Cimpress intends to purchase up to 20 presses upon completion of successful testing; deal could become commercial printing industry’s largest ever
Dusseldorf, Germany (Drupa 2016) – May 31, 2016 – Cimpress N.V. (Nasdaq: CMPR) and Landa Digital Printing have announced that the companies will partner to jointly specify customized Landa S10P (perfecting) Nanographic Printing® Presses. Subject to successful completion of beta testing, Cimpress intends to purchase up to 20 Landa presses for deployment worldwide. Cimpress is the global leader in mass customization, and the world’s largest web-to-print player.
The deal, which could become the commercial printing industry’s largest-ever digital printing transaction, is part of a broad strategic cooperation between Landa and Cimpress. Landa’s ultra-fast Nanographic Printing® Presses are seen as a great fit to meet the web-to-print giant’s growing need for high quality, high volume mass customization. Cimpress’ highly automated, computer integrated manufacturing facilities expects to employ the Landa S10P B1 (41 inch) perfecting presses to move mainstream jobs from offset to digital printing. The Landa S10P digital press prints on any off-the-shelf paper at up to 13,000 sheets per hour.
“Cimpress looks forward to deploying Landa Nanography® because we see it as a breakthrough technology that could enable us to transform our mainstream printing that we currently produce with offset presses. It is uniquely suited to a global technology and manufacturing-driven company like our own,” says Robert Keane, president and chief executive officer, Cimpress. “We aggregate, via the Internet, large volumes of individually customized orders for a broad spectrum of print, signage, and other products. Nanography combines quality, speed, substrate-independence and print cost to create a major competitive advantage.”
“This partnership is a tremendous opportunity for both our companies,” says Benny Landa, Chairman of the Landa Group. “For more than 20 years, digital printing has excelled as a solution for niche or low run-length markets. The Cimpress deal is one big step for Landa, but a giant step for the digital printing industry. With the volumes of digital print that Cimpress could produce across the globe on Nanographic Printing® presses, we can finally say that digital printing is truly becoming mainstream.”
About Cimpress
Cimpress N.V. (Nasdaq: CMPR) is the world leader in mass customization. For more than 20 years, the company has been producing, with the reliability, quality and affordability of mass production, small individual orders where each and every one embodies the personal relevance inherent to customized physical products. The company produces more than 46 million uniquely designed items a year. Cimpress’ portfolio of brands includes Vistaprint, Albelli, Drukwerkdeal, Pixartprinting, Exaprint and others. That portfolio serves multiple customer segments across many applications for mass customization. To learn more, visit http://www.cimpress.com.
Cimpress and the Cimpress logo are trademarks of Cimpress N.V. or its subsidiaries. All other brand and product names appearing on this announcement may be trademarks or registered trademarks of their respective holders.
About Landa
Headed by Indigo founder, Benny Landa, the Landa Group is comprised of four units: Landa Digital Printing, whose Nanographic Printing® presses bridge the industry’s “Profitability Gap”, cost-effectively combining the versatility of digital with the qualities and speed of offset to produce short-to-medium runs with the lowest cost per digitally-printed page in the industry; Landa Labs, the group’s innovation arm, which explores nanotechnology for use in alternative energy, industrial coatings, cosmetics, packaging, drug delivery and other fields; Landa Ventures, which invests in early stage companies with complementary disruptive technology; and the Landa Fund, which helps underprivileged youth pursue higher education. Benny Landa continues to add to his portfolio of over 800 patents worldwide that provide the companies he founded with a solid intellectual property base.
For more information, visit us at landanano.com or follow us on social media at landanano.com/social.
Cimpress N.V. Contacts:
Media Relations:
Cheryl Wadsworth
Tel: +1-781-690-2120
mediarelations@cimpress.com
Investor Relations:
Meredith Burns
Tel: +1-781-652-6480
Landa Contacts:
EMEA & APJ:
Ben Dodson
Incus Media Ltd
Tel: +44 1737 294001
Americas:
Helene Cohen Smith
HSPR
Tel: +1 321 388 6511
Israel:
Rani Rogel
Allmedia-Doran PR Israel
Tel: +972 3 9235383