Blog publisher’s comment:
When Memjet first appeared on the
scene, Memjet said that it was not going to manufacture or distribute
Memjet-enabled printing devices. Memjet
said that its business model was all about partnering with OEMs who are
interested in developing and distributing Memjet-enabled printing devices. For those of you who have read my past posts
about Memjet, you may recall that I said that Memjet’s business model had great
risk – the risk that, even if Memjet imaging technology was awesome and phenomenal
(and truly a game-changer), Memjet would not get widespread attention – or gain
significant market penetration - if credible OEM’s chose not to climb on the
Memjet bandwagon. Considering that
virtually all of the large OEM’s have developed their own imaging technologies,
and have done so at considerable expense, for them to adopt Memjet technology
carried with it the risk of making obsolete their prior R&D investments and
equipment. In other words, if no large
OEM decided to “go with” Memjet imaging technology, that, in essence, would
block Memjet’s path.
Memjet has been referred to by many as a “disruptive”
imaging technology. Now, Oce has decided
to partner with Memjet, and that, folks, is a “disruptive” partnership – one that
should enable Memjet to penetrate the imaging equipment marketplace.
READ THE PRESS RELEASE BELOW!
VENLO,
The Netherlands and SAN DIEGO, May 3, 2012 /PRNewswire/ --
Oce and Memjet today announced
that they have signed an agreement to develop a fundamentally new, large format
color printer that is set to change the large format digital printing
landscape. The first concept for this joint initiative called Project Velocity
is being displaying during Drupa 2012. It offers game-changing digital
technology that prints up to 15 times faster than conventional inkjet systems –
speeds never believed possible for large format applications. Now print providers have a
powerful digital option for large format, high volume color printing. They can
use this technology to enter new markets, expand their services and generate
new revenues.
Velocity
combines Oce's expertise in productive printing and workflow for large format
environments with Memjet's high-speed, digital color printing technology.
Imagine printing 100 A0 posters in just 12 minutes on Velocity – versus 3 hours
on a traditional inkjet system. Or printing 250 A0 posters on Velocity in the
20-30 minutes it takes to set up an offset run, with the added benefit of
variable content.
Velocity
is on display and will be demonstrated hourly in the Canon Europe Ltd. Drupa
stand, Hall 8A, C06-1. Oce intends to obtain feedback from print professionals
to incorporate in further development efforts. The presentation of Velocity is
the result of more than three years of joint engineering and product
development between Oce and Memjet.
Demonstrates Oce strategy – fast and relevant innovation
Erik
van Eldik, Vice President Wide Format Printing Systems at Oce says,
"Velocity is the result of our collaborative approach to innovation. The
market has long waited for a productive color solution for the high volume
segment. We selected Memjet as a technology partner because of the value that
their impressive technology adds to the highly regarded productivity and
reliability of our wide format systems. We focused on complementing our
innovation assets and know-how with Memjet technology to create a product that
the market was demanding as quickly as possible."
"Today
represents another milestone for Memjet as we drive forward in our mission to
bring fast, affordable color to markets worldwide," says Len Lauer, Memjet
president and CEO. "The Oce partnership is significant, underscoring the
performance that Memjet technology and components deliver. We are extremely
excited and proud to partner with Oce, who is a leader in the market. Their
wide format experience, excellent product development, sales and marketing
expertise, and worldwide brand and distribution make them the ideal partner for
Memjet in the wide format segment."
Breakthrough productivity for large format, digital color printing
The Velocity concept is a highly
productive large format, digital color printing system. The 106 centimeter (42
inches) wide print path can produce up to 500 A0s per hour at 1600 x 800 dpi.
Some
lead customers have already shown interest in participating in trade trials
with Velocity, and Oce expects to identify others during Drupa. Based on market
feedback from leading print professionals on Drupa Oce will determine if and
when Velocity will move to production and commercialization phase. In the
second half of 2012 Oce expects to come back with more concrete information.
