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Indigo Demonstrates Wide Range of Digital Presses at IPEX 2002

Press release from the issuing company

Indigo, a world leader in digital color printing systems, will be showcasing its entire range of Digital Offset Color presses at the IPEX 2002 exhibition to be held at the NEC, Birmingham, UK, April 9-17. With 17 presses on display for commercial, label and specialty printing, Indigo’s 1390m_ stand will focus on business opportunities with the spotlight on end user solutions. A special solutions arcade will afford visitors the opportunity to view digital printing of on-demand, high-margin products including brochures, personalized direct mail, labels, plastic cards and graphic overlays. The demonstrations will illustrate the unlimited possibilities offered by Indigo’s Digital Offset Color technology which combines liquid ink image quality in up to seven colors on a wide range of paper, foil and plastic substrates. Indigo’s newest product offerings will be highlighted in a multi-media show running in a 145-seat theater. Also featured will be customer case studies describing the wide range of business opportunities created by Indigo’s digital printing solutions. Commenting on Indigo’s presence at IPEX, Indigo Chairman and CEO Benny Landa said, "Since the launch of our E-Print 1000 at IPEX 1993, this show has had a very special meaning for us. In the last nine years, Indigo’s customers have benefited from a superior ink-based imaging technology that has enjoyed continuous enhancement, providing opportunities for upgrading and uptrading when new presses were introduced. Today our digital presses clearly set the standard for image quality and productivity, creating new revenue streams in today’s increasingly competitive marketplace." The Indigo solutions highlighted on the stand include: Platinum Indigo’s newest Digital Offset Color press, Platinum delivers extremely high image quality at a best-in-class price. Printing up to six colors, it uses breakthrough Image Tracking Technology to create high-resolution images and highly uniform tints and solids. Platinum is designed to bring the benefits of digital printing to commercial printers, trade shops, repro houses, in-plant and quick printers. UltraStream 2000 The flagship UltraStream 2000 is designed for high-volume, high-quality commercial printing, achieving the look and feel of offset with vibrant colors and sharp text and images on a virtually limitless variety of substrates. Able to produce 2000 four-color A3 pages per hour, which is 68 A4 color pages per minute, its throughput is geared for fast time-to-market applications. Publisher 4000 The Publisher 4000 is a twin-engine web-fed press that delivers the power of Indigo Digital Offset Color printing to the mid-volume commercial printing, publishing and direct mail markets. With a print speed of 8000 A4 color images (two-up) per hour, Publisher 4000 can create complete, uniquely personalized products that incorporate variable data text and images, composed and printed in real time. Omnius WebStream 100 The Omnius WebStream 100 digital press will be shown at IPEX with a Nilpeter in-line finishing system to provide a complete digitally-printed label solution. With fast printing speeds, a streamlined digital workflow, variable data capability, and the ability to print on almost any substrate, the Omnius WebStream 100 positions Indigo at the forefront of digital technology for the labels sector. Photo-e-Print Series Indigo will also be showing its soon-to-be-released digital photofinishing products at IPEX. Designed to bring high quality, high speed combined and low cost per print to central labs, portrait labs, and retail environments, the Photo-e-Print product family includes: - The Photo-e-Print ProLab operates at a process speed of 60 cm per second (120 feet per minute). It produces cut sheet prints in varying lengths up to 43cm (17"), with up to 680 prints per hour of maximum format size 30 x 43cm (12"x17"). The ProLab is targeted for portraits. - The Photo-e-Print MetroLab operates at a process speed of 60 cm per second (120 feet per minute). It produces cut prints in standard formats, e.g. 10 x 15cm (4"x6"), 12.5 x 18cm (5"x7"), etc.. Operating at speeds of up to 5,440 10 x 15cm cut prints per hour, the press is targeted to high-end mini-labs and city-labs. On September 6, 2001, Indigo and Hewlett Packard Company entered into an agreement pursuant to which HP will acquire all of the outstanding shares of Indigo. HP already holds approximately 13% of Indigo pursuant to a $100 million equity investment made in late 2000. In addition, HP and Indigo entered into OEM and joint development agreements in late 2000. Indigo hopes that the HP acquisition will close in the first quarter of 2002.

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