Today, Ricoh Company, Ltd. (Ricoh) and
Heidelberger Druckmaschinen AG (Heidelberg) (FWB: HDD) announced a
global strategic cooperation. As a first step, both companies
agreed to enter into a global distribution contract for Ricoh’s
Production Printing Product portfolio. This agreement enables
Heidelberg to sell Ricoh’s latest color digital press, the Ricoh
ProTM C901 Graphic Arts Edition - Ricoh`s high speed color digital
press with Ricoh PxPTM Chemical toner, as well as appropriate
future production printing offerings in Ricoh’s pipeline. The
global strategic cooperation, which includes Ricoh services and
support, will start in April 2011. The first markets will be UK and
Germany with a phased rollout to follow in other geographies with
completion targeted for drupa 2012.
Digital printing continues to grow as commercial printers extend
their business models to offer marketing services, short run color,
and same-day service. Offset printers are increasingly seeking to
complete their portfolios with a flexible digital solution
integrated into their existing high quality offset environment. The
Ricoh and Heidelberg partnership will support them in growing their
core offset business and enable them to offer more flexibility
towards their clients using Ricoh’s latest digital print
technology. Today, offset printers have access to a nearly
unlimited range of printing substrates, spot colors and
state-of-the-art coating applications as well as speciality inks
through Heidelberg’s market leading offerings. By adding Ricoh’s
leading digital production printing technology, professional
printers will be able to offer the well-known advantages of
variable data printing, instant delivery of urgent print jobs and
cost effective production of shorter run lengths.
The Ricoh Pro C901 Graphic Arts Edition addresses the needs of
commercial printers to build a high quality, digital color printing
environment. Featuring a production speed of 90 pages per minute
(ppm) it is easily the fastest and most productive system in the
digital value segment. This segment includes systems providing
production speeds between 60 ppm and 90 ppm with an actual monthly
production volume from 80,000 to 300,000 A4 pages and beyond.
Providing high quality output, the Ricoh Pro C901 Graphic Arts
Edition is an ideal solution to meet the expanding demand for
shorter print-runs, variable data printing and rapid delivery on a
wide range of substrates.
Both companies are committed to deliver a value-added offering
which drives long term profitability for their customers. Entering
into a global distribution contract is the first step of the
strategic partner cooperation between the two companies.
Heidelberg’s and Ricoh’s future plans are to include integration
with Heidelberg’s industry standard workflow solution in the
graphic arts industry, Prinect, as well as joint development
activities for future printing applications.
Mr. Shiro Kondo, President and CEO, Ricoh Company, Ltd. says,
“In today’s climate it is important that commercial printers have
the right tools to be versatile, and meet both long and short run
requests. Heidelberg is the gold standard in commercial and
packaging printing. This partnership demonstrates its confidence in
our digital technology and the ability of Ricoh to meet the needs
of the graphic arts industry. Together, we are in a strong position
to support businesses seeking to extend their existing equipment
and services with a digital solution.”
“In Ricoh, the rising star in production printing, we have found
an ideal strategic partner who shares our values of customer focus,
environmental sustainability, innovation, quality, and customer
service. By rounding off our offset portfolio including Anicolor
technology with new digital printing equipment, we are providing
our clients the combination of best-in-class offset, and now also
digital printing-technology. Utilizing both, our customers are able
to offer variable data printing as well as shorter runs, next to
their established cost-effective and high end quality offset
printing,” says Bernhard Schreier, CEO of Heidelberg. “With this
new partnership we will also address customer demands in the broad
spectrum of hybrid print applications, i.e. the combination of
offset and digital printing within a single print product.”
As a world premiere Heidelberg will display the new strategic
partnership with Ricoh at the digi:media tradeshow from the 7th to
9th of April 2011 in Duesseldorf, Germany. The visitors will
explore a seamless live production portfolio, starting with job
offering and ordering using the internet, Prinect workflow
integration combining Heidelberg Anicolor Offset and Ricoh Pro C901
digital printing technologies, rounded off by Stahlfolder and
Eurobind demonstrations for state of the art book and mailing
production.
Please note:
The first joint press conference of Ricoh and Heidelberg will
take place on the 6th of April, 12:00 – 14:00 CET, at digi:media,
Duesseldorf, Germany.
For further information and images please visit the press portal
on the website of Heidelberger Druckmaschinen AG: www.heidelberg.com.
About Ricoh Company, Ltd.
Ricoh Company, Ltd. is a global technology leader, specializing
in the office and production printing markets. Ricoh works with
organizations around the world to modernize work environments and
optimize document efficiency. With more than 108,500 employees
worldwide, Ricoh operates in Europe, the Americas, Asia/Pacific,
China, and Japan. Ricoh’s worldwide sales were more than 2,016
billion yen ($21 billion USD) in the year ended March 31, 2010.
www.ricoh.com
About Heidelberg
Heidelberger Druckmaschinen AG (Heidelberg) is the world-wide
leading provider of solutions for the print media industry. The
Heidelberg brand is internationally associated with leading
technology, top quality, and closeness to customers. In financial
year 2009/2010, the company had a sales volume of 2.306 billion
Euros. As of December 31, 2010, the Heidelberg Group has employed a
workforce of 15,981 including 772 trainees and apprentices.
www.heidelberg.com
Important note:
Forward-looking statements
The plans, prospects, strategies and other statements, except
for the historical events, mentioned in this material are
forward-looking statements with respect to future events and
business results. Those statements were made based on the judge of
RICOH's Directors from the information that is now obtainable.
Actual results may differ materially from those projected or
implied in such forward-looking statements and from any historical
trends. Please refrain from judging only from these forward-looking
statements with respect to future events and business results. The
following important factors, without limiting the generality of the
foregoing, could affect future results and could cause those
results to differ materially from those expressed in the
forward-looking statements:
(a) General economic conditions and business trend
(b) Exchange rates and their fluctuations
(c) Rapid technological innovation
(d) Uncertainty as to RICOH's ability to continue to design,
develop, produce and market products and services that achieve
market acceptance in hot competitive market.
No company's name and/or organization's name used, quoted and/or
referenced in this material shall be interpreted as a
recommendation and/or endorsement by RICOH.
This material is not an offer or a solicitation to make
investments. Please do not rely on this material as your sole
source of information for your actual investments, and be aware
that decisions regarding investments are the responsibility of
themselves.
This press release contains forward-looking statements based on
assumptions and estimations by the Management Board of Heidelberger
Druckmaschinen Aktiengesellschaft. Even though the Management Board
is of the opinion that those assumptions and estimations are
realistic, the actual future development and results may deviate
substantially from these forward-looking statements due to various
factors, such as changes in the macro-economic situation, in the
exchange rates, in the interest rates and in the print media
industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no
warranty and does not assume liability for any damages in case the
future development and the projected results do not correspond with
the forward-looking statements contained in this press release.
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