Addmaster Forms Alliance with HP --Addmaster debuts IJ6000 at Retail Systems Conference-.Business Editors Retail Systems Conf. Booth No. 242 NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com CHICAGO--(BUSINESS WIRE)--April 17, 2000 Addmaster, Corp., a worldwide manufacturer of inkjet receipt and validation printers, announced a strategic alliance with Hewlett-Packard Company. The result of this alliance is the collaborative development of several new products created by Addmaster, which incorporate HP's award-winning inkjet technology. The first of these products, the Addmaster IJ6000, uses the new HP C6602A inkjet print cartridge that features a printing speed that is twice as fast as HP cartridges used in previous Addmaster models. The cartridge also boasts a greater ink capacity, which reduces consumable costs consumable cost Administration Those necessary expenses borne by the lab or other hospital service which includes reagents, disposables, and other supplies, as well as maintenance and lease contracts. See Disposables. for customers by more than 80 percent. A product demo of the IJ6000 can be seen at the Retail Systems Conference in Chicago, beginning April 17, 2000. Hugh Clary clary: see sage. , Vice President of Addmaster, Corp. said, "The IJ6000 is just the first of what we hope will be a long line of truly revolutionary Addmaster products. The sharing of ideas and technology, which HP promotes with its partners, will help us further our commitment to providing the most advanced inkjet receipt and validation printers for our customers-there are some really exciting products on the horizon for the retail industry." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Addmaster, the IJ6000's price and performance make it very competitive over thermal and impact technology. The company feels that customers will be attracted to the new product because it has the superior output and reliability of inkjet with a value proposition that makes it an attractive alternative. "We seek alliances based on our confidence that, together, we will be able to deliver value that is even more compelling. HP is happy to work with companies such as Addmaster to provide the transaction-printing market with the most innovative and reliable products," said Gavin Zau, business development manager for HP's Specialty Printing Systems Operation. The IJ6000 will be available for sale in June 2000. More information on the IJ6000 can be viewed on Addmaster's Web site at www.addmaster.com/banking/ and information on the HP C6602A can be viewed on HP's Specialty Printing Systems Operation Web site at www.hp.com/oeminkjet. About HP's Specialty Printing Systems Operation HP's Specialty Printing Systems (SPS (Standby Power System) A UPS system that switches to battery backup upon detection of power failure. See UPS. SPS - Symbolic Programming System. Assembly language for IBM 1620. ) Operation was formed to license and apply HP inkjet technology to markets not currently addressed by HP. Dramatic advances in HP's thermal inkjet technology now provide opportunities for companies to apply this technology to a wide range of printing applications. Historically, HP's focus in the printing market has been on desktops, but now the company is branding technology and designing components for new markets and such complementary applications as facsimile machines, large-format sign printers, point-of-sale transaction printers, automatic teller machines See ATM. and mail-printing machines. Information about HP's SPS Operation is available on the Web at www.hp.com/oeminkjet. 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. 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 A hardware device or software that converts coded data back into its original form. See decode and MPEG 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. Visit the company's Internet site at www.addmasterinkjet.com. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.041700/bb3 |
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