SOURCE: InfoPrint Solutions Company

January 22, 2008 09:00 ET

Personix Is First U.S. Service Bureau to Select InfoPrint 5000 Production Color System for Statement Printing

Move Will Further Enhance Personix's Appeal to Clients by Placing Customer-Facing Transactional Documents at the Center of Marketing Strategy

BOULDER, CO--(Marketwire - January 22, 2008) - InfoPrint Solutions Company, a joint venture between IBM and Ricoh, today announced that Personix, a business unit of Fiserv, Inc. (NASDAQ: FISV) and a leading provider of information technology services to the financial industry, has purchased the InfoPrint 5000 to produce full color statements. Personix selected the InfoPrint 5000 as a result of their in-depth assessment of production full color alternatives in the market.

"Our selection of the InfoPrint 5000 is primarily about creating value, opportunity and growth for our clients," said Personix president Jorge Diaz. "Our selection process made clear that this platform represents a giant leap forward in terms of producing high quality, full-color documents at speeds and levels of productivity comparable to black and white solutions. We believe the InfoPrint 5000 will further enhance the value we create for our clients, and in turn for their customers, by placing customer-facing transactional documents at the center of their marketing strategy, with clear and concise communications that help increase revenues and customer loyalty."

The InfoPrint 5000 fills the gap between other full color offerings with either very high quality and low speeds, or lower print quality and very high speeds.

"The InfoPrint 5000 provides transactional print customers such as Personix with the high quality, speed, reliability and ease of use that they require to meet the demands of their clients for documents with distinctive appearance, while meeting critical print windows," said George Promis, Vice President, Color Solutions and Technology Alliances for InfoPrint Solutions Company. "We are very pleased to have been selected by Personix, since we are confident that the InfoPrint 5000 will meet their expectations and stringent requirements."

The InfoPrint 5000 is available in simplex or tandem duplex configurations. The system can print at speeds up to 209.9 feet/minute (64 meters/minute) or 916 full-color, two-up tandem duplex letter-size impressions/minute (862 A4 impressions/minute). The system has a 20.4" web with up to 19.96" print width and is designed to deliver excellent print quality at 720 x 360 dots per inch (dpi) resolution, with a compact fixed array printhead, low drying temperatures, and unique water-based pigment inks.

About Personix

Personix is a business unit of Fiserv, Inc. (NASDAQ: FISV) and a leading provider of business-critical communications to the financial services, healthcare, telecommunications, investment services and retail markets. Headquartered in Houston, Texas, Personix uses sophisticated software technology and leading production capability to provide high-volume laser printing, mailing, electronic document delivery solutions and plastic card manufacturing, personalization and mailing services to more than 9,000 U.S. and international clients.

About Fiserv, Inc.

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company serves more than 21,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv and CheckFree had more than $4.5 billion in combined pro forma total revenue for 2006. For more information, please visit www.fiserv.com.

InfoPrint Solutions Company

InfoPrint Solutions Company, headquartered in Boulder, Colorado, brings to market the advantages IBM and Ricoh have in the development, manufacturing, marketing and building of strategic solutions for customers, creating a growth-oriented global enterprise that is strategically focused on the output market.

The InfoPrint Solutions Company portfolio includes solutions for production printing for enterprises and commercial printers as well as solutions for office workgroup environments and industrial segments. The company offers customers the highest quality output solutions that optimize productivity by providing efficient workflow and, at the same time, delivering low cost of ownership and high return on investment. The heritage of InfoPrint Solutions Company includes the development of the IBM Advanced Function Presentation (AFP) Architecture -- now an industry standard -- and Intelligent Printer Data Stream (IPDS), which has since become the standard for mission critical business printing. The company also leads the industry in print management solutions with both InfoPrint Process Director and InfoPrint Manager. Please visit www.infoprint.com for more information.

Contact Information

  • Media and Industry Analyst Contacts:

    For InfoPrint:
    Gemma Craven / Tracey Sheehy
    Breakaway Communications for InfoPrint Solutions Company
    Email Contact / Email Contact
    212 616 6005 / 212 616 6003

    For Personix:
    Don Mathis
    Email Contact
    821 274 6366

    For Fiserv:
    Lori Stafford
    Email Contact
    262 879 5130