With special thanks to our loyal customers, their proactive ability to search out and win orders and the hard work and dedication of my team, Eagle is pleased to share its Q1 2010 result.
January started out fairly stable, nothing out of the ordinary, but February and March exceeded our wildest expectations. Our group sales for the quarter increased by 22% when compared to Q1 2009 and our carry over of backlog, plus our healthy pipeline paves the way for an equally successful Q2. Eagle is flying higher than pre-recession results.
I am equally delighted to share that our international sales increased by over 100%, contributed in part by a weaker pound, but more so because Plus-Ribbon sales keep rising as awareness increases globally. Plus-Ribbon is now selling in over 55 countries and interest from the APAC region certainly keeps us excited for our first time exhibit at the Cards Asia show in Singapore later this month.
Eagle also welcomes 24 new resellers and is very pleased to announce that our Evolis sales rose by 32% and Eagle’s overall ID Card Printer sales rose by a healthy 25% (Evolis, Magicard, Fargo & Datacard).
The only brand in our mix to actually decline is Zebra/Javelin and our internal analysis by printer orders/by reseller identifies a change in brand purchase rather than sales migration. Could this possibly be due to reliability factors of certain models and/or the uncertainty now witnessed within the Zebra reseller family by their recent changes in partner status and increasing number of direct partners globally?
It has been suggested that increased competition can either stimulate higher sales when supported by extreme marketing campaigns, or reduce sales as previously loyal brand resellers select alternative / less competing brands to promote in a bid to protect future consumable sales (less competition). I think if there is any accuracy in these considerations, Value Added Resellers will always prefer to differentiate from the crowd when promoting products and services. Only the manufacturer will know for certain if their strategy is working. Share your views and thoughts and add a comment.
As mentioned already, Eagle is very excited to exhibit Plus-Ribbon, Plus-Card and Plus-Clean at Cards Asia in April, and also in May at IfSec 2010 where we normally exhibit every 2 years, I can hardly believe it’s that time again.
Our ePoints for iPads promotion is well underway and appears to mirror Apples own successful new product launch. Already thousands of points banked by many of our customers ready for when Apple release the iPad outside the US…. I think it is only a matter of days now.
From everyone at Eagle, thank you for continuing to secure our future and we look forward to serving your profitable needs through Q2 and beyond.
Best regards
Chris Rayner
Founder
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************************************************************* Plus-Ribbon is compatible with Datacard, Zebra (formally Eltron), Javelin, Polaroid, DIS EDISecure, Matica, Evolis, Fargo and Magicard printers. Plus-Ribbon is a range of high quality ribbon compatibles suitable for new and old card printers whether using RFID ribbon recognition or not. *************************************************************
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| Eagle Technologies Ltd is an international wholesaler and manufacturer of Card ID Printers/Systems, consumables, plastic cards and general badge accessories. Eagle Technologies Ltd is located in the UK, Europe and USA and specialise in providing superior product and support via value add resellers, system integrators and ID Agents.
Eagle Technologies Ltd is an international wholesaler and manufacturer of Card ID Printers/Systems, consumables, plastic cards and general badge accessories. Eagle Technologies Ltd is located in the UK, Europe and USA © 2010 Eagle Technologies Ltd. All rights reserved. Eagle Technologies Ltd reserves the right to make changes at any time without notice. All other names and trademarks are the property of their respective owners. Eagle Technologies Ltd assumes no responsibility or liability for any errors or inaccuracies that may appear in this documentation.
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