*NEWS*CTGS-R-US JOINS CLOVER TECH GROUP

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Date: Monday September 10, 2007 10:19:00 am
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    Cartridges Are Us Joins Clover Technologies Group
    September 2007Cartridges Are Us, Inc. , one of the most respected inkjet cartridge remanufacturing companies in the imaging supplies industry, has joined forces with Clover Technologies Group, LLC., (Clover) of Ottawa, Illinois, one of the largest and fastest growing companies in the industry. The two organizations signed a Letter of Intent June 5, 2007 and the acquisition was completed August 1, 2007.

    According to Dominic Iocco., co-owner of CAU, “This partnership offers a truly beneficial relationship for our customers, our vendors and our employees. We are very fortunate to have found a partner who shares our passion for business excellence, product quality and customer care. The merging of these two great organizations will create powerful synergies to leverage our company’s inkjet expertise with Clover’s imaging supplies manufacturing and technology expertise. We will continue to do everything we have been doing and we will work together to develop best practices across all of our product lines. Our commitment to quality and service will only get stronger.”Many people are unaware of the extensive technology that the Clover team has developed over the last year for inkjet manufacturing. As soon as we saw the technology they were building, we knew we were a perfect match“Many people are unaware of the extensive technology that the Clover team has developed over the last year for inkjet manufacturing. As soon as we saw the technology they were building, we knew we were a perfect match,” adds Iocco.Jim Cerkleski, CEO of Clover agrees. “As with our Dataproducts and GRC acquisitions, the addition of CAU into the Clover family brings both great talent and a proven track record. When coupled with Clover’s extensive product line, superior technology, highly trained global sales organization, and global distribution network, we become an even stronger force in the hard copy imaging supplies industry.”The integration of the two organizations is expected to take 12 months or more. Customers, however, can expect to benefit from the combination of best practices from both companies. Benefits to current Cartridges Are Us customers will include a more extensive product offering and a complete one-stop-shopping experience.

    A global company with locations in North America, Europe and Asia, Clover Technologies Group has grown to become one of the largest remanufacturers of laser and inkjet imaging supplies in the world. Clover has been listed in INC. Magazines’ top 500 Fastest Growing Privately Held Companies for four straight years. The company has grown at such an accelerated rate by offering one of the industry’s largest imaging supply product lines, which includes toner and ink cartridges, as well as printer ribbons and a full line of original (OEM) supplies.

    Cartridges Are Us, Inc. is a recognized industry leader in remanufactured inkjet technology. Cartridges Are Us is the only company who has been nominated every year for the Recharger Magazine Inkjet Quality Award winning top honors in 2005. The company has been family owned and operated since 1997 and delivers world-class quality and customer service.

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