
Inktec Zone America Opens Flagship Store: Company
to Offer Environmentally Friendly, Low Cost Refills for Ink and Toner
Cartridges
New Central Square, Cambridge location will also serve
as InkTec Zone’s base for franchising across the U.S.
Cambridge, MA, March 24, 2005 – An astounding one
million inkjet cartridges are thrown
away every day, adding 60,000 tons of empty ink jet cartridges to landfills
each year. InkTec
Zone America Corp. hopes to reduce that number as it celebrates the grand
opening of its
flagship store in Cambridge, MA today. Located in Central Square, InkTec
Zone will offer
refilled and remanufactured printer cartridges for leading printer brands,
at savings up to
50%.
The honorable Michael A. Sullivan, Mayor of Cambridge,
will preside over a formal ribbon
cutting ceremony to mark the occasion at InkTec Zone’s Massachusetts
Avenue location.
The ceremony will be held in conjunction with the Cambridge Chamber of
Commerce.
“InkTec gives businesses and consumers in the metropolitan
area an alternative to costly
printer cartridges. We provide a high quality and environmentally friendly
alternative - with
significant price savings,” said InkTec Zone America CEO and President
Bill McKenney.
InkTec Zone America Corp. was jointly founded by McKenney
and InkTec Co., Ltd., a
publicly traded Korean company with a long history in the ink and toner
market. The concept
of refilling ink and toner cartridges has already been proven through
our efforts in Asia,”
explained CS Choi, Senior Director of InkTec Co. “Now we can offer
U.S. consumers this
cheaper and more environmentally friendly alternative.”
The U.S. market for ink and toner is
large - $4.15 billion in 2003 (Source: The NPD Group), but largely untapped.
InkTec Zone is launching its franchise development program
simultaneously with the
opening of the flagship store. Led by Alfred Naddaff, this program looks
to build InkTec Zone
stores throughout the U.S. Potential franchisees from Rhode Island, Florida,
Texas, Virginia
and Maryland have expressed interest even before the program was fully
launched.
About InkTec Zone America Corp.
InkTec Zone America Corp. provides an environmentally friendly and low
cost refill solution
for ink and toner cartridges. InkTec Zone’s flagship store, located
in Cambridge,
Massachusetts, opened in March 2005 and also serves as the base for InkTec
Zone’s
franchising operation. Through franchising, InkTec Zone expects to aggressively
expand its
presence with retail storefronts across New England and throughout the
U.S.
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Contact:
Alexandra Ramin
Marketing Director
617-497-1200 x 16
aramin@inkteczone.us |