All pricing and availability will be determined according to a definitive
product.
Tim
Greene of InfoTrends says, "Velocity takes advantage of Oce's strengths
such as paper handling for production environments, production workflow in the
technical market and controller technology, and wraps them around Memjet's
revolutionary technology and components. A partnership of this magnitude is
very important to the global wide format market. It is set to change the
competitive landscape overnight and how super-fast wide format print can -- and
will -- be leveraged by printers and their customers."
Memjet's high-speed, color printing technology
Memjet
represents an entirely new category of technology that makes possible
high-quality color printing at never-before seen speeds and affordability.
Memjet does this by putting more than 70,000 ink nozzles on a single printhead
– 17 times the density of traditional inkjet printheads. Memjet's printhead is
222.8mm (8.77 inches) wide. The design allows Memjet-powered printers to
deliver more than 700 million drops of ink per second on a page. Memjet wide
format technology combines five Memjet printheads to operate as one, firing
more than 3 billion drops of ink per second.
Oce award-winning productivity and workflow
Velocity
uses the highly accurate, six-roll media input technology from the successful
Oce ColorWave® 650 printer. The media input automatically switches between
different rolls and media widths, providing a total capacity of 1,200 meters.
The Oce Double Decker Pro stacker, currently available on the Oce PlotWave® 900
printer, is used to deliver the highest possible productivity. It has a dual
tray system which allows unloading and printing to occur at the same time,
which effectively allows the system to print 1200 meters of output without
interruption. The Velocity concept features an intuitive touch screen control
panel from the Oce VarioPrint® 6000 series printer. It uses the Oce PowerM
controller, color image processing and workflow components of the Oce ColorWave
650 family to further enhance and accelerate production. This concept also
supports a true Adobe™ PDF workflow.
About Oce
Oce
is one of the leading providers of document management and printing for
professionals. The Oce offering includes office printing and copying systems,
high speed digital production printers and wide format printing systems for
both technical documentation and color display graphics. Oce is also a foremost
supplier of document management outsourcing. Many of the Fortune Global 500
companies and leading commercial printers are Oce customers. The company was
founded in 1877. With headquarters in Venlo, The Netherlands, Oce is active in
over 100 countries and employs more than 20,000 people worldwide. Oce North
America is headquartered in Trumbull, CT, with additional business units in
Chicago, IL and Boca Raton, FL. For more information visit www.oce.com.
Oce and Canon: Stronger together
In
2010 Oce joined the Canon Group of companies with headquarters in Tokyo, Japan,
to create the global leader in the printing industry. Canon develops,
manufactures and markets a growing line-up of copying machines, printers,
cameras, optical and other products that meet a diverse range of customer needs.
The Canon Group comprises over 198,000 employees worldwide. Global net sales in
2011 totalled USD 45.6 billion. Visit the Canon Inc. website at www.canon.com.
About Memjet
Memjet
is the global leader in color printing technologies that provide remarkable
speeds and affordability. The company supplies technologies and components to
OEM partners across the printing industry. Memjet maintains its corporate
office in San Diego, and has offices in Dublin, Sydney, Taipei, Singapore and
Boise, Idaho. The company is privately held. For more information, please visit
www.memjet.com or follow us on Twitter
@memjet.
Oce,
Oce ColorWave 650, Oce PlotWave 900 and Oce VarioPrint 6000 are registered
trademarks of Oce-Technologies B.V. Adobe is a registered trademark of Adobe
Systems Incorporated.
Contacts for Oce:
Nick
Gale
Oce
Media Relations
+31 77 359 5628
Contacts for Memjet:
MEMJET
Jeff
Bean
Memjet
+1-(760)-484-0505
Press Contacts:
Debra
Benson
Illume
Public Relations
+1-(310)-595-0646
Hayley
Myles
Liberty
Communications
+44 (0)207 751 4444
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