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RACAD Tech Inc. signed an OEM distribution agreement with Xerox Uruguay

Posted by Racad Tech on 27 April 2008
Toronto, April 28, 2008 - RACAD Tech Inc. a leading provider of Internet based solutions, announced today that it has signed an OEM license agreement with Tecnomax S.A., operating as Xerox Uruguay, to distribute the GoPrint2 print driver in Uruguay to the graphic and print market.

"This license agreement demonstrates the need by OEMs to find practical web-based solutions that will add value to their products and provide necessary solutions to help their customers become more efficient and profitable with their print and graphics businesses" said Reuben Ben Quesus, President and CEO of RACAD Tech Inc. "This is the first of many more distribution license agreements that RACAD will seek out for the GoPrint2 print driver solution, as there has already been significant interest in the market for such a user-friendly and simple print e-procurement solution."

"The GoPrint2 print driver solution compliments our growing portfolio of global solutions and adds value to our customers by putting their print operations on their customers' computers to simplifying and streamlining the print ordering and proofing process, which in turn translates to increased customer loyalty and thus more profitable print operations", said Carlos Egea, President of Tecnomax, S.A., Xerox Uruguay.

RACAD Tech Inc.www.racadtech.com

RACAD Tech Inc. is committed to creating innovative and user-optimized Web applications for a diverse client base. With our industry expertise, cutting edge technology, and proven solutions we are able to offer innovative software that meet the needs of our clients and their customers. Our recent developments include software services for the Web-to-print industry. Our Web-based products are also appropriate and affordable for a variety of other industries and businesses, regardless of their size.

Cautionary Statement under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this fact sheet may contain information about the Company's future business prospects. These statements may be considered "forward looking" and are subject to risks and uncertainties that could cause actual results that differ materially from those set forth or implied by such forward looking statements.

Author:Racad Tech