Xeikon N.V. introduces new, larger format digital color printing system targeted to commercial printing marketplace.DUSSELDORF--(BUSINESS WIRE)--June 3, 1997-- -- System Sets New Benchmarks for Print Size and Productivity -- -- Fully Compatible with Standard Pre-Press and Finishing Equipment -- Xeikon "Under the Xeikon brand, Punch Graphix develops, manufactures and distributes high-end digital colour printing systems, the related prepress and operating software, and consumables such as toner. N.V. (Nasdaq: XEIKY) today announced the introduction of the Xeikon DCP/50D, the world's fastest and widest heavy-duty 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). system and the only one able to print an eight-page signature, the common format produced by traditional offset presses. Launched at Imprinta '97, a major printing industry trade show, the Xeikon DCP/50D offers commercial printers a digital color printing solution that combines offset-quality results with faster turnaround times (1) In batch processing, the time it takes to receive finished reports after submission of documents or files for processing. In an online environment, turnaround time is the same as response time. and lower costs for short runs. The Xeikon DCP/50D, which is fully compatible with standard pre-press and finishing equipment, is targeted primarily at the commercial printing and in-plant marketplace, the largest segment of users within the U.S. printing and publishing industry. There are now more than 73,000 commercial, quick and in-plant printers in the U.S. alone, 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. CAP Ventures, Inc., a leading industry consultant. Of the $87.9 billion in revenues generated by this group in 1995, CAP Ventures estimates that approximately $41.3 billion, or 47%, were from relatively short print runs (5,000 and under). Commercial shipments of the Xeikon DCP/50D are expected to commence in November 1997. The price per unit will range from $450,000 to $600,000 depending on the specific configuration. The Xeikon DCP/50D offers a 20" paper width and a print width of 18.7" (versus the 12.6" paper width and print width of 12.1" of the Xeikon DCP/32D), resulting in enhanced productivity and the ability to provide print applications not previously available. As a result of the new format, the Xeikon DCP/50D will be able to print eight-page, or B2 size (20"x 24"), signatures at the rate of 750 sheets per hour. This is equivalent to 6,000 A4 size (8 1/2"x 11") full-color impressions per hour, or 100 per minute. This means that the Xeikon DCP/50D can produce 24 average jobs of 500 duplex (communications) duplex - Used to describe a communications channel that can carry signals in both directions, in contrast to a simplex channel which only ever carries a signal in one direction. 11"x17" sheets per eight hour shift -- a production level that is more than double the level achievable by any other digital or computer-to-press system available today. Moreover, the Xeikon DCP/50D's web configuration allows users to print jobs in a variety of sheeted lengths, even up to 24 feet. Xeikon's President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Alfons Buts, said, "This larger format press is a strategic addition to our existing line of digital color printing systems, as it represents a product tailored specifically to the commercial printing market. The Xeikon DCP/50D also demonstrates our commitment to offering print providers high quality, low-cost color printing solutions that also offer fast, reliable turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. and the ability to add variable information." Mr. Buts added that the Xeikon DCP/50D is designed to be seamlessly integrated into commercial printers' existing production workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. . It is fully compatible with all standard pre-press and finishing equipment, and can produce complete booklets and brochures in one step using Xeikon's electronic collation COLLATION, descents. A term used in the laws of Louisiana. Collation -of goods is the supposed or real return to the mass of the succession, which an heir makes of the property he received in advance of his share or otherwise, in order that such property may be divided, together with the feature. This compares with multiple steps required in the traditional offset press. Among the applications made more practical with the Xeikon DCP/50D are customized, commercial print quality, 8, 16 or 24-page catalogues or brochures. Posters and other large-sized printed products (up to 24 feet in length) are now also feasible. The Xeikon DCP/50D represents the Company's third major new product launch in the past year. Last June, Xeikon introduced its second generation duplex color printing system, the DCP/32D, and two months later, launched a simplex, or single-sided system, the DCP/32S. Xeikon N.V. develops, produces and markets commercial digital color printing systems and related consumables specifically designed to meet the quality, speed, reliability, cost, variable content and on-demand requirements of the global digital color printing market. Xeikon supplies both original equipment manufacturers, as well as a global network of over 30 value-added distributors (VADs). This press release contains forward-looking information, and actual results may vary from those expressed or implied herein. Factors that could affect these results include those mentioned in the Company's 1996 Annual Report and prospectus dated March 18, 1996. NOTE: For a copy of a more detailed press release distributed at Imprinta 97, please contact Trina Hardiman or Gerard Carney car·ney n. Informal Variant of carny. at 212-373-0229. CONTACT: Xeikon N.V. -OR- Gavin Anderson Anderson, river, Canada Anderson, river, c.465 mi (750 km) long, rising in several lakes in N central Northwest Territories, Canada. It meanders north and west before receiving the Carnwath River and flowing north to Liverpool Bay, an arm of the Arctic & Co. Alfons Buts Trina Hardiman Marc Blanpain Gerard Carney Belgium: 32-3-443-1410 New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of : 212-373-0229 |
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