Mimeo.com, Sir Speedy, PIP and Signal Graphics Launch Strategic Alliance

NEW YORK—July 29, 2010—Mimeo.com, a leading online printing and distribution company, and Franchise Services Inc. (FSI), the parent company of Sir Speedy, PIP and Signal Graphics, today announced a new production print solution that enables business customers to have anywhere, anytime access to printing.

Business customers often don’t realize that they spend 3-5% of their revenue on business printing,” said Richard Lowe, President of Franchise Services. “Our goal with this partnership is to provide our franchisees with new print and marketing solutions that can be used to help their customers reduce costs and improve productivity.”

The partnership will utilize Mimeo’s print technology platform, customized for each FSI franchise location. Customers will have remote access to a scalable solution that includes a virtual proofing capability, an unlimited online document library, document management, ordering and tracking tools. Once orders are submitted, they will be optimally produced and then routed to the customer’s intended destination.

“We are pleased to support FSI franchisees with the Software as a Service (SaaS) applications and digital production print capabilities sought by their customers,” said Adam Slutsky, Mimeo.com CEO. “This alliance combines the best of what we both have to offer, world class solutions that FSI franchise locations can use to help businesses of any size optimize the way they print and distribute documents. From our perspective, this is also an opportunity to improve the way we service thousands of mobile workers who use Mimeo.com to securely print anywhere, anytime.

The partnership is designed to capture a larger share of the $108 billion dollar global digital print market, with a focus on the 65% of all print expenditures that fall to production print solutions such as printing and marketing service providers. The virtual library alone promises significant productivity gains such as the elimination of the 150 hours per year the average customer wastes searching for documents.