Xaar and Xennia to extend collaboration agreement


19-04-2005

Xaar plc, the inkjet printing technology group headquartered in Cambridge, announces that Xaar and Xennia Technology Limited have agreed to extend their inkjet cooperation first announced last June.

Under the new agreement, Xennia will be a preferred Xaar integrator partner and the companies will work together to offer customers turnkey industrial inkjet solutions, based on Xaar printheads and Xennia's inkjet ink and engineering capabilities.



At this week's IMI Inkjet Developers Conference in Geneva, Xennia will unveil plans for expansion in the fast growing market for industrial inkjet applications and launch its new product manufacturing and supply division, XenJet.



XenJet will provide a range of inkjet print engines and production printers, available as standalone units or for integration onto customers' production lines. The current range of Xaar printheads and the latest generation greyscale heads will be fully supported by XenJet products.



Commenting on the announcement, Nick Balon, VP and General Manager of Xennia said: 'We regard the strengthening of the Xennia-Xaar relationship as very good news for our customers.



'Our goal is to make it easier for our customers to implement robust inkjet solutions into their production processes. Xennia's expertise in inkjet ink formulation and systems integration, together with Xaar's position as a leading printhead company will, we believe, be a compelling proposition.'



Nigel Berry, Deputy Chief Executive of Xaar and head of business development said: 'The increased level of commitment between Xaar and Xennia is a significant step and will benefit the end-users of our technology, particularly in the new markets we have targeted for future growth which will require both systems and fluid development to be successful. This announcement forms part of our strategy of building a powerful integrator network for Xaar printheads and other products.'



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Contacts



Xaar plc:



Ian Dinwoodie, Chief Executive



Nigel Berry, Group Finance Director & Deputy Chief Executive

01223-423663





Bankside Consultants:

Steve Liebmann



020-7444-4163 / 07802-888159

To read more information, click here.

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