SOURCE: PEAK Technologies

PEAK Technologies

September 10, 2010 10:59 ET

PEAK Technologies Announces Label Applicator Trade-In Program

Program Rewards Customers With Up to a $1,500 Trade in Rebate When Upgrading From an Old Label Applicator to a Qualifying New Unit From PEAK

COLUMBIA, MD--(Marketwire - September 10, 2010) -  PEAK Technologies, a Platinum Equity Company, today announced a new label applicator trade-in program that offers rebates to customers who upgrade an old label applicator or print engine to a new applicator print engine, apply-only label applicator or print/apply label applicator.

Under the program, when a qualifying customer purchases a new print engine or label applicator system from PEAK and agrees to trade-in their old print engine or label applicator, PEAK will provide the end user with a rebate per unit ranging from $250-$500 for print engines all the way up to $750-$1,500 for new print and apply labeling systems. PEAK's label applicator systems are manufactured by CTM Labeling Systems (Salem, OH)

Benefits of a new label applicator system can include:

  • Reduced operational down-time due to label applicator system malfunctions and errors with the old system
  • Decreased time spent by internal staff on making repairs and modifications to keep existing systems operational
  • Improved throughput in the amount of labels applied per day or shift
  • Enhanced precision in label placement and adherence to compliance mandates
  • RFID-enabled print engine technology
  • Enhanced PLC controls with more user-friendly display interfaces

"Label applicator systems help our customers improve productivity, lower operating costs, and ensure reliable labeling operations," said Tim Wills, vice president of marketing, PEAK Technologies. "Since an aging label applicator system can often become a bottleneck to achieving the supply chain efficiency goals of our end-users, PEAK wanted to provide an additional incentive for end-users to consider in upgrading their old label applicator systems by the end of the year," added Wills.

For more information on the PEAK Label Applicator trade-in program, visit the PEAK website at: http://www.peaktech.com/Printer_Applicator/Label_Applicator_Trade-in_Program/index.aspx

About PEAK Technologies
PEAK Technologies, a Platinum Equity Company, is a systems integrator of supply chain automation and inventory management solutions delivering tangible return on investment to some of the world's largest corporations. PEAK's primary applications include solutions for warehousing, manufacturing, and distribution operations. PEAK's portfolio of solutions and services include business process consulting, enterprise resource planning (ERP) systems integration, wireless professional services, project management, printing/media solutions, and life-cycle support services. PEAK Technologies has locations throughout North America providing a comprehensive "foot print" for national, multi-site life cycle service and support.

About Platinum Equity
Platinum Equity is a global M&A&O® firm specializing in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, telecommunications, industrials, logistics, manufacturing, and entertainment distribution. Since its founding in 1995 by Tom Gores, Platinum Equity has completed more than 70 acquisitions with more than $17 billion in aggregate annual revenue. (www.platinumequity.com)

All products or company names listed are Registered Trademarks and Trademarks of their respective holders.

Contact Information

  • Editorial Contact:
    Janet Johnson
    PEAK Technologies, Inc.
    (410) 312-6033
    Email Contact