HP Completes Sale of HP T300 Color Inkjet Web Press to Consolidated Graphics

PALO ALTO, CA—May 17, 2010—HP (HPQ) today announced it has completed a sale agreement for an HP T300 Color Inkjet Web Press with Consolidated Graphics (CGX), which is already using the press to produce a wide range of products on coated and uncoated paper.

CGX, one of the nation's largest commercial printing companies with the world's largest integrated digital footprint, installed the HP T300 at its Denver-based Frederic Printing company last year. The initial installation of the HP T300 enabled CGX to begin producing multiple titles of textbooks every day, as well as maps, engineered drawings, saddle-stitched books and other products that have traditionally been produced on analog presses.

CGX also has selected HP as its solution provider for digital color book printing applications, one of CGX's fastest-growing markets. Unlike analog press technology, the HP T300 digital press can change content on the fly. This allows CGX to print multiple titles of varying page lengths, as well as personalized books, during the course of a single press run. The press also eliminates many of the fixed costs associated with analog press technology, substantially reducing minimum run-length requirements needed to meet economies of scale.

Since the first HP T300 commercial installation in December 2008, the press has helped advance digital print from niche to mainstream applications by offering cost-effective, high-volume digital color production.

"With the HP T300 Color Inkjet Web Press, CGX has established itself as a true innovator," said Aurelio Maruggi, vice president and general manager, Inkjet High-speed Production Solutions, HP. "By using the only digital color press available today that offers this level of productivity, CGX is setting an excellent example of how the HP T300 can help reinvent print's role in publishing."

Generating greater value in digital print

The HP T300 Color Inkjet Web Press prints a 30-inch (762-mm) wide roll with 600 x 1,200 addressable dots per inch (dpi) four-color-process printing at a speed of 400 feet (122 m) per minute -- a size, speed and resolution combination capable of creating 500 200-page books an hour with image quality that meets or exceeds book trade standards.