Relyco Grows Customer Base in First Quarter of 2012 by Adding More Than 650 …


DOVER, NH, Apr 17, 2012 (MARKETWIRE via COMTEX) —
Relyco, a leading provider of value-added business printing and
payment solutions, today announced the completion of a successful
2012 first quarter in which the company grew its customer base with
the addition of more than 650 new customers. With the introduction of
the Paymode-X ePayment Network, a partnership with Ricoh Canada, and
the hiring of a new vice president of ePayment solutions, Relyco
continued to experience significant growth while establishing itself
as an industry leader in business printing and payment solutions.

Building upon its dedication to customer service and the continued
rollout of innovative substrate products and payment solutions that
customers are demanding, Relyco continues to grow quarter over
quarter. In Q1 2012, Relyco significantly increased its customer base
and expanded existing business across all vertical markets for its
entire line of products. Some notable new customers included Amtrak,
Discovery Cove Orlando, Hershey Entertainment and Resorts, Kraft
Foods Inc., Pac-12 Conference, and many federal government agencies.

“I’d like to congratulate the entire Relyco team on a great first
quarter as everyone stepped up to contribute to our successful start
to 2012,” said Mike Steinberg, president of Relyco. “One of the most
exciting developments in the first quarter was the launch of our
Paymode-X ePayment Network. Many of our customers are now
investigating how to streamline their accounts payable operations by
transitioning from paper-based check payments to more efficient
ePayment solutions. With Paymode-X, we are now offering an easy and
affordable cloud-based solution that eliminates the implementation
barriers associated with other ACH payment solutions — enabling
users to be up-and-running in just a matter of weeks.”

Highlights of Relyco’s first quarter of 2012:



        
        --  Addition of more than 650 new customers in the first quarter
        --  Launched Paymode-X, the largest and fastest growing settlement network
            that makes paper-to-electronic migration fast, safe, and easy.
            Companies can make payments with unlimited digital remittance through
            the secure, Web-based portal, as well as present purchase orders and
            receive and approve invoices
        --  Partnered with Ricoh Canada which approved both Relyco's DigiPOP
            personalized digital packaging solutions and REVLAR waterproof paper
            for use on their production printers to offer the product to its
            customers in Canada
        --  Hired Michael Johnson as vice president of ePayment solutions to lead
            the company's initiative to help transition customers from traditional
            methods of paper-based check payments to time and money saving
            electronic payment methods for accounts payable and payroll
        
        


Within Relyco’s three primary product groups (Payment and E-Document
Solutions, Self Mailer Pressure Seal Forms, and Innovative Laser and
Digital Forms), the company delivers ultimate product quality and
performance to its customers at the best possible price. Whether a
customer is looking for a custom or stock printed item or
transitioning to an electronic process, Relyco works with each
customer to provide solutions that best meet their requirements.
Contact Relyco by calling 1-800-777-7359 or emailing info@relyco.com
today to learn more.

About Relyco
With over 10,000 customers worldwide, Relyco is a
leading provider of value-added business printing and payment
solutions, including custom digital packaging, waterproof paper,
ePayment software, carbonless laser forms, and more. As one of the
largest distributors of laser and digital applications, including
laser checks and other high-security documents, Relyco’s
long-standing membership in the ASC X9AB check processing committee
and extensive experience with fraud prevention strategies and new
forms technologies positions it as the most innovative leader in the
business printing solutions field. Relyco’s customers include Google,
PepsiCo, Samsung, Adobe and Microsoft. For more information, please
visit
www.relyco.com .



        
        Contact:
        Christian Simko
        Director of Product Marketing  Communications
        Relyco Sales Inc.
        121 Broadway
        Dover, NH 03820
        Office: 603.516.3695
        E-mail: Email Contact
        
        
        


SOURCE: Relyco



 
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