Hamilton, Bermuda (PRWEB) July 26, 2007
VistaPrint Limited (Nasdaq:VPRT), the leading online supplier of high-quality graphic design services and customized printed products to small businesses and consumers, today announced that is has been named to the Graphic Arts Monthly "GAM 101" list for top performing printing companies in North America. VistaPrint was slotted at No. 39 on the list, up 20 slots from No. 59 last year. For the second consecutive year, VistaPrint led all companies on the list in sales growth at 67%.
Each year, Graphic Arts Monthly polls over 500 of the leading printing companies on the continent and assigns a ranking based upon their latest fiscal year. Members of the GAM 101 represented $44.5 billion in sales with 73% of the list posting sales gains, 34% of which were double-digit increases.
"Seeing VistaPrint's name in the top half of the GAM 101 is certainly a validation of the work we've been doing and the growth we experienced in 2006," said VistaPrint Senior VP of North American Marketing Trynka Shineman. "Over the past seven years we have grown from a start-up company to the leader in the online printing industry. Our growth and success is credited to the expertise and drive of our employees, who have enabled VistaPrint to accomplish truly remarkable things."
According to the article, in order to stay competitive, top printers continued to invest heavily in capital upgrades, spending $1.4 billion in 2006 to improve and grow operations. Investments centered on equipment, plant expansions and projects to boost efficiency. During this period, VistaPrint ranked sixth among all 500 companies surveyed, making capital investments of 16% of its revenue back into the company in fiscal year 2006. On average, companies invested 3% of sales back into their company.
"The printers on the GAM 101 have distinguished themselves as the most efficient and preferred print shops on the continent," said Graphic Arts Monthly Editor-in-Chief Bill Esler. "Since the list's inception, there are only 16 companies that were on the initial list in 1983. The industry has seen tremendous growth and members of the GAM 101 have seen growth both organically and through mergers and acquisitions."
The GAM 101, now in its 25th year, ranks North American printing companies on their financial data from the latest fiscal year. The complete GAM 101 list can be seen by logging onto http://www.gammag.com/BackIssues/artbgam0706.27.top101.
VistaPrint Limited (Nasdaq:VPRT) is the leading online supplier of high-quality graphic design services and customized printed products to small businesses and consumers. VistaPrint offers custom designed, full-color, low-cost printed products even in small quantities. Over 9 million small businesses and consumers have already chosen VistaPrint for products ranging from business cards and brochures to invitations and thank you cards. Products are printed at VistaPrint's two state-of-the-art plants in North America and Europe that total over 200,000 square feet of production space. A global company, VistaPrint employs more than 900 people and operates 18 localized Web sites serving over 120 countries around the world. A broad range of design options are available online at http://www.vistaprint.com VistaPrint's printed products are satisfaction guaranteed.
About Graphic Arts Monthly
Established in 1929, Graphic Arts Monthly (GAM) magazine explores applied technology for the printing industry. This year marks the 25th anniversary of its annual GAM 101 ranking of North America's leading printers. In edition to its 70,000-circulation print edition, the publication's online counterpart, http://www.graphicartsmonthly.com , receives approximately 30,000 unique visitors and nearly 100,000 page views per month. GAM is published by Reed Business Information (http://www.reedbusiness.com), the largest business-to-business publisher in the U.S. and a member of the Reed Elsevier Group plc. In addition to GAM, Reed Business covers the printing industry with its A.F. Lewis equipment database-powered Graphic Arts BlueBook regional directories (http://www.gabb.com) and The Industry Measure subsidiary (http://www.theindustrymeasure.com), which compiles statistics based on in-depth surveys of U.S. printing managers.
VistaPrint, the VistaPrint logo, and VistaPrint.com are registered trademarks of VistaPrint. All other brand and product names appearing on this announcement may be trademarks or registered trademarks of their respective holders.
Jason Keith/Jeff Esposito