Delphax Teaming with Memjet to Enter Color Printing Arena

MINNEAPOLIS—April 28, 2011—Delphax Technologies, a global provider of high-speed digital monochrome printing equipment, plans to enter the color printing arena through a partnership with Memjet, a San Diego-based developer of high-speed color inkjet printing technologies.

“Our collaboration will introduce Memjet’s disruptive technology in color production to the commercial printing industry in a robust digital print system engineered and manufactured by Delphax Technologies,” said Dieter Schilling, Delphax president and CEO. “Memjet has created a print head that represents an entirely new category of digital print technology—a major step forward in speed and economy of high-quality color production. We’re excited about joining Memjet on the leading edge of this development.”

Delphax plans to make a product introduction at Drupa 2012 in Dusseldorf, Germany.

Memjet achieves a combination of high-speed and high-resolution color production by putting more than 70,000 ink nozzles on a single print head. The print head spans the entire width of a page, allowing Memjet-powered printers to deliver more than 700 million drops of ink per second.

The partnership between Delphax and Memjet brings together two companies that hold “world’s fastest” titles—Delphax for its toner-based digital monochrome printers and Memjet for its ink-based digital color print heads.

“Delphax Technologies has the industry experience, international reach and engineering expertise that make it an ideal OEM partner for us,” said Sean Marske, president of Memjet Labels. “It is a highly innovative company in its own right, establishing a strong competitive position within the commercial printing industry by providing its customers with the cost and performance advantages of high-speed digital equipment.”

“The addition of high-speed color capability is an exciting and essential strategic advance for Delphax,” Schilling said. “Digital color is a segment of the printing market that has grown despite the recession, and it is projected to gain steadily in share of revenues from equipment, supplies and services.

“Our 30 years of serving the printing industry gives us a profitable base of operations and a solid foundation for the kind of innovation that we are pursuing in our collaboration with Memjet. Delphax was launched through a cooperative application of new technology, and we believe that Memjet’s unprecedented combination of high speed and high quality provides a similar opportunity on a larger scale.”

About Delphax Technologies
Delphax Technologies Inc. is a global leader in the design, manufacture and delivery of advanced digital print production systems based on its patented electron-beam imaging (EBI) technology. Delphax digital presses deliver industry-leading throughput for both roll-fed and cut-sheet printing environments. These products are extremely versatile and handle a wide range of substrates from ultra lightweight paper to heavy stock. Delphax provides digital printing solutions to publishers, direct mailers and other printers that require systems capable of supporting a wide range of commercial printing applications. The company also licenses and manufactures EBI technology for OEM partners that create differentiated product solutions for additional markets. There are currently installations using Delphax EBI technology in more than 50 countries worldwide. The company is headquartered in Minneapolis, with subsidiary offices in Canada, the United Kingdom and France. The company’s common stock is currently quoted over the counter under the symbol DLPX.PK. Additional information is available on the company’s website at www.delphax.com.

About Memjet
Memjet is the global leader in color printing technologies that provide remarkable speeds and affordability. The company supplies technologies and components to OEM partners across the printing industry. Memjet maintains its corporate office in San Diego. The company is privately held. For more information, please visit www.memjet.com.

Source: company release.