Minolta PPD Secures Strong Standing in Laser Printer Market in Just Two Years.MAHWAH, N.J.--(BUSINESS WIRE)--March 30, 1999--Minolta Corporation's Peripheral Product Division (PPD (1) (Parallel Presence Detect) The method used by earlier SIMM memory modules to communicate their capacity to the computer. A binary number coming from a parallel set of pins was read by the system, with each pin representing one bit. Contrast with SPD. ) reports that in the two years since it entered the highly competitive U.S.desktop laser printer market, it has achieved nearly 100 percent growth in unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. . PPD is the fastest-growing company in the laser printer marketplace, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry analysts. According to figures released by the industry analyst group International Data Corp., based in Framingham, Mass., from 1997 to 1998, Minolta grew 94 percent in the U.S. desktop color laser market and 93 percent in the monochrome laser segment. "Minolta's Peripheral Products Group has gotten off to a strong start, for a company that just started selling branded products in 1997. They continue to offer very competitive products, and improve their distribution and sales channels to compete with the industry leaders. This is especially true in the color laser printer A laser printer that prints in color using four toner cartridges (CMYK) of cyan, magenta, yellow and black. The colors are applied one at a time to the drum and are then adhered to the paper. See printer. market where there is plenty of opportunity for growth," said Alyson Frasco, worldwide research manager, International Data Corp. Ed Pollen, senior industry analyst with ZD Market Intelligence, said, "Minolta PPD is the fastest-growing company in the industry right now. They're a real comer com·er n. 1. One that arrives or comes: free food for all comers. 2. One showing promise of attaining success: a political comer. Noun 1. in the desktop laser printer market. They got off to a great start with their January sales." According to ZD Market Intelligence's channel survey on sales of hardware and peripherals, Minolta's January 1999 printer sales were up 59 %, compared with a year ago. Minolta also began the new year ranked fourth in desktop color laser printers with a 5% share, compared with a 3% share a year ago. PPD Highlights Minolta Corp., best known as a leading developer of optical technology and in manufacturing cameras and copiers, established PPD in 1997. Since then, PPD has developed a full line of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color and monochrome laser printers for businesses of all sizes. It has also built a strong two-tier distribution channel of distributors and resellers that has contributed significantly to the acceptance of the Minolta brand in the marketplace. Resellers now have a full set of support programs and incentives. The government market has also been a strong growth area for Minolta PPD. In the last 12 months, PPD has won more than 15 federal, state and local contracts. "While a newcomer in the laser printer market, Minolta's Peripheral Product Division is strongly positioned to make a positive impact on this industry. It's time It's Time was a successful political campaign run by the Australian Labor Party (ALP) under Gough Whitlam at the 1972 election in Australia. Campaigning on the perceived need for change after 23 years of conservative (Liberal Party of Australia) government, Labor put forward a for businesses to have another option and Minolta is that option. PPD is also in a unique position, together with our parent company, Minolta Corporation, to lead the market in the convergence of copiers and printers," said Brian Greer, director of marketing, Minolta PPD. About Minolta Minolta Corporation's Peripheral Products Division (PPD) was formed in 1997 to market Minolta's full line of high quality color and monochrome printing solutions. The flagship PageWorks printer line benefits from Minolta's more than 15 years of experience as a leading manufacturer of monochrome and color printer A printer that prints in color using three (CMY) or four (CMYK) colors of ink, toner or dye. Four color ribbons have been used in dot matrix printers, but these are rare today. See color laser printer and printer. engines and developer of advanced color technologies. As a growing number of business and personal users demand digital output, Minolta PPD is committed to providing them with reasonably priced, highly reliable printers backed by superior service and support. Headquartered in Mahwah, New Jersey Mahwah is a township in Bergen County, New Jersey, United States. As of the United States 2000 Census, the township population was 24,062. The name Mahwah is derived from the Lenni Lenape word "mawewi" which means "Meeting Place" or "Place Where Paths Meet". , the Peripheral Products Division is part of the Business Products Group, which manufactures digital and analog office equipment including fax machines, copiers, printers, micrographic mi·cro·graph n. 1. A drawing or photographic reproduction of an object as viewed through a microscope. 2. An instrument used to make tiny writing or engraving. systems and electronic image and information management systems. Additional information is available online at www.minoltaprinters.com, toll free at 1-888-2MINOLTA (1-888-264-6658). |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion