Smith Corona Enters Lucrative InkJet Cartridge Market With Competitively Priced InkJet Solutions; InkJet Solutions Products Offer Brand-Name Quality at Competitive Prices.CORTLAND, N.Y.--(BUSINESS WIRE)--Sept. 30, 1999-- Smith Corona Smith Corona or the SCM Corporation is a US typewriter and calculator company. The company has been experiencing a decline in sales since the mid 1980s due to the introduction of PC-based word processing. Its competitors include Brother, Olivetti and IBM. Corp., a worldwide leader in typewriters and business printing, today announced the introduction of its InkJet Solutions(TM) product line. These high-quality supplies for inkjet printers A printer that propels droplets of ink directly onto the medium. Today, almost all inkjet printers produce color. Low-end inkjets use three ink colors (cyan, magenta and yellow), but produce a composite black that is often muddy. respond to increasing market demand for competitively priced products that offer quality printing and are compatible with most major brand printers. InkJet Solutions offer a 22-SKU line of replacement cartridges
"Inkjet Solutions support Smith Corona's business strategy to introduce innovative products that enhance our reputation for quality products that print data and transmit To send data over a communications line. See transfer. information," stated John A. Bermingham, president and chief executive officer of Smith Corona. "Moreover, with more than 100 million inkjet printers in use today, this represents tremendous value to both Smith Corona and our customers, now and in the future." Bermingham pointed out that 1998 retail sales for inkjet cartridges A replaceable unit that holds ink and the print nozzles for inkjet printers. A separate cartridge for each of the four CMYK colors is the most efficient. Low-cost printers include cyan, magenta and yellow inks in one cartridge, requiring the entire unit be replaced when one color is empty. totaled $6.5 billion (275 million units) and is expected to grow exponentially ex·po·nen·tial adj. 1. Of or relating to an exponent. 2. Mathematics a. Containing, involving, or expressed as an exponent. b. . By 2002, independent forecasts call for retail sales to reach almost $8.7 billion (391 million units), with third-party providers capturing 11 percent of these retail sales. The InkJet Solutions product line will be available in early October at major office supply retailers, mass merchandisers, and in office supply catalogs. "Smith Corona cartridges have been independently tested as quality replacements for the most popular printers, faxes, and multi-function machines," stated Brandon McKnight, Smith Corona product manager. "The Snap'n Fill Ink Caps for Hewlett Packard and Lexmark printers represent the next generation of ink refilling technology that deliver the savings and ease of installation customers have been asking for. The full product line, combined with the recognition and global strength of its brand name, will allow Smith Corona to expand its reach in the international consumables industry." Smith Corona Corp. is dedicated to producing information solutions through new and emerging technology products in addition to marketing and developing its traditional electronic typewriters See memory typewriter and word processing. and related accessories and supplies. The company is based in Cortland and can be reached electronically at www.smithcorona.com. |
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