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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.”
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