Océ Extends Leadership in U.S. Continuous-Feed Printer Market Share
Latest InfoTrends report confirms Océ leadership position for fifth year in a row
BOSTON—April 19, 2007—Océ (NASDAQ: OCENY), a global leader in digital document management and delivery solutions, announces that it has expanded its US market share leadership in continuous-feed printers, according to recently released InfoTrends data. Statistics in the new InfoTrends report, “U.S. Production Copying & Printing Placements: 2006,” place Océ in the dominant position in the 80+ ppm continuous-feed printer segment, with over 49 percent of the 2006 market share of roll-fed printer placements in the United States. Océ has held the top spot in the continuous-feed segment since 2003, the first year InfoTrends began tracking market share for this category. The InfoTrends report on the continuous-feed printer market includes monochrome, spot color, and process color print engines. Océ also posted a 43 percent increase in spot color printer placements over the InfoTrends published numbers for 2005.
“2006 was a very good year for Océ,” noted Charlie Corr, Group Director, InfoTrends Inc. “Continuous-feed printers are essential for on demand, data processing and other production markets. Océ continues to innovate and provide solutions to these markets that drive adoption.”
“The recent InfoTrends data validates our reputation for reliable, high-quality continuous-feed printers backed by award-winning service and support,” said Mal Baboyian, President, Commercial Business Unit, Océ North America, Inc. “Not only do we bring the market innovative technology, we do it consistently, as shown by our ongoing leadership position in this category since 2003.”
The latest InfoTrends report provides a 2006 placement summary for the on demand, data processing and production copying markets segments where Océ has consistently focused efforts on delivering innovative product offerings that help customers achieve breakthrough business results. In addition to documenting Océ leadership in the continuous-feed market, the InfoTrends “U.S. Production Copying & Printing Placements: 2006” report also notes an over 48 percent growth in Océ placements in the category for the same period.
Océ N.V. (NASDAQ: OCENY) is a leading provider of digital document management technology and services. The company’s solutions are based on Océ’s advanced software applications that deliver documents and data over internal networks and the Internet to printing devices and archives -- locally and around the world. Supporting the workflow solutions are Océ digital printers and scanners, considered the most reliable and productive in the world. Océ also offers a wide range of display graphics, consulting and outsourcing solutions.
Océ employs around 24,000 people, with 2006 annual revenues of approximately $4 billion, operates in approximately one hundred countries and maintains research and manufacturing centers in the Netherlands, the United States, Canada, Germany, France, Belgium, the Czech Republic, and Romania. Océ North America is headquartered in Trumbull, CT, with additional business units in Chicago, IL; New York City; Boca Raton, FL; Salt Lake City, UT; Coventry, RI; and Vancouver, BC. North American revenues were approximately $1.7 billion for fiscal 2006, and employment is currently 11,000. For more information about Océ, visit www.oceusa.com. Outside the U.S., consult www.oce.com.
InfoTrends, Inc., a Questex Company, is the leading worldwide market research and strategic consulting firm for the digital imaging and document solutions industry. InfoTrends provides research, analysis, forecasts, and advice to help clients understand market trends, identify opportunities, and develop strategies to grow their businesses.
“Océ” and the Océ logo are registered trademarks of Océ-Technologies B.V. All other product and company names are trademarks or registered trademarks and are the property of their owners and are respectfully acknowledged.