FastPrinters.com

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FOR IMMEDIATE RELEASE:

 
FOR MORE INFORMATION CONTACT:
Rick Eisenstein, Marketing VP, Lake Erie Systems
800 570-4533 or fax at 814 899-1384
www.FastPrinters.com

Lake Erie Systems and Services, Inc. Acquires the
TI / Genicom 8920 / 8930 Printer Business.

ERIE, PA. November 6, 2000 - Lake Erie Systems and Services, Inc of Erie, Pennsylvania announced today the purchase of the TI / Genicom 8900 printer business from IER, Inc. 
 
Lake Erie Systems purchased all rights, including marketing and manufacturing, plus all inventory of printers, spare parts, options and ribbons. Aubrey Brickhouse, IER VP, states in a letter to customers dated November 3, 2000 "Lake Erie Systems is a leading supplier of computing and printer solutions. The sale of the 8900 printer business to Lake Erie Systems ensures that you will continue to receive the very highest level of support for the 8900 printers, both today and in the future." 
 
The 8900 series products are heavy duty, multi-copy forms printers used in office, warehouse, automotive and manufacturing environments. The printer was originally designed, manufactured and sold by Texas Instruments. In 1996 Genicom purchased the entire TI printer division. IER bought the 8900 printer business from Genicom along with the entire transportation product division during the Genicom reorganization in June of this year.
 
According to Dennis Dolan, President of Lake Erie Systems, “We are very proud to announce the acquisition of the 8900 series product line. Considering our long history of success and involvement in the TI printer business, we feel that it is fitting that the 8900 printer family should be added to our business. Mr. Dolan also added, “We are pleased to commit to our customers that we will continue to fully support and service the 8920 and 8930 for a minimum of seven additional years.” Lake Erie Systems has been serving the computer and printer industry since 1984. They have emerged in recent years as one of the leading suppliers of spare parts and repair services for a number of products including printers from Genicom, Sharp, Okidata and Texas Instruments. For more complete information on Lake Erie Systems you may visit their web site at www.FastPrinters.com




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