Founder Technology Group Corp., a subsidiary of Founder Group, has established a strategic partnership with Dutch Oce to provide advanced technologies for Oce's printing products, Monday's China Securities Journal reports.

 

The Chinese company will take advantage of Oce's worldwide distribution network to provide key components, such as its self-developed Routing Information Protocol (RIP) kernel for Oce's Prisma global system, a major printing software package, and Oce's CPS900 printer range.

 

Analysts say the partnership will give Founder the opportunity to promote its digital printing software system solutions globally and will strengthen Oce's position in the rapidly growing Chinese digital printing market.

 

The two companies started cooperation in 2005 when Founder Electronics, a wholly owned subsidiary of a publicly listed company under Founder Group, signed an agency agreement with Oce.

 

Founder's digital printing business has witnessed significant expansion over the past few years. The company currently owns more than 200 EasiPrint stores in China and plans to open more than 800 new stores in the coming five years.

 

Founder Group, with more than 20,000 employees worldwide, is a leading provider of advanced information technology, software products, business solutions, and other value-added services in China. Its strategic partner Oce, is the No. 1 producer of printing equipments in Europe and distributes them in more than 80 countries.

 

(Xinhua News Agency March 13, 2007)