News

NSi to present at MAVA's Capital Connection 2008

The Mid-Atlantic Venture Association (MAVA) today announced that 33 early through expansion stage companies have been selected to present during the Capital Connection(SM) 2008 venture fair May 27-28, 2008, at the Baltimore Marriott Waterfront Hotel. Representing the first group in a series of presenter

announcements for Capital Connection 2008, these companies span a wide range of industries, including e-commerce, Internet, media, security, software and wireless.


IKON Introduces New Printer Line

MALVERN, Pa.--(BUSINESS WIRE)--May 12, 2008--IKON Office Solutions (NYSE:IKN), the world's largest independent channel for document management systems and services, today introduced the IKON BusinessPro(R) line of printers. Developed in conjunction with Ricoh, the line consists of three printers, the IKON BusinessPro(R) 31MP, a high-value black and white printer designed for desktop applications; the IKON BusinessPro(R) 3131CP, a color desktop printer that combines superior image quality with quick print speeds; and the IKON BusinessPro(R) 4040CP, a color workgroup printer that produces fast, high-quality results, combining precise color calibration with broad paper handling capabilities.


Konica Minolta Introduces New Printer Geared Towards Design Professionals

Ramsey, N.J. – May 12, 2008 – Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leading provider of advanced imaging and networking technologies for the desktop to the print shop, today announced the availability of the magicolor 7450 grafx laser printer, tailored for graphic design professionals.  The magicolor® 7450 grafx handles a broad selection of media types and weights up to 140 lb. index and a 120,000 print monthly duty cycle, giving graphic design professionals enormous flexibility for brochure printing, promotional publishing, and commercial-quality documents in both Mac or PC creative environments.

“The magicolor 7450 grafx is optimized for the design professional, helping them bring to life their design elements they create,” said Kevin Kern, vice president, marketing, Konica Minolta Business Solutions U.S.A., Inc. “With the introduction of the magicolor 7450 grafx, Konica Minolta delivers a color laser printer that will allow graphic designers to output documents with the image quality and consistency they demand.”


Océ Business Services Shares Recommendations to Help Organizations to Increase Mail Management Efficiency while Containing Costs

NEW YORK (May 12, 2008) – With postage price increases taking effect today, Océ Business Services, a leader in document process management and electronic discovery, shared recommendations to help enterprises increase the efficiency of their mail management operations while containing costs.
Océ Business Service provides the following guidelines designed to help organizations address five key mail management issues:
Minimize costly flats
Fold pages and insert them into smaller envelopes. For example, inserting nine pages into a 10”x13” flat envelope will cost $1.14 in postage. Folding the same nine pages and inserting them into a 6”x9.5” envelope will cost $.59 in postage, a 49 percent savings. (A 6”x 9.5” is .5 ounces lighter than a large envelope.) In addition to folding, duplex-printing documents (copying on both sides of the page rather than one side) before mailing can reduce postage costs by minimizing both the weight and thickness of the mail piece.


Samsung Expands Its Multifunction Printer Line

May 12, 2008 - At a recent briefing in New York City, Samsung Electronics America displayed new MFP products that it hopes will allow it to grab more market share. Back in March of 2007, Samsung launched the A4-sized SCX-6345N MFP, which is a 45-ppm device that offers standard network printing, convenience copy, scan and optional faxing. The 45-ppm unit is now joined by the monochrome 55-ppm SCX-6555N, which is also an A4-size unit. While the 55-ppm unit was the only monochrome model on display, Samsung officials said that the company plans to expand its monochrome MFP line up to 75 ppm within the next year, to be followed in the next three to five years by models with speeds of between 90 ppm and 110 ppm, which would allow the company to target high-volume production environments. Further, the company displayed the MultiXpress CLX-8380ND, which is Samsung’s fastest color printer to date. Three additional color printers were presented, the single-pass CLX-6200FX, CLX-6210FX and CLX-6240FX, which will replace Samsung’s multi-pass predecessors. 


Hewlett-Packard Company Foundation Commits $250,000 to World Food Programme for Relief Efforts in Myanmar (Burma)

PALO ALTO, Calif., May 9, 2008 - The Hewlett-Packard Company Foundation today announced it has committed $250,000 to the United Nations World Food Programme (WFP) for aid in the disaster relief efforts in Myanmar (Burma).

HP and its employees around the world have been deeply moved by the devastating impact of Cyclone Nargis on the hundreds of thousands of innocent citizens in communities in southern Myanmar.

The HP Company Foundation contribution comes on the heels of an urgent request by the WFP (www.wfp.org), one of only two relief agencies operating in the country, to assist them in their efforts to help the victims of the storm.


Special Committee of Independent Directors Continues to Evaluate Strategic Alternatives

Bellevue, Wash. — May 9, 2008 — Captaris, Inc. (NASDAQ: CAPA), a leading provider of software products that automate document-centric processes, today reported financial results for its first quarter ended March 31, 2008.

Total revenue for the quarter was $27.9 million, a 36% increase over the prior year’s first quarter. Revenue by category, compared to the first quarter of 2007 was as follows:


Romeu Joins Billback’s UK/Europe Sales Team

LONDON— Billback Systems, a world leader in cost recovery systems for legal and professional service firms, announced the appointment of Lucia Romeu as their newest sales consultant in charge of building client relationships in the United Kingdom and Europe.

Romeu’s territory will include eastern England and Spain.

She was hired as part of the Billback’s aggressive global growth plans. The firm has experienced phenomenal success during its entry into the U.K. and other markets. In the last three years, the company has brought on hundreds of law firm clients, including 5 of the top 10 largest global firms.


ABBYY Opens Fourteenth Annual DOCFLOW Conference and Expo 2008

Docflow 2008Moscow, Russia (May 8, 2008) – ABBYY, a leading provider of recognition, data capture and linguistic software, today announced that the fourteenth annual DOCFLOW Conference and Exhibition, organized each year by ABBYY Russia, is taking place May 12 – 13 at the Business Center of the Radisson SAS Slavyanskaya Hotel in Moscow, Russia. Over the past 14 years, DOCFLOW has become a major event in the field of enterprise content management (ECM). This year for the first time in its history, the conference will cover two days, allowing attendees more time to take part in the conference business program, and study the presented products and solutions.


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