Online printing company PrintOnTheNet.com said it intends to
merge with Miami-based PrintAmerica, one of the largest quick printers in
Florida.
Financial arrangements were not disclosed.
The plan calls for PrintAmerica to become a wholly owned subsidiary of
PrintOnTheNet.com and be renamed PrintAmerica Interactive.
“We feel this merger brings the best of two worlds together,” said Ben
Rogatinsky, chairman and CEO of PrintOnTheNet.com.
“Combining
PrintOnTheNet.com’s revolutionary ordering process and competitive pricing
with PrintAmerica’s large sales staff and experienced production personnel
enables us to control the business flow more efficiently and
cost-effectively, and offer our customers true one-stop shopping.”
Rogatinsky said the merger will bring an additional $2.5 million in annual
revenues to PrintOnTheNet.com and over 1,000 registered customers to the
company’s existing client base, including Alamo, Radisson, Sunglass Hut, and
Wackenhut.
PrintOnTheNet.com offers design templates and typefaces as well as a set of
editing tools to help create and order business cards, letterheads,
envelopes, business forms, announcements, invitations and other printed
materials.
