TMCnet News
LSC Communications Invests in HP Digital Production Technology to Support Growing Book Publishing Client DemandLSC Communications, Inc. (NYSE: LKSD) announced today that the Company has entered into agreements to expand its digital book production platform. The key deliverables of the expansion include an HP PageWide Web Press T490 HD, HDNA upgrades to existing HP PageWide presses and HP priming technology. This strategic investment to support the Company's growing client demand will significantly increase LSC Communications' digital capacity and create one of the world's largest digital book production platforms. "The additional growth of HP's world-class scalable printing technology to our digital platform supports our industry-leading inventory management model, helping us to continue providing custom supply chain solutions for book publishers that increase their speed-to-market, produce high quality products and decrease their total cost of ownership," commented Dave McCree, President Book Division, LSC Communications. Chairman and CEO of LSC Communications, Thomas J. Quinlan III, further commented, "We are committed to driving innovation in the publishing supply chain. Our focus will continue to be on investing in technology solutions that help propel our publishing clients to the forefront of their business." HP High Definition Nozzle Architecture (HDNA) on HP PageWide Web Presses transforms quality and productivity, extending application range for new digital possibilities. "Today's high-quality book publishing increasingly requires a combination of ofset-class print quality, productivity, and media versatility, along with the unique versatility and efficiency of inkjet printing," said Eric Wiesner, general manager, HP PageWide Industrial division. "LSC's investment will enable its clients to benefit from the HDNA capabilities and create new digital possibilities." About LSC Communications LSC Communications (NYSE: LKSD) is a global leader in traditional and digital print, print-related services and office products that serves the needs of publishers, merchandisers and retailers. The Company's service offering includes e-services, warehousing and fulfillment and supply chain management. LSC utilizes a broad portfolio of technology capabilities coupled with consultative attention to clients' needs to increase speed to market, reduce costs, provide postal savings to clients and improve efficiencies. Strategically located operations provide local service and responsiveness while leveraging the economic, geographic and technological advantages of an international organization. For more information about LSC Communications, visit www.lsccom.com. Forward-Looking Statements This news release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements, including risks associated with the ability of LSC Communications to perform as expected as a separate, independent entity and risks associated with the volatility and disruption of the capital and credit markets, and adverse changes in the global economy. Readers are strongly encouraged to read the full cautionary statements contained in LSC's filings with the SEC (News - Alert). LSC disclaims any obligation to update or revise any forward-looking statements. View source version on businesswire.com: http://www.businesswire.com/news/home/20170123005196/en/ |
