Magjak Printing Company 2001 Recap

New York -- February 01, 2002 -- Magjak had another successful year in 2001. Total sales rose by 20% and new and expanded digital printing services were introduced to our clients - helping them increase awareness and readership of their marketing collateral. We want to give all of our customers a big hug and kiss for putting their trust in us and for partnering with us to help them with their marketing, printing, document publishing and mailing challenges.

New Faces
We would like to welcome Justin Bohan, Account Manager, who was formerly with Rapp Collins in NYC. His experience is in production and account management. We welcome his enthusiasm, energy and experience. Nice to have you, Justin!

What's Ahead?
Calendar year 2002 will definitely be more challenging for us all. Nonetheless, we are very optimistic about the long-term picture. There is tremendous opportunity for us to bring an even wider array of value-added services to the table in the "new world" that we're in; services that will help our accounts save money, gain market share through more creative printed material, and hold onto their customers through communication tactics that their competitors will never be able to touch. Simultaneously, we'll be showing our clients how they can 'do more with less' marketing dollars.

Wrap-Up
All in all, we're very optimistic about the way the business world will be communicating and the opportunities that will continue to present themselves. If we had to generalize, we believe that the world will be on a much more intimate level when the dust settles. It will be a place where communication will be more personal and relevant. We have the knowledge base and resources to demonstrate how we can help customers communicate on this new level with printed communication that is exponentially more effective than "putting ink on paper".

-Bruce Browning, President