HP Inc. (NYSE: HPQ) and Smartpress, a web-to-print company
specializing in premium digital printing for corporate buyers and
creative professionals, today announced a multi-million dollar deal
for a fleet of HP Indigo’s most advanced commercial press, the HP
Indigo 12000 HD Digital Press.
The purchase of five high-definition HP Indigo 12000 HD digital
presses by the all-digital Smartpress significantly upgrades the HP
Indigo footprint at the site of Minnesota-based commercial printer,
as it sets to scale operations with higher automation and capacity.
All five presses are scheduled for installation by the end of
this month.
“Expanding and upgrading our HP Indigo fleet will allow us to
keep pace with our continued growth at Smartpress. And the addition
of the HD writing heads stays true to our motto of creating
brilliant print for our customers,” said Matt Hanson, President,
Smartpress.
The High Definition Imaging System for the B2-sized HP Indigo
12000 HD Digital Press doubles image resolution, providing a new
quality benchmark with sharper, smoother print for HP Indigo
LEP-technology based production. The press is also enabled for the
new HP Indigo HDFM screening technology1 to reach finer, moiré-free
print for increased detail in high-end commercial and photo
applications. Supporting the widest range of commercial print
applications in the industry, the HP Indigo 12000 HD Digital Press
is compatible with the industry’s widest variety of substrates up
to 29 inches, with the added capability to print sophisticated and
unlimited variable data and variable imagery.
“Indigo’s productivity will enable us to scale, provide quality
products to our customers quickly at a competitive cost, while the
versatility of substrates and applications helps us stay nimble,”
Hanson added.
Smartpress will also use the press HP Indigo One Shot capability
to print on synthetics for retail customers including signage and
loyalty cards, in addition to highly customized commercial
printing, posters, and direct mail.
“This sizeable investment in the new HP Indigo 12000 HD Digital
Press underscores the print industry’s preference for HP Indigo’s
LEP technology for high-quality printing that can exceed offset
quality but provide more versatility,” said Dave Prezzano,
vice president and general manager, Graphics Solutions Business,
Americas, HP Inc. “HP Indigo’s high-definition technology is a
game changer, playing an important part in the growing
transformation of the print industry from analog to digital
printing, offering a more profitable and sustainable solution for
printing.”
High efficiency on the HP Indigo 120000 HD is made possible by
the Automatic Alert Agent, performing real-time print quality error
detection while printing by highlighting inconsistencies
between the digital file and the printed sheet. In addition, the HP
Indigo Optimizer, the on-press assistant, uses an artificial
intelligence algorithm for non-stop printing.
Smartpress is also taking advantage of HP PrintOS Color Beat, a
fully automated color verification and monitoring tool continuously
driving color performance excellence to help customers make color a
competitive advantage. PrintOS is an ecosystem of cloud-based
applications for simplifying and automating production from order
to delivery for driving business growth with increased
productivity.
More than 800 units of the market-leading2 HP Indigo
29-inch format solution have been installed worldwide. HP Indigo B2
commercial printing technology offers digital printing of virtually
any commercial application, unique inks, specialty media, and
powerful variable data printing technology to increase engagement
through next-level customization.
About HP
HP Inc. creates technology that makes life better for everyone,
everywhere. Through our portfolio of printers, PCs, mobile devices,
solutions, and services, we engineer experiences that amaze. More
information about HP Inc. is available at http://www.hp.com.
(1) Scheduled for availability on the
HP Indigo 12000HD Digital Press in early 2019.
(2) According to IDC market share
data.
Forward-Looking StatementsThis news release
contains forward-looking statements that involve risks,
uncertainties and assumptions. If the risks or uncertainties ever
materialize or the assumptions prove incorrect, the results of HP
Inc. and its consolidated subsidiaries (“HP”) may differ materially
from those expressed or implied by such forward-looking statements
and assumptions. All statements other than statements of historical
fact are statements that could be deemed forward-looking
statements, including but not limited to any projections of net
revenue, margins, expenses, effective tax rates, net earnings, net
earnings per share, cash flows, benefit plan funding, deferred tax
assets, share repurchases, currency exchange rates or other
financial items; any projections of the amount, timing or impact of
cost savings or restructuring and other charges; any statements of
the plans, strategies and objectives of management for future
operations, including the execution of restructuring plans and any
resulting cost savings, revenue or profitability improvements; any
statements concerning the expected development, performance, market
share or competitive performance relating to products or services;
any statements regarding current or future macroeconomic trends or
events and the impact of those trends and events on HP and its
financial performance; any statements regarding pending
investigations, claims or disputes; any statements of expectation
or belief; and any statements of assumptions underlying any of the
foregoing. Risks, uncertainties and assumptions include the need to
address the many challenges facing HP’s businesses; the competitive
pressures faced by HP’s businesses; risks associated with executing
HP’s strategy; the impact of macroeconomic and geopolitical trends
and events; the need to manage third-party suppliers and the
distribution of HP’s products and the delivery of HP’s services
effectively; the protection of HP’s intellectual property assets,
including intellectual property licensed from third parties; risks
associated with HP’s international operations; the development and
transition of new products and services and the enhancement of
existing products and services to meet customer needs and respond
to emerging technological trends; the execution and performance of
contracts by HP and its suppliers, customers, clients and partners;
the hiring and retention of key employees; integration and other
risks associated with business combination and investment
transactions; the results of the restructuring plans, including
estimates and assumptions related to the cost (including any
possible disruption of HP’s business) and the anticipated benefits
of the restructuring plans; the resolution of pending
investigations, claims and disputes; and other risks that are
described in HP’s Annual Report on Form 10-K for the fiscal year
ended October 31, 2015, HP’s Quarterly Reports on Form 10-Q for the
fiscal quarters ended January 31, 2016, April 30, 2016 and July 31,
2016, and HP’s other filings with the Securities and Exchange
Commission. HP assumes no obligation and does not intend to update
these forward-looking statements. HP’s Investor Relations website
at http://www.hp.com/investor/home contains a significant amount of
information about HP, including financial and other information for
investors. HP encourages investors to visit its website from time
to time, as information is updated and new information is
posted.
© 2018 Hewlett-Packard Development Company LP. The information
contained herein is subject to change without notice. The only
warranties for HP Inc. products and services are set forth in the
express warranty statements accompanying such products and
services. Nothing herein should be construed as constituting an
additional warranty. HP Inc. shall not be liable for technical or
editorial errors or omissions contained herein.
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Kaitlyn Dierkes,
HPKaitlyn.m.dierkes@hp.com |
Mark Karayan, Edelman for
HP mark.karayan@edelman.com |
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Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/c8403e7f-36e0-496d-b683-229121cd4d99
http://www.globenewswire.com/NewsRoom/AttachmentNg/ff8fdff5-f1bb-4d08-8d6d-9d69e2ed9556
http://www.globenewswire.com/NewsRoom/AttachmentNg/1989a758-e22c-406c-87e8-839d24a125c3
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