20th Nov 2018 10:18
LONDON (Alliance News) - Industrial inkjet printer firm Xaar PLC said Tuesday two new original equipment manufacturers have adopted its technology.
France's Kelenn Technology and Neos, led by Italian ceramics industry veteran Vincenzo Palumbo, have both adopted the Xaar 5601 Thin Film print head.
Neos will be using the Xaar 5601 to "drive its product development for new markets, including the packaging and decor markets" whilst Kelenn will use it in its latest document duplex printing system.
No further financial details were specified.
"We are delighted to make these announcements which demonstrate the attractiveness of the Xaar 5601 printhead to OEMs working across a number of different industry sectors," Xaar Chief Executive Officer Doug Edwards said. "In both cases, the printhead was selected for its exceptional performance and because it addresses some essential end user requirements."
Shares in Xaar were 0.1% higher at 151.20 pence on Tuesday.
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