Imagistics Helps Businesses Stay Competitive with New Multifunction Product Series; Next Generation offerings deliver high-end functionality to workgroups and small businesses.Business Editors TRUMBULL, Conn.--(BUSINESS WIRE)--March 1, 2004 Imagistics International Inc. (NYSE NYSE See: New York Stock Exchange : IGI IGI International Genealogical Index IGI International Gemological Institute IGI I'm Going In IGI I Get It IGI Institute of Geologists of Ireland IGI Inspector General for Investigations IGI Institution Gang Investigator (prisons) ) announces four new multifunction office solutions ranging in speed from 20 to 35-cpm/ppm, designed to bring cost effective, powerful functionality to workgroups and small businesses. These IT friendly solutions provide breakthrough tools that allow offices to implement labor and cost saving strategies like Internet communication of hard copy documents, at the same time improving the speed and professionalism of document production and distribution. Complementing Imagistics' existing award-winning line are the im2020, im2520, im2520f, and im3520 multifunction copier/printer/scanners: affordable, compact, reliable low-to-mid volume solutions. Each features an adaptable, modular design In the context of systems engineering, modular design — or "modularity in design" — is an approach aiming to subdivide a system into smaller parts (modules) that can be independently created and then used in different systems to drive multiple functionalities. that provides for custom configuration and flexible upgrade paths to match a business' evolving applications, such as network printing, cost saving scanning, or professional finishing. "With advanced document printing, copying, scanning, sending, and management capabilities, the im2020, im2520, im2520f, and im3520 assume the position of value leaders in the low-to-mid volume MFP (MultiFunction Printer, MultiFunction Peripheral) See all-in-one and MFD. marketplace" stated Nat Gifford, Imagistics' vice president of Product Development and Marketing. "Competitively priced, they are excellent alternatives for businesses seeking to consolidate stand-alone equipment into a space saving, more capable multifunction device; automate existing processes like duplexing or booklet making; and communicate inside and outside the workgroup or small office to speed the distribution of information and lower expenses associated with document/data transfer." Each configuration is a fully capable digital copier with an 80-sheet Reversing Automatic Document Feeder In multifunction or all-in-one printers, fax machines, photocopiers and scanners, Automatic Document Feeder or ADF is a feature which takes several pages and feeds the paper one page at a time into the scanner, allowing the user to scan (and thereby copy, print, or fax) (RADF RADF Reversing Automatic Document Feeder RADF radarfind (US DoD) RADF Reverse Automatic Document Feeder ), dual 550-sheet universal cassettes, a 150-sheet Stack Bypass, and standard duplexing. Customers may increase paper capacity and choose from several simple yet sophisticated output options including saddle-stitch finishing and hole punching See UDP hole punching. . Designed to be versatile, these competitively priced units can support a number of productivity enhancing network attachment options for printing, scanning, and Internet fax Using the Internet to send faxes. Fax servers accept an incoming fax message and route it to a fax server in the same locality as the destination fax machine. The fax server then makes a local telephone call to send the fax. . Scanning at up to 74 originals per minute, the robust capabilities of this series offer a host of cost saving distribution and document archiving features. Each model offers many Rehabilitation rehabilitation: see physical therapy. Act (Section 508) compliant features including a tilting control panel with an enlargeable, reversible LCD screen and concave Concave Property that a curve is below a straight line connecting two end points. If the curve falls above the straight line, it is called convex. numeric keys; top and bottom handles on paper sources for better leverage; and clear paper guides on the RADF so seated users may position originals properly. The company's web site at www.imagistics.com contains further details on these feature rich products: -- The im2020 is the value leader of the series. At 20-cpm/ppm with a suggested maximum volume of up to 100,000 impressions per month, and backed by Imagistics nationwide sales and on-site service organization, the im2020 provides an attractive alternative to the high operating, supply and service costs of stand-alone, cartridge-based copiers and printers. -- The im2520 is also an entry-level solution, but for customer environments with slightly higher volumes (up to 120,000 impressions per month). Its 25-cpm/ppm speed makes it is an attractive option for workgroups stepping up from desktop and lower volume devices. -- The im2520f matches all the functionality of the im2520, but adds standard network printing and Super G3 fax capabilities. As a result, the im2520f is a communications hub device that can consolidate multiple stand-alone desktop devices, including faxes, printers, and scanners. -- The flagship of the series, the im3520 is a mid-volume workgroup solution that operates at 35-cpm/ppm with standard network printing and a suggested maximum monthly volume of 150,000 impressions. Each of these products provides ease of use through features like the Multi-job Function to eliminate lines at the copier, the ability to feed mixed size originals in a single job, and intuitive control panel screens to guide users through programming. Plus, network connected users enjoy complete system control from remote workstations through the Imagistics Printer Management Utility designed to simplify installing, monitoring, and managing network connected systems. About Imagistics International Imagistics International Inc. is a direct sales, service, and marketing organization whose MFP products won the 2003 Buyers Laboratory "Most Outstanding Multifunctional Product Line of the Year", and was ranked by J.D. Power and Associates* as "#1 Copier/Multifunction Product in Overall Customer Satisfaction Among Business Users in a Tie". Specializing in National Account Management and Document Cost Management, Imagistics offers document imaging solutions, including high performance, leading edge B&W and color multifunctional products. Its direct sales and service organizations are located throughout 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 the United Kingdom. For additional information about Imagistics International, please visit www.imagistics.com. * J.D. Power and Associates 2003 Copier Customer Satisfaction StudySM. Study based on responses from 2,963 small, medium, and large business users in the first 18 months of copier ownership. www.jdpower.com "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 under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release regarding Imagistics International Inc.'s business which are not historical facts are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the most recently ended fiscal year. |
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