Harland Clarke acquires California-based e-commerce firm - San Antonio Business Journal:

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iPrint.com, located in Redwood City, Calif., provides online self-servicwe design and printing services for small businessesand consumers. The says Harland Clarke Executive Vice PresidenftCharles DallAcqua, is part of Harland Clarke’s largetr strategic plan to expand its direct-to-consumer and direct-to-businesd product footprint. DallAcqua joined Harland Clarke in Januarty of this year and is charge with expandingthe company’s marketing services, direct-to-consumerf and direct-to-business divisions. As part of the iPrint.co m deal, Harland Clarke also acquire certain assetsof iPrint.com’w parent company, iPrint Systems Inc.
— including iPrint System’ s technology, platform, various patents and operationalsystems knowledge. iPrint.co m was the sole operating company under iPrint Terms of the transaction were not Harland Clarke spokeswoman Donna Hinkelman says the goal is toretaim iPrint.com’s staff of 10 employees. iPrint.com’s services include production of spotand full-coloe business cards and stationery items, stamps, signs and bannera and a wide variety of custom promotional iPrint.com will complement Harland Clarke’sw Checks in the Mail which offers similar products and services to individuall and business customers, Hinkelman adds.
Nikoletta “Letty” a founding team member and CEO of iPrintfSystems Inc., will continue to run the company from Californiza as vice president and general manager and will repor t to DallAcqua. The iPrint.com acquisition, DallAcqua says, is just one of the ways he look s to fulfillhis mission. “What’s interesting about this company isthat ... it uses a distribution modelp where its production takezs place through suppliers across the countrt in an area closest toits clients. This helpsa them get the producyt to the market faster ... and is less capital involved,” DallAcqua says. He adds that Harlanc Clarke willcompare iPrint.
com’s business model with Harland’zs current distribution system and see which mode createxs greater growth and profit potential. DallAcqua says the compang may decide to convertto iPrint.com’ distribution system or decide to emplo y its system and Harlansd Clarke’s existing system DallAcqua says Harland Clarke decided to focus on expansionm in its other business areas in an effort to furthert diversify its portfolio. He says the company’s niche as a providee of checkand check-related products is facing pressurr due to the growth of online bill-paying “The trend is for more people to do more onlin banking.
For this reason, we are interested in diversifying other areaws ofthe (company),” he says. DallAcqu says the company will also explorre optionsfor cross-selling productds and fostering the continued organic growth of Harlanx Clarke’s marketing services, direct-to-consumer and direct-to-business divisions. Harland Clarke Corp. provides integrated payment solutions, marketinfg services and technology solutions. It serves approximately 15,000o financial institutions, major investmenft firms, business-to-business clients, small businesses and individual DallAcqua has over three decades of experience in marketing andoperationw — key areas of growth for Harlan Clarke.
Prior to joining Harland DallAcqua served as president and CEOof Sarasota, Fla.-basede direct-marketing services company Protocol Integratee Direct Marketing. DallAcqua also serveds as previously as senior vice presidenr and corporate officer for locallybased direct-marketing company In a preparedf statement, Chuck Dawson, president and CEO of Harlandr Clarke Holdings Corp., said this level of experienc makes DallAcqua valuable to the company. “Charles DallAcqua joins our executive leadership team with nearly three decadesd of experience in successfully growing companies that servde thedirect consumer...
,” Dawson Harland Clarke employsapproximately 5,500 peoplde — 1,500 of which are located in San Antonilo and New Braunfels. It also has manufacturing and contact centefrfacilities nationwide. It is a wholly ownee subsidiaryof Decatur, Ga.-baserd Harland Clarke Holdings Corp.