Addmaster Announces Shipment of 100,000th Receipt Validation Printer.

Teller receipt and validation printer manufacturer reaches milestone with IJ6080 model

MONROVIA, Calif. -- Addmaster Corporation, a longstanding supplier of specialized peripheral devices for the banking industry and leading manufacturer of teller receipt and validation printers for some of the nation's most prominent financial institutions, announced shipment of its 100,000th IJ6080 receipt validation printer.

First introduced in 2000, the IJ6080 was Addmaster's first bank printer to use the Hewlett Packard (HP) C6602a cartridge, an improved version of HP's Thinkjet technology used in the company's earlier products. The IJ6080 features a variety of user-configurable print modes that can be accessed without software modification and is one of the smallest receipt validation printers on the market. In all, Addmaster has shipped more than 300,000 printers worldwide since 1990.

"This milestone is a true testament to the value of Addmaster products - especially the IJ6080," said Hugh Clary, vice president of Addmaster. "Since first introducing this product less than ten years ago, it has become one of the company's best-selling inkjet receipt validation printers largely because of its quiet operation, counter-space saving design and outstanding print quality."

This announcement follows the company's recently announced 33 percent increase in unit volume sales of financial peripherals including receipt and validation printers, check scanners, and MICR readers, for 2008 over 2007. The IJ6080 is being replaced by the IJ7000 series, though it is still available through the end of this year.

"We are ramping up our marketing efforts to bring the IJ7000 product line to the attention of prospective customers," said Clary. "This new product offers a significant breakthrough in terms of receipt quality, transaction throughput, and overall performance. This month, we have already started shipping the IJ7100, and we plan to begin shipping the IJ7200 very soon as well."

Addmaster has installed more than 300,000 peripheral devices in banks and financial institutions across the U.S.

About Addmaster

Addmaster, founded in 1962 and headquartered in Monrovia, Calif., is one of the industry's largest manufacturers of teller receipt and validation printers used primarily in the banking industry. Addmaster customers include some of America's most prominent financial institutions, including several top tier banks. In addition to banks and credit unions, Addmaster printers can be found in the retail, utility and government realms. The company also produces Inkjet print mechanisms, MICR readers and decoder boards, and digital control boards. For more information on Addmaster, contact Hugh Clary, vice president at [phone], extension 225 or visit the company's Web site at www.addmaster.com.