SOURCE: Service Point Solutions, S.A.

September 14, 2007 05:27 ET

The Puig Group entrusts the running of its office assets and processes to Service Point

BARCELONA, SPAIN--(Marketwire - September 14, 2007) -


- Service Point's office management services will increase the flexibility and reliability of the Puig Group's document printing and scanning.

- This on-site service contract implies initial revenues for SPS of around EUR 150,000 per annum.

Barcelona, September 14, 2007 - Service Point Facilities Management Ibérica, the Spanish subsidiary of Service Point Solutions (SPS.MC) has signed a services agreement with the Puig Group for the application of SPS' office management technology. Seventy-four inkjet and local laser printers will be substituted by 27 b/w multifunctional printers and 24 colour machines, leading to significant printing cost savings. The deal will generate revenues of EUR 150,000 in the first twelve months, being a 5 year contract. The outsourcing of the management of this service to SPS will bring new value added services to the Puig Group's operations in Spain.

Grupo Puig is a Spanish multinational Group with presence in over 150 countries, with 23 own offices and 4.000 employees. With revenues of 850 million Euros in 2006, its activity is developed in 3 business areas: fragrances, cosmetics and fashion, in which they do the distribution, representation or elaboration. They have prestigious clients like Prada, Carolina Herrera, Nina Ricci, Zara, Adolfo Domínguez or Paco Rabanne, among many others.

Service Point Facilities Management Ibérica will thereby extend the internal reprographics services that it has been providing the company for the last six years, taking over management and maintenance of the equipment located in its buildings located on Mallorca street, Sagués street and on the Travesera de Gracia. This global services agreement extends to customer service, equipment maintenance, repair management, report generation and coordination with the back-up centres.

Overall, this system will generate significant benefits for the Puig Group, boosting productivity and enabling the company to focus even more on its core business, while optimising processes through the application of the most up to date multifunctional printing technology. This will in turn increase document management reliability, enhance quality control and improve information management.

According to Rafael López Aparicio, CEO of SPS, "This contract demonstrates yet again the multinational nature and potential of SPS, specifically its ability to offer best of breed, value added document management services to our customers across our various operating markets. The ability to leverage multifunctional technology by handling documents digitally is enabling us to grow in this attractive sector in Spain".

According to Fernando Herrera Peró, head of central services at the Puig Group: "The selection by the Puig Group of SPS as an outsourcing services supplier is based on SPS' prestigious reputation as a value added services provider, a reputation built up over our 6-year collaboration. We expect that this agreement will bring substantial benefits to the management, control and optimisation of our office processes".

Service Point Solutions (www.servicepoint.net) provides digital reprographics and document management services to the AEC (architects, engineers and construction), manufacturing, public and services sectors. It employs 2,316 people across 5 countries (the UK, US, Spain, Germany and Holland) via a network of 85 service points worldwide and 714 facilities management and OSS (onsite services) programs. SPS is headquartered in Spain and listed on the Spanish stock exchanges.

For further information:

Service Point Solutions S.A.

Cori Pellicer

coripellicer@servicepoint.net

Tel +34 93 5082400

Fax +34 93 5082442

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