(NORWELL, MA) CAP Ventures Inc., the leading worldwide strategic consulting and market research firm for the digital business communications and e-business technologies revolution, today announced a new multi-client study entitled "Black & White Print On Demand - Catching the Next Wave." CAP Ventures is focusing on one of the most strategically important segments of the digital printing industry - high speed black and white printing systems. For all the success of the Xerox DocuTech over the last 10 years, there are still over 275,000 analog copiers in the marketplace today. CAPV believes this base of analog devices will soon shift to digital solutions creating a unique opportunity for many companies. The study will contribute vital market information to provide an understanding of the changing black and white on demand printing market. The study is designed to help technology vendors and service providers of on demand printing equipment enter and succeed in this market. The multi-client study will examine the current state of the black and white market, project future developments and provide recommendations to achieve goals. "There is a whole new generation of on demand printing systems, digital copiers and output management systems coming to the market", noted Jeff Hayes, Director at CAP Ventures. "Vendors and service providers need to understand the applications, customer requirements, distribution channels and technology partners to successfully participate in this opportunity." The market research will include profiles of leading vendors in key industry segments, personal and telephone interviews with corporate and commercial print providers and telephone interviews with dealers and resellers selling high-speed black and white systems. Through this extensive analysis, CAP Ventures will provide a comprehensive understanding of the opportunities and issues for document technology and service providers. Companies can arrange for advanced participation now at a discounted price and help direct the focus of the research. CAP Ventures anticipates the delivery of "Black & White Print On Demand - Catching the Next Wave" by the first quarter of 2001. For more information, please access our web site at www.capv.com or contact Keith LaVangie at 781-871-9000 x 132.