico, with projected 2000 billings of $100 million. |
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