Re Contract
4imprint Group PLC
2 July 2002
Press release 2 July 2002
4imprint Group plc wins contract from Leeson Electric Corporation
4imprint Group plc, the leading global distributor of imprinted promotional
products, today announces that the company has won a US corporate contract with
Leeson Electric Corporation (Leeson). This is the largest contract 4imprint has
won in the electrical sector.
Leeson, one of the largest electric motor manufacturers in the US has contracted
4imprint to initiate a gift certificate programme linked to their website. A
full promotional scheme with a catalogue and a website will follow the gift
certificate programme. This contract is to span a three-year period, and was
acquired by the internal corporate sales team.
4imprint will be supplying the company with a full range of promotional products
including desktop items, apparel and writing instruments. Leeson is an
international company, with over 33,000 accounts, supplying motors to over 35
different basic industries. The three key markets are the United States, Canada
and the international arena. The company was founded in the mid 1930s and is
currently still expanding through acquisition and joint venture.
Dick Nelson, CEO of 4imprint Group plc, commented: 'This contract win is
important to the Group, not only because Leeson is the leader in its field, but
also because of its growing international network. We look forward to a long
and mutually beneficial relationship.'
Nigel Brabbins, formerly Managing Director - Europe of 4imprint Group plc, has
left the company by mutual agreement with immediate effect to pursue other
business opportunities. Craig Slater, Group Finance Director will in the interim
period, take up the additional role of Managing Director of Broadway,
Manchester. The Board wishes Nigel every success in the future.
- Ends -
For further information, please contact:
4imprint Group plc
Dick Nelson, CEO Tel: + 001 920 203 7272
Email: dnelson@4imprint.com
Media enquiries:
Bankside Consultants Limited
Henry Harrison-Topham / Russell Elliott Tel: +44 (0) 20 7444 4140
Email: russell.elliott@bankside.com
Notes to editors:
4imprint Group plc
The 4imprint Group plc is a leading international network of wholly owned
companies in the highly fragmented $30 billion promotional products industry.
Globally, the Company is the largest direct marketer of imprinted promotional
products, and the fourth largest distributor. The Company's blue-chip roster of
clients includes BT, British Airways, Microsoft, BMW, Mercedes, Hitachi Data
Systems, Crawford, Amec, Raley's and Saturn and other leading companies who use
promotional products to build their brand and increase customer loyalty. The
Company operates in four distribution channels: direct marketing, corporate
programmes, premium and incentive promotions and partner services.
The Group headquarters is in Manchester with other UK facilities in Woking,
Whitefield, Vauxhall and Bristol. The 4imprint US offices are located in
Oshkosh, Wisconsin and Quincy, Massachusetts. In addition, 4imprint has
operations in France, Germany, Canada and China.
4imprint has worked closely with clients for over 25 years in the use of branded
promotional products to support customers' marketing and branding efforts. The
Company offers the only global solution in the industry in the areas of product
sourcing and services.
The Company has developed proprietary systems that provide the easiest way to
order imprinted promotional products. Its full e-commerce enabled online
solutions provide customers with 24/7 access. 4imprint has 700 highly trained
employees and currently provides services to more than 200,000 customers,
including all of the Fortune 100(R) companies.
4imprint is traded on the London Stock Exchange under the symbol FOUR. The
company has established an American Depositary Receipts (ADR) programme in the
US for US-based investors.
Website: www.4imprint.com
www.4imprint.co.uk
www.4imprint.com/canada
Leeson Electric Corporation
Leeson is one of the leading US manufacturers of electric motors, gear motors
and supplies over 3,000 accounts to markets in the United States, Canada and the
world. These products are distributed through 33 sales offices and warehouses in
the United States and Canada, plus through agents and affiliates worldwide.
Leeson supplies electric motors to over 35 different basic industries. The
Company is headquartered in Milwaukee with international offices in Toronto,
Shanghai and Bologna to date.
The Company was founded over 80 years ago with Emil Doerr at St. Louis
Electrical Works, later renamed Baldor Electric, with Emil as co-founder.
1939, Emil's son Lee and two of his brothers founded Doerr Electric.
1972, Lee's sons formed LEESON Electric Corporation.
The Company has always strived: 'To be the world's most customer-focused motor,
gear motor and drives company.' This is still the Company's code.
Acquisitions & Alliances:
1997 acquisition of Sandor Corporation in Sedalia, Missouri, LEESON added the
capability for high-volume manufacture of commercial-duty DC sub-fractional
motors. These are sold internationally under the Tru-TorqTM brand name.
1995, LEESON acquired Gear Systems, Inc., now integrated within LEESON.
1988, LEESON purchased Motronics Corporation, a manufacturer of sub-fractional
horsepower AC and DC motors and gear motors. These industrial-duty
sub-fractional products have expanded Leeson's reach into markets such as
business machines, data processing peripherals, packaging machinery and medical
equipment, among others.
1985, LEESON acquired Unison Dynamics, a manufacturer of direct current
permanent magnet 48 and 56 frame motors, which has further enhanced the LEESON
line.
Website: www.leeson.com
This information is provided by RNS
The company news service from the London Stock Exchange