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Delphax Technologies to Unveil Series of Continuous-Feed Print Systems

Press release from the issuing company

Company to Showcase Added Breadth and Speed of High-Volume Digital Print Product Offerings, Proprietary Print Engine Technology at Industry Shows MINNEAPOLIS, March 25 -- Delphax Technologies, a global provider of digital printing and publishing systems, announced today that the company will introduce its CR Series printers, a new line of high-volume, digital, continuous-feed print systems, at the IPEX and On Demand print industry trade shows in April. The new printer will be available in both 900 and 1300 page-per-minute configurations, and is designed for a variety of publishing and transaction processing applications. Delphax Technologies will exhibit both the CR Series (continuous-feed) and Imaggia II Series (cut-sheet) digital print systems at the upcoming trade shows. Both of these high-volume production systems offer industry leading print throughput featuring the company's exclusive Electron Beam Imaging (EBI) print engine technology. The European hosted IPEX show is held in Birmingham, United Kingdom from April 9-17. It is considered the Global Technology Event for Print, Publishing and Media for 2002. The On Demand Digital Printing and Publishing Exhibition is held in New York City from April 23-25. This is the company's first appearance at the On Demand show. "The CR Series printers will significantly expand our product offering and allow us to serve new markets where our exclusive EBI technology provides a clear competitive edge. Companies that use continuous-feed print systems can now get the same industry-leading speed, image quality, and service attention that we offer with our Imaggia line of cut-sheet printers,'' said Jay Herman, President and Chief Executive Officer of Delphax Technologies Inc. The Imaggia II Series of cut-sheet digital print systems is offered in 220 and 300 page-per-minute configurations. These systems are designed to handle a variety of applications including checks and other financial documents, personalized direct mail and business forms. The company's patented electron beam imaging (EBI) print engine technology is used in both systems that will be featured at the upcoming tradeshows. "EBI technology offers a variety of advantages, including print speeds of 300 feet per minute and a high quality imaging process that can be applied to a wide variety of paper substrates. We are looking forward to demonstrating our new product line and highlighting this key technology at the shows,'' Herman added. About Delphax Technologies Inc. Delphax Technologies Inc. is a global leader in the design, manufacture and delivery of advanced print-production systems for publishing, financial, security, forms and commercial printers worldwide. The Company currently has more than 550 systems installed and does business in more than 50 countries. Headquartered in Minneapolis, with offices in the United Kingdom, France and Canada, the Company's common stock is publicly traded on the Nasdaq National Market tier of the Nasdaq Stock Market under the symbol: CTCQ. Beginning April 1, 2002, the Company's common stock will trade under the new symbol: DLPX. Additional information is available on the Company's website at http://www.delphax.com

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