Press Releases |
| Lexmark unveils new pricing strategy: "less is officially more" | ||
| Lexmark defies pricing rules set by the market leader | ||
| Marlow, UK - 22/05/2000 | ||
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In a move to dominate the enterprise printing market, Lexmark today unveiled its new pricing strategy that will set the pace for the industry, completely over-ruling the price-productivity standard set by the market leader. The company introduced this through the launch of seven new monochrome, colour and connectivity products.
Through these products, Lexmark has achieved an optimum price-productivity balance for its product offerings. Customers will experience significant gains as compared to the offering of the market leader. Lexmark's products offer enhanced features and performance with prices at par or lower than those of the market leader. All the following products launched are endowed with significant cost reduction and feature enhancements:
Commented Graham Salmons, Marketing Director of Lexmark?s Business Products Division, "We are the number two laser printer manufacturer in the world and hence are in a good position to redefine the pricing rules set by the market leader. These new products are as much a strategic advance for Lexmark as they are a great value for the customer." Availability Lexmark International, Inc. (NYSE: LXK) is a leading developer, manufacturer and supplier of printing solutions -- including laser and inkjet printers, associated supplies and services -- for offices and homes in more than 150 countries. Founded in 1991, Lexmark reported more than $3.8 billion in revenue in 2000, and can be found on the Internet at www.lexmark.com. |
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