LASER FRIENDLY INC.
TORONTO, April 18 /PRNewswire/ -- Laser Friendly Inc., a public company trading on The Toronto Stock Exchange (symbol LFI), announced today that Laserdata Technology Inc., its wholly owned subsidiary, has entered into a Supplies and Accessories Agreement with Bull Electronics, the contract manufacturing services subsidiary of Bull HN Information Systems Inc., to provide Bull Electronics with card stock, labels, garment tags and ribbons for the IPS950 system for them to distribute worldwide. Total net sales revenue is projected at $165,000,000 through December 31, 1996. This strategic alliance will allow Laserdata Technology to utilize Bull's integrated network of over 350 locations in North America. Bull is one of the world's top information technology companies with over 60 years of innovation and key alliances with companies such as IBM and NEC. Bull has more than 28,000 employees and approximately $5.0 billion in annual revenues. -0- 4/18/94 /CONTACT: Jack Banks of Laser Friendly, 416-292-5963 ext. 247/ (LFI.)
CO: Laser Friendly Inc.; Laserdata Technology Inc. ST: Ontario IN: CPR SU:
TW -- NY053 -- 8765 04/18/94 11:16 EDT
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|Date:||Apr 18, 1994|
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