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HP's Joel Birnbaum to Join Indigo Board.


Business/Technology Editors

MAASTRICHT, The Netherlands--(BUSINESS WIRE)--March 7, 2001

Indigo NV (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
:INDG) the leader in digital color printing “colour separation” redirects here. For other uses, see colour-separation overlay.
Color printing is the reproduction of an image or text in color (as opposed to simpler black and white or monochrome printing).
 systems, announced today the appointment of Dr. Joel S. Birnbaum to its Board of Directors. Dr. Birnbaum is currently Special Technical Assistant to Carly Fiorina Cara Carleton "Carly" Fiorina (born Cara Carleton Sneed; September 61954 in Austin, Texas) is an American business executive, best known as former CEO (1999–2005) and Chairman of the Board (2000–2005) of Hewlett-Packard (HP). , 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. , President and Chairman of Hewlett Packard.

During his twenty-year stellar career with Hewlett Packard, Dr. Birnbaum has held various senior executive positions, including senior vice president for research and development and director of HP Labs, as well as general manager of Hewlett Packard's Information Technology Group,

Benny Landa, Chairman and CEO of Indigo commented: "We are delighted to welcome Joel Birnbaum, who brings a wealth of experience in management, business and technology, to Indigo's Board. Joel Birnbaum is an HP icon whose insightful leadership and creativity helped build Hewlett Packard into the company that it is today. We eagerly welcome his contribution to our Board."

Dr. Birnbaum's appointment to Indigo's Board of Directors is a further strengthening of the three-faceted strategic alliance between Hewlett Packard and Indigo that was announced on September 14, 2000. This included a $100 million HP equity investment in Indigo, an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  agreement for the HP branding of Indigo digital color printing presses, and an agreement to jointly develop and bring to market next-generation digital color printing products.

About Indigo

Indigo N.V. (www.indigonet.com), is the leader in digital color printing systems. Indigo's Digital Offset Color technology combines the quality of ink-based offset printing with the performance advantages of electronic imaging. Its products, including its proprietary ElectroInk, provide solutions for the commercial, industrial and photographic printing markets. Indigo is headquartered in The Netherlands, with R&D and manufacturing operations in Israel. Indigo is a Hewlett-Packard (NYSE NYSE

See: New York Stock Exchange
:HWP HWP Height (and) Weight Proportionate
HWP Half-Wave Plate
HWP Highway Patrol
HWP Height Weight Proportional
HWP Hewlett-Packard Corporation (stock symbol)
HWP Hydrolyzed Whey Peptides
) affiliated company.

Indigo, ElectroInk, and Digital Offset Color are trademarks or registered trademarks of Indigo N.V.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:Mar 7, 2001
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