DUSSELDORF, GERMANY, May 07, 2012 (MARKETWIRE via COMTEX) -- HP today announced that Consolidated Graphics Inc. (CGX), one of the largest commercial print service providers, offering the world's largest integrated digital printing footprint, has purchased 10 HP Indigo 10000 Digital Presses.
HP and CGX officials disclosed the purchase agreement during the drupa tradeshow in Duesseldorf, where HP is showing the HP Indigo 10000 model press -- the first B2-format (750 millimeters (mm) x 340 mm / 29.5 inches x 20.9 inches) sheet-fed HP Indigo solution -- publicly for the first time. CGX will begin installing the presses at locations throughout its 70-company network when the HP Indigo 10000 becomes commercially available in early 2013.
In addition to the 10-press purchase, Nies/Artcraft, a CGX company specializing in high-quality, targeted direct marketing services, will be a beta user for the HP Indigo 10000, receiving an early production unit later this year.
"CGX's success is based on its commitment to providing the best, most-effective and most-efficient solutions," said Richard Davis, executive vice president, Purchasing and Operations, CGX. "Based on what we have seen with the new B2-format capabilities, and judging from our many positive experiences with HP, we believe the HP Indigo 10000 will be a great solution for CGX and its customers."
Expanding Nies/Artcraft's high-volume direct marketing capabilities
For St. Louis-based Nies/Artcraft, the HP Indigo 10000 will be a highlight of its new manufacturing facility opening later this year. Nies/Artcraft, one of the leading digital printing providers in the CGX network, is a prolific HP Indigo press user, running more than a dozen presses in a high-volume direct mail, photo products, packaging and general commercial print production operation that serves many Fortune 500 companies.
CGX primarily will use the presses for direct marketing and other commercial printing work. Unlike the smaller digital presses used in the industry today, the HP Indigo 10000 has a size format that makes it suitable for folding carton production, an application several CGX companies also will adopt when they install their new presses in 2013.
"Consolidated Graphics, a company that is among the world's most progressive users of digital print technology, is taking yet another step forward in efficiency and value, extending its competitive advantage with the HP Indigo 10000," said Christopher Morgan, senior vice president, Graphics Solutions Business, HP. "This new, breakthrough offering in size format and high-end productivity will bring the advantages of digital printing to many more customers and applications."
More than twice the productivity, with proven HP Indigo quality
Making its public debut at drupa, the HP Indigo 10000 offers more than twice the productivity of current HP Indigo presses. Designed to take truly high-end digital work into higher-volume production, it prints up to 3,450 sheets per hour in four colors, and up to 4,600 sheets per hour in Enhanced Productivity Mode.
The HP Indigo 10000 also combines offset-matching print quality with up to seven-color printing and duplex and substrate flexibility. Printing on more than 2,500 media currently certified for use on HP Indigo sheet-fed presses, the HP Indigo 10000 is ideal for a variety of high-quality applications, including commercial printing, photo merchandise, publishing and direct mail.
One of the world's leading HP Indigo digital press users CGX became one of the world's largest users of HP Indigo presses at the last drupa tradeshow, in 2008, when it signed a deal to add 36 presses to its existing inventory of HP Indigo solutions. The company also owns two HP Inkjet Web Presses used to produce high-volume, full-color direct mail, marketing collateral and publications, as well as numerous HP Designjet and HP Scitex solutions for large-format graphics printing.
CGX's relationship with HP extends beyond printing to extensive information technology solutions. Last year, CGX collaborated with HP to create its own top-tier, high-security data center, incorporating high-density HP servers, storage and networking systems to power CGX's advanced, Hybrid Delivery cloud computing solutions.
More information about the press and HP's entire portfolio of digital solutions at drupa is available at www.hp.com/go/HPdrupa12 , www.hp.com/go/drupa and through the HP Graphic Arts Twitter feed at www.twitter.com/hpgraphicarts and YouTube channel at www.youtube.com/hpgraphicarts . Join or follow the conversation using the #HPdrupa hashtag.
About CGX Consolidated Graphics Inc., headquartered in Houston, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Toronto, and Prague, and a presence in Asia, CGX offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. More information is available at www.cgx.com .
About HP HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com .
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations, including execution of cost reduction programs and restructuring and integration plans; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of cost reduction programs and restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011. HP assumes no obligation and does not intend to update these forward-looking statements.
Copyright 2012 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: HP
Original Post