First fruits of Imation-Xerox alliance

Friday 19 May 2000

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The first dividend from Imations strategic alliance with Xerox has appeared in the shape of the Imation Matchprint RIP for Xeroxs DocuColor 12.

The first dividend from Imations strategic alliance with Xerox has appeared in the shape of the Imation Matchprint RIP for Xeroxs DocuColor 12.
The firms plan to start shipping the product in the fourth quarter of 2000. Imations president of colour technolgies, Barb Cederberg, said it was only the first of several planned joint developments.
Now we are able to offer the same consistency as that found in the Matchprint system to a superior device that produces concepts and short-run prints, she added.
No pricing or specification details were revealed by the firms. Imation chief executive Bill Monahan said: The alliance with Xerox is evidence of our capability in software.Software has the most value added in the digital world. Monahan said Imation would invest in growth and move towards the new economy during 2000, and next year would see Imation break out.
Two years ago we made an aggressive move to get a strong group of partners, added Monahan. You cant do anything yourself in this industry today. Monahan also said Imation would continue to look at partial investments or larger investments in partnerships for technological development.

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