SOURCE: Service Point Solutions, S.A.

September 21, 2007 05:45 ET

Service Point acquires digital reprographics firm Quality Imprés, cementing its leadership in Barcelona

BARCELONA, SPAIN--(Marketwire - September 21, 2007) - . Quality Imprés booked revenues of EUR 4mn in 2006

- The deal consolidates SPS' positioning in Barcelona and the surrounding area where it has three production centres

- Quality Imprés has a diversified customer base made up of large customers from the private and public sectors

- Service Point paid EUR 1.8mn, including debt assumed, implying an EBITDA multiple of 4.3x

Barcelona, 21 September 2007 - Service Point Solutions (SPS.MC), through its Spanish subsidiary, Service Point Facilities Management, has acquired 100% of Quality Imprés, a firm specialised in digital reprographics and document management.

In recent years Quality Imprés has built up a solid position in the Barcelona market, with annual revenues of close to EUR 4mn. The company has landed important customers from both the public (e.g. the Barcelona metropolitan transport company (TMB)) and private sectors (Deutsche Bank, Aviva). Quality Imprés has a diversified customer base across most economic sectors including publishing, training, mass consumer goods, public administration and finance and it has demonstrated its ability to develop a range of high value added services tailored to each customer's needs. This has in turn generated very high degrees of customer trust and loyalty, as reflected by the level of recurring revenues.

With a workforce of 39 and an extensive track record in digital reprographics, Quality Imprés has three service points located throughout the Barcelona metropolitan region.

Service Point paid approximately EUR 1.8mn for the company. The acquisition price implies an EBITDA multiple of around 4.3x.

The acquisition of Quality Imprés will enhance Service Point's coverage of the Barcelona metropolitan area which will now be serviced by five production centres and over 100 professionals.

According to Rafael López Aparicio, CEO of Service Point, "the acquisition of Quality Imprés represents a significant step in the group's growth strategy predicated on boosting our presence in our operating markets, particularly Spain, while unlocking the value of our customer portfolio by incorporating first class firms. The terms of this acquisition are fully in line with the valuation criteria set by the company in order to continue to create shareholder value."

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 over 2,500 people across 6 countries (the UK, US, Spain, Germany, Holland and Norway) via a network of 115 service points worldwide and 714 facilities management and OSS (onsite services) programs. SPS is headquartered in Spain and listed on the Spanish stock exchanges.

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|For further information: |
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|Service Point Solutions  |
|S.A.                     |
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|Cori Pellicer            |
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|coripellicer@servicepoint|
|.net                     |
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|Tel +34 93 5082400       |
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|Fax +34 93 5082442       |
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