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DELPHAX ANNOUNCES SALE OF IMAGGIA IM300 TO D+H
Canada's leading check program provider adds to digital production capability
MINNEAPOLIS, Feb. 8, 2012-Delphax Technologies Inc. (Pink
Sheets:DLPX.PK), a global provider of high-speed digital
printing equipment, today announced the sale of an Imaggia
IM300 digital print system to D+H Limited Partnership (TSX:
DH), a leading payments and lending solutions provider to the
North American financial services industry. As Canada's
largest check program provider, D+H has been a major user of
Imaggia systems purchased over a 13-year period.
The Imaggia IM300 is the most advanced security printing
system of its type, combining the cost-effective advantages
of digital technology with industry-leading Magnetic Ink
Character Recognition (MICR) production capability. Using
Delphax's patented electron-beam imaging technology, the
system is the world's fastest toner-based digital
MICR-capable sheet-fed printer with document throughput of
300 pages per minute.
"D+H was among the first of the major check producers to
recognize the superior efficiency and productivity offered by
the Imaggia's high-speed digital print capabilities," said
Dieter Schilling, Delphax president and chief executive
officer. "Our customers in total have logged over 15 billion
feet of output since the system's introduction-approximately
186 billion high-quality printed checks meeting the highest
worldwide standards for MICR encoded, secure documents. D+H
has been a major contributor to that total."
"Since our initial purchase in 1998, D+H has assembled a
fleet of Imaggia systems at our Markham, Ontario, and
Longueuil, Quebec, facilities to support ongoing improvements
in productivity and workflow management," said Yves Denomme,
D+H executive vice president, operations. "The Imaggia
system, along with Delphax Technologies' customer support,
continues to meet our expectations as we strive to grow in
the ever increasingly competitive financial services
industry."
The Imaggia sheet-fed platform is ideal for applications that
require multiple base stock sources or variable overprint on
pre-printed stock. All of Delphax's cut-sheet solutions offer
dynamic input collation to handle paper substrates of varying
sizes, weights, and finishes.
About D+H Limited Partnership
Founded in 1875, Davis + Henderson provides innovative
programs, technology products, and technology based business
services to customers in the financial services industry who
offer deposit, lending, insurance and wealth management
products to consumers and businesses. Davis + Henderson
Corporation is listed on
the Toronto Stock Exchange under the symbol DH. Further
information can be found in the disclosure documents filed by
D+H Limited Partnership with the securities regulatory
authorities, available at
www.sedar.com.
About Delphax Technologies Inc.
Delphax Technologies Inc. is a global leader in the design,
manufacture and delivery of advanced digital
print production systems. For more than 30 years, Delphax has
pioneered high-speed digital imaging innovations that improve
throughput and enhance efficiencies for publishers, direct
marketers and other
commercial print customers where cost and quality are
important. The Delphax portfolio includes
specialized full color inkjet or monochrome inkjet and toner
technologies that are ideal for a wide range of applications
over a broad spectrum of substrates from ultra-lightweight
paper to heavy stock in both roll-fed and cut-sheet print
environments. Delphax is headquartered in Minneapolis, with
subsidiaries in Canada, the
-more-
C R E A T I N G N E W P O S S I B I L I T I E S T H R O U G H D I G I T A L I M A G I N G T E C H N O L O G Y6100 West 110th Street • Bloomington, MN 55438 • Phone: 952.939.9000 • Fax: 952.939.1151 • Website: www.delphax.com
NEWS RELEASEFOR IMMEDIATE DISTRIBUTION
United Kingdom and France. The company's common stock is
currently quoted over the counter under the symbol DLPX.PK.
Additional information is available on the company's website
at www.delphax.com.
# # #
CONTACTS:
Gregory S. Furness Sanja Wallace
Chief Financial Officer Director, Product Management
(952) 939-9000 -
gfurness@delphax.com (952)
939-9000 - swallace@delphax.com
6100 West 110th Street • Bloomington, MN 55438 • Phone: 952.939.9000 • Fax: 952.939.1151 • Website: www.delphax.com
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