HP delivers first HP PageWide C500 Press for direct digital corrugated printing

HP delivers first HP PageWide C500 Press for direct digital corrugated printingCustomer site installation of groundbreaking post-print solution begins at Carmel Frenkel

PALO ALTO, Calif., December 14, 2017 - HP Inc. today announced the first delivery of an HP PageWide C500 Press for digital mainstream corrugated direct-to-board printing to a customer site, as HP continues to expand its portfolio of innovative package printing solutions.

Carmel Frenkel will serve as the customer testing site for the HP PageWide C500 Press, now moving a step closer toward commercialization. The Caesarea, Israel-based converter supplies packaging solutions for leading brands, including in the food and beverage industry.

The installation marks a significant milestone in the launch of the HP PageWide C500 Press. This groundbreaking technology can address the broadest range of digitally post-printed corrugated packaging applications, including the growing segment of food packaging, said Eric Wiesner, general manager, HP PageWide Industrial Division, HP Inc.

Announced at drupa 2016, the first HP PageWide C500 commercial units are due to be installed in 2018 at launch customers in Europe and the United States.

An ideal digital solution to address the dynamic packaging market

The HP PageWide C500 provides a cost-effective digital alternative for offset lamination and flexo production. The press delivers offset quality direct-to-board with mainstream productivity on both coated and uncoated papers, delivering packaging with vibrant graphics that preserves even the finest details.

With its special water-based ink1 formulation, the HP PageWide C500 will enable converters to print food applications that can help comply with global food safety regulations and industry guidelines.

Unlike some other digital printing alternatives, HP PageWide water-based Inks are 100% free of UV-reactive chemistries. Thus, these inks enable robust and trusted food-safe printing for both primary and secondary corrugated packaging, Wiesner added.

The HP PageWide C500 press joins HP's portfolio of solutions for corrugated applications, providing converters with new opportunities to satisfy dynamic market requirements, including speed to market, high customization and short runs, and supply chain efficiency.

HP also offers a comprehensive solution for converters to go digital, including digital workflow, business development tools, financing, and ramp-up support, as it continues to lead digital printing adoption by converters worldwide.

The HP PageWide C500 press offers the following features:

Prints on 1.3 (W) x 2.5 (L) sized boards maximum

Speed of 75 linear m/min (246 linear ft/min)

Innovative HP Virtual Belt technology for accurate corrugated board handling, delivering offset quality directly on the board

Supports a wide range of media, including industrial grade corrugated boards, from the lightest micro-flute to the heaviest double-wall board thanks to HP Corrugated Grip Technology

HP CV150 water based inks intended for printing on external side of corrugated packaging, including primary packaging (sometimes referred to as Food Contact Packaging' in US). 3rd party (Intertek) World-Wide Statement of Regulatory Listing available for HP CV150 water based inks, based on Tenax migration testing on E-flute corrugated packaging. Contact HP for additional information.

Forward-Looking Statements

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP Inc. and its consolidated subsidiaries ( HP ) may differ materially from those expressed or implied by such forward-looking statements and assumptions.

All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred tax assets, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges; any statements of the plans, strategies and objectives of management for future operations, including the execution of restructuring plans and any resulting cost savings, revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.

Risks, uncertainties and assumptions include the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and the delivery of HP's services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risk

LINK:	http://www8.hp.com/us/en/hp-news/press-release.html?id=2539693...
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