3 July 2005
Xaar plc (“Xaar”), the inkjet printing technology group headquartered in Cambridge, has extended its relationship with imaging Technology international Corporation (“iTi Corp” or “iTi”) of Boulder, Colorado, USA, with the nomination of iTi as a preferred integration partner for industrial inkjet applications. The initial collaboration between Xaar and iTi was announced on 2 September 2004.
Together, iTi and Xaar are integrating Xaar printheads and other products for developing markets including printed electronics, packaging and biomedical. Both parties will cooperate to provide complete industrial solutions for clients wanting to use Xaar’s printhead technology and iTi’s inkjet based production systems in their manufacturing and packaging processes. iTi has developed a range of equipment for these and other markets aimed at both early stage research and full commercial production.
Commenting on the new agreement, Nigel Berry, Deputy CEO of Xaar said: “I am pleased to announce this extended collaboration with the team at iTi and to welcome them as a preferred integration partner. They have a long experience of developing and integrating inkjet into new markets and currently offer a strong range of innovative equipment for new and existing inkjet users.
“The extended relationship forms part of our strategy of building a strong network of integrators which will accelerate the rate of adoption of Xaar’s inkjet technology by these new markets.”
Bruce Morgan, CEO of iTi said: “While inkjet has long dominated home and office printing markets, it has only recently been adopted by leading manufacturers as a transformational production technology. Inkjet enables digital workflow in traditionally analogue production processes in markets such as printable electronics and industrial packaging. The collaboration with Xaar will allow us to provide customers with cutting edge digital manufacturing and packaging solutions on an accelerated basis.”
About Xaar
Xaar plc is a market-leading inkjet technology company. It targets the world’s industrial, commercial and office printing markets. The industrial and commercial printing markets are targeted by Xaar’s own range of inkjet products in conjunction with partners and other key players in those markets; the office printing 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-year track record of engineering, developing, and manufacturing industrial inkjet deposition and printing solutions. iTi also offers a comprehensive range of inkjet development tools, including the XY Materials Deposition System, Inkjet Web Press and Drop Watcher product families. iTi’s customers include leading print head suppliers, ink manufacturers, and industrial inkjet users.
Contacts
Xaar plc:
01223- 423663
www.xaar.co.uk
Ian Dinwoodie, Chief Executive
Nigel Berry, Group Finance Director & Deputy Chief Executive
Bankside Consultants:
Steve Liebmann
020-7444-4163 / 07802- 888159
Alex Challinor, Xaar plc
T: +44 (0)1223 423663
achallinor@xaar.co.uk
www.xaar.co.uk
Laura French
T: +44 (0)1372 464470
lfrench@adcomms.co.uk
For more information, please contact: