AMERICAN-TONERSERV SHIPs 1,000 ORDERS A DAY !

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AMERICAN-TONERSERV SHIPs 1,000 ORDERS A DAY !

 user 2009-10-20 at 10:27:42 am Views: 55
  • #22576

    http://www.reuters.com/article/pressRelease/idUS123368+15-Oct-2009+BW20091015
    AMERICAN-TONERSERV SHIPS 1,000 ORDERS A DAY !
    Company Interprets Significant Growth in Sales as Strong Evidence of a Thriving Market for its Cartridges and Related Services
    SANTA ROSA, Calif.–American TonerServ Corp., a leader in the highly fragmented $6.0 billion printer supplies and services industry , reports that it is now selling an average of more than 1,000 toner and ink cartridges per day. This milestone is reached during a period of strong growth for the company, which has enjoyed a consistent rise in sales over the past five quarters.

    American TonerServ`s management sees the sales milestone as strong evidence for an ever-growing toner cartridge market. As the company`s sales of original equipment manufactured and remanufactured cartridges (compatibles) are both on the rise, the company predicts a higher relative demand for the compatibles, which offer higher margins to the company and serves as a lower-cost and environmentally friendly alternative.

    Chuck Mache, President and Chief Executive Officer of American TonerServ Corp., said, “We are greatly encouraged that our sales volume has exceeded this important benchmark. The demand for cartridges has never been greater, and American TonerServ has positioned itself as a key player in this important market. We have sold well over 250,000 cartridges since the end of the second quarter of 2008, and sales are consistently rising from quarter to quarter.” He went on to say, “Compatibles currently comprise more than 50 percent of our total cartridge sales. We expect this figure to increase in the future, which would positively impact our margins, as more of our customers become aware of the economic and environmental advantages they offer.”