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SNBC Licenses NCRa?s Two-Sided Thermal Printer IP

^{Published on 2010-08-05 13:41:57 - Market Wire}
 

DULUTH, Ga.--([ BUSINESS WIRE ])--[ Shandong New Beiyang Info-Tech Co., Ltd ] (SNBC) has signed an agreement to license two-sided thermal printer intellectual property (IP) from [ NCR Corporation ] (NYSE: NCR). This license gives SNBC the worldwide right to make, use and sell two-sided thermal printers under NCRa™s two-sided thermal printer intellectual property.

"SNBC's strong and growing Asian presence will help expand two-sided thermal printing into Asian markets, including China, as well as into other countries as SNBC grows worldwide. We are pleased that more and more leading technology companies are turning to NCR two-sided thermal printing to augment their own printing technologies"

aAs one of the most innovative printer companies in China, we are excited to be able to integrate NCRa™s two-sided thermal printing technology into our existing products. The value of this intellectual property is significant for both us and our customers and we look forward to having the ability to help our customers reduce paper consumption and offer additional promotional options to their end users,a said Qiangzi Cong, general manager, SNBC.

NCRa™s 2ST^TM[ two-sided printing technology ] improves the efficiency of the printing process by allowing simultaneous printing on both the front and back side of a receipt or other media. By using less paper, it also helps reduce environmental impact while optimizing productivity and lowering costs.

aSNBC's strong and growing Asian presence will help expand two-sided thermal printing into Asian markets, including China, as well as into other countries as SNBC grows worldwide. We are pleased that more and more leading technology companies are turning to NCR two-sided thermal printing to augment their own printing technologies,a said Dan Bogan, senior vice president and general manager of NCR [ Consumables Solutions ], a leading provider of printer consumables.

NCR is offering commercially attractive IP [ licensing ] terms to other printer manufacturers and paper mills interested in its two-sided thermal printing technology. For more information on NCRa™s licensing program, contact the company at [ two.sided@ncr.com ].

For more information on SNBC, please visit [ www.newbeiyang.com ].

About NCR Corporation

NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCRa™s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming and public sector organizations in more than 100 countries. NCR ([ www.ncr.com ]) is headquartered in Duluth, Georgia.

NCR is a trademark of NCR Corporation in the United States and other countries.