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Company Press Release
Source: LaserMaster Technologies, Inc.
LaserMaster Announces Family of HiRes 8-Color Printers
Prints up to 62-inches Wide and with up to 1200 dpi Resolution
MINNEAPOLIS, Sept. 3 /PRNewswire/ -- LASERMASTER TECHNOLOGIES, INC. (Nasdaq:LMTS) today announced that its primary operating subsidiary, ColorSpan Corporation, has released a new family of HiRes 8-Color printers that combine the quality and increased color gamut of their popular DesignWinder(R) HiRes 8-Color printer with the features of widely-accepted roll-fed inkjet printers. These new inkjet printers will be announced at Print '97 at McCormick Center in Chicago, September 3-10, 1997. Print '97 is expected to draw over 250,000 graphics communications, printing and publishing professionals from around the world.
Designed and manufactured by ColorSpan, the DisplayMaker(R) HiRes 8-Color series printers include eight inkjet print heads using ColorSpan multi-density inks that simulate continuous tone printing with an apparent 1200 dpi image resolution.
Marketed as the DisplayMaker HiRes 8-Color Series, this family of printers includes three models: DisplayMaker 4000 for 42 inch wide prints, DisplayMaker 5000 for prints up to 52 inches wide, and DisplayMaker 6000 for prints up to 62 inches wide.
Mel Masters, LMT Chief Executive Officer, stated, ``The DisplayMaker HiRes 8-Color series of products represents a new milestone in continuing our technological leadership in the wide-format printing market. With three new DisplayMaker models, we now have a complete line of products for wide-format printing needs. No other company offers precision image quality this high coupled with features such as AutoSet(TM) calibration, AutoJet(TM) mapping, and AutoInk(TM) swapping between dye-based and pigmented ink modes. These features are designed to optimize printing performance in an unattended environment.'' Masters added, ``With the release of these products, we have combined the best of both worlds - precision HiRes 8-Color output and roll-fed media handling with a host of automatic features for high volume and low cost production.''
The high speed, high resolution and low cost of operation of the DisplayMaker HiRes 8-Color series of printers make them ideal printers for service bureaus, sign makers, photo labs and other service providers that produce signs, photos and digital fine art. Other users will include advertising and design agencies, exhibit and display houses, and in-house graphic arts and marketing departments.
The new DisplayMaker HiRes 8-Color series is expected to begin shipping in October and is available for immediate ordering through an international network of resellers and distributors with demonstration sites around the world. Prices are $17,995 (USSL) for the DisplayMaker 4000; $21,995 for the DisplayMaker 5000; and $27,995 for the DisplayMaker 6000.
LMT designs, manufactures and markets fast, large-format digital color printers, Personal FilmSetters, plain-paper typesetters, and direct-to-plate printing systems for graphic arts, prepress, and desktop publishing professionals. The Company distinguishes its product line with proprietary software and hardware engineering, including the company's patented TurboRes(R) and ThermalRes(R) resolution-enhancement technologies, SmoothTone(TM) image-enhancement technology, patented Big Ink(TM) Delivery System and ColorMark(TM) color management software. The Company supplies specialty and coated media for wide-format printing by utilizing integrated supply chain management.
Additional information on LMT and its products may be found on the World Wide Web at lasermaster.com . Information about ColorSpan and its products is available at colorspan.com .
LaserMaster Technologies, Inc. desires to take advantage of the ``safe harbor'' provisions contained in the Private Securities Litigation Reform Act of 1995 (the ``Act''). Contained in this press release are statements which are intended as ``forward-looking statements'' within the meaning of the Act. The words or phrases ``expects'', ``will continue'', ``should'', ``is anticipated'', ``management believes'', ``estimate'', ``projects'', ``hope'' or expressions of a similar nature denote forward-looking statements. Those statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or from those results presently anticipated or projected. The Company wishes to caution readers not to place undue reliance on forward-looking statements. Readers should also be advised that the factors listed below have affected the Company's performance in the past and could affect future performance. Those factors include, but are not limited to, the risk that a product may not ship when expected or may contain technical difficulties; demand for new or existing products; the impact of competitor's advertising, products or pricing; availability of component parts, including sole source parts; manufacturing limitations; availability of sources of financing; economic developments both domestically and internationally; and the Company's accounting practices.
SOURCE: LaserMaster Technologies, Inc.
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