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International Digital Technology, Inc. Shares Listed for Trading VISTA, Calif., July 21 /PRNewswire/ -- International Digital Technology, Inc. (OTC Bulletin Board: IDTX - news), a leading designer, integrator, and marketer of sophisticated large format digital printing software and systems, is pleased to announce that as of June 30, 1998 its common shares are trading on the OTC Bulletin Board. International Digital Technology, Inc.'s (''IDT'' or the ''Company'') software provides the leading solution in wide format imaging for ''scan and print'' applications. IDT offers customers a one-stop, wide format, print management system. The company integrates computer, wide format ink-jet printer and scanner equipment, with IDT's own proprietary wide format, one-time scan and print, digital color management software known as the IDT Imaging Software. The end result is an integrated system that provides a ''plug and play'' wide format print solution that allows for one-step digital scanning and fast printing on surfaces of up to 60'' wide and almost any length. The ''print on demand'' market is expected to double by the year 2000. This general increase in digital printing, which forms less than 1O% of today's US$70 billion North American printing industry, is also causing related market niches, such as large format color printing, to experience accelerated growth. IT Strategies of Hanover, Maryland indicated in their 1996 Wide Format Digital Color Printing industry report that the public market will spend approximately US$18 billion on purchasing printed and finished wide format digital color graphics output by the year 2000. IT Strategies also indicates that currently the retail value of the market as regards to signs, posters and banners is approximately US$9.7 billion and will grow at an annual rate of 40%. The Company's management and sales force is among the most experienced in the industry and have collectively sold over 2000 wide format printers or nearly 1O% of the total installed base in the United States. SOURCE: International Digital Technology More Quotes and News: International Digital Technologies Inc (OTC BB:IDTX - news) Related News Categories: computers | ||||||||||||
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