SOURCE: American Reprographics Company

July 11, 2008 08:00 ET

American Reprographics Company Acquires Hawaiian Firm

Expands National and International Reach With Honolulu's The Blueprint Company

WALNUT CREEK, CA--(Marketwire - July 11, 2008) - American Reprographics Company (NYSE: ARP), the nation's leading provider of reprographics services and technology, today announced the acquisition of the assets of The Blueprint Company (TBC), a major provider of reproduction, document management and related services to the architectural, engineering and construction industry in Hawaii. The acquisition extends ARC's presence into a premiere tropical design center, and a market well-known for supplying Eastern Asia with design- and construction-related services. Terms of the acquisition were not disclosed.

TBC services all of Hawaii's major islands and is headquartered on the island of Oahu, in Honolulu. The acquisition of the firm not only furthers the ARC strategy of establishing a leading position in major metropolitan areas across the country, but also helps close the geographical gap between the Company's U.S.-based operations, eastern Asian markets, and UDS, ARC's joint venture with Beijing-based Unisplendour in China.

Allan Dowsett, President of TBC, said, "We continue to see tremendous opportunities in Hawaii and joining ARC will help us pursue them. With nearly 100 years in this market, we're excited to be growing here on the islands, and also to be able to look across the Pacific in both directions for new business. As a part of ARC, we're going to be able to offer our clients all the services of a global reprographics firm on the mainland to the east, as well as to the west in Asia and the Far East."

"TBC fits in perfectly with our global expansion plans," said K. "Suri" Suriyakumar, President and CEO of American Reprographics Company. "The company is remarkably well-established in its home market of Hawaii, but there's still plenty of room for growth. And with its location nearly half-way across the Pacific, TBC has a natural advantage in helping us bring our services into Asia. We're very happy to have them on board."

About American Reprographics Company

American Reprographics Company is the leading reprographics company in the United States providing business-to-business document management technology and services to the architectural, engineering and construction, or AEC industries. The Company provides these services to companies in non-AEC industries, such as technology, financial services, retail, entertainment, and food and hospitality, which also require sophisticated document management services. American Reprographics Company provides its core services through its suite of reprographics technology products, a network of more than 300 locally branded reprographics service centers across the U.S., and on-site at more than 5,000 customer locations. The Company's service centers are arranged in a hub and satellite structure and are digitally connected as a cohesive network, allowing the provision of services both locally and nationally to more than 140,000 active customers.

Forward-Looking Statements Disclaimer

This press release contains forward-looking statements that fall within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 regarding future events and the future financial performance of the Company. Words such as "will, " plans" and "see," and similar expressions also identify forward-looking statements. We wish to caution you that such statements are only predictions and actual results may differ materially as a result of risks and uncertainties that pertain to our business. These risks and uncertainties include, among others:

--  The current downturn or a future general downturn in the
    architectural, engineering and construction industries could diminish
    demand for our products and services;
--  Competition in our industry and innovation by our competitors may
    hinder our ability to execute our business strategy and maintain our
--  Failure to anticipate and adapt to future changes in our industry
    could harm our competitive position;
--  Failure to manage our acquisitions, including our inability to
    integrate and merge the business operations of the acquired companies, and
    failure to retain key personnel and customers of acquired companies could
    have a negative effect on our future performance, results of operations and
    financial condition;
--  Dependence on certain key vendors for equipment, maintenance services
    and supplies, could make us vulnerable to supply shortages and price
--  Damage or disruption to our facilities, our technology centers, our
    vendors or a majority of our customers could impair our ability to
    effectively provide our services and may have a significant impact on our
    revenues, expenses and financial condition;
--  If we fail to continue to develop and introduce new services
    successfully, our competitive positioning and our ability to grow our
    business could be harmed.

The foregoing list of risks and uncertainties is illustrative but is by no means exhaustive. For more information on factors that may affect future performance, please review our SEC filings, specifically our annual report on Form 10-K for the year ended December 31, 2007, and our quarterly reports on Form 10-Q for the quarter ended March 31, 2008. These documents contain important risk factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. These forward-looking statements are based on information as of July 11, 2008, and except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements.

Contact Information

  • Contact:
    David Stickney
    VP of Corporate Communications
    Phone: 925-949-5100
    Email: Email Contact