NEWS!
BusinessWire, Thursday, May 14, 1998 at 09:56
SAN DIEGO--(BUSINESS WIRE)--May 14, 1998--Imaging Technologies
Corp. (NASDAQ:ITEC), pioneer in the development of high-quality
digital imaging solutions, today announced the release of the first of
its new generation of LaserImage(R) Adobe(R) PostScript(R) digital
printer controllers.
This LaserImage 4000 controller is being incorporated into Korean
peripheral manufacturer Elex Tech's Laser Station 2460 monochrome
printer. The Engineering division of ITEC, formerly know as PCPI
Technologies, developed the LaserImage family of controllers for the
mid-range color and monochrome printer market.
"This is the first ITEC product developed and fully localized for
an Asia Pacific market," said Brian Bonar, chief executive officer of
Imaging Technologies. "It is just one of a range of next generation
Adobe PostScript controllers we anticipate will be released this
year."
"This product release represents a number of firsts for ITEC,"
said Joe Pfeuffer, vice president of Engineering. "This is our first
Adobe PostScript controller which incorporates our new generation
off-the-shelf NEC VR4300-based design. It is our first controller to
utilize XLI Image Enhancement, which can boost overall image
resolution from 600 dpi to 1200 dpi on a standard 600 dpi engine. It
is also our first product to incorporate double byte technology, which
is needed to support Hangul, the Korean alphabet, Kanji and other
Asian-language characters."
Elex Tech's Laser Station 2460 monochrome printer is the newest
line of digital printers developed by Elex Tech and localized for the
Korean office market. The Laser Station 2460 features 24 page per
minute output and can print at up to 1200 dpi resolution. It also
provides full support for Hangul and Korean printer emulations. The
Laser Station 2460 will immediately begin shipping throughout Korea,
selling for approximately US $3500. Elex Tech is one of Korea's
leading manufacturers of computer peripherals.
The LaserImage 4000 features Adobe PostScript Level 2 and a
versatile architecture to enable this controller to satisfy the
requirements of a variety of monochrome and color printer
configurations with limited modification. The LaserImage controller
boards for the Elex Tech Printer will be manufactured by ITEC in the
United States. Final assembly and shipment will take place at Elex
Tech's manufacturing plant in Seoul.
About Imaging Technologies Corp.
Imaging Technologies Corp. is a worldwide pioneer in the
development, manufacturing, licensing and distribution of high-quality
digital imaging solutions. Founded in 1982 and with headquarters in
San Diego, the company designs and produces products for a diverse
range of imaging technology market segments.
Beginning with a core technology in the design and development of
Adobe PostScript controllers for non-impact printers and multifunction
peripherals, the company has expanded its product offerings to include
monochrome and color printers, digital image storage devices and
software to improve the accuracy of color reproduction. Organized
around interrelated operating divisions, ITEC has evolved a family of
technologically advanced imaging products. News and information are
available at the ITEC web site at www.imagetechcorp.com.
LaserImage(R) is a registered trademark of Imaging Technologies
Corp. Adobe(R) and Adobe(R) PostScript(R) are registered trademarks of
Adobe Systems Inc. All other tradenames and registered trademarks
contained within this publication are the property of their respective
owners.
This press release contains forward-looking statements regarding
Imaging Technologies Corp. and its future sales-related activities.
Actual results could differ materially from those described or implied
in this press release as a result of a number of factors. These
include, but are not limited to, the future growth of these markets,
any adverse actions by the company's partners, competitive products,
other economic factors affecting the company's markets, the degree of
acceptance that new products achieve, and seasonal changes. Readers
are referred to public documents filed by Imaging Technologies Corp.
with the Securities and Exchange Commission which identify important
risk factors that could cause actual results to differ from those
contained in any forward-looking statements.
CONTACT: Imaging Technologies Corporation
Bruce E. Ahern, 619/613-1300
bahern@imagetechcorp.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PRODUCT
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