ImageX.com Agrees to Acquire Creativepro.com

Posted on March 21, 2000

ImageX.com, a business-to-business marketplace for printed business materials, has announced that it has entered into a definitive agreement to acquire Creativepro.com, Inc., a vertical portal for creative professionals. Creativepro.com will become a wholly-owned subsidiary of ImageX.com upon closing, and will continue to operate from its Portland, Ore. headquarters. Creativepro.com founder, president and chief executive officer, Craig Barnes, will remain president of the new subsidiary.

``In the $292 billion U.S. printing and graphic arts industry, 8 out of 10 printing decisions are influenced or made by designers,'' said Rich Begert, president and chief executive officer of ImageX.com. ``Creativepro.com captures and engages this community at the origin of the creative process, and we intend to catapult the creative professional community from desktop design to the Web to the printed page. This acquisition represents a major strategic advantage and benefits our combined corporate customers and the design community.''

ImageX.com delivers an end-to-end solution to the graphic arts industry, which includes buyers and sellers of print, pre-press, paper and graphic design products and services. With the acquisition of Creativepro.com, ImageX.com gains access to an estimated number of more than 1 million incremental customers who are using Creativepro.com's software or e-services.



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