Relyco Grows Customer Base in First Quarter of 2012 by Adding More than 650 New Customers

Relyco, a value-added business printing and payment solutions company from Dover, N.H., announced the completion of a successful 2012 first quarter in which the company grew its customer base with the addition of more than 650 new customers. With the introduction of the Paymode-X ePayment Network, a partnership with Ricoh Canada, and the hiring of a new vice president of ePayment solutions, Relyco continued to experience significant growth while establishing itself as an industry leader in business printing and payment solutions.

Building upon its dedication to customer service and the continued rollout of innovative substrate products and payment solutions that customers are demanding, Relyco continues to grow quarter over quarter. In Q1 2012, 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 Amtrak, Discovery Cove Orlando, Hershey Entertainment and Resorts, Kraft Foods Inc., Pac-12 Conference, and many federal government agencies.

"I'd like to congratulate the entire Relyco team on a great first quarter as everyone stepped up to contribute to our successful start to 2012," said Mike Steinberg, president of Relyco. "One of the most exciting developments in the first quarter was the launch of our Paymode-X ePayment Network. Many of our customers are now investigating how to streamline their accounts payable operations by transitioning from paper-based check payments to more efficient ePayment solutions. With Paymode-X, we are now offering an easy and affordable cloud-based solution that eliminates the implementation barriers associated with other ACH payment solutions—enabling users to be up-and-running in just a matter of weeks."

For more information, visit www.relyco.com.