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Global DocuGraphix To Acquire Data Source Corp.


CHICAGO--(BUSINESS WIRE)--Oct. 26, 1998--Global DocuGraphix Inc., a leading Chicago-based document management and graphics services company, announces it has signed a letter of intent to acquire Data Source Corporation., a forms management, barcode systems A barcode system is a network of hardware and software, consisting primarily of mobile computers, printers, handheld scanners, infrastructure, and supporting software. Barcode systems are used to automate data collection where hand recoding is neither timely or cost effective.  and business products company headquartered in Jackson, Tenn. Closing of the transaction is planned for Nov. 2, 1998.

Founded by Palmer Downing, Data Source has 16 employees including six sales representatives. Downing believes in providing a high degree of service through sales support staff.

"Palmer Downing has built Data Source into the leading company in the industry in the Jackson and Shelbyville, Tenn. area," says Graham J. McClean, president and chief executive officer of Global DocuGraphix. "Data Source is an excellent company that will fit well with our growth strategy of building through people."

"Data Source looks forward to joining the Global DocuGraphix network of companies. We now will be able to provide better benefits and training to our employees and be able to stay on top of the fast-paced changes in technology that occur in our industry," says Palmer Downing, founder and president of Data Source Corp.

Data Source Corp., is headquartered in Jackson, Tenn., with a sales office located in Shelbyville, Tenn.

Global DocuGraphix recently (Oct. 22, 1998) acquired TPE TPE Thermoplastic Elastomer
TPE Terminal de Paiement Electronique (French)
TPE Total Power Exchange
TPE Twisted Pair Ethernet
TPE Tampines Expressway (Singapore)
TPE Therapeutic Plasma Exchange
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Santa Rosa, city (1991 pop. 80,629), capital of La Pampa prov., central Argentina. It is a modern city and road junction surrounded by a rich agricultural and cattle-raising area.
, Calif.-based sales organization. Scanning Systems Inc., a subsidiary of Associated Business and BNB BNB Bed 'n Breakfast
BNB Banco do Nordeste do Brasil (Brazil)
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 Systems Inc., headquartered in Little Rock, Ark., also are companies that recently have joined the Global DocuGraphix network.

For more information, contact Global DocuGraphix Inc. at 847.482.0934, by fax at 847.482.0936 or by E-mail at GJM GJM Golden Jubilee Medal
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@m2i.net

Global DocuGraphix Inc., headquartered in Chicago, is a leader in the consolidation of business forms and business printing independents. Global DocuGraphix Inc. is a partnership between document management industry leader Graham McClean and Chicago-based private equity investment firm Thoma Cressey Equity Partners. Graham McClean formerly was president of Moore Business Forms and Systems (Chicago) and president and 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.
 of Quebecor Printing (USA) Corp. (Boston).
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 26, 1998
Words:342
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