| Lexmark wins five-year managed print services contract with leading Brazilian bank |
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16/05/2007
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LEXINGTON, Ky. - 05/16/2007
Bradesco Bank, the largest private bank in Brazil, recently signed a five-year contract to optimize its printing infrastructure with managed print services from Lexmark International, Inc. (NYSE: LXK).
As part of the contract, Lexmark Global Services will manage Bradesco's entire printing fleet to help the bank focus on its core business. The contract includes equipment, consumables management, maintenance agreements and technical support for the bank's more than 3,000 branches across Brazil.
In addition, Lexmark is also helping Bradesco leverage Lexmark's laser multifunction technology and innovative workflow solutions to speed up paper-based processes and provide superior customer service.
"We are pleased to work with Bradesco Bank to manage its entire printing infrastructure and help it achieve significant cost savings and improvements to productivity," said Paul Rooke, Lexmark executive vice president and president of its Printing Solutions and Services Division.
About Lexmark
Lexmark International, Inc. (NYSE: LXK) provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2006, Lexmark reported $5.1 billion in revenue. Learn how Lexmark can help you get more done at www.lexmark.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this release which are not historical facts are forward-looking and involve risks and uncertainties, including, but not limited to, the inability to meet customer product requirements on a cost competitive basis, aggressive pricing from competitors and resellers, entrance into the market of additional competitors focused on printing solutions, market acceptance of new products and pricing programs, the financial failure or loss of business with a key customer, reseller or supplier, increased investment to support product development and marketing, inability to perform under managed print services contracts, decreased supplies consumption, increased competition in the aftermarket supplies business, periodic variables in revenue and profitability, failure to successfully outsource the infrastructure support of information technology systems, failure to manage inventory levels or production capacity, weak economic conditions, unforeseen cost impacts as a result of new legislation, fees on the company’s products or litigation costs required to protect the company’s rights, inability to obtain and protect the company’s intellectual property and defend against claims of infringement and/or anticompetitive conduct, failure to execute planned cost reduction measures, reliance on international production facilities, manufacturing partners and certain key suppliers, disruptions at important points of exit and entry and distribution centers, changes in a country’s political or economic conditions, conflicts among sales channels, the failure of information technology systems, changes in the company’s tax provisions or tax liabilities, business disruptions, currency fluctuations, China’s revaluation of its currency, terrorist acts, acts of war or other political conflicts, or the outbreak of a communicable disease, and other risks described in the company’s Securities and Exchange Commission filings. The company undertakes no obligation to update any forward-looking statement.
Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.
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