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New Acquisition for DocuSource

21 Dec, 2004

New Acquisition for DocuSource

Les Walker, CEO of DocuSource, announced today that the company has acquired Document Control Solutions (DCS), a division of The Smead Manufacturing Company, a global manufacturer of office organizational products.

DocuSource, based in Santa Fe Springs and West Los Angeles, is one of the largest independent document management companies in California. In addition to electronic document management systems, the company provides the latest technology in office equipment. Document Control Solutions, based in Fullerton, Calif., pioneered the integration of paper filing systems with electronic document management technologies.

The acquisition expands DocuSource's product and service offerings, adding the Smead and Hyland Onbase software products, as well as added expertise in building a document management infrastructure.

"Between Document Control Solutions (DCS) and DocuSource, we have more than 20 years of proven experience in the document management industry, where mass adoption by middle market companies is just beginning to take off," Walker said. "By adding DCS expertise to our own proven track record, DocuSource is furthering its commitment to deliver Best of Class end-to-end electronic document management solutions to our customers."

He added, "As businesses are migrating from paper to electronic document management, they are realizing the need for a turnkey system that integrates both proven hardware and software solutions."

DCS co-founder Steve MacWilliams said, "Together, our newly combined operation offers more selection, and we can create a customized solution for every customer."

MacWilliams, as well as members of his sales and technical team, have joined DocuSource as part of the acquisition arrangement, to ensure quality, consistency and service continuity. MacWilliams will serve as Senior Vice President.

"We have worked closely with DocuSource to ensure DCS customers will not be negatively impacted," MacWilliams said. "In fact, we are extremely excited about how our customers can benefit from an increased DMS (document management solutions) offering combined with DocuSource's focus on being the 'Best in Class' in providing integrated input and output equipment."

For more information, please contact: Nena Walker of DocuSource, Inc., 562-447-2651, nwalker@docusrc.com.

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