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Thursday, June 27, 2002

Mimeo Gets More Cash from HP, Others

Mimeo's ExactPrint software has never received the market recognition it deserves, despite being a significant advantage in driving business to the company's Memphis, TN-based Automated Document Factory. The company has gone quiet over the last 12-18 months but appears to have remained stable and focused on ways to capture corporate print.

We can expect some aggressive marketing from them now that they have new funding. We may also see some greater push to color, given the HP tie-in. It is not unlikely that HP will continue to sponsor automated input systems -- like ExactPrint -- to drive HP Indigo presses. This could present a significant competitive advantage to Mimeo, and a strategic issue for competitors. Mimeo remains one of the "new generation" of demand-driven print companies that deserves careful attention.

[WhatTheyThink.com] June 27, 2002 -- provider based in New York, has secured $6.5 million in new funding from current investors including Hewlett-Packard. Since inception, the company has raised over $40 million.

Mimeo provides outsourced printing solutions for corporations. The company’s main technology is called ExactPrint software which print buyers use to automate their document production. Mimeo has a large print facility in Memphis and tight relations with FedEx. The company claims the relationship allows users to have finished documents delivered anywhere in North America within 24 hours.

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This Page was last updated: 11/28/2002; 6:47:11 PM
Copyright © 2002 Terry W. Frazier