
Cimpress Signs Global Deal with HP for a Fleet of HP Indigo PressesChooses HP Indigo digital presses to boost efficiency and enhance production quality, consistency and versatility
D SSELDORF, Germany, June 1, 2016 - Today at Drupa 2016, HP announced that Cimpress, the world leader in mass customization, and HP Indigo's largest customer globally1, agreed to purchase a fleet of the larger format next generation HP Indigo presses (circa 20, of which more than half will be installed in the second half of 2016) that are being shown at drupa. With the purchase of these presses, Cimpress aims to increase efficiency, bolster production capacity and enhance the production quality of products it produces for its customers. Installation of the new presses will start in July 2016 at Cimpress manufacturing facilities in the Netherlands, Canada and Italy.
Building on a decade-long relationship with HP, Cimpress is also upgrading its existing fleet of HP Indigo Digital Presses to incorporate HP's latest capabilities. This portfolio update will enhance the productivity and application range of its existing fleet and ensure Cimpress delivers consistent print quality across its presses and locations. The company's overall investment in its mass customization platform, including these new installations and press upgrades, will support continued growth of the business by enabling additional revenue for the company's brands and improved efficiency across its existing production footprint.
Cimpress is committed to delivering an enormous variety of customized products to customers across the world, said Robert Keane, president and chief executive officer, Cimpress. Delivering exceptional quality while still operating efficiently is important, and that requires sophisticated production management. HP's new Indigo digital printing technology will ensure we streamline our production, offer application possibilities and, most importantly, meet the evolving needs of our customers. We have many different equipment suppliers who are important partners to Cimpress, with HP Indigo being in the very top tier. The technology improvements to HP Indigo which we have seen make us confident that this partnership will endure for many years to come.
Cimpress is recognized as the print industry leader for on-demand, customized print production, and is well-known for its innovative approach to production efficiency and versatility, said Alon Bar-Shany, general manager, Indigo division, HP Inc. New HP Indigo capabilities were designed to boost customer operations in exactly this way, enabling customers to achieve quality, consistency and reliability across many jobs. We look forward to continuing our collaboration with Cimpress, helping them not only meet production goals and customer expectations, but also by delivering the right digital tools to slingshot their leadership into the next decade.
The new 2016 HP Indigo portfolio, including the HP Indigo 12000, 20000 and 30000 Digital Presses are showcased in HP Hall 17 at drupa, May 31 June 10 in D sseldorf, Germany.
Visit the HP drupa 2016 online press kit for more information and to follow HP's drupa news. More information about the latest HP commercial printing and labels and packaging solutions is available atwww.hp.com/go/graphic-arts. Product videos and updates are available on Facebook, Twitter, YouTube and LinkedIn. Add your voice to the #drupa2016 conversation, and share your analysis of the new HP corrugated solutions and their potential for customers by adding the #ReinventPossibilities hashtag.
Based on both overall print volume and number of presses.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of expectation or belief and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected and other risks that are described in HPs Securities and Exchange Commission reports, including, but not limited to, the risks described in HPs Annual Report on Form 10-K for its fiscal year ended October 31, 2015 and HPs Quarterly Report on Form 10-Q for its fiscal quarter ended January 31, 2016. HP assumes no obligation and does not intend to update these forward-looking statements.
2016 HP Inc. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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