2008 Executive Forecast

To serve our existing MV Outsert customers and assist with new sales and distribution, Vijuk has employed Dr. Bernfried Moosmann as vice president, international operations, based in Leonberg, Germany.

In the future, we must be concerned with the global market, as well as the U.S. market. Future growth will be accomplished by expanding our territory—which is now the world.

Bob Maggio, President, Maggio Data Systems

We are optimistic that with careful planning and working closely with our distributors, our growth will continue. The principal concerns are continued consolidation and the march of technology. This can be a threat or [create] new areas of growth if we are prepared. We will continue to be open to acquiring companies that complement Maggio and offer new opportunities we can bring to our distributors.

We will focus on growing market share and identifying the products, market segments and niches where we can continue to grow. For example, direct mail continues to grow as do other transactional applications that expand opportunities for roll production and color printing requiring dryers. Transpromo communications, where advertising messages are added to transactional documents, will expand this market.

Maggio will celebrate 30 years in business next year. We continue as a “family” business dedicated to serving distributors exclusively. Thanks to our distributors, we have continued to grow the business in spite of downturns in the economy and a general weakness in forms.