OAKLAND, CA - June 29, 2004 - Go2Paper (www.go2paper.com) a leading provider of e-business tools and services for the global paper industry, announced today that The Home Depot has selected Go2Paper's PaperManager to manage their paper orders via their online solution at www.papermanager.com. The PaperManager technology allows publishers, catalogers and retailers to manage their paper orders and inventory with their paper suppliers and printers.
Go2Paper's PaperManager allows multiple users such as an end-user, their suppliers and printers to collaborate online, keeping each party in the supply chain informed and updated with the paper order information. Plus, with complete XML capability, paper users can download their orders directly into their accounting systems. The service keeps track of paper inventory from the pounds ordered and received at the printer, to the consumption and remaining inventory, which can be used for future print jobs.
Mike Conran, Go2Paper CEO, said, "We are very excited to have The Home Depot as a customer. Their paper requirements are very demanding, requiring a very organized and flexible solution, so we're proud that they've selected our technology. He added, "We will continue to build upon our solution to meet the growing demands of the paper industry as customers such as Home Depot expect that out of their partners."
The Home Depot, which publishes newspaper inserts and catalogs for their 1,728 stores, works with various paper suppliers and printers throughout the US. Says Kevin Holt, Home Depot Regional Director of Advertising, "With the large amount and complexity of our paper orders, we needed a solution that would allow us to manage all of them with our selected vendors. The PaperManager provides that solution."
The service is being offered to Retailers, Catalogers, and Magazine Publishers on a monthly subscription without any up front fees or integration costs so customers can start using it immediately.
Go2Paper is a technology company providing technologies for the paper industry, including the Paper Marketplace, an online source to buy/sell excess paper, the Private Web, the PaperManager, and Professional Services.
The Home Depot
Founded in 1978, The Home Depot is the world's largest home improvement specialty retailer and the second largest retailer in the United States, with fiscal 2003 sales of $64.8 billion. The company employs approximately 300,000 associates and has 1,728 stores in 50 states, the District of Columbia, Puerto Rico, eight Canadian provinces and Mexico. Its stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones Industrial Average and Standard & Poor's 500 Index.