Media Sciences

Date: Mar 11, 2005
Contributor: Harriett Nordeen

Media Sciences(R) Announces European Expansion

Media Sciences International, Inc., the leading independent manufacturer of generic supplies for office color printers, announced today that it has expanded its European operations through the formation of a United Kingdom Subsidiary named Media Sciences UK Limited.

This wholly owned subsidiary emphasizes the Media Sciences' commitment to the European market. Media Sciences UK Ltd., will provide local resources to support and grow our Media Sciences distribution partners and end users in eastern and western Europe. The opportunity to grow our business in this region is significant and now we can more efficiently support our distribution partners and uncover opportunities for new business," says Michael W. Levin, President and CEO.

"IDC estimates the current installed base of office colour page printers for Western and Eastern Europe combined to be 1.874 million units, this being the largest geographical installed base of colour page printers in the world." -- Phil Sargeant, European Hardcopy Peripherals Analyst, IDC

Levin continues "Over the last year we have introduced a number of products for Epson®, Konica-Minolta(TM) and QMS, all of which are strongly entrenched in Europe. With these products and local support we expect to grow our European business at a pace that matches our aggressive US growth."




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