| NewWave selects Lexmark MFPs to expand digital imaging product offerings |
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30/05/2007
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LEXINGTON, Ky. - 05/30/2007
NewWave Technologies Inc., a leading distributor of document imaging products and services, recently selected Lexmark International, Inc. (NYSE: LXK) as the exclusive provider of multifunction products (MFPs) for its value-added reseller channel.
NewWave currently provides stand-alone scanning and imaging devices to more than 3,000 value-added resellers and solution providers in the U.S. By partnering with Lexmark, NewWave can now offer devices that not only scan, but also print, copy and fax, to help customers consolidate devices and reduce costs.
"Our partners and their customers are interested in how imaging technology can help them to be more productive," said Tom Boyle, vice president of marketing at NewWave. "We chose Lexmark because it is focused on providing not only multifunction technology, but also customized solutions to help customers simplify workflow processes and reduce costs. We feel this partnership will help us deliver more high-quality, high-value digital imaging solutions for our customers."
Lexmark's award-winning workgroup MFPs feature its intuitive eTask touch screen interface that can be customized to reduce complicated, multi-step processes to the touch of an icon. The devices can be customized to meet the needs of small businesses and workgroups as well as large, global enterprises, and feature a wide range of paper handling and security options.
"Lexmark has been working with top enterprise customers around the world for many years to understand their printing needs and develop solutions for their specific environments to help increase productivity," said Paul Rooke, Lexmark executive vice president and president of its Printing Solutions and Services Division. "We are pleased that this partnership with NewWave will help us deliver that expertise to more customers through the channel."
About NewWave Technologies, Inc.
Founded in 1992, NewWave Technologies, Inc. is a nationally recognized, award winning distributor of document imaging, automated data storage, and CD/DVD duplication products and services. Together, NewWave and its channel partners deliver seamlessly integrated products and solutions that capture, store, manage, and distribute business-critical information.
About Lexmark
Lexmark International, Inc. (NYSE: LXK) provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2005, Lexmark reported $5.2 billion in revenue and employed more than 13,000 people globally. Learn how Lexmark can help you get more done at www.lexmark.com.
Lexmark and Lexmark with 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 owners.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this release which are not historical facts are forward-looking and involve risks and uncertainties, including, but not limited to, the inability to meet customer product requirements on a cost competitive basis, aggressive pricing from competitors and resellers, entrance into the market of additional competitors focused on printing solutions, market acceptance of new products and pricing programs, the financial failure or loss of business with a key customer, reseller or supplier, increased investment to support product development and marketing, inability to perform under managed print services contracts, decreased supplies consumption, increased competition in the aftermarket supplies business, periodic variables in revenue and profitability, failure to successfully outsource the infrastructure support of information technology systems, failure to manage inventory levels or production capacity, weak economic conditions, unforeseen cost impacts as a result of new legislation, fees on the company’s products or litigation costs required to protect the company’s rights, inability to obtain and protect the company’s intellectual property and defend against claims of infringement and/or anticompetitive conduct, failure to execute planned cost reduction measures, reliance on international production facilities, manufacturing partners and certain key suppliers, disruptions at important points of exit and entry and distribution centers, changes in a country’s political or economic conditions, conflicts among sales channels, the failure of information technology systems, changes in the company’s tax provisions or tax liabilities, business disruptions, currency fluctuations, China’s revaluation of its currency, terrorist acts, acts of war or other political conflicts, or the outbreak of a communicable disease, and other risks described in the company’s Securities and Exchange Commission filings. The company undertakes no obligation to update any forward-looking statement.
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