A man named Edward Talton, of Lawndale, CA, made $7 million worth of fake U.S. currency before getting caught by local law enforcement. It took 3 years before he was caught with 4 others making the bills on a color copier.
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One of the greatest sources of technological innovation was the original Bell Labs. Sample:
- 1925 – first public demonstration of fax transmission
- 1927 – first long distance TV transmission
- 1947 – invention of the transition
- 1954 – invention of photovoltaic cell
- 1969 – creation of UNIX operating system
- 1978 – technology for cellular telephony
- In 2001, had 30,000 employees, today only 1,000 as it is owned by Alcatel-Lucent
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ndustry authors claim that Ron Potesky, former Senior VP of Marketing for Ricoh, will be taking a job as President of Pantone Corp.
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Printable Technologies, maker of FusionPro variable data software, announced it now integrates with EFI Monarch/Hagen, a printshop management program.
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Kodak completed its acquisition of Bell & Howell, maker of high speed scanning systems. 50 existing employees will become part of the new division of Kodak, and report to Russell Hunt.
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The National Advertising Division of the Council of Better Business Bureaus has complained to the Federal Trade Commission over what it claims are false advertising practices. They claim that Kodak can not back up its claims that end users can save up to $110 per year if they use Kodak color inkjet printers instead of HPs.
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Olec introduced a new UV Coating system for providing a high gloss finish for output from digital production print systems. Pricing unknown. Details:
- supports up to 80lb. cover stock or 17pt board stock
- top speed of 4000 impressions per hour (depending on stock)
- holds 8 gallons of varnish
- can handle lightweight stocks, minimum of 70lb. gloss text weight
- maximum sheet width of 19 inches
- maximum length of sheet of 26.25”
- maximum roller speed of 300 feet per minute
- maximum heat generated of 350 degrees Farenheit
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IDC released statistics on the desktop A4 printer and MFP markets:
- Worldwide totals declined 21% in units in last quarter from one year ago to 24.1 million units
- Value of units declined 23.2% to $11.6 billion in the quarter
- Color units declined only 6% in the quarter
- 16.6 million inkjet shipments during last quarter
- Monochrome laser units had value of $4.2 billion in quarter
- U.S. market value of $3.9 billion in quarter with 5.7 million units
- Hewlett Packard lost 4% marketshare by declining 28%
- Canon now has 20% marketshare, while shipments declined 8%
- Lexmark now has 5% marketshare with 1.1 million units
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According to WhatTheyThink.com, sales of print jobs from printshops are down $858 million so far this year.
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Principal Ed Frier of the Ridgeview Global Studies Academy Charter School of Winter Haven, FL was shocked when a snake slithered out the new printer he unboxed.
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After a complaint was filed by Fishers Document Systems Inc., the Meridian School District of Boise, Idaho announced it would recant its copier bid award to Xerox. The district will now send out another request for proposals for its 50 public schools.
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