MONROVIA, Calif., Aug. 19, 2014 (GLOBE NEWSWIRE) -- Everlert, Inc. (the "Company") (OTC:EVLI), announced today that its Board of Directors has approved preliminary plans and a corresponding budget to begin manufacturing postage ink cartridges at its Southern California based plant starting in January 2015. Producing its postage ink cartridges in the US will help the Company increase its gross margins by up to 40%, reduce international shipping time and costs, decrease lead time for fulfilling large orders, enhance quality, take advantage of local tax credits related to R&D and production, and allow the Company to employ a "Just-In-Time" inventory model, all of which will help to strengthen the Company's financial position.
"There is no doubt that bringing the production line in-house domestically will be a win-win proposition all the way around. It will help us achieve higher quality since we won't have to ship the cartridges internationally, reduce lead time, and will give us the flexibility to drive down our production cost, which should help boost our bottom line," said Director, John Taylor, regarding the new plan.
Over the course of the last few months, the Company has begun to invest in acquiring key components for the production line, such as programming computers, empty cartridges, and other essential materials. The Company will rely on its sister company in the UK (Totalpost Services, PLC) to provide training and other support in setting up the production line, as well as training personnel.
Everlert, Inc. is in the business of Mail Management solutions and management through Totalpost Services, Inc., it is one of the most prominent providers of quality ink cartridges in the U.S. postage meter industry. Pitney Bowes, Neopost/Hasler, FP are a few of the meter cartridge manufactures that Everlert produces and distributes compatible cartridges for their machines. Virtually all U.S. based businesses use a postage meter cartridge on a daily basis to fulfill their mailing needs, creating a large demand for our quality cartridges.
Totalpost's brand and reputation is expanding into other highly profitable business markets such as mailroom equipment, mailroom services, returned mail recycling, disaster planning and recovery for the mail recovery functionality for companies, and its Forensic and Security Division for representation of its line of forensic and security x-ray scanning equipment. Our purpose is to create added value through enhancements and other improvements. Everlert, Inc. is a Nevada corporation and its corporate operations are located in Monrovia, California.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.
Everlert, Inc. 825 South Primrose Avenue, Suite A Monrovia, California 91016 Tel: (626) 263-5940 Fax: (626) 739-5754 www.everlert.net