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Océ Showcases Game-Changing Project Velocity at SGIA Expo 2012

Digital, large format color technology prints up to 15 times faster than conventional aqueous inkjet

LAS VEGAS, NV -- October 18, 2012 -- Océ, a Canon Group Company and an international leader in digital document management and delivery, today announced that it will showcase the North American debut of its first fully integrated and automated large format printing system based on Memjet technology at the SGIA Expo 2012. Project Velocity is a product concept that combines Océ’s leading expertise in productive printing and workflow for large format environments with Memjet’s high-speed digital color printing technology. The SGIA Expo 2012 will convene in Las Vegas, NV, October 18-20.

Project Velocity is a revolutionary high speed production system for both color and monochrome applications including:

The result of more than three years of joint engineering and product development between Océ and Memjet, Velocity offers game-changing digital technology that prints up to 15 times faster than conventional aqueous inkjet systems – speeds never believed possible for large format applications.

Professional print providers can use this technology to enter new markets, expand their services and help generate new revenues by producing high volumes of posters, maps and architectural plans with unmatched productivity compared to conventional inkjet solutions. To keep up with the demand for fresh, last-minute information, retail posters can now be printed with variable content much faster and more productively than with inkjet systems.

Breakthrough Productivity for Large Format, Digital Color Printing

Velocity combines Océ’s expertise in productive printing and workflow for large format environments with Memjet’s high-speed, digital color printing technology. Key features of Velocity include:

Imagine printing 100 36”x48” (E-size) posters in just 12 minutes on Velocity – versus 3 hours on a traditional inkjet system. Or printing 250 E-size posters on Velocity in the 20-30 minutes it takes to set up an offset run, with the added benefit of variable content. Now, print providers have a powerful digital option for large format, high volume color printing that can help them enter new markets, expand their services and generate new revenues. 

Océ’s Award-Winning Productivity and Workflow Capabilities Combined with Memjet’s High-Speed, Color Printing Technology

“Velocity is the result of our collaborative approach to innovation. The market has long waited for a productive color solution for the high volume segment,” said Erik van Eldik, Vice President Wide Format Printing Systems at Océ-Technologies B.V. “We selected Memjet as a technology partner because of the value that their impressive technology adds to the highly regarded productivity and reliability of our wide format systems. We focused on complementing our innovation assets and know-how with Memjet technology to create a product that the market was demanding as quickly as possible.”

Velocity uses the highly accurate, six-roll media input technology from the successful Océ ColorWave 650 printer. The media input automatically switches between different rolls and media widths, providing a total capacity of 13,650 square feet feet. The Océ Double Decker Pro stacker, currently available on the Océ PlotWave 900 printer, is used to deliver the highest possible productivity. It has a dual tray system which allows unloading and printing to occur at the same time, which effectively allows the system to print 13,650 square feet of output without interruption. The Velocity concept features an intuitive touch screen control panel from the Océ VarioPrint 6000 series printer. It uses the Océ PowerM controller, color image processing and workflow components of the Océ ColorWave 650 family to further enhance and accelerate production. This concept also supports a true Adobe PDF workflow.

Memjet delivers an entirely new category of technology that makes possible high-quality color printing at never-before seen speeds and affordability. Memjet does this by putting more than 70,000 ink nozzles on a single printhead – 17 times the density of traditional inkjet printheads. Memjet’s printhead is 8.77 inches wide. The design allows Memjet-powered printers to deliver more than 700 million drops of ink per second on a page. Memjet wide format technology combines five Memjet printheads to operate as one, firing more than 3 billion drops of ink per second.

Tim Greene of InfoTrends commented, “Velocity takes advantage of Océ's strengths such as paper handling for production environments, production workflow in the technical market and controller technology, and wraps them around Memjet's revolutionary technology and components. A partnership of this magnitude is very important to the global wide format market.  It is set to change the competitive landscape overnight and how super-fast wide format print can -- and will -- be leveraged by printers and their customers.” 

About Océ

Océ is one of the leading providers of document management and printing for professionals. The Océ offering includes office printing and copying systems, high speed digital production printers and wide format printing systems for both technical documentation and color display graphics. Océ is also a foremost supplier of document management outsourcing. Many of the Fortune Global 500 companies and leading commercial printers are Océ customers. The company was founded in 1877. With headquarters in Venlo, The Netherlands, Océ is active in over 100 countries and employs more than 20,000 people worldwide.  Océ North America is headquartered in Trumbull, CT, with additional business units in Chicago, IL and Boca Raton, FL.  For more information, visit www.oce.com. 

Océ and Canon: Stronger together

In 2010 Océ joined the Canon Group of companies with headquarters in Tokyo, Japan, to create the global leader in the printing industry. Canon develops, manufactures and markets a growing line-up of copying machines, printers, cameras, optical and other products that meet a diverse range of customer needs. The Canon Group comprises over 198,000 employees worldwide. Global net sales in 2011 totalled USD 45.6 billion. Visit the Canon Inc. website at www.canon.com. 

About Canon U.S.A., Inc.                                                        

Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions. With approximately $45.6 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks third overall in U.S. patents registered in 2011* and is one of Fortune Magazine's World’s Most Admired Companies in 2012. In 2012, for the ninth consecutive year, Canon U.S.A. has received the PCMag.com Readers’ Choice Award for Service and Reliability. Committed to the highest level of customer satisfaction and loyalty, Canon U.S.A. provides 100 percent U.S.-based consumer service and support for all of the products it distributes. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss.


Contact:

Karen Fitt
Océ North America
Corporate Communications
312.873.3422
773.714.4664   
Email Contact
www.oceusa.com

Stephen Dye
Outlook Marketing Services
325 N. LaSalle, Suite 325
Chicago, IL 60610
312-873-3422
Email Contact