Colorocs Info Tech acquires print technology company; CoOperative Printing Solutions, Inc. joins growing technology firm.ATLANTA--(BUSINESS WIRE)--Dec. 19, 1995--Colorocs Information Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CLRC CLRC Central Laboratory of the Research Councils (UK) CLRC Copyright Law Review Committee (Australia) CLRC Canadian Livestock Records Corporation (Ottawa, Ontario, Canada) ), formerly named Colorocs Corporation, today announced that it has completed the acquisition of privately held CoOperative Printing Solutions, Inc. (COPS), a company that develops and markets an extensive range of PostScript print spooler Software that manages sending jobs to the printer. When an application prints a document, the formatted output is stored on disk, and the print spooler feeds the print images to the printer in the background at slower printing speeds. and cross network print support software to the corporate and printing markets. Terms were not disclosed. COPS' technologies enable a company to create a document in one office and then print and collate col·late tr.v. col·lat·ed, col·lat·ing, col·lates 1. To examine and compare carefully in order to note points of disagreement. 2. To assemble in proper numerical or logical sequence. 3. the document at a different location, saving time and costs. It has recently enhanced these products to provide distributed printing over the internet. Founded in 1988, COPS has pioneered many popular technologies including OPI (Open Prepress Interface) An extension to PostScript that provides color separations. It was developed by Aldus Corporation, which was later acquired by Adobe. servers and Windows to Macintosh networking. COPS also provides key technology to most printer manufacturers. Said Guy Mariande, Founder of COPS and now Divisional President with Colorocs Info Tech, "Our technology has the power to change the distribution of large forms, documents and brochures from corporate warehouses, to on-demand anyplace an·y·place adv. To, in, or at any place; anywhere. See Usage Note at everyplace. Adv. 1. anyplace - at or in or to any place; "you can find this food anywhere"; (`anyplace' is used informally for `anywhere') anywhere in the world. By joining with Colorocs Info Tech, we gain financial strength and the ability to focus on delivering advanced technology first." Alan McKeon, President of Colorocs Info Tech and architect of the company's new strategy said, "We are delighted to join with COPS, a versatile company with far reaching technology. While the market for distributed printing is only in its infancy, COPS has seven years of experience providing customers with unmatched experience in PostScript and network printing. We believe that their growing expertise will enable COPS to command a leadership position in this market." Colorocs Info Tech, based in Atlanta, is a provider of sophisticated technology that is easy to use by the mass market through the internet. It also owns and licenses a portfolio of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color electro-xerography patents to print engine manufacturers. CONTACT: Colorocs Information Technologies, Inc. Alan McKeon, 770/447-3570 or Amen & Associates Bob Amen, 203/629-2244 |
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