David Neely

Precept quietly strengthens its hold on the No. 1 position By Laura D'Alessandro Dallas-based Precept has been keeping a low profile in recent years, but that doesn't mean the Goliath of distributors hasn't been keeping busy. The company has maintained its No. 1 position on the Business Forms, Labels & Systems Top 200 Distributors list since 1993, topping the charts with $159.3 million in sales in 1997. It has continued to expand its depth of services through a number of strategic acquisitions. And in March, the company achieved a monumental step in the next stage of its development, going public. Precept can be found on the Nasdaq under the