HP wins five-year Shutterfly deal - accelerates digital print momentumShutterfly and HP Indigo help customers personalize and print what they love
News highlights:
HP Indigo named a Shutterfly preferred digital press provider
Shutterfly installs additional HP Indigo 12000 Digital Presses for largest customer deal to date
Expanded relationship highlights growth and transformation of HP's digital printing and graphics business
PALO ALTO, Calif., August 16, 2017 - HP Inc. (NYSE: HPQ) today announced a historic deal with Shutterfly, the world's leading online retailer and manufacturer of high-quality personalized products and services, adding a second phase of HP Indigo 12000 Digital Presses and naming HP as its preferred digital press provider for its core business. The announcement comes just a year after Shutterfly acquired a first phase of HP Indigo 12000 Digital Presses, making the combined order the largest deal by far for HP Indigo.
We are seeing an incredible renaissance in digital printing. People click on what they like, but print what they love. The power of HP's digital print technologies opens new markets, applications and possibilities for our top customers like Shutterfly, said Enrique Lores, President, Imaging & Printing Business, HP Inc. We are seeing enormous momentum in our digital printing and graphics business as more companies discover the power of print to reinvent connections. Shutterfly leads the market in high-quality photo-based printed products and we are incredibly pleased to be part of that success.
Shutterfly will use its new fleet of digital presses to produce a range of high-quality, personalized products and gifts including photo books, calendars, custom stationery, cards and keepsakes. The 29-inch format HP Indigo 12000 Digital Press enables production of these products through offset matching digital color with true photo quality, high productivity, and wide versatility on an unmatched range of media including synthetic, metalized and canvas applications. The new HP Indigo presses will be installed in time to help Shutterfly manage the annual boom of photo-based gift giving for the holiday season.
At Shutterfly, our mission is to help people share life's joy. Our customers trust us with their most treasured memories, and count on us to deliver the best quality in the industry, said Dwayne Black, Senior Vice President, Chief Operations Officer, Shutterfly, Inc. HP Indigo digital presses set the industry standard for quality, and after our successful HP press installs last year, we're delighted to complete the second phase of upgrading our printing fleet. Through this initiative we're further raising the quality we deliver to customers in time for the holidays this year, helping us deliver on our happiness guarantee.
Today's Shutterfly announcement is another proof point of the accelerated growth of brands, from all industries, leveraging the power and unique capabilities of HP digital printing to find new ways to engage with their customers. HP digital printing enables creativity and personalization, speeds time to market, reduces complexity, helps cut costs and provides security for some of today's leading global companies, including The Coca-Cola Company, Mondelez International/Oreo and many more.
HP is leading the analog-to-digital revolution with more than 500 Indigo B2 presses operating in 50 countries around the world.
More information on HP's award-winning HP Indigo digital presses is available at http://www8.hp.com/us/en/commercial-printers/indigo-presses/12000.html.
More about HP Digital Presses:
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 pro
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HP wins five-year Shutterfly deal - accelerates digital print momentumShutterfly and HP Indigo help customers personalize and print what they love
