CAP Ventures Names Philips as Leading European Fax Manufacturer for 1999.Business/Technology Editors LUTON, U.K.--(BUSINESS WIRE)--June 7, 2000 CAP Ventures announces that Philips remained the leader in the European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. market for faxes, retaining 19% market share in 1999. Brother took second place with 16% and third place to Sharp with 9% market share. CAP Ventures' Converging con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. Digital Peripheral (CDP CDP (cytidine diphosphate): see cytosine. (1) (Certificate in Data Processing) An earlier award for the successful completion of an examination in hardware, software, systems analysis, programming, management and accounting, ) Service estimates that the combined total of facsimile placements in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). in 1999 - including all segments and all technologies - was 4,518,592. That represents a growth of 15% over 1998 unit placements. "The fax market is alive and kicking alive and vigorously active. See also: kicking , as low prices brought new and repeat buyers back to the market. This dynamic was instigated by the thermal transfer See thermal wax transfer printer and direct thermal printer. products offered by Philips, Brother and Sharp," said Catherine Charlery, Director for CAP Ventures, Ltd. CAP Ventures report, "1999 Western Europe Facsimile Machine Market Overview", reviews in detail an analysis of the market size by converging hardware segment, functionality and technology. In addition, most recent market shares of the larger fax vendors in Western Europe in 1999 are provided. Philips' products take the lead with 24% in both the single function and personal fax segments in Western Europe and also leads the thermal transfer and direct thermal segments. In the single function market in 1999 Brother followed Philips with 15% and Sharp with 10%. Philips remains leader in the personal fax segment. This gain is largely due to the success of their thermal transfer models sold through the retail channel. "We are very much delighted to see the confidence the customers have in our products confirmed by CAP Ventures. It is very much encouraging seeing the result of our hard work reflected in this way," said Paul Sandberg, General Manager of the Fax unit of Philips Consumer Communications Philips Consumer Communications, L.P. was a $2.5 billion joint venture of Lucent Technologies and Royal Philips Electronics formed on October 7, 1997. Philips owned 60% of the joint venture, with Lucent owning the other 40%. . "Fax remains a convenient, reliable and inexpensive communication medium. If nothing else, 1999 should show us that despite widespread use of e-mail and the advent of IP fax, we are far from ready to give up our fax machines," explained Catherine Charlery. CAP Ventures CAP Ventures is a strategic consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a for providers and users of business communication technologies and services. We deliver the key research, analysis, forecasting, benchmarking, counsel, marketing education and implementation to both leverage industry opportunities and make a competitive difference in our clients' business. www.capv.com |
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