NER-DATA SELLS IMAGING UNIT TO CLOVER TECHNOLOGIES GROUP

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NER-DATA SELLS IMAGING UNIT TO CLOVER TECHNOLOGIES GROUP

 user 2010-01-04 at 11:18:00 am Views: 44
  • #23308

    NER-DATA SELLS IMAGING UNIT TO
    CLOVER TECHNOLOGIES GROUP

    NER to Sell Imaging Supplies and Printer Parts Business Units
    to Clover Technologies Group

    Sale will provide additional
    resources for growing MPS and Data Center Solutions divisions
    GLASSBORO,
    N.J. — NER Data Products, Inc. (NER) announces the sale of the NER
    Imaging Supplies division and its wholly owned printer parts subsidiary
    Image1 to Clover Technologies Group Inc. (Clover). The agreement will
    transfer all imaging activates including compatible laser toner, inkjet,
    narrow and wide impact ribbon production, and printer parts to Clover.

    Clover
    will assume responsibility for the NER Denver, Image1 Plano, and NER
    Glassboro supplies operations that support these business units.
    Customer and vendor relationships will be assumed by Clover and business
    will continue at all of these locations. In addition, NER is pleased to
    announce that over 80% of the NER employees at these locations will
    become employees of Clover as of the first of the year.

    “The
    decision to sell off business units is not taken without great
    consideration,” said Stephen Oatway, President of NER Data Products,
    Inc. “Approximately seven years ago, we began the process of
    strategically transitioning the company from offering commodity products
    to offering value-added solutions. As a result of our efforts, we have
    become a leader in both Managed Print Services and Data Center
    Infrastructure Solutions. In reviewing the direction of the company it
    was determined that a concentrated focus on these divisions was in the
    best interest of the company, shareholders, and customers moving
    forward. This strategic move allows us to focus resources on those
    business units that are poised for the greatest growth in the future.”

    The
    sale will be finalized December 31, 2009 and terms of the transaction
    are not disclosed. The newly reorganized NER will be strongly positioned
    to continue providing industry-leading Managed Print Services and Data
    Center Infrastructure Solutions to their channel partners and their
    customers.Current customers for Imaging Supplies and Image1 products can
    find information about the business transition on the NER website —
    http://www.nerdata.com

    About NER Data Products, Inc.
    Founded in 1971,
    NER is a unique blend of manufacturer, value-added distributor (VAD),
    and solutions developer with an offering of Managed Print Solutions and
    Data Center Infrastructure Solutions. Our solutions integrate with
    complementary technologies from industry-leading partners and are
    deployed through value-added services. NER reduces complexity in many
    business environments, resulting in cost-savings, while allowing for
    scalability and growth. Learn more about NER at http://www.nerdata.com.

    http://www.prnewswire.com/news-releases/ner-to-sell-imaging-supplies-and-printer-parts-business-units-to-clover-technologies-group-79899267.html