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Contact: Emily Rardin

General office users and department managers who are responsible for creating high-value documents now have new weapons in their arsenal of office equipment due to today’s introduction of the next generation of color laser technology.

The stunning and innovative performance of this technology is manifested in three products unveiled today by Lexmark International, Inc. (NYSE: LXK), the leading global provider of printing solutions.

The Lexmark C760, the Lexmark C762 and the Lexmark X762e  multifunction product (MFP) are powerful workgroup devices with outstanding performance, print quality and flexibility. The products have been designed for today and tomorrow’s needs, providing customers investment protection by offering a path to multifunction capability.

“The combination of high speed color output and a low-cost path to multifunction color has resulted in a most compelling value proposition in the color market today,” said Paul Rooke, Lexmark executive vice president and president of its Printing Solutions and Services Division. “Workgroups can use this extremely reliable technology for their most demanding color jobs, and administrators will be amazed by the ease of use and low cost of ownership.”

Powerful Performance
The new products feature single-pass technology and can print up to 25 pages per minute (ppm) in both monochrome and color. With a time to first print on color jobs of as little as 15 seconds, the majority of jobs get done in a hurry, and the 600 MHz controller quickly processes large and complex color applications.

High Resolution Print Quality
At the heart of these new products is 4800 CQ resolution, exclusive Lexmark technology that automatically adjusts dot size and shape simultaneously. This unique technology delivers sharp color for both images and business graphics. Pantone calibration complements this technology to deliver the consistent and accurate colors that customers expect.

High Reliability and Low Operating Costs
The new Lexmark products are the only color laser devices rated for 1 million pages with proper maintenance, and the 100,000-page maximum monthly duty cycle of the C762 can easily accommodate high-volume printing environments. The high-yield 15,000 page toner cartridges significantly reduce costly interventions and offer a monochrome cost of printing that is equal to today’s workgroup monochrome lasers.

New Color Solutions
The new products have been designed to support two color applications that many businesses have been requesting in a product they can purchase and use internally to reduce costs, banner printing and outdoor signage.

The products can print up to 36” long banners on demand, providing a much more affordable solution for signage in small- and medium sized businesses. The products can also produce low-cost outdoor signage for retail stores and other commercial enterprises that will stay vibrant even in hostile environments. This is made possible by a unique Lexmark toner, which resists fading, and the use of new weather resistant media.

Lexmark C760 and C762
Both of the new color printers introduced today feature the 4800 CQ technology and produce pages at up to 25 ppm in both color and monochrome. The Lexmark C762 is available for $1,799 and can be upgraded after purchase to a multifunction device with the addition of the Lexmark X4500 color scanner. The Lexmark C760 is targeted for dedicated printing applications and is expected to sell for $1,299.

To help customers control usage and reduce printing costs, both printers come with Lexmark’s unique ColorCare technology that provides a variety of cost-saving color management tools.  The newest addition is Color Print Permissions, a feature which allows administrators to control color printing costs by identifying authorized users.

Lexmark X762e
The Lexmark X762e delivers a most compelling value proposition by offering the performance and functionality of a larger departmental device at a fraction of the cost.  The power of the Lexmark X762e starts with the e-Task interface, an intuitive, easy to use, color touch-screen display. The award-winning e-Task interface allows first-time users to easily transfer documents back and forth between hardcopy and electronic formats for efficient, effective and economical improvements to virtually all paper-based processes. Coupled with Lexmark Document Solutions Suite, customized workflow solutions can be initiated with the touch of a button. 

Just as the new color lasers can control color printing, the Lexmark X762e can restrict color copying while still allowing users to make monochrome copies.  The Lexmark X762e comes network-ready with two 500-sheet paper trays, a duplexer, and the high-performance Lexmark X4500 color scanner.  The Lexmark X762e has an estimated street price of $7,499, and, like the Lexmark C760 and C762, is available immediately.

More detailed information about the Lexmark C760, C762 and X762e 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. (NYSE: LXK) 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 $4.8 billion in revenue in 2003, and can be found on the Internet at www.lexmark.com.

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Prices are estimated street prices in US dollars.
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