Xerox ColorgrafX has been highly successful in the wide-format digital color printer market with its 8900 family of electrostatic products used in production environments. The product will be available in the third quarter of 1995 in Latin America, Asia and portions of Europe.
Future plans call for expanded distribution in the United States and worldwide.
Clearly, the Xerox name is synonymous with quality and market leadership, and we welcome this opportunity to partner in the worldwide graphic arts market with such a highly regarded and well-positioned company. The graphic arts market is an area of considerable opportunity. ColorgrafX systems are used to produce final prints directly from a digital data file, eliminating traditional intermediate steps. As a result, typical turnaround time is reduced to one to two days, and costs are much less than those of traditional printing methods used for short runs.