RACAD Tech, Inc. a leading provider of Internet

based solutions, announced today that it has signed an OEM license agreement

with Gravent S.A, the largest distributor of paper in South America, to

distribute the GoPrint2 print driver in Argentina to the graphic and print

market.

    "This license agreement further demonstrates the need by OEMs to offer

value-added web-based solutions to their customer-base that will make their

clients more efficient and profitable in their print and graphics businesses,"

said Reuben Ben Quesus, President and CEO of RACAD Tech Inc. "This is the 2nd

distribution license agreements that RACAD has signed in the South American

market. It is our goal to establish the GoPrint2 print driver as an industry

standard in the print and graphics marketplace world wide."

    "The GoPrint2 print driver is a tool that will help our client base

maintain customer loyalty and give them a competitive edge in this competitive

marketplace by placing their custom branded print driver on their customers'

computers and facilitating the print ordering and proofing process.

Additionally, offering this web-based solution to our clients gives our

commodity-based business a competitive edge and value-added service that will

keep our business steps ahead of our competition," said Guillermo Leonson,

President of Gravent S.A.

    The GoPrint2 print driver is currently available in English and Spanish,

and is available at www.goprint2.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.

 

[Source:CNW GROUP]