25th Apr 2005 07:01
Xaar PLC25 April 2005 FOR IMMEDIATE RELEASE 25 April 2005 Xaar plc iTi CORP NOMINATED AS PREFERRED INTEGRATION PARTNER FOR INDUSTRIAL INKJET APPLICATIONS Xaar plc ("Xaar"), the inkjet printing technology group headquartered inCambridge, has extended its relationship with imaging Technology internationalCorporation ("iTi Corp" or "iTi") of Boulder, Colorado, USA, with the nominationof iTi as a preferred integration partner for industrial inkjet applications.The initial collaboration between Xaar and iTi was announced on 2 September2004. Together, iTi and Xaar are integrating Xaar printheads and other products fordeveloping markets including printed electronics, packaging and biomedical.Both parties will cooperate to provide complete industrial solutions for clientswanting to use Xaar's printhead technology and iTi's inkjet based productionsystems in their manufacturing and packaging processes. iTi has developed arange of equipment for these and other markets aimed at both early stageresearch and full commercial production. Commenting on the new agreement, Nigel Berry, Deputy CEO of Xaar said: "I ampleased to announce this extended collaboration with the team at iTi and towelcome them as a preferred integration partner. They have a long experience ofdeveloping and integrating inkjet into new markets and currently offer a strongrange of innovative equipment for new and existing inkjet users. "The extended relationship forms part of our strategy of building a strongnetwork of integrators which will accelerate the rate of adoption of Xaar'sinkjet technology by these new markets." Bruce Morgan, CEO of iTi said: "While inkjet has long dominated home and officeprinting markets, it has only recently been adopted by leading manufacturers asa transformational production technology. Inkjet enables digital workflow intraditionally analogue production processes in markets such as printableelectronics and industrial packaging. The collaboration with Xaar will allow usto provide customers with cutting edge digital manufacturing and packagingsolutions on an accelerated basis." About Xaar Xaar plc is a market-leading inkjet technology company. It targets the world'sindustrial, commercial and office printing markets. The industrial andcommercial printing markets are targeted by Xaar's own range of inkjet productsin conjunction with partners and other key players in those markets; the officeprinting market is approached through Xaar's strong list of licensees.Additional information about Xaar is available at www.xaar.co.uk. About iTi Corp iTi is an established leader in industrial inkjet applications, with a 13-yeartrack record of engineering, developing, and manufacturing industrial inkjetdeposition and printing solutions. iTi also offers a comprehensive range ofinkjet development tools, including the XY Materials Deposition System, InkjetWeb Press and Drop Watcher product families. iTi's customers include leadingprint head suppliers, ink manufacturers, and industrial inkjet users.Information about iTi is available at www.imagingtechnology-corp.com, or E-mail:[email protected]. Contacts Xaar plc: 01223-423663Ian Dinwoodie, Chief Executive www.xaar.co.ukNigel Berry, Group Finance Director & Deputy Chief Executive Bankside Consultants:Steve Liebmann 020-7444-4163 / 07802-888159 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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