DAYTON, OH—Standard Register revealed that it was notified by the New York Stock Exchange (NYSE) that it is not in compliance with the NYSE's continued listing standards. Standard Register is considered below the criteria, since the company's average market capitalization was less than $50 million over a 30 trading-day period, and at the same time its stockholders' equity was less than $50 million.
Standard Register, the Dayton, OH-based firm founded 102 years ago on the strength of Theodore Schirmer's pinfeed autographic register, has survived through the years, written and rewritten its business plan, and continues on the path of relevancy, as evidenced by its $720 million sales performance in 2013.
Standard Register has acquired WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million. Standard Register expects to achieve $1 billion in annual revenue and $40 million in annual savings when the integration of the two companies is complete.
DAYTON, OH—Standard Register announced that it has acquired WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million.
Standard Register has acquired WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million. Standard Register expects to achieve $1 billion in annual revenue and $40 million in annual savings when the integration of the two companies is complete.
WorkflowOne LLC been awarded a three-year group purchasing agreement with the Premier healthcare alliance for document management and patient communication solutions for its members. Effective August 1, the agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for printed and electronic forms, document imaging, electronic content management and print shop management.
WorkflowOne has been awarded a print management contract by a children’s hospital in South Florida, and will provide promotional products, outbound marketing collateral, document management services, as well as support for the hospital’s community outreach programs including signage and patient program information.
WorkflowOne LLC has been awarded a three-year group purchasing agreement with the Premier healthcare alliance to sell branded merchandise and related promotional programs to its members. Effective June 1, the new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for products or category of products.
AxisOne Technology Suite, a new platform of technology applications from WorkflowOne, is designed to help customers improve their business process for managing static and variable print and promotional products. The platform offers integrated modules that help customers collaborate, source, shop online, and distribute print and promotional items.
WorkflowOne, a leading provider of print management, distribution and marketing services, has installed a Xerox Color 1000 press in its Boston-area digital print center in Westborough, MA.
