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Xaar strategic partnership with Ricoh

02 June 2016 15:15

Xaar has launched a new printhead family and announced a strategic collaboration with Ricoh at drupa, the largest printing equipment exhibition in the world.

Xaar has launched the new Thin Film piezo Silicon MEMS 5601 (also known as P4) family of printheads which deliver a market-leading combination of low cost of ownership, print quality and usability. The Xaar 5601 3p0 is the first of this printhead family to be launched and will be available at the end of 2016. Its small drop and outstanding performance make it ideal for textiles, laminates, commercial print, carton printing and many more applications. Xaar and global technology company, Ricoh, have established an important partnership to capitalise on each company's considerable expertise in Thin Film piezo printhead development. The partnership will deliver substantial benefits to the customers of both Xaar and Ricoh through market-leading technology and a broader range of Thin Film piezo printheads. The announcement comes at an exciting time for Xaar, whose Bulk piezo inkjet technology is already at the heart of an enormous number of industrial printing systems in a wide variety of applications around the world. Xaar's collaboration with Ricoh relates to new technology and products developed for a number of its new Thin Film piezo printheads. The first product which has benefited from this partnership, the Xaar 1201 GS2p5, is on display on the Xaar booth at drupa. Chief executive Doug Edwards said: "We are delighted to announce the new Xaar 5601 family of printheads and the strategic collaboration with Ricoh, both of which will provide end customers in many industry sectors with improved productivity at lower cost. Continued investment in technology and product development, together with strategic partnerships, are key elements of our 2020 vision."

At 3:15pm: (LON:XAR) Xaar PLC share price was +10.13p at 480.13p

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Related Company: XAR

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