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Technology Stocks : HWP -- Hewlett Packard -- Ignore unavailable to you. Want to Upgrade?

To: DWW II who wrote (1920)	3/10/1998 4:54:00 AM
From: Icebrg	Read Replies (1) \| Respond to of 4722

Sorry, I have not really figured out how to post a message to myself, so I had to use this thread to post this note regarding Array printer and their TonerJet technology. The development of TonerJet should be of interest to people following HWP. The Swedish company Array Printers announced yesterday, that they have come so far in the development of their color printing technology, Tonerjet, that they are now going to change their main focus from the development of Tonerjet to the commercialization of this technology. Array a year ago concluded cooperative Research and Development agreements with three major Japanese manufacturers - two of them being identified as Minolta and Panasonic. In December 1997 the conclusion of a license agreement with Minolta was announced. The capacity foreseen for computer printers using the new technology is for prints being produced at 10 - 12 ppm at 600 DPI. The price of the printer is expected at around USD 2.000. Although computer printers have been the main focus for the new print engine, the technology is also suitable for copy and fax machines. Array Printers are not going to establish themselves as an office equipment manufacturer, but will instead license the Tonerjet technology to interested parties. According to Array the first printers utilizing the technology should be available towards the end of 1999. As HP is a major (if not the major) player in the computer printer market, it would be interesting to have some comments from a US perspective on the likely impact of this new technology.