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4-Traders Homepage  >  Equities  >  Nyse  >  Xerox Corp    XRX

Delayed Quote. Delayed  - 08/30 10:03:17 pm
9.81 USD   +1.24%
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Xerox Corporation : Xerox Waterless Print System: New Entry Point for High-speed Color Inkjet Market

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05/03/2012 | 02:45pm CEST

CiPress 325 delivers sharper image quality on low-cost plain paper

High-speed color inkjet devices continue to gain a foothold in the graphic communications market, and Xerox (NYSE: XRX) has unveiled a new option at drupa 2012 that delivers the technology to users who need sharp image quality at lower print volumes.

The Xerox CiPress™ 325 Production Inkjet System complements the company's CiPress 500 Production Inkjet System as the world's only high-speed waterless inkjet devices. Going waterless means commercial printers, direct marketing companies, service bureaus and in-plant operations can print quality, colorful images and graphics on low-cost, plain paper without ink soaking through.

For printers with lower average monthly page volumes, the twin-engine device makes it easier to enter the burgeoning high-speed inkjet market. CiPress 325 offers fast, high-volume production at 325 feet per minute (fpm)/100 meters per minute. It prints at 600x600 dpi resolution so marketing materials, transpromo jobs, catalogs and manuals come off the press in crisp, vivid color.

Features and benefits of the CiPress 325 include:

  • Upgradeable - Users can enhance the system from 325 fpm to 500 fpm through a software license, which increases productivity as page volume grows.
  • Fast processing - Xerox's FreeFlow® Print Server enhances productivity by handling complex variable jobs without sacrificing print speed. Users can configure their digital front engine to meet their job processing requirements.
  • Sustainability - Xerox's patented, granulated, resin-based ink formulation makes it simpler to deink prints for recycling. Xerox's approach received the highest deinkability rating - "Good" - from INGEDE, a group of leading European paper manufacturers representing the International Association of the Deinking Industry.

In addition to unveiling the new device, Xerox also enhanced its CiPress 500 Production Inkjet System with an ink optimization mode. Users can reduce the amount of ink coverage on pages that have more text and fewer graphics, such as transactional pieces.

Xerox's high-speed inkjet technology will be on display at drupa 2012, May 3-16, Dusseldorf, Germany.

Availability

The CiPress 325 will be globally available in the second half of 2012.

About Xerox

With sales approaching $23 billion, Xerox (NYSE: XRX) is the world's leading enterprise for business process and document management. Its technology, expertise and services enable workplaces - from small businesses to large global enterprises - to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.

Note: To receive RSS news feeds, visit http://news.xerox.com/pr/xerox/rss.aspx. For open commentary, industry perspectives and views visit http://twitter.com/xeroxcorp, http://realbusinessatxerox.blogs.xerox.com, http://www.facebook.com/XeroxCorp, http://www.youtube.com/XeroxCorp and http://www.twitter.com/xeroxoffice.

XEROX®, XEROX and Design®, CiPress™, and FreeFlow® are trademarks of Xerox in the United States and/or other countries.

Prices, features, specifications, capabilities, appearance and availability of Xerox products and services are subject to change without notice.

Xerox
May 3 ? 9 at drupa
Patti Quinn, +1-585-298-6193 (mobile)
patti.quinn@xerox.com
or
Text 100 for Xerox
Nicole Pavlas, +1-585-697-2620
nicole.pavlas@text100.com


© Business Wire 2012
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Financials ($)
Sales 2016 17 549 M
EBIT 2016 1 586 M
Net income 2016 697 M
Debt 2016 5 638 M
Yield 2016 3,20%
P/E ratio 2016 17,54
P/E ratio 2017 14,72
EV / Sales 2016 0,88x
EV / Sales 2017 0,87x
Capitalization 9 819 M
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Mean consensus HOLD
Number of Analysts 13
Average target price 11,2 $
Spread / Average Target 15%
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NameTitle
Ursula M. Burns Chairman & Chief Executive Officer
Hervé Tessler President-Corporate Operations & Senior VP
Leslie F. Varon Chief Financial Officer & VP-Investor Relations
Sophie V. Vandebroek CTO & President-Xerox Innovation Group
Stephen Little Chief Information Officer & Vice President
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