News Releases

Contact : Jeanne Talbot

Lexmark International, Inc. (NYSE: LXK) today introduced two new personal monochrome laser printers that bring enhanced performance and affordability to the personal printer market category. The Lexmark E321 and E323 are business-class devices that are perfect for space-critical personal printing.

Making them attractive to large enterprises, small and medium businesses, and high-volume home users, both of the new Lexmark printers offer such desirable attributes as:

• Compelling price/performance
  – both the Lexmark E321 and E323 offer tremendous value at their price points.
  
  
• Low total cost of ownership
  – with low acquisition prices and competitive costs per page, these devices are extremely affordable to purchase, use and maintain.
  
  
• Easy office integration
  – new design and black color scheme complement the new generation of desktop systems.
  
  
• High-quality output
  – 1,200 ImageQuality output produces crisp text and graphics, ensuring that business documents project a professional image.
  
  
• User friendly
  – both compact devices install quickly, offer an optional paper tray and have easy-to-replace toner cartridges.

“With the introduction of the Lexmark E321 and E323, we’ve positioned ourselves very competitively in a large and attractive market,” said Paul Rooke, Lexmark executive vice president and president of its Printing Solutions and Services Division. “These printers deliver excellent performance at the appealing price points of personal printers – making the Lexmark E321 and E323 strong options for every environment, from homes to small businesses to large enterprises.”

The Lexmark E321 and E323 replace the Lexmark E320 and E322 respectively. In both cases, the upgraded model offers faster output speeds, faster processors, a quick time to first print and more memory.

Lexmark E321
The Lexmark E321 is an affordable, high-performance laser printer for personal and business applications. It’s a small printer with a small price, but it will have a big impact on the personal mono laser market because of its value proposition. Available immediately for just $299 – the Lexmark E321 is the first sub-$300 laser printer with a rated print speed of up to 20 pages per minute. Additionally, the Lexmark E321 printer includes a 100 MHz processor, 8 MB of memory, and has a time to first print rating of less than 10 seconds.

Lexmark E323 and E323n
The Lexmark E323 is a powerful, compact, desktop laser printer that expands with the user’s needs. The E323 includes a 200 MHz processor, 16MB of memory and PostScript level 3 support. This printer is available immediately and sells for just $399. The Lexmark E323n offers internal networking capability for $599.

More detailed information about the Lexmark E321 and E323 can be found at www.lexmark.com/US/solutions/business/. For a full listing of authorized Lexmark solution providers, visit www.lexmark.com/US/products/catalog.

About Lexmark
Lexmark International, Inc. is a leading developer, manufacturer and supplier of printing solutions -- including laser and inkjet printers, multifunction products, associated supplies and services -- for offices and homes in more than 150 countries. Founded in 1991, Lexmark reported approximately $4.4 billion in revenue in 2002, and can be found on the Internet at www.lexmark.com.

Prices are estimated street prices in US dollars. Lexmark and Lexmark with the diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective holders.