Indigo Demonstrates End-to-End Digital Photofinishing Solutions at PMA.Business/Technology Editors ORLANDO, Fla.--(BUSINESS WIRE)--Feb. 25, 2002 Indigo Offers with HP a Glimpse of Future Digital Photofinishing pho·to·fin·ish·ing n. The act or business of developing camera films and printing photographs for customers. pho Technology Delivering High-quality, High-speed Printing and Low Cost per Print to Central Photofinishing Labs Indigo N.V. (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), a leader in digital offset printing systems, today announced it will be demonstrating with Hewlett-Packard Company (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 ) the technology to be employed in future end-to-end digital photofinishing solutions developed together by the two companies. The digital photofinishing exhibit will be on display at the joint Indigo and HP booth (#948) at the Photo Marketing Association Trade Show in Orlando, Fla., Feb. 24-27, 2002. The exhibit will feature two high-speed photo printer concepts - the Photo-e-Print MetroLab and Photo-e-Print ProLab - which employ Indigo's proprietary ElectroInk technology. "It is expected that more than 70 billion photos will be processed digitally by 2006, clearly indicating that the photofinishing industry needs a high-performance, cost-effective alternative to conventional, chemical-based processing," said Yishai Amir, vice president of marketing, Indigo Photofinishing. "Indigo's photo printing technology will combine high-margin, high-value digital printing, meeting tomorrow's most demanding quality and speed requirements. Additionally, it will enable digital print providers to increase throughput, lower operating costs operating costs npl → gastos mpl operacionales and provide new revenue growth opportunities." The Photo-e-Print MetroLab was developed with high-volume photofinishing labs in mind, demonstrating 5,440 six-color, automatically-cut and collated 4x6-inch (10x15-cm) prints per hour. The Photo-e-Print ProLab is aimed at professional labs, demonstrating 680 12x17-inch (30x 43-cm) prints per hour. Both high-speed photo printer concepts feature Indigo's unique liquid ElectroInk technology, which produces extremely high-quality, high-speed printing and low cost per print without using chemical-based processing. ElectroInk also gives Indigo prints outstanding archival properties. The glossy images are highly durable and water-insensitive, capable of being handled without leaving permanent fingerprints Impressions or reproductions of the distinctive pattern of lines and grooves on the skin of human fingertips. Fingerprints are reproduced by pressing a person's fingertips into ink and then onto a piece of paper. . "Indigo will become a vital part of HP's digital imaging strategy for high-volume photofinishing applications," said Gary Cutler, general manager, HP's Digital Imaging organization. "HP's industry-leading expertise in digital imaging and printing, IT, and e-services, plus a worldwide service and support infrastructure, coupled with Indigo's digital printing expertise, uniquely positions HP to transition conventional photofinishing to an efficient digital business." "Everything that can become digital will become digital. As certain as digital cameras will replace film cameras, digital photofinishing will replace conventional photofinishing," stated Benny Landa, Indigo's 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. . "Today, HP is the market leader in consumer and office digital printing and Indigo is the digital printing leader in the commercial printing sector. Together, we believe that we can transform and lead the photofinishing industry as it races into the digital era." In September 2001, the two companies announced that HP would acquire Indigo. The acquisition is expected to be consummated in March 2002. Indigo N.V. (www.indigonet.com) is a 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. 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 the process of obtaining pictures, as on chemically prepared paper, from photographic negatives, by exposure to light. See also: Photographic markets. Indigo is headquartered in The Netherlands, with R&D and manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. in Israel. Indigo is a Hewlett-Packard (NYSE:HWP) affiliated company. Indigo, Digital Offset Color, ElectroInk, Photo-e-Print, MetroLab and ProLab are trademarks or registered trademarks of Indigo N.V. Certain of the statements contained herein, including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Indigo's expected future performance, are forward-looking. Actual results could differ materially as a result of various factors set forth in the Company's reports and forms filed with the SEC. |
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