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Large Format Solutions Oce ColorWave 500 Repositioning Strategy a Tremendous Success

Record Sales Results for the Océ ColorWave 500 system

MELVILLE, N.Y., April 19, 2016 (GLOBE NEWSWIRE) -- Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc. recently took actions to make large format color printing accessible to a much broader market segment by both repositioning its award-winning Océ ColorWave 500® system and expanding its supported media and application range. This action enables firms that in the past may have considered printing large format color documents to be too expensive or too specialized access to a highly versatile print device that is within their budgets.

With sales results now in for the first quarter, the Large Format Solutions division has seen a dramatic rise in year-over-year results. "Considering that the Océ ColorWave 500 system was launched just a little over a year ago and was already selling well, the results have exceeded even our own aggressive projections," said Sal Sheikh, vice president of Marketing, Large Format Solutions, Canon Solutions America. "I am proud to say this is one of the hottest selling productive large format color printers in the market today!"

The Océ ColorWave 500 system is ideal for workgroups looking for a cost-effective walk-up system as well as for central operations needing higher productivity for generating large format CAD, GIS, and color graphics applications. Using eco-friendly Océ Crystal Point imaging technology facilitates waterfast prints. In addition, the Océ ColorWave 500 system has a wide range of media options including bond, film, waterfast Tyvek, polypropylene, satin fabric, and wet strength paper to name a few, so multiple departments such as the design and marketing teams can fully utilize the device.

The Océ ColorWave 500 is also useful in decentralized corporate environments due to its compact size, very low ozone emissions, and very low heat and noise output levels.

"By any measure, the repositioning has been extremely successful," said Sheikh. "Enabling an entirely new segment of the market access to this extremely competitive mid-volume device with both monochrome and color large format print, scan, and copy capabilities, means more customers than ever before will be able to take advantage of the productivity of the Océ ColorWave 500 system and print more technical documents in color."


About Canon Solutions America, Inc.

Canon Solutions America provides industry leading enterprise, production, and large format printing solutions, supported by exceptional professional service offerings. With the technology offerings of the Canon and Océ brands, Canon Solutions America helps companies of all sizes improve sustainability, increase efficiency, and control costs through high volume, continuous feed, digital and traditional printing, and document management solutions. A wholly owned subsidiary of Canon U.S.A., Inc., Canon Solutions America is headquartered in Melville, N.Y. and has sales and service locations across the U.S. For more information on Canon Solutions America, please visit csa.canon.com.
 
Canon is a registered trademark of Canon Inc. in the United States and elsewhere. Océ is a registered trademark of Océ-Technologies B.V. in the United States and elsewhere. All other referenced product names and marks are trademarks of their respective owners and are hereby acknowledged.

© 2016 Canon Solutions America, Inc. All rights reserved.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=39890

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