Boy, I wonder what Canon is gonna say about this.
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Here's the Press Release
Press Release Source: IKON Office Solutions, Inc.
IKON Launches New Color Printing and Copying System to Meet Growing Demand for Color
Tuesday October 21, 9:29 am ET
IKON CPP(TM) 8050 Enhances IKON's Strong Portfolio of Color Product Offerings
VALLEY FORGE, Pa.--(BUSINESS WIRE)--Oct. 21, 2003-- IKON Office Solutions (NYSE:IKN - News), the world's largest independent distributor of document management products and services, today launched the IKON CPP 8050, a next-generation, high-speed digital color printing and copying system. With this new product offering, IKON is able to deliver enhanced color production level quality and speed at an affordable price point, while reaffirming its commitment to providing customers with the industry's strongest portfolio of color product offerings.
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The IKON CPP 8050 will assist IKON in meeting the growing demand for color printers and copiers-- an estimated $1.2 billion market in 2004 -- at a range of price points and speeds. With U.S. placements of color production segment units expected to grow in excess of 15 percent in 2004, the product strategically positions IKON to capitalize on this segment and builds on its existing color portfolio, which ranges from color-capable black-and-white devices for general office needs, to high-volume color production for graphic arts and centralized production needs.
"With the IKON CPP 8050, organizations can affordably leverage the power of color documents to differentiate themselves from competitors during these challenging economic times," said Cathy Lewis, senior vice president of marketing, IKON Office Solutions. "High-quality color documents can raise awareness, increase retention and elicit action, improving communications with customers, partners, suppliers and employees."
Co-branded with Konica Minolta for its color engine technology and Electronics for Imaging (EFI) with its high performance new Fiery S300 color controller, the IKON CPP 8050 offers powerful color management tools to help users generate consistent and accurate output. A compact design minimizes space requirements and cost, even in multi-unit installations, which makes it ideal for both production and departmental color copying and printing at 50 pages-per-minute. Enhanced media features and variable data technology enable streamlined job management and personalized printing, while advanced features such as centralized print control, high-speed production, continuous operation and remote device monitoring maximize quality and productivity.
"We believe that the IKON CPP 8050, based on the Konica Minolta ColorForce 8050, is breakthrough technology that will transform this industry. The fact that IKON has decided to add this color system to its portfolio clearly demonstrates its 'best-in-class' value proposition," said Charles A. Pesko, Managing Director, CAP Ventures, Inc.
The IKON CPP 8050 features technology from leading manufacturers, including Konica Minolta for the color engine with Simitri(TM) polymerized toner for crisp text, smooth gradations and image stability and a Fiery controller from EFI to efficiently fulfill complex color applications and advanced document workflow. It is backed by IKON's comprehensive service and support offerings, including a team of professional services analysts that are dedicated to providing technical support and training.
Retailing at a $56,900 base-price including the Fiery controller, the IKON CPP 8050 is expected to begin shipping with limited availability in mid-November 2003, with full availability throughout the United States in early December 2003.
Press Release Source: IKON Office Solutions, Inc.
IKON Launches New Color Printing and Copying System to Meet Growing Demand for Color
Tuesday October 21, 9:29 am ET
IKON CPP(TM) 8050 Enhances IKON's Strong Portfolio of Color Product Offerings
VALLEY FORGE, Pa.--(BUSINESS WIRE)--Oct. 21, 2003-- IKON Office Solutions (NYSE:IKN - News), the world's largest independent distributor of document management products and services, today launched the IKON CPP 8050, a next-generation, high-speed digital color printing and copying system. With this new product offering, IKON is able to deliver enhanced color production level quality and speed at an affordable price point, while reaffirming its commitment to providing customers with the industry's strongest portfolio of color product offerings.
ADVERTISEMENT
The IKON CPP 8050 will assist IKON in meeting the growing demand for color printers and copiers-- an estimated $1.2 billion market in 2004 -- at a range of price points and speeds. With U.S. placements of color production segment units expected to grow in excess of 15 percent in 2004, the product strategically positions IKON to capitalize on this segment and builds on its existing color portfolio, which ranges from color-capable black-and-white devices for general office needs, to high-volume color production for graphic arts and centralized production needs.
"With the IKON CPP 8050, organizations can affordably leverage the power of color documents to differentiate themselves from competitors during these challenging economic times," said Cathy Lewis, senior vice president of marketing, IKON Office Solutions. "High-quality color documents can raise awareness, increase retention and elicit action, improving communications with customers, partners, suppliers and employees."
Co-branded with Konica Minolta for its color engine technology and Electronics for Imaging (EFI) with its high performance new Fiery S300 color controller, the IKON CPP 8050 offers powerful color management tools to help users generate consistent and accurate output. A compact design minimizes space requirements and cost, even in multi-unit installations, which makes it ideal for both production and departmental color copying and printing at 50 pages-per-minute. Enhanced media features and variable data technology enable streamlined job management and personalized printing, while advanced features such as centralized print control, high-speed production, continuous operation and remote device monitoring maximize quality and productivity.
"We believe that the IKON CPP 8050, based on the Konica Minolta ColorForce 8050, is breakthrough technology that will transform this industry. The fact that IKON has decided to add this color system to its portfolio clearly demonstrates its 'best-in-class' value proposition," said Charles A. Pesko, Managing Director, CAP Ventures, Inc.
The IKON CPP 8050 features technology from leading manufacturers, including Konica Minolta for the color engine with Simitri(TM) polymerized toner for crisp text, smooth gradations and image stability and a Fiery controller from EFI to efficiently fulfill complex color applications and advanced document workflow. It is backed by IKON's comprehensive service and support offerings, including a team of professional services analysts that are dedicated to providing technical support and training.
Retailing at a $56,900 base-price including the Fiery controller, the IKON CPP 8050 is expected to begin shipping with limited availability in mid-November 2003, with full availability throughout the United States in early December 2003.
Heres my take on this product, it will bomb.
The color copy market is goig downhill and fast. Retail of 56K for 50 ppm. Corporate color users will choose two high speed color lasers over this system day in and day out.
Top that off with the anticipated Ricoh release of a 50 ppm color printer in the next six months with an MSRP of under $10K.
Konica Minolta will be eating this one for sure.
The color copy market is goig downhill and fast. Retail of 56K for 50 ppm. Corporate color users will choose two high speed color lasers over this system day in and day out.
Top that off with the anticipated Ricoh release of a 50 ppm color printer in the next six months with an MSRP of under $10K.
Konica Minolta will be eating this one for sure.
In the Production Color environment it is going to go over great. It is going to give Canon a run for its money. If Ricoh is going to step up and be a player in the Color market, they are going to have to make a lot of improvements. In Business color environments they are okay but where quality is an issue, I struggle to sell them.
Same here, I do not sell the 3506, 4506 or 6513. They are taboo!
Art
Art
With extreemly aggressive service rates and a duty cycle of 150k per month (and unlike other manufacturers Konica has a history of meeting their spec) this product is going to kick out a great deal of production units, as well as a few creative units. Ricoh just is not a player in color beyond the printer. The 6513 is just the most recent in a series of failures in the mid space. As far as color printers, it is allways the cost per page and flexability that makes these limited.
One other thing, there will be more news on this unit and IKON which will have a very significant impact late in calendar Q1 04.
Would you happen to have a feel for what it could be in regards to?