Dell Signs Agreement With Lexmark; Alliance is First Step in Dell's Phased Entry Into Printer Market.Business Editors & High-Tech Writers AUSTIN, Texas & LEXINGTON, Ky.--(BUSINESS WIRE)--Sept. 24, 2002 Dell (Nasdaq:DELL) and Lexmark (NYSE NYSE See: New York Stock Exchange :LXK) today announced an agreement for the two companies to develop and produce Dell inkjet and laser printers and related aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. cartridges that will be sold directly to customers. "Our customers are asking Dell to improve the customer experience for printers," said Tim Peters Tim Peters may refer to:
"Dell has a history of offering customers quality products that are easy to buy, install and use. We are confident our printers and ink and toner An electrically charged ink used in copy machines and laser printers. It adheres to an invisible image that has been charged with the opposite polarity onto a plate or drum or onto the paper itself. cartridge (1) See phono cartridge. (2) A removable storage module that contains magnetic disks, optical discs, magnetic tape or memory chips. Cartridges are inserted into slots in the drive, printer or computer. replacement experience will be no exception to what customers expect from Dell -- the industry's best value and customer relationship," Peters said. Under the first phase of the two-phased agreement, Dell has selected Lexmark as its preferred supplier for non-Dell imaging products during the important upcoming holiday purchasing period and beyond. By leveraging Lexmark's imaging technologies in the second phase, Dell and Lexmark will pursue initiatives aimed at producing workgroup, small business and personal imaging products with features and capabilities unique to Dell, aligning product development, manufacturing and sales to best serve the needs of customers. Dell imaging products will be launched in the market the first half of next year. "We believe Dell's selection of Lexmark as their initial imaging partner is reflective of our reputation for technology leadership, high-value products and customer-centricity," said Paul Curlander, Lexmark chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Terms of the agreement and product descriptions were not disclosed, and the companies have not set any volume levels relative to this agreement. About Dell Dell Computer Corporation (company) Dell Computer Corporation - One of the biggest US manufacturers of IBM PC compatibles. "From notebooks to networks", their slogan says. http://us.dell.com. (Nasdaq:DELL) is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. The company's revenue for the past four quarters totaled $32.1 billion. Dell, through its direct business model, designs, manufactures and customizes products and services to customer requirements, and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained at www.dell.com. About Lexmark Lexmark International Inc. (NYSE:LXK) is a leading developer, manufacturer and supplier of printing solutions -- including laser and inkjet printers 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. , multifunction products, associated supplies and services -- for offices and homes in more than 150 countries. Founded in 1991, Lexmark reported more than $4.1 billion in revenue in 2001, and can be found on the Internet at www.lexmark.com. Dell is a trademark of Dell Computer Corporation. Dell disclaims any proprietary interest in the marks and names of others. Lexmark and Lexmark with the diamond design are trademarks of Lexmark International Inc., registered in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. |
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