An insolvency practitioner has been appointed to South Wales-based CD printing and fulfilment specialist Traxdata Wales.
Earlier this year the company launched what was described as the worlds first method of individualising CDs and DVDs.
The Disc-ID system, which was developed with US manufacturer Apex, prints a unique code onto CDs during the standard decorative process.
Traxdata Group invested 5.5m in an expansion programme in July 1998 after the merger of its graphics division with Three Arch Press. It expected to create 170 new jobs.
The firm was unable to provide any further details as PrintWeek went to press.
Have your say in the Printweek Poll
Related stories
Latest comments
"Very insightful Stern.
My analysis?
Squeaky bum time!"
"But in April there was an article with the Headline "Landa boosts top team as it scales up to meet market demand", where they said they came out of last year’s Drupa with a burgeoning order..."
"Yep. Tracked is king."
Up next...
Print services required
Trio of new tenders up for grabs
Greater automation and ease-of-use
Konica Minolta enhances AccurioPress C7100 series
Energy savings and wider gamut
Wilmot-Budgen takes first LED Onset
Weekly one million mark