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$100 Trade-In Rebate On Addmaster's IJ6000 Printer.


Business Editors & Technical Writers

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MONROVIA, Calif.--(BUSINESS WIRE)--March 1, 2001

Only one month left to trade in impact printers for rebate

The $100 rebate program being offered by Addmaster Corp. on the trade-in of an impact printer for the purchase of a new IJ6000 printer is available only until March 31, 2001.

Addmaster, a worldwide manufacturer of inkjet receipt and validation printers for the financial industry, believes financial institutions will want to upgrade to the new product because of its superior output and minimal resource consumption. Its price and performance make it very competitive with impact printers.

The rebate is being offered to customers who trade in their current dot matrix impact printer(s). To qualify for the rebate, a customer needs to place an order for the IJ6000 by March 31 with delivery prior to April 30, 2001.

Addmaster's IJ6000 uses Hewlett-Packard's new C6602A print cartridge which eliminates faded receipts, increases the printer's speed and efficiency while improving optical density. The IJ6000 has the smallest footprint in the industry at only 6.5" wide and lowers consumable costs up to 80 percent. The printer also uses 90 percent less power than a comparable impact dot matrix printer A printer that uses hammers and a ribbon to form images out of dots. It is widely used to print multipart forms and address labels. Also known as a "serial dot matrix printer," the tractor and sprocket mechanism in these devices handles thicker media better than laser and inkjet printers. .

Vice President of Addmaster Hugh Clary clary: see sage.  said, "We introduced this rebate in December 2000 and thus far we have accepted more than 1,000 orders. We developed this program to show our customers and prospects that the IJ6000 is the best receipt printer of its kind on the market. It is faster, quieter and more reliable than a dot matrix. We believe $100 is a substantial incentive to upgrade to a better technology for issuing bank Issuing bank

Bank that issues a letter of credit.
 receipts."

About Addmaster

Addmaster, founded in 1962 and headquartered in Monrovia, California Monrovia is a city located in the foothills of the San Gabriel Mountains in the San Gabriel Valley of Los Angeles County, California, United States. The population was 36,929 at the 2000 census. , is one the industry's largest manufacturers of teller receipt and validation printers used primarily for the banking industry. Addmaster customers include some of America's largest banks such as Wells Fargo Wells Fargo

armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147]

See : Protectiveness


Wells Fargo

company that handled express service to western states; often robbed. [Am. Hist.
, Bank One, First Union and Regions Bank. In addition to banks, Addmaster printers can be found in the retail, utility and government realms. The company also produces inkjet print mechanisms, MICR (Magnetic Ink Character Recognition) The machine recognition of numeric data printed with magnetically charged ink. It is used on bank checks and deposit slips. MICR readers detect the characters and convert them into digital data.  readers and decoder boards, and digital control boards.

For more information on Addmaster, contact Hugh Clary at 626.358.2395, extension 225 or write 225 East Huntington Drive Huntington Drive is a major east-west street in Southern California, United States. It runs from Mission Road near the Lincoln Park neighborhood of Los Angeles east through the El Sereno section of Los Angeles, South Pasadena, San Marino, Arcadia, Monrovia, ending in Duarte. , Monrovia, CA 91016. For more information on the IJ6000 and other Addmaster products, visit its Web site at www.addmaster.com.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 1, 2001
Words:442
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