WALNUT CREEK, CA--(Marketwire - July 20, 2009) - American Reprographics Company (
UPT operates a single centralized service facility in downtown Shanghai, China's largest city and the hub of the country's commerce and finance activities. The company employs 52 people and had year-end revenues in 2008 of $3 million USD.
Michael Ruan, Executive Director of UPT, said, "We're looking forward to using ARC's technology platform to drive sales and increase our market share. We need the most advanced document management applications in our industry to achieve our goal of providing the most efficient service in Shanghai, and by becoming part of UDS, I believe we'll have it."
Originally founded as an office supplies and document finishing equipment reseller, UPT now provides a variety of reprographics equipment and reprographics services to their customers, including on-site services where equipment is placed in customers' offices for greater convenience and faster turnaround. UPT will also offer several technology products developed by American Reprographics Company.
Mr. Song Pei, President of Beijing-based UDS, said, "We are very pleased to have Michael and his team join our organization. They bring a service-minded attitude and tremendous enthusiasm for technology to our existing business in Shanghai. Such qualities are sure to position us well in both the existing market, and in the future as the global marketplace recovers and begins to thrive again."
Chairman, President and CEO of American Reprographics Company, K. "Suri" Suriyakumar, said, "UPT is an outstanding addition to our growing Chinese operation. Michael has done a great job in growing his business to this point and I'm confident UPT is a platform on which we can grow in Shanghai. Identifying influential businesses and key management is a critical part of the growth strategy with our joint venture with UNIS. The acquisition of UPT is a perfect example of executing on that strategy."
About UNIS Document Solutions
UDS is a joint venture agreement between U.S.-based American Reprographics Company (ARC), and China-based Unisplendour Corporation Limited (UNIS), the Shenzhen-listed high-technology manufacturer and retailing giant closely associated with Tsinghua University in Beijing. ARC holds a 65% controlling ownership stake in the venture. UDS pairs the digital document management solutions of American Reprographics Company with the brand recognition and Chinese distribution channel of UNIS to deliver reprographics equipment, document management services, and digital reprographics services throughout China.
About American Reprographics Company
American Reprographics Company is the leading reprographics company in the United States providing business-to-business document management technology and services to the architectural, engineering and construction, or AEC industries. The Company provides these services to companies in non-AEC industries, such as technology, financial services, retail, entertainment, and food and hospitality, which also require sophisticated document management services. American Reprographics Company provides its core services through its suite of reprographics technology products, a network of hundreds of locally branded reprographics service centers across the U.S., Canada and the U.K., on-site at more than 5,000 customer locations, and through UDS, a joint-venture company headquartered in Beijing, China. The Company's service centers are arranged in a hub and satellite structure and are digitally connected as a cohesive network, allowing the provision of services both locally and nationally to more than 160,000 active customers.
Contact Information: Contact: David Stickney Vice President, Corporate Communications American Reprographics Company 1981 N. Broadway, Suite 385 Walnut Creek, CA 94596 Phone: 925-949-5100