3 July 2005
Xaar plc (“Xaar”), the inkjet printing technology group headquartered in Cambridge, and Impika SA (“Impika”) of Aubagne, France are pleased to announce a joint agreement for the provision of integration services for Xaar printheads and other products.
Under the agreement both parties will co-operate to provide complete turnkey solutions for clients wishing to use Xaar technology for their production processes, to open up new applications and create bespoke solutions. Impika has long experience with inkjet, including its application to the printing of plastic and smart cards, packaging, labelling as well as special applications for printing on CDs, glass and metal. Impika is also developing solutions based on its material jetting technology for microelectronics and biomedical applications.
Nigel Berry, Deputy CEO of Xaar commented: “I am very pleased to announce this relationship with Impika. We previously stated our intention to partner with a small number of high quality integrators which can offer existing and potential users of our technology a complete package of integration skills and bespoke equipment. We have known the team at Impika for some time now and have been impressed by their standards and innovation. I look forward to working with them on future projects.”
Paul Morgavi, Impika's CEO said:“Xaar is a great partner for us and we are already forming strong links with their technical and marketing teams. There is a clear synergy between Xaar and Impika with both parties introducing new markets into the joint relationship. Last year we introduced our C9000 product based on Xaar’s Leopard printhead and we are working on various projects for adapting our IPS print engine to the next generation of Xaar printheads, like the OmniDot and HSS. Full commercial release of these products is anticipated later this year or early next year."
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 Impika: Created in March 2003 as a spin-out from Gemplus, Impika is headquartered at Aubagne in the south of France. Impika offers high-performance industrial printing and material jetting solutions using inkjet technology; it currently has 37 employees. Impika designs, develops, implements and markets hardware and software solutions, as well as the required engineering as regards ink and material jetting, for industrial applications including digital printing, microelectronics and biotechnologies. Additional information about Impika is available at www.impika.com.
CONTACTS
Xaar plc: 01223-423663
Ian Dinwoodie, Chief Executive
Nigel Berry, Group Finance Director & Deputy Chief Executive
www.xaar.co.uk
Impika: +33 (0)4 42 62 43 00
Paul Morgavi, CEO
www.impika.com
Bankside Consultants: 020-7444-4163 / 07802-888159
Steve Liebmann
For more information, please contact
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