The company expects to ship the parts and supplies under the order and
recognize revenue over the first two quarters of fiscal 2009. Delphax
provides full maintenance, consumables, spare parts and other support-related
services for the Imaggia presses under an existing service and supply contract
with
The Imaggia is the most advanced printing system with features and functionality aimed at the needs of the high-volume security-printing industry. With models that feature document throughput of 300 8.5x11-inch pages per minute, the Imaggia boasts the world's fastest digital sheet-fed capability.
About Delphax Technologies Inc.
Delphax Technologies Inc. is a global leader in the design, manufacture
and delivery of advanced digital print production systems based on its
patented electron-beam imaging (EBI) technology. Delphax digital presses
deliver industry-leading throughput for both roll-fed and cut-sheet printing
environments. These products are extremely versatile and handle a wide range
of substrates from ultra lightweight paper to heavy stock. Delphax provides
digital printing solutions to publishers, direct mailers and other printers
that require systems capable of supporting a wide range of commercial printing
applications. The company also licenses and manufactures EBI technology for
OEM partners that create differentiated product solutions for additional
markets. There are currently installations using Delphax EBI technology in
more than 50 countries worldwide. The company is headquartered in
Statements made in this news release concerning the company's or management's expectations about future results or events are "forward-looking statements." Such statements are necessarily subject to risks and uncertainties that could cause actual results to vary materially from stated expectations. Additional information concerning the factors that could cause actual results to differ materially from the company's current expectations is contained in the company's periodic filings with the Securities and Exchange Commission.
SOURCE Delphax Technologies Inc.