Digital Color Print Supplies Largest Printing System to Date
Press release from the issuing company
SANTA ANA, Calif.--May 24, 2004-- DIGITAL COLOR PRINT, INC. announced that it has received approval from the NASD to change its trading symbol from MTVI to DCPI. With this symbol assignment, the transition of DCPI to a publicly traded corporation is completed.
Digital Color Print, Inc., operating through its wholly owned subsidiary, Logical Imaging Solutions, Inc. (LIS), also announced that it has finished the installation of the largest system supplied to date, for a current customer located in Wisconsin. The LIS system, for the high-speed printing of variable data on a commercial offset press, included the design and supply of the entire printing press. The system will be employed to print millions of labels per month creating variable numbering, text and bar codes on each label. The system is also capable of being upgraded to LIS's high-speed color printing process.
LIS, founded in 1994, is committed to the development and production of high-speed digital commercial printing systems that are installed on offset printing presses. LIS's systems augment the capabilities of the printing press by providing the ability to print variable data such as barcodes, numbers, graphics, text, forms and images directly and in line with conventional offset printing tasks at rates in excess of 400 pages-per-minute.
DCPI's goal is to become a major supplier of products for the commercial printer. Printing is America's third largest manufacturing industry, employing more than 1.2 million people in almost 46,000 establishments, producing over $165 billion of printed product and purchased $4.5 billion of hardware and $7.7 billion of consumable products during 2003.
More details regarding DCPI and LIS are available on the Company's web site at www.digitalcolorpress.com and www.Logical-Imaging.com or by telephone at (949) 474-4960. Contact either Ed St. Amour or Alan Spatz.
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