Distribution Agreement Makes Avery Dennison Printer Systems Exclusive Supplier of Astro-Med's Apparel Care Label Printing Systems.Business Editors/High-Tech Writers WEST WARWICK West Warwick (wôr`wĭk, –`ĭk), town (1990 pop. 29,268), Kent co., central R.I., on the Pawtuxet River; set off from Warwick and inc. 1913. Textile manufacturing remains a leading industry. West Warwick includes the village of River Point. , R.I.--(BUSINESS WIRE)--Feb. 2, 2004 Astro-Med 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 :ALOT ALOT Allotment ALOT Adaptive Large Optics Technologies ALOT Airborne Lightweight Optical Tracking ALOT Maybe you're looking for the two word phrase 'a lot' meaning many? ) announces a pact with Avery Dennison Avery Dennison Corporation (NYSE: AVY) produces pressure-sensitive materials (such as self-adhesive labels), office products, and various paper products. R. Stanton Avery founded Avery in 1935. Avery Dennison Corporation was created in 1990 by merger of Avery and Dennison. (AVY), under which Astro-Med's line of digital apparel care label printers, accessories, and supplies will be sold exclusively to the apparel industry through Avery Dennison's worldwide distribution network. The exclusive agreement equips the Avery Dennison sales force with Astro-Med's patented line of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color thermal transfer See thermal wax transfer printer and direct thermal printer. label printing systems for sale to apparel manufacturers and retailers who wish to produce printed care labels in-house. Offering simultaneous multi-color printing on both sides of care label or tag material at high speeds, Astro-Med's tabletop digital apparel label printers are unique in the industry. Commenting on the agreement, Eric Pizzuti, Astro-Med National Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → , stated: "The agreement combines Astro-Med's strength in variable information print technology, printer manufacturing and specialty thermal transfer ribbons with Avery Dennison's broad sales distribution and strength in manufacturing specialty printing materials for the apparel industry." "This strategic partnership expands and strengthens the long-standing relationship between Astro-Med and Avery Dennison, and will lead to new opportunities and significant sales revenues for both companies," said Pizzuti. Pizzuti continued: "With their powerful brand name and worldwide distribution, Avery Dennison has an enormous presence in the apparel industry. Astro-Med's industry-leading high-speed, multi-color, two-sided digital label printers beautifully complement the Avery Dennison product line and will allow Avery Dennison to offer a new full-line in-house printing solution to apparel manufacturers and retailers." Under the agreement, Avery Dennison will sell the Astro-Med care label printers as the AP CareLabel 2/1 and AP CareLabel 1/1 two-side garment labeling systems. The AP CareLabel 2/1 produces variable copy and symbology sym·bol·o·gy n. 1. The study or interpretation of symbols or symbolism. 2. The use of symbols. symbology 1. the study and interpretation of symbols. Also called symbolism. in two colors on one side and on one color on the reverse side of the label. The AP CareLabel 1/1 produces one color on each side of the label. Astro-Med Inc. is a USA-based manufacturer and direct supplier of a broad range of multi-color digital label and tag printers utilizing patented single and double-sided thermal transfer printing technologies. Astro-Med also manufactures label applicators, print-and-apply systems, label design software, thermal transfer ribbon, and labels and tags employed around the world in a wide range of industrial applications. Astro-Med's label printing products are sold under its QuickLabel Systems Product Group. Astro-Med's other product groups, Grass-Telefactor and Astro-Med Test and Measurement, manufacture electronic medical instrumentation and data acquisition and graphic recording systems for use in medical, industrial, and aerospace applications. Visit Astro-Med Inc. at www.astro-med.com and Avery Dennison Printer Systems at www.machines.averydennison.com for further information. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This news release contains forward-looking statements, and actual results may vary from those expressed or implied herein. Factors that could affect these results include those mentioned in Astro-Med's FY2003 annual report and its annual and quarterly filings with the Securities and Exchange Commission. |
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