Relyco Reports Strong Customer Growth in Second Quarter of 2011

Dover, New Hampshire-based Relyco, a provider of value-added business printing and payment solutions, announced that the company added more than 600 new customers in the second quarter of 2011.

Building upon its reputation as a leading provider and innovator of business printing and payment (print and electronic) solutions, Relyco continues to grow quarter over quarter. In second quarter 2011, Relyco significantly increased its customer base and expanded existing business across all vertical markets for its entire line of products. Some notable new customers included PNC Bank, MetLife, RE/MAX, Landry’s Restaurants, Inc., Marriott, Lockheed Martin, Citibank and many federal government agencies.

“At the beginning of June, we completed a major overhaul of our core business systems which now give us insight into our business that we have never had before. This actionable information is enabling us to streamline processes, tailor our marketing for vertical markets and build upon our strengths,” said Mike Steinberg, president of Relyco. “We had a solid Q2 as we continue to grow our customer base every quarter. We are looking forward to a great second half of the year and we are well positioned to capitalize on a significant growth opportunity.”

Highlights of Relyco’s Second Quarter of 2011:

• Acquired more than 600 new customers

• Won a PEAK (Printing Excellence and Knowledge) Grand Award in the Forms Category by the PSDA (Print Services and Distribution Association) for an innovative form created for the State of New Hampshire Fish and Game Department

• Added new, affordable Relyco MICR printers powered by Samsung

• Completed a major overhaul of its core business systems, including integration between CRM, accounting, and ERP systems, to streamline business processes