iPrint Now Available To Oracle Subscribers
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As part of a mutual technology partnership, Redwood Shores-based software giant Oracle (Nasdaq: ORCL) Monday says it will make all services from online print shop iPrint (NASDAQ: IPRT) available to all of Oracle's corporate customers.
"We are obviously excited by not only the technical innovation here, but the wide-sweeping business opportunity to introduce one of the largest corporate audiences to the power of e-printing," says iPrint chairman and CEO Royal P. Farros.
iPrint has been serving Oracle's internal printing needs for almost a year, but Farros says this new deal means that his Menlo Park-based company can now tap into Oracle's customer base for the first time.
"Which means, for those corporations running Oracle, these benefits are easy, immediate, and significant," says Farros.
According to the terms of the agreement, iPrint will work with Oracle to launch iPrint's E-Printing service into Oracle's installed base of corporate customers. iPrint is the first company to collaborate its application into Oracle's Internet Procurement (iProcurement) facility. iProcurement or e-procurement is the business-to-business purchase and sale of supplies and services over the Internet.
"Everybody loves a supply chain, but sometimes the integration cost more than the software," says Farros. "We're just happy to already be a part of Oracle's technology. It makes it easier for us to help their customers."
Using Oracle's application, corporate employees can order custom-printed materials directly from their computers by punching out to iPrint's E-Print Center, and then submitting the requisition for spending approval. Corporate logos and taglines are locked into templates to ensure consistency.
In addition, iPrint offers specialized commercial printing services, such as printing of brochures, bound documentation, promotional and apparel items, and direct mail and fulfillment services. Printing is done through iPrint's network of commercial printing partners or via existing vendor relationships.
Farros says he expects his company to make more announcements related to deals with other Oracle-related companies, based on today's news.