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Delphax Announces Sale of Imaggia IM300 to D+H

Thursday, February 09, 2012

Press release from the issuing company

Delphax Technologies Inc. (Pink Sheets:DLPX.PK), a global provider of high-speed digital printing equipment, today announced the sale of an Imaggia IM300 digital print system to D+H Limited Partnership (TSX: DH), a leading payments and lending solutions provider to the North American financial services industry.  As Canada’s largest check program provider, D+H has been a major user of Imaggia systems purchased over a 13-year period.

The Imaggia IM300 is the most advanced security printing system of its type, combining the cost-effective advantages of digital technology with industry-leading Magnetic Ink Character Recognition (MICR) production capability.  Using Delphax’s patented electron-beam imaging technology, the system is the world’s fastest toner-based digital MICR-capable sheet-fed printer with document throughput of 300 pages per minute.

“D+H was among the first of the major check producers to recognize the superior efficiency and productivity offered by the Imaggia’s high-speed digital print capabilities,” said Dieter Schilling, Delphax president and chief executive officer. “Our customers in total have logged over 15 billion feet of output since the system’s introduction—approximately 186 billion high-quality printed checks meeting the highest worldwide standards for MICR encoded, secure documents. D+H has been a major contributor to that total.”

“Since our initial purchase in 1998, D+H has assembled a fleet of Imaggia systems at our Markham, Ontario, and Longueuil, Quebec, facilities to support ongoing improvements in productivity and workflow management,” said Yves Denomme, D+H executive vice president, operations.  “The Imaggia system, along with Delphax Technologies’ customer support, continues to meet our expectations as we strive to grow in the ever increasingly competitive financial services industry.”

The Imaggia sheet-fed platform is ideal for applications that require multiple base stock sources or variable overprint on pre-printed stock.  All of Delphax’s cut-sheet solutions offer dynamic input collation to handle paper substrates of varying sizes, weights, and finishes.

 

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