Digital Color Print Announces Discussions for Plant Expansion
Press release from the issuing company
SANTA ANA, Calif.--June 8, 2004-- Digital Color Print, Inc. is entering into discussions with a Nevada-based development corporation to construct a facility in Nevada to accommodate anticipated growth and the pending release of new products. The proposed three-phased project would begin with a distribution center supplying products to the Company's client base of commercial printers located throughout the U.S. Phase two would provide accommodations for the assembly, shipment and support of digital printing systems and the manufacturing of system modules. The third phase would be the implementation of a toner manufacturing operation that would initially concentrate on producing the Company's proprietary color toners used by the Company's on-press digital color printing systems.
Mr. Michael Brennan, Chairman and CEO, stated "the Company is very pleased with the possibility of putting all manufacturing and distribution under one-roof after almost ten-years of product development." Noting "it is a very ambitious project, but one that we look forward to implementing."
DCPI's operating subsidiary Logical Imaging Solutions, Inc. ("LIS") was founded in 1994 and 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 and forms directly in line with conventional offset printing tasks at varying rates of speed.
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