CARTRIDGE WORLD’s EXPANSION INTO ASIA

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CARTRIDGE WORLD’s EXPANSION INTO ASIA

 user 2006-08-09 at 12:04:00 pm Views: 54
  • #16174

    Cartridge World Announces Expansion Into Asia
    EMERYVILLE,
    Calif., Aug. 06/Cartridge World, the world’s fastest growing ink
    cartridge refill franchise concept, has announced its expansion plans
    for Asia. The company has inked deals with Master Franchisors for
    India, China, the Philippines, Vietnam, and Malaysia and will begin
    opening stores in some countries by September 2006.Company projections
    call for 500 locations throughout China and India and an additional 100
    throughout the Philippines, Vietnam, and Malaysia by 2011. With the
    growing need for ink and toner cartridges throughout Asia, Cartridge
    World aims to meet the demand for low cost, high-quality ink throughout
    international markets.”With more than 1,300 stores across 36 countries,
    it is clear that consumers and businesses have an appreciation for
    alternatives to expensive ink and toner cartridges,” said Burt Yarkin,
    CEO of Cartridge World North America. “Having grown to nearly 440
    stores in three years, the quick success of Cartridge World throughout
    the United States proves that the company is ready to expand into the
    Asian markets.”The following Masters have been awarded for Asia: –
    China – Lloyd and Alex Goudge and Tang Bo — India – The AFL Group -
    Mr. Naveen Rakhecha, CEO — Vietnam – Eckart Dutz and Tran Tinh Minh
    Triet — Philippines – Bruce and Babylyn Newfield — Malaysia – Mr.
    Wong and Helen Tiong — Indonesia – Judi LeonardiCartridge World
    refills empty ink and toner cartridges for inkjet printers, laser
    printers, fax machines and photocopiers with top quality,
    brand-specific ink and toner and at the same time offers consumers and
    businesses up to a 50 percent savings, a money back service guarantee
    and helps the environment by keeping used cartridges out of
    landfills.”Cartridge World is an example of a perfect retail model that
    is able to cross cultures,” Yarkin added. “There are billions of
    printers and office equipment around the world-all will eventually need
    replacement ink and toner. We offer entrepreneurs a proven business
    model that has international brand awareness. For consumers and
    businesses, Cartridge World offers a safe, less expensive option for
    their increasing ink and toner needs.”Cartridge World will also be
    expanding into the countries of Nepal, Sri Lanka, Bangladesh, the
    Maldives, and Bhutan under the direction of India. The company is also
    seeking Master Franchisees for Japan, Thailand, Southern China, and
    Taiwan.

    About Cartridge World
    Cartridge World, founded in
    Australia in 1997, is the world’s fastest growing ink refill retailer
    in the $80 billion printer cartridge industry. The company refills
    empty ink cartridges for inkjet printers, laser printers, fax machines
    and photocopiers with top quality, brand-specific ink and toners and at
    the same time offers consumers and businesses up to a 50 percent
    savings, a money back service guarantee and helps the environment by
    keeping used cartridges out of landfills. Voted #1 in the category of
    toner replacement services by Entrepreneur Magazine Franchise 500,
    Cartridge World has more than 1,300 franchised retail locations in 36
    countries. Emeryville, CA-based Cartridge World North America was
    founded in 2003. There are currently more than 440 locations open in
    the United States with 500 locations expected by the end of 2006. For
    more information, call (888) 99-REFILL or visit

    http://www.cartridgeworldusa.com/