Danka and WorldCrest Join Forces to Provide Office Imaging Products; Danka Offers Pre-Configured Office Imaging Products Through WorldCrest's Electronic Catalogs.Business Editors ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Feb. 28, 2001 Danka Business Systems PLC (Nasdaq:DANKY), one of the world's largest independent providers of office imaging equipment, announced today that it will provide imaging solutions for WorldCrest, an enabler of online e-procurement for indirect goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. through strategically sourced content. Danka will deliver analog and digital imaging solutions through WorldCrest's private marketplace. WorldCrest members will be able to use electronic catalogs to purchase Danka's imaging products through the WorldCrest Commerce Engine, or their existing e-procurement systems. WorldCrest's member-specific catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. views streamline the buying process by allowing members to search for equipment, read a description of the pre-configured package and purchase the equipment quickly and easily. "Our IT and sales departments have been working diligently dil·i·gent adj. Marked by persevering, painstaking effort. See Synonyms at busy. [Middle English, from Old French, from Latin d with the WorldCrest team over the past seven months to create this Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the purchasing component for Danka products," said Brian Merriman Brian Merriman (circa 1749 – July 27 1805) was an Irish language poet and teacher. His single surviving work of substance, the 1000-line long Cúirt An Mheán Oíche (The Midnight Court , Danka's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "This marks a significant step forward as we continue to take our award-winning customer service and support online." Under the terms of the contract, Danka becomes WorldCrest's preferred supplier for office equipment. Danka will provide WorldCrest member companies the latest color laser products, high-speed networked printers and black/white digital multifunctional systems from Canon, Toshiba and Heidelberg. "Danka emerged from our rigorous strategic sourcing process by demonstrating the ability to deliver the level of customer service, product offering and pricing that creates significant value for our member companies," said Tom Walker, WorldCrest's Chief Operating Officer. Chuck Hamilton, Senior Vice President for Willis North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Inc., a WorldCrest member company, added, "We witnessed substantially improved pricing, increased access to digital and networked copiers and a reduced reliance on stand-alone equipment which improved our business processes." About Danka Danka Business Systems PLC, headquartered in London, England and St. Petersburg, Florida St. Petersburg (often shortened to St. Pete) is a city in Pinellas County, Florida, United States. The city is known as a vacation destination for North American and European vacationers, as well as a politically important battleground in U.S. Presidential politics. , is one of the world's largest independent suppliers of office imaging equipment and related services, parts, and supplies. Danka provides office products and services in 29 countries around the world. For additional information about copiers, printers, and other office imaging products, visit our web site at http://www.danka.com or call 1-800-OK-DANKA (800-653-2652). About WorldCrest Headquartered in Atlanta, GA., WorldCrest provides strategically sourced contracts and content management to enable e-procurement of indirect goods and services. Our flexible solutions, technical expertise and world-class supplier network make WorldCrest the most dependable resource for companies who want to achieve immediate e-procurement results. WorldCrest is funded by Kohlberg Kravis Roberts Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late-stage leveraged buyouts. It was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. & Co. For more information on WorldCrest and its products and services please visit http://www.worldcrest.com. Certain statements contained in this press release, including statements related to Danka's future business and financial performance, are forward-looking. Such statements reflect the current views of Danka with respect to future events and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those reflected in the forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including all statements in this release and other risks, including those identified in any of the Company's other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date they are made. |
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