Imaging Technologies Announces Agreement With IKON Office Solutions
SAN DIEGO--(BUSINESS WIRE)--Sept. 24, 1999--
Worldwide Office Technology Products Company Will Sell ITEC's New ColorBlind Matchbox All-in-One
Color Matching Package
Imaging Technologies Corp., pioneer in the development of digital imaging solutions, announced today that IKON Office Solutions (NYSE:IKN) will begin selling ITEC's ColorBlind Matchbox Color Matching System through its Business Services Division.
IKON will offer ColorBlind Matchbox for sale with color copiers as well as in their regular office product sales channels. ColorBlind Matchbox is the first all-in-one ICC/ColorSync compatible color-matching package selling for under $1000.
Matchbox integrates ITEC's award winning ColorBlind Color Management software with a precision colorimeter (color measuring instrument) so users can create ICC profiles for any color device, view images using profiles, and edit profiles to adjust color reproduction for consistent and accurate rendering.
"IKON's vast international channels open up opportunities for ColorBlind Color Management technology outside of ITEC's traditional graphic arts and publishing markets," said Brian Bonar, chief executive officer of Imaging Technologies. "ColorBlind Matchbox gives IKON's customers unprecedented control over their color output, that should make IKON and their customers very happy."
ColorBlind Matchbox system was chosen by the Editors of Seybold Publications as one of their "Hot Picks" for the Seybold Seminars Boston/Publishing 99 trade fair.
About IKON Office Solutions Inc.
IKON Office Solutions Inc. (www.ikon.com) is one of the world's leading office technology companies, providing customers with total office solutions from copier and printing systems, computer networking and digital document services to copy center management, technology training and electronic file conversion. With fiscal 1998 revenues of more than $5.6 billion, IKON has more than 1,000 locations in the United States, Canada, Mexico, the United Kingdom, France, Germany and Denmark.
About Imaging Technologies Corp.
Imaging Technologies Corp. (Nasdaq:ITEC) is a worldwide pioneer in the development, manufacturing, licensing and distribution of high-quality digital imaging solutions. Founded in 1982 and headquartered in San Diego, the company produces imaging products for diverse market segments.
Beginning with a core technology in the design and development of Adobe(R) PostScript(R) controllers for non-impact printers and multi-function peripherals, the company has expanded its product offerings to include monochrome and color printers, printer controllers, external print servers, and software to improve the accuracy of color reproduction. Information on the company is available at the ITEC Web site at www.itec.net.
Forward-Looking Statements
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the company's future capital needs, the lack of market demand for any new or enhanced products the company may develop, any actions by the company's partners that may be adverse to the company, the success of competitive products, other economic factors affecting the company and its markets, seasonal changes, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The company disclaims any obligation to update any statements in this press release.
CONTACT:
ITEC Inc.
Philip Englund, 619/613-1300, 619/613-1311(fax)
Penglund@itec.net
KEYWORD: CALIFORNIA
BW1333 SEP 24,1999
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