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Liberty to Acquire Technotape USA

SAN CLEMENTE, Calif., November 5, 2009 - Liberty announced announced it has entered into an agreement to acquire Technotape USA, expected to close November 5th.

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Mike Pearson
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949-361-1100 
mpearson@libertyphoto.com


FOR IMMEDIATE RELEASE

Liberty to Acquire Technotape USA

Synergistic Acquisition Further Strengthens Commitment to the Imaging Industry


SAN CLEMENTE, Calif., November 5, 2009 – Liberty Synergistics, Inc., the premier source for the development and distribution of lifestyle photo products (photo gifting), lab consumables, custom lab solutions, equipment, replacement parts, and professional photography equipment, in North America, announced it has entered into an agreement to acquire Technotape USA, expected to close November 5th.

“We see this acquisition as an opportunity to leverage our combined purchasing volumes to deliver unmatched value to our customers while continuing Liberty’s leadership position and commitment to the imaging industry”, said Garry Green, President and COO of Liberty. “Liberty is committed to supply products for traditional film processing and minilabs while positioning the company to lead in a new era of image processing and lifestyle product creation.”

Current customers will not experience any interruption in service during this transition as Liberty has and will continue to work diligently to consolidate systems, inventory and part numbers.

About Liberty
Founded in 1984, Liberty (an ISO 9001:2000 certified company), is the market leader in lifestyle fulfillment (photo gifts), the development and distribution of equipment, replacement parts, and consumables for the photographic imaging industry. The company services a broad range of labs including professional, commercial, wholesale, online fulfillment, specialty photo retail, regional and national drug, grocery, and mass retailers and professional photographers. Servicing more than 33,000 end-user locations with an advanced logistics and sourcing platform, Liberty supplies more than 8,000 products including; minilab replacement parts and consumables, wide format printers, ink and media, custom printed CD’s / DVD’s / flash memory, kiosks, software, lifestyle photo products (photo gifting supplies), and more. For more information go to http://www.libertysynergistcs.com or call (949) 361-1100.

About Technotape USA
Over the past 25 years, Technotape has been well known to photo industry insiders as the company that produced quality consumable products that were essential to operate minilab and central labs. Over this period of time Technotape has been a leading supplier to regional and national retail chain photofinishers, on-line photofinishers and one-hour labs. With the changes in our industry, Technotape seized the opportunity to reinvent itself and has now become a key supplier of products that range from photo gifting supplies, sublimation ink, heat presses, printers, sublimation blanks, along with a large selection of minilab consumables and preventative maintenance replacement parts.

 
 
 

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