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- In a press conference, Ricoh’s CEO, Shiro Kondo, announced it would invest $300 million to grow its global “Managed Document Services” infrastructure, designed to “aggressively accelerate its shift to a services business model”
- Desktop laser MFP causes fire. San Diego fire department reports that a house in Rancho Bernado had $400,000 in structural damage and $200,000 worth of furniture damage due to an overheating desktop MFP. The make and model was not released.
- Toshiba announced it won contract to supply railcar parts for transit systems in Washington DC and Chicago.
- Toshiba announced it won contact to help build a $1.2 billion solar plant in Bulgaria.
- Toshiba announced it is partnering with Rolls-Royce Group to bid on nuclear power plant project in Wylfa, England.
- Toshiba announced it won contract to provide two hydroelectric generators for hydro power plant in Guanyinyang, China.
- Samsung of South Korea announced it purchased Liquavista Corp. of the Netherlands, and plans to use the company’s technology to make electronic LCD bookreaders. (to compete with Amazon Kindle, Apple iPad, etc.)
- Fraser Advanced Information Systems, a Sharp/Canon/HP/Muratec/KIP dealer with locations in Pennsylvania, New Jersey and Delaware, announced it has acquired PennLantic Corp, a managed IT services provider in Pennsylvania. Purchase price not revealed.
- Punch of Belgium announced it sold a Xeikon 8000 production color system to Bradford & Bigelow, a print shop in Massachusetts which will use the digital color press to produce school text books.
- Marvell, which makes print controllers, has been served with a patent infringement lawsuit from Advanced Processor Technologies of Frisco, Texas over a computer memory management patent.
- Conexant, maker of print controllers, has an investor that launched a putative class action lawsuit to block the company’s proposed $284 million purchase by Standard Microsystems Corp., claiming that the deal is grossly unfair to shareholders.
- Perceptive Software, a division of Lexmark, announced that its imageNOW document management software can now be integrated with Napersoft Customer Communications Management software, which automates the creation of distribution of all types of documents.
- Computhink of Lombard, IL, announced version 7.0 of its ViewWise document management software, add support for Microsoft Windows 7 and Windows Server 2008R2.
- Okidata announced that its plant in Thailand won a Energy Service Company (ESCO) Project Award for proactive efforts to promote resource conservation.
- Van Gansewinkel Company of Germany announced the first 100% recycled office paper, claiming that no trees have to be cut down for manufacturing. It claims that Van Gansewinkel Office Paper:
o uses 83% less water when made
o requires 72% less electricity when made
o 53% reduction in carbon dioxide emissions when made
- ABBYY of Russia announced a new cloud based document management product, called ABBYY Online, and offers OCR, online dictionary & translation features.
-=Good Selling=-