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Philadelphia Stock Exchange is Bullish on New RISO Printing Technology for Data Center.


DANVERS, Mass. -- The Philadelphia Stock Exchange Philadelphia Stock Exchange (PHLX)

A securities exchange trading American and European foreign currency options on spot exchange rates.
 is using a new printing technology from RISO RISO Regional Individual Standing Offer
RISO Range Instrumentation Systems Office
, Inc. to enhance its data center operations. The Exchange has installed three RISO HC5000 ComColor(TM) Printers, a new digital printing technology that can print up to 105 pages per minute in full color or black & white at running costs running costs npl [of business] → gastos mpl corrientes [of car] → gastos mpl de mantenimiento

running costs npl [of business
 as low as $.03 per page. The units will be used to produce approximately six million pages of time-sensitive print applications this year alone, including reports of trading activity for trade clearing and settlement, performance reports for the Exchange's regulatory and surveillance functions, and other on-demand printing See print on demand.  requirements.

Frank Vain, Production Support Manager for the Philadelphia Stock Exchange, acquired the HC5000s to replace the Exchange's older continuous-form feeders. "The old printers had a large footprint that required a great deal of valuable raised floor space, and their 220-volt power requirements added incremental Additional or increased growth, bulk, quantity, number, or value; enlarged.

Incremental cost is additional or increased cost of an item or service apart from its actual cost.
 electricity costs," said Vain. "We were attracted to the HC5000's high speed printing capabilities, smaller size and weight, I/P I/P Input
I/P Initiative/Program
I/P Identification of Position
I/P Current to Pneumatic Transducer
 connectivity, and its low power and cooling requirements. 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).
 is a bonus," he noted.

The HC5000's compact size and lower weight enabled the Exchange to place the units in a second-floor room originally constructed as office space. The Exchange's older, heavier printers had to reside on the structurally reinforced raised floor area of the data center - valuable floor space and a less-than-ideal location for its intensive printing operations. In addition, since installing the HC5000s, the Exchange has realized energy savings due to the HC5000's low power requirements, and reduced paper costs partially attributable to the font font
 or typeface or type family

Assortment or set of type (alphanumeric characters used for printing), all of one coherent style. Before the advent of computers, fonts were expressed in cast metal that was used as a template for printing.
 scalability provided by the system's PS7R-9000 controller.

Although the HC5000 is known for its high speed, low cost full color capabilities, color is not required in any of the Exchange's current applications, so they are being printed in black and white. "We may use the HC5000 for some color work in the future, but for now, we are pleased with how well this technology handles the data center's main print task of fast, reliable report generation," Vain noted.

"We find that customers are embracing the HC5000 technology because it provides a real solution for their printing needs. While it is widely used for full color printing, installations like the Philadelphia Stock Exchange illustrate its flexibility and the variety of needs this system addresses," said Kevin Hunter, Director of the Full Color Business Unit for RISO, Inc.

The Philadelphia Stock Exchange was founded in 1790. The PHLX PHLX

See: Philadelphia Stock Exchange


PHLX

See Philadelphia Stock Exchange (PHLX).
 trades 1,943 stocks, 2,231 equity options, 19 sectors index options, and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com

RISO, Inc. sells a variety of printing solutions throughout the Americas. For more information, visit http://us.riso.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 6, 2006
Words:458
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