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Memjet Honored with Prestigious Intertech Technology Award

Press release from the issuing company

SAN DIEGO – Memjet, the global leader in color printing technologies that provide remarkable speeds and affordability, today received the 2011 InterTech Technology Award from the Printing Industries of America, recognized as a symbol of technological innovation and excellence. This is the first InterTech Technology Award for Memjet and its blazing fast printing technologies.

"According to our panel of judges, Memjet's disruptive technologies will prove to be a significant game changer within the printing industry," said Dr. Mark Bohan, vice president, technology and research at Printing Industries of America. "Memjet's printing technologies have the potential to shift the economics of the inkjet industry and ultimately reduce costs for consumers."

Through its partners, Memjet is bringing its technologies to office, industrial, commercial and consumer markets to help change the way people print. Memjet-powered office printers, for example, print in beautiful color at incredibly fast speeds of 60 pages per minute (the fastest desktop printer speed in the world), while consuming considerably less energy than competing products. Around the world, original equipment manufacturers (OEMs) use Memjet technologies to power printers and printing solutions far beyond what traditional markets have come to know and expect. Memjet provides technologies and components to OEMs and partners in the office, labels, wide format and photo retail markets. The company's technologies are protected by more than 3,000 global patents, with another 2,000 pending.

"This has been a pivotal year for Memjet as we commercialize globally with leading OEM partners including LG, Lenovo, Lomond, Kpowerscience Co. Ltd., OWN-X and Astro Machine Corporation, among others," said Len Lauer, president and CEO of Memjet. "We're extremely honored to be recognized by Printing Industries of America for our innovation and contributions as we continue to bring change to the industry through the creation of an entirely new category of printing - that of very fast affordable color."

See Memjet technologies in action: http://bit.ly/nCrbTj