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LASERMASTER TECHNOLOGIES ANNOUNCES STRATEGIC LICENSING AGREEMENT WITH LEXMARK

 LASERMASTER TECHNOLOGIES ANNOUNCES STRATEGIC
 LICENSING AGREEMENT WITH LEXMARK
 MINNEAPOLIS, April 1 /PRNewswire/ -- LaserMaster Technologies, Inc. (NASDAQ: LMTS) today announced the signing of a technology agreement to license components of its high performance printing technologies to a major U.S. based laser printer vendor. The agreement is a multi-year technology licensing agreement with Lexmark International, Inc. under which LaserMaster will provide key components of its proprietary technology.
 Lexmark is one of the major suppliers of desktop laser printers worldwide and its IBM LaserPrinter 4029 model was recently awarded PC Magazine's Technical Excellence Award. Lexmark was formed one year ago through the sale of IBM's Information Products Division, including IBM's desktop laser printer products.
 Mel Masters, LaserMaster's CEO, commented: "LaserMaster has focused on high performance printing in its development programs for the last six years. Lexmark will bring some of the benefits of LaserMaster's pioneering work in high performance printing technology to a much broader business printing marketplace. This relationship is an important achievement for us, commercially and strategically. We look forward to working with Lexmark and view the relationship as providing a valuable complement to the revenues generated from our own high-end TurboRes(R) Typesetting Division and the increasing sales momentum currently being generated by our startup WinPrint(TM) Products Division."
 While the companies deferred disclosing more specifics of the Lexmark agreement, Masters indicated that the agreement encompasses both current technologies and future development projects planned by LaserMaster.
 LaserMaster Technologies, Inc., designs, manufactures and markets high resolution, high performance printing systems for the microcomputer market. The LaserMaster product line features the company's proprietary TurboRes resolution enhancement technology.
 -0- 4/1/92
 /CONTACT: Karen Neset of LaserMaster Technologies, 612-941-8687/
 (LMTS) CO: LaserMaster Technologies, Inc.; Lexmark International, Inc. ST: Minnesota IN: CPR SU: LIC


DS -- MN002 -- 3763 04/01/92 09:30 EST
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Publication:PR Newswire
Date:Apr 1, 1992
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