Press Release Source: Presstek, Inc.
Presstek and Xerox End Distribution Agreement for DocuColor DI Presses
Tuesday March 11, 4:13 pm ET
HUDSON, N.H. and ROCHESTER, N.Y., March 11 /PRNewswire-FirstCall/ -- Presstek, Inc. (Nasdaq: PRST - News), and Xerox Corporation (NYSE: XRX - News) today announced that Xerox will no longer sell the DocuColor 233 DI-4, DocuColor 400 DI-4 and DocuColor 400 DI-5 presses and related consumables, all of which had been sourced through Presstek. Order-taking for the products will end immediately.
Xerox customers are being notified that Presstek will continue to provide consumables and make service available for the current installed base of Xerox DocuColor DI presses.
Xerox said it is exiting the market for direct-imaging presses, which use traditional offset inks, to concentrate on its core business of dry-ink-based digital printing. Xerox will continue its strong focus on the graphic arts market with its line of DocuColor digital printers and presses, including the Xerox DocuColor iGen3 Digital Production Press.
Presstek, Inc. is a leading developer of digital laser imaging and chemistry-free plate technologies for the printing and graphic arts industries. Marketed to world-leading press manufacturers and directly to end users, Presstek's patented DI®, CTP and plate products eliminate photographic darkrooms, film and toxic processing chemicals, reduce the printing turnaround time and lower the production costs. The company's Lasertel subsidiary supplies it with the valuable resources necessary for its next generation laser imaging devices. For more information on Presstek, visit www.presstek.com, call 603-595-7000 or email: marketing@presstek.com.
Xerox Corporation offers an array of innovative document solutions, services and systems -- including color and black-and-white printers, digital presses, multifunction devices and digital copiers -- designed for offices and production-printing environments. It also offers associated supplies, software and support. For more information about Xerox products, call 1-800-ASK XEROX or visit www.xerox.com.
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