Lexmark Rolls Out Additions
To Printer Lineup
Lexmark International unveiled several new products
yesterday aimed at fast-growing markets where the company is
under-represented. Among the offerings is a new color laser
printer designed for small and medium business customers. The
C500n prints up to 31 pages a minute in black and white and
8 pages a minute in color. The printer has an estimated retail
price of $399. "Our small and medium business customers
are asking for ways to print professional, high-quality color
documents in-house and the Lexmark C500n ... delivers just that,"
Executive Vice President Paul Rooke told analysts and investors
yesterday at the UBS Enterprise Technology & Services Conference
in New York City.
The company also debuted the X340 series of monochrome
laser all-in-one printers, which are aimed at small work groups.
Users can print, copy, fax and scan with the printers, which
offer speeds of up to 27 pages a minute. The X340n is expected
to cost $349. The higher-end model, the X342n, features a higher-yield
toner cartridge and is expected to cost $399. Rounding out the
company's newest offerings are a new multifunction printer and
scanner. The X642e, a monochrome laser multifunction printer,
prints and copies at up to 45 pages a minute and is expected
to sell at about $1,499. The printer also offers scanning and
fax capabilities. The Lexmark 4600 scanner, with an estimated
price of $2,099, allows users to add copy, scan, e-mail and
fax functionality to current printers.
Rooke emphasized to investors that Lexmark continues
to increase spending on research and development, leading to
new products such as yesterday's that were launched in high-growth
segments. "You should expect more of the same as we look
forward," Rooke said. Rooke was asked at the conference
about a component shortage that executives mentioned during
a recent investor conference call. The shortage, if it occurs,
would affect the second half of the year. The component in question
affects inkjet printers, but Rooke did not elaborate on the
degree of shortage. He said executives would offer an update
on the potential problem in July.
