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TEC to License NCR Two-Sided Printing Technology

  • 02 June, 2006 10:26

<p>Leading printer manufacturer to offer new technology to OEM solution providers</p>
<p>SYDNEY, 2 June 2006 – TEC Singapore Electronics, a division of Toshiba TEC Corporation, has signed an agreement with NCR Corporation (NYSE: NCR) to license NCR’s simultaneous two-sided thermal printing technology. NCR’s patented printing process reduces paper roll receipt usage by as much as 50 percent and provides additional operational savings on freight, storage, disposal and roll changes.</p>
<p>TEC Singapore Electronics designs, manufactures and sells printing devices to equipment OEMs who incorporate TEC’s printing devices into their business solutions. Customers include major OEMs in the point-of-sale (POS), ATM and self-service kiosk markets. This license gives TEC the ability to sell two-sided thermal printing devices to its customers worldwide.</p>
<p>“We believe this represents the beginning of a new standard in printing technology,” said TEC Executive Vice President Masato Yamamoto. “We are delighted to be able to offer two-sided thermal printers to the OEM market.”</p>
<p>In addition to store checkouts, two-sided thermal receipt printing opens the door for applications in banking, event ticketing, self-service kiosks and more.</p>
<p>“We believe the advantages of simultaneous two-sided printing are so numerous that it will ultimately replace single-sided printing as the technology of choice for business transactions going forward,” said Peter Dorsman, vice president and general manager of NCR’s Systemedia Division, a leading provider of printer consumables such as paper rolls, laser cartridges and RFID solutions.</p>
<p>Beyond introducing efficiencies at the POS by requiring fewer paper roll changes, two-sided printing also reduces paper consumption, benefiting the environment by helping save trees. Implementing the technology at a large discount department store could save up to 75 trees per year.</p>
<p>“Two-sided printing technology allows businesses to expedite the checkout experience as well as address the growing consumer demand for environmental stewardship, which can increase customer loyalty in an increasingly competitive environment,” said Dorsman.</p>
<p>NCR’s two-sided receipts allow for customised messaging, offering retailers who employ CRM greater promotional flexibility over pre-printed paper rolls with static information. They can also be printed in combinations of black on one side of the receipt with black, red or blue on the other side to attract attention and promote more effectively, but with no additional cost for standard paper or the printer.</p>
<p>NCR is offering commercially attractive licensing terms to other printer manufacturers and paper mills interested in offering its two-sided thermal printing technology. For more information on NCR’s license program, contact them at two.sided@ncr.com.</p>
<p>About NCR Corporation</p>
<p>NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR’s Teradata® data warehouses, ATMs, retail systems, self-service solutions and IT services provide Relationship Technology™ that maximizes the value of customer interactions and helps organizations create a stronger competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 28,400 people worldwide.
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NCR, NCR EasyPoint, NCR FastLane, NCR RealPOS, NCR RealPrice, NCR RealScan, NCR RealSolutions and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.</p>

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