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Newsweb Purchases a TKS JETLEADER 1500

Friday, July 20, 2012

Press release from the issuing company

Newsweb Corporation and TKS signed a letter of intent for the JETLEADER 1500 digital ink jet press which ran at Drupa 2012. At Drupa the press printed live, the Wall Street Journal USA daily edition as well as other products including tabloid and book formats. Main specifications are as follows.

                4/4 Process Color Printing Units
                * Print Head: Piezo Electric Drop On Demand
                * Max. Printing Speed: 492 f/min (150 m/min)
                * Max. Resolution: 600 x 600 dpi

                Online Newspaper Folding System:
                * Max. Number of Pages: 72 pages
                * Max. Number of Sections: 5 sections

“We have been looking at digital ink jet technology for years, but did not feel it was where we wanted it to be” according to Rodd Winscott, President of Newsweb’s printing division. “After Drupa we knew this was the machine to take our printing to a new level and create new business opportunities. TKS has a superb reputation for offset presses and we know this will carry over to its JETLEADER product line”.

Mr. Yoshikazu Shiba President and CEO of TKS, Ltd. said, “ We are excited to be working with Newsweb. It has a great reputation in its market and wants to enjoy the benefits of offset and ink jet printing. TKS spent the last several years bringing the JETLEADER to market and having a North American show place is very important to prove the technology and business model as well as to further work with paper and ink suppliers in a more central location”.

The JETLEADER 1500 is anticipated to be operational this October in Newsweb’s Chicago plant with the intent for people to see while attending the Graph Expo convention October 7 through 10.

Mr. Nobuyuki Nakajima, President of TKS (USA) said , “The JETLEADER 1500 will be used to print smaller runs that are now on its offset press as well as going after new business including books and catalogs. Newsweb will explore new markets using the variable data capabilities of the JETLEADER. We are very happy to have Newsweb join our North American family of customers”.


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