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Non-Tech : ITEC (formerly PCPK) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (63)	5/14/1998 10:26:00 AM
From: Turboe	Read Replies (1) \| Respond to of 82

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 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com