Norwood Says No to Raising Prices in 2008 and Offers Distributors Even More Services

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Norwood Promotional Products is not raising prices in 2008, despite inflationary pressures. Norwood is offering customers even more online services to help drive sales.

We know that it is incumbent upon us to develop easy, turn-key selling tools that will support sales through current economic conditions. We will continue to keep our focus on our distributors' needs and provide more innovative products and service-related solutions for 2009.

Norwood Promotional Products demonstrates its ongoing commitment to distributor partnerships by holding prices for the remainder of 2008. Though many suppliers are raising prices due to rising costs of raw materials, freight, fuel and the declining value of the US dollar, Norwood is committed to its current pricing and continues to offer customers more services to help boost sales during these challenging economic times.

"We understand that distributors have made their own commitments to customers regarding pricing for the year and Norwood is doing what it can to support them during these tough economic times," said Jim Simone, SVP and Chief Marketing Officer. "Meanwhile, we continue to seek innovative solutions to help drive sales and build confidence in our products and services."

Norwood offers distributors a series of industry-leading solutions, including 24-Hour service on just about 400 products. They have also recently updated norwood.com and added a number of on-line marketing tools that help distributors market their products by theme, event and industry. In light of growing concern about product safety, Norwood also launched Safety SearchTM in July of this year. Registered distributors can log-in and access product safety test results for over 3,000 of Norwood's 4,300 products by simply entering the product's item number (results are continually being added until the entire line is represented).

"These are just a few of our distributor solutions," Simone continued. "We know that it is incumbent upon us to develop easy, turn-key selling tools that will support sales through current economic conditions. We will continue to keep our focus on our distributors' needs and provide more innovative products and service-related solutions for 2009."

Norwood Promotional Products is an industry leading supplier of imprinted promotional products. The company offers more than 4,300 products and is a market leader in several of the industry's major product categories. Norwood also offers hundred of products on 24-Hour service at no extra charge. The complete Norwood product offering includes:

Automotive & Tools • Awards, Recognition & Gifts • Bags, Meeting & Outdoor
Calendars, Planners & Diaries • Drinkware & Housewares • Golf, Sports & Fun
Good Value Calendars® • Health, Wellness & Safety • Office & Desk Accessories • Writing Instruments

For more information about Norwood Promotional Products visit the company's Internet site at http://www.norwood.com.

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Margit Fawbush


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