- Pitney Bowes announced that Patrick Keddy, Executive VP and President, will retire at end of year.
- Hewlett Packard announced it sold an Indigo W7200 production color system to Schmidt Printing of Byron, Minnesota.
- Adobe Corp. reported it first billion dollar quarter. In the fourth quarter of fiscal 2010, Adobe achieved record revenue of $1.008 billion.
- Brother announced a new promotion where customers who buy replacement ink cartridges get a free music download from EMI.
- Fuji, maker of most Xerox copiers, announced that future models will have “Smart Power Saving Technology”, where power will provided on an as needed basis. For example, if end user is scanning, then power is not supplied to print engine to save electricity.
- Impact of proposed new leasing rules studied. PricewaterhouseCoopers stated that it conducted a survey of the impact of proposed new rules that would do away with off-balance-sheet accounting for equipment leases. The study revealed that 24% of companies surveyed would experience an increase in debt of over 25%.
- Kyocera (aka Kyoto Ceramic Company) announced the following awards won:
o BLI stated that test of FS-1320D and FS-1370DN b/w laser printers delivered “flawless” reliability
o Industry Analysts Inc. gave “most reliable” rating to TASKalfa 250ci and TASKalfa 300ci color laser MFPs
o BERTL gave “Outstanding” ratings to FS-C2125MFP and FS-3140MFP
- Kyocera announced it now offers an embedded/panel integration HyPAS connector for docSTAR Eclipse document management system.
- Office Products Analyst Inc. stated that in a recent survey of 232 printshop owners:
o Kodak NexPress production color systems were rated the most reliable
o Sharp b/w MFPs (not production units) were rated most reliable
o Canon products were least reliable.
- Canon apparently is planning on selling a LCD manufacturing division to Hon Hai Precision Industry Co. of Taiwan (aka Foxconn) for $1.2 billion.
- Canon announced it plans on buying controlling interest in Altair Nanotechnologies Inc. of Reno, NV, which makes lithium ion electrical energy storage systems.
- A new survey conducted by Lexmark finds that 7 out of 10 offices workers that have access to wireless connection to their printers do not use it, due to connectivity and security issues.
- According to Contextworld, the best selling desktop color laser printer in the world is the Samsung CLP-315, beating out the HP Color LaserJet CP2025n by twice as many sales.
-=Good Selling=-
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