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Cartridge World Announces Additional Expansion into South America

December 7, 2007 - Emeryville, CA – Cartridge World, the world’s fastest growing ink cartridge refill franchise concept, has announced its additional expansion plans for South America. The company has announced that it has awarded the Master franchise rights to Argentina, Uruguay and Paraguay to Diego Albanell.

With years of successful experience in commercial and financial operational strategies and logistics Albanell joins the Cartridge World team with a wealth of knowledge and experience to service and support future franchisees.

By the end of 2008 the company plans for two Cartridge World locations in Uruguay, three in Argentina and one in Paraguay. By the end of 2012, five stores are planned for Uruguay, more than 25 in Argentina and three locations in Paraguay.

“I believe Cartridge World will be a success in this region because consumers and businesses are willing to find an excellent quality ink and toner option at an affordable price,” said Albanell. “Our service will educate consumers on ways to save money and help the environment.”

Cartridge World, which opened its first franchise location in Adelaide, Australia in 1997, is the first retail cartridge refilling concept to take on manufacturing giants such as HP, Lexmark and Canon while offering cost-saving solutions for consumers and businesses on the traditionally inflated costs of printer and toner cartridges.

“With 1,600 stores across 63 countries, it is clear that consumers and businesses have an appreciation for alternatives to expensive ink and toner cartridges,” said Burt Yarkin, CEO of Cartridge World. “Having grown to 700 stores in three years, the quick success of Cartridge World throughout the United States proves that the company is ready to expand further into the South American markets. We’re thrilled to have Diego on our team.”

Cartridge World refills empty ink and toner cartridges for inkjet printers, laser printers, fax machines and photocopiers with top quality, brand-specific ink and toner and at the same time offers consumers and businesses up to a 50 percent savings, a money back service guarantee and helps the environment by keeping used cartridges out of landfills.

“Cartridge World is an example of a perfect retail model that is able to cross cultures,” Yarkin added. “There are billions of printers and office equipment around the world—all will eventually need replacement ink and toner. We offer entrepreneurs a proven business model that has international brand awareness. For consumers and businesses, Cartridge World offers a safe, less expensive option for their increasing ink and toner needs.”

Cartridge World has expanded into the countries of India, China, the Philippines, Vietnam, Malaysia and the Caribbean. The company is also seeking Master Franchisees throughout South America and various countries in Asia and Europe. .

About Cartridge World

Emeryville, CA-based Cartridge World is the world’s fastest growing ink refilling retailer in the $80 billion printer cartridge industry. The company refills empty ink cartridges and remanufactures empty toner cartridges for inkjet printers, laser printers, fax machines, and photocopiers with top quality, brand-specific ink and toners; it offers consumers and businesses a more affordable option to buying new, provides a 100% satisfaction money-back guarantee and helps the environment by keeping cartridges out of landfills. Voted #1 in the category of toner replacement services by Entrepreneur Magazine Franchisee 500, Cartridge World has 1,600 franchised retail locations in 63 countries. Cartridge World North America was founded in 2003. There are currently 700 locations open in the United States. For more information call (888) 99-REFILL or visit www.cartridgeworldusa.com.

 

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