|Research Indicates Purchasers Don’t Always ‘Chews Wisely’|
GBC® ShredMaster® 3000-7000 Series Shredders Solve Power and Capability Issues
Lincolnshire, IL, February, 2008 — GBC, a market leader, has been studying the purchasing decisions by businesses in the market for a new shredder. According to a recent survey, virtually two thirds of businesses and organizations (78%) replace their shredders within three years of the purchase date. GBC concluded that poor buying choices, namely those based on price alone and inadequately designed products have led to equipment turnover and increased dissatisfaction in product performance among users.
Among print providers, the driving force behind recent shredder purchases is to offer heightened security and privacy to their customers. Over-runs and misprints should be shredded rather than thrown away to protect customers' confidentiality. Printers can't afford to loose valuable customer information pertaining to business or personal identity theft from increasing “dumpster-diving.”
The GBC study found that most respondents ‘under-bought' by purchasing lower capacity, under-powered shredders incapable of handling their document shredding needs.
Survey results indicated that more than one-third of users (37%) felt that their current shredder did not handle enough pages at one time. “After reviewing the research results, GBC noted that one of the biggest problems was that the product itself did not have the power or the capacity to handle the volume,” said Kellie Glueck, Director of Global Brand Marketing for the GBC brand. “In other words, buyers purchased a shredder that created more problems than it solved.”
In response to these user demands, GBC markets the robust ShredMaster® 3000-7000 series shredders to both print professionals and office users. Models in this series have sheet capacities ranging up to 47 pages. Other than paper, material shredding capabilities include staples, paper clips, credit cards and CDs/DVDs. Users can select from 11 different ShredMaster models built for department, multi-department or large capacity/production facilities. With proper disposal of internal documents and customer information, both shredder users and print customers can rest assured that privacy and security needs are met.
About GBC and ACCO Brands Corporation (NYSE:ABD)
ACCO Brands Corporation is a world leader in select categories of branded office products, with annual revenues of nearly $2 billion. Its industry-leading brands include Day-Timer®, Swingline®, Kensington®, Quartet®, GBC®, Rexel, NOBO, and Wilson Jones®, among others. Under the GBC brand, the company is also a leader in the professional print finishing market.
Contact: Jim Beach