Preo Software Inc.
TSX VENTURE : PKM

Preo Software Inc.

January 19, 2011 12:05 ET

Ushering in a New Era for Managed Print Services, Supplies Network Announces the Availability of Preo Printelligence™ MPS

ST. LOUIS, MISSOURI AND CALGARY, ALBERTA--(Marketwire - Jan. 19, 2011) - Preo Software Inc. (TSX VENTURE:PKM)

Supplies Network, an industry leader in managed print infrastructure services today announced the availability of Preo Printelligence ™ MPS. Supplies Network channel partners will now be able to broaden their MPS services from managing "printers" to managing "printing", with invaluable cost-efficiency, document workflow and employee productivity benefits.Beginning today, approved Resellers will be able to complete the required training and certification programs enabling them to market the new service offerings.

"As we said in October when we first announced the partnership, the Supplies Network-Preo relationship brings to the market a new MPS model with the potential to change the MPS landscape", said Doug Johnson, Supplies Network SVP-MPS. "The response we have had from knowledgeable players in the MPS business has been overwhelmingly positive. They consistently see the enhanced services offerings as solving problems that were previously considered intractable, whether they be cost-effective remote assessments, management of local devices, understanding of page level area coverage, or effectively managing end-user behavior change."

Doug Johnson continued "going forward, the partnership enables Supplies Network to deliver a wide range of value-added print and document management services to others in the channel, including resellers, distributors and OEMs.This relationship brings to the market a new MPS model with the potential to be ubiquitous. We have invested in the infrastructure and competencies that make entry into MPS simple for others in the channel. We take the risk, while assuring both consistent performance and financials for MPS providers".

Gary McCone, President and CEO of Preo Software said, "We are extremely pleased that Supplies Network has realized the relevance user data has in an MPS engagement and its resulting capability to provide true differentiated value".

"Taking an end-user point of view is wise, too, in our estimation, in a space largely driven to date by ways for vendors to create more business for themselves and for their client organizations to save cost. Supplies Network and Preo offer unique capabilities that do indeed raise the MPS bar, and we will be watching carefully as this offering goes to market" said "Jim Lyons, columnist and contributor to The Hard Copy Observer, a publication of Lyra Research.

About Preo™ Software

Preo Software Inc. is the market leader in providing Print Knowledge Management Systems (PKMS) to enterprises, select OEMs, and Managed Print Services providers around the world. Printelligence™, the company's award winning flagship SaaS (Software as a Service) offering, empowers users to optimize their print assets and reduce print volumes, while yielding significant cost savings and reducing the environmental footprint. Preo Software is a seven-year-old technology company maintaining offices in both Canada and in the United States with products deployed in over 3,000 organizations worldwide. For more information, visit www.preosoftware.com.

About Supplies Network

Supplies Network is the largest privately-owned wholesaler of IT consumables in the U.S. An early innovator of Managed Print Services, the company leverages top industry talent, a robust IT-development team with experience in packaging SaaS services, and relationships with all segments of the print-provider value chain including major supplies manufacturers and resellers. In addition to being a leader in print management, Supplies Network specializes in IT supplies, equipment and data storage media from 70 leading manufacturers. One- and two-day UPS ground delivery is available to 99% of the U.S. population. For more information, visit www.suppliesnetwork.com or call 800-729-9300.

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