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Contex Buys IDEAL Scanners Distribution Division

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ROCKVILLE, MD, July 3, 2008 - IDEAL announced today that its Scanners Distribution Division has been acquired by Contex. IDEAL has consistently been Contex's largest US-based distributor of wide-format scanning and imaging solutions, since 1988. This acquisition is designed to provide stronger and more direct support to IDEAL's large format scanning business partners, distributors and dealers. Additionally, consolidation of the Scanners Distribution Division with Contex enables IDEAL to focus on growth and customer service in their other offerings: IDEAL PlanRooms, IDEAL Software Solutions and IDEAL Scanning and 3D Printing Services.

"This acquisition has been timed to coincide with growth in our other products," says Jay Magenheim, President of IDEAL. "Demand for online plan rooms and other online document management services is increasing, as is demand for 3D printing services and scanning services. We are expanding our software development efforts, re-vamping and re-vitalizing our scanning and 3D printing services, and looking forward to expanding into new market areas."

"We are very excited to continue our presence in the large-format scanning marketplace with Contex, We're confident that the combined strengths, service expertise and talent of our two companies will deliver a positive experience for distributors, dealers and end-customers alike," says Phil Magenheim, President and COO, Contex Americas, and co-founder of IDEAL.

With increased focus on development and services, IDEAL plans to continue their large-format focus, and, in addition to explore other markets and other solutions that are in keeping with their core corporate values and mission.

About Contex

As the world's largest developer and producer of large format imaging solutions, Contex leads the market with innovative technology and advanced scan and copy software applications. Sold worldwide in over 80 countries, Contex solutions are recognized in a wide range of industries for reliability, value, high performance, and superb image quality.

For more information, please visit www.contex.com.

About IDEAL

IDEAL.com Large Format Imaging Solutions develops, markets, and supports a wide range of large format scanning, printing, indexing, archiving, converting and editing solutions designed for the AEC, GIS and Reprographics and other markets. IDEAL's MyArchiveCenter.com offers customers a secure, web-based centralized location to archive scanned drawings. IDEALplanroom.net offers secure construction collaboration and bid management. IDEAL Reprographics Services provides large format scanning, printing and conversion services for a wide range of customers, as well as 3D printing services for architectural, GIS and manufacturing clients.

For more information on IDEAL products/services, visit the IDEAL website at www.ideal.com.

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Related News

Jul 3 - Contex Buys IDEAL Scanners Distribution Division
Jun 2 - IDEAL Introduces Contex SD Scanners
May 13 - Ideal to Sell CSoft WiseImage v11 for AutoCAD, Windows
May 6 - IDEAL Wins Contex Distributor Award
Apr 14 - IDEAL Opens 2nd Office in Rockville, MD
Apr 10 - IDEAL Introduces Contex HD Scanners

Source: Material used in press releases is often supplied by external sources and used as is.

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