Pricer and the Netplex Group, Inc. Signed Distribution Agreement
Pricer and the Netplex Group, Inc. Signed Distribution Agreement Pricer, Inc., the U.S. subsidiary of Pricer AB, and The Netplex Group, Inc. (NASDAQ: NTPL) have signed a Distribution Agreement for Pricer's Electronic Shelf Label (ESL) Systems. Pricer is one of the market leaders in the electronic display systems industry. Netplex is a leading consultant and systems integrator to the retail industry with fifteen years of experience serving many of the major retailers throughout the U.S. Netplex will, on a non-exclusive basis, re-sell, install, integrate and support Pricer's ESL System into their clients' systems. Initially the main focus will be on the U.S. market but the agreement allows for co- operation in most geographical areas. Netplex will integrate the Pricer ESL System into the solutions they provide to their retail clients, thus providing the clients with a much wider and complete offering. Netplex has a strong focus as a total solution provider in the U.S. retail market. "The Pricer System is an excellent vehicle to implement more effective business solutions for the retailers and will help them improve customer service while increasing profit margins through improved productivity", says Mr. Larry Davenport, Vice President Sales & Marketing for The Netplex Group. "This agreement with Netplex further builds on Pricer's partner strategy and is an important step for our partner representation, especially on the US market", says Mr. Thomas Landberg, President and CEO of Pricer AB. "Netplex represents the kind of partners that gives the users of our ESL Systems a complete lifetime solution." For further information, please contact: Thomas Landberg, President and CEO, Pricer AB +46 18 188 100 Pricer AB (publ) was founded in 1991 in the city of Uppsala, Sweden and has built a leading position on the world market for electronic display- and information systems to the retail industry. Pricer offers electronic information systems with the purpose to considerably improve the customer benefit and improve the profitability of the retail market and its suppliers. Through the competent partners that Pricers cooperates with, the customer is offered a totally integrated solution together with the complementary products, applications and services offered by our partners. The share of Pricer is listed on the O-list of OM Stockholm Stock Exchange. For further information please visit Pricer´s website at www.pricer.se. It is also possible to register and automatically receive press releases via e-mail. The Netplex Group, Inc. (NASDAQ: NTPL) www.netplexgroup.com creates e- business solutions that combine industry-specific business strategies; interactive digital marketing; user-centric application and data systems; and secure, high-performance Internet systems infrastructure. Netplex's complete spectrum of "industrial-strength" e-solutions positions customers to confidently take advantage of the new digital economy. Netplex and the Netplex logo are trademarks of the Netplex Group, Inc. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/22/20000322BIT00450/bit0001.doc http://www.bit.se/bitonline/2000/03/22/20000322BIT00450/bit0002.pdf