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PTi and New World Technologies Join Forces to Create PTi Canada

16 Nov, 2005

PTi and New World Technologies Join Forces to Create PTi Canada

Peter De Salay, president of Printing Technology, Inc. (PTi) and Derek Johannson, CEO of New World Technologies, Inc. (NWT) in Winnipeg, Canada are pleased to announce their joint venture to create PTi Canada. The new entity will combine the strengths of each organization to make a true market leader in the Canadian remanufactured toner cartridge market.

The transaction brings the best from both organizations and builds on PTi’s international growth strategy. “Synergy is our key to success. The culture mix and focus on quality is what makes NWT and PTi an excellent fit,” says De Salay. “I believe we now have a strong foundation to build upon and handle our hyper growth with great geographic focus.”

Johannson added, “This is a one plus one equals five equation, and the customers are the ultimate winners with better service, more products from a single vendor, and the highest quality. The NWT team will manage PTi Canada and we expect to have the transition complete on or before January 1, 2006.”

By joining forces, PTi Canada customers and future customers will have access to more than 150,000 CPM capacity for laser cartridge production and 300,000 CPM capacity for inkjet production.

PTi Canada provides state-of-the-art operational infrastructure utilizes strict ISO 9001, AQL standards, and is STMC certified. PTi Canada dealers also have a greater choice between PTi, NWT, and QIP branded compatible products, or PTi’s High Resolution line of compatible toner products and generic inkjets.

In addition to these, several generic packaging solutions are available so dealers may brand their own product lines. Combined with outstanding marketing support, PTi Canada will provide the most complete dealer and outsourcing solution available.

For more information about PTi Canada, contact PTi world headquarters in Chatsworth, California at 800-332-7306 or email info@ptiimaging.com, or visit www.ptiimaging.com. Contact PTi Canada in Winnipeg, Canada at 888-478-5556, email russellh@newworldtech.com, or visit www.newworldtech.com.

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