Addmaster Celebrates Sale of 150,000th Inkjet Printer.Business Editors & Technical Writers BAI n. 1. a language spoken in the Dali region of Yunnan. Noun 1. Bai - the Tibeto-Burman language spoken in the Dali region of Yunnan Baic RETAIL DELIVERY CONFERENCE BOOTH No. 2207 NEW ORLEANS--(BUSINESS WIRE)--Nov. 28, 2000 Company reaches significant milestone in inkjet printer A printer that propels droplets of ink directly onto the medium. Today, almost all inkjet printers produce color. Low-end inkjets use three ink colors (cyan, magenta and yellow), but produce a composite black that is often muddy. sales Addmaster Corp., a worldwide manufacturer of inkjet receipt and validation printers for the financial industry, announced the shipment of its 150,000th printer at BAI's Retail Delivery Conference in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded . Jackson Federal Bank, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Jackson National Life Jackson National Life Insurance is a U.S. life assurance company that is a subsidiary of the UK based insurer, Prudential Plc. Founded in 1961, Jackson is headquartered in Lansing, Michigan, and has over a thousand employees in the region. Insurance Company, is the recipient of the company's milestone printer. Jackson Federal Bank is headquartered in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . The financial institution recently acquired Highland Bancorp, Inc., the holding company for Highland Federal Bank. At the time of the merger, Jackson Federal was using impact printers, while the Highland Federal used Addmaster inkjet printers. Jackson Federal's Senior Vice President and Chief Information Officer Maureen Clark said, "There were recurring maintenance issues with our current impact printers. With the growth of our bank, we needed a consistent, reliable solution to implement in our branches. Addmaster's IJ3160 printers had already been proven through use in Highland Federal, and the printers' reliability and quality output made it the attractive alternative for our for other branches." To celebrate this milestone, Addmaster is hosting a reception on Wed., Nov. 29 at the Windsor Court Hotel in New Orleans. The Grill Room, one of the top-ranked restaurants in New Orleans by Zagat and Gourmet Magazine and receiver of the Mobil Five Star award and the AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. Five Diamond Rating, will cater the event. Hugh Clary clary: see sage. , vice president of Addmaster, said, "Every day we find another bank such as Jackson Federal that realizes the overwhelming benefits of inkjet. This trend has helped us reach our 150,000th printer mark and will continue to allow us to succeed in the future." The company's current models have already been implemented in more than 20,000 bank branches and financial institutions. About Addmaster Addmaster, founded in 1962 and headquartered in Monrovia, California, 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 including Wells Fargo, 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, Monrovia, CA 91016. For more information on the IJ3160 and other Addmaster products, visit its Web site at www.addmaster.com. Editors note: Maureen Clark can be reached by calling 909.383.2246 or by emailing maureen.clark@jfsb.com. |
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