Gray & Creech, Inc. Acquires Precise Business Solutions

Raleigh, NC, May 17, 2009 --(PR.com)-- Lee Hortman, vice president of operations at Gray & Creech, Inc. (www.grayandcreech.com), has announced that the company has acquired Precise Business Solutions, a copier dealer, located at 609 Industrial Ave., Ste. A in Greensboro, N.C. to be operated under Gray & Creech Office Systems. Gray & Creech was the largest copier dealer in North Carolina prior to being sold to IKON Office Solutions in 1994. Gray & Creech, Inc. also owns Gray & Creech Water Systems, the largest company in the Triangle supplying state-of-the-art office drinking water purification systems to North Carolina businesses.

“Gray & Creech, Inc. is pleased to announce the acquisition of Precise Business Solutions,” said Hortman. “We look forward to the integration and growth of the company as a whole.”

About Gray & Creech Water Systems, Inc.:
Originally founded in 1922 as an office duplicator distributor, Gray & Creech Water Systems, Inc. is now the largest company in the Triangle supplying state-of-the-art office drinking water purification systems to North Carolina businesses. The company uses a unique point-of-use technology that refines regular tap water to provide consistent, high-quality drinking water that is free from contaminants and odor. Gray & Creech water systems are highly renowned for providing businesses with significant cost savings over traditional bottled water solutions, typically offering companies cost savings of 50 to 65 percent. In addition to meeting the drinking water needs of businesses, Gray & Creech also provides the most advanced office coffee systems available, featuring revolutionary conveniences and coffee of exceptional quality. For more information, visit www.grayandcreech.com.

Patty Briguglio
MMI Associates, Inc.
(919) 233-6600
patty@mmimarketing.com

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