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 during Drupa 2008 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.
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.
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:
Oce Media Relations
+31 77 359 5628
Contacts for Memjet:
USA, LATAM & APAC
Illume Public Relations
+44 (0)207 751 4444
SOURCE Memjet; Oce