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XAAR PLC

Regulatory Filings Sep 5, 2018

4768_rns_2018-09-05_d51b4b49-941b-4d92-8df6-7ec0ea1f9011.html

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National Storage Mechanism | Additional information

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RNS Number : 7734Z

Xaar PLC

05 September 2018

Xaar plc

W&H Chooses Xaar 5601 for First Digital Printer for Flexible Packaging

Xaar PLC (LON: XAR) ("Xaar") is pleased to announce that Windmöller & Hölscher ("W&H"), leader in machinery and systems for the manufacturing and converting of flexible packaging, is developing its first digital, single-pass press for flexible packaging using Xaar 5601 printheads. The printhead was selected as a result of successful performance tests conducted over several months last year.

The announcement from W&H is a significant milestone in the development of an economical and stable digital printing process for flexible packaging, following the successful adoption of digital technology by the labelling and commercial printing sectors.

Hermann Veismann, General Manager Business Unit Printing and Finishing, W&H

"We are delighted to be developing our latest system using the Xaar 5601. We saw an opportunity for digital printing in flexible packaging, driven by the need for faster time-to-market and very short order lengths, and aim to overcome the traditional difficulties in this area using our expert knowledge and outstanding new technology."

Sven Michael, Head of the W&H Digital Team

"The new digital machine will be characterised by higher quality and higher speeds and opens up new possibilities in flexible packaging. It includes the Xaar 5601 printhead, which achieves excellent print quality at high production speeds."

Windmöller & Hölscher is the first OEM to publicly announce that its next generation of printers will be driven by the Xaar 5601. The development is also a first step into digital solutions for W&H and reinforces its focus on delivering leading edge products to its customers. The Xaar 5601 incorporates a number of innovative technologies. Using Xaar's new Thin Film Piezo Silicon MEMS technology, the Xaar 5601 is very high resolution with over 5600 nozzles, capable of jetting up to 8 litres of fluid per hour. New innovations such as AcuDrp Technology allow complete control over greyscale drop ejection for perfect image quality. In addition, the Xaar 5601 incorporates TF Technology to maximise production up time, print quality and lifetime.

Doug Edwards, Chief Executive Officer, Xaar

"This announcement is a significant milestone for Xaar. Windmöller & Hölscher is a major player in the flexible packaging machinery market and is renowned for placing innovation at the heart of its new product developments. I'm delighted that the Xaar 5601 has been selected for this new development on the basis of the printhead's high performance."

Enquiries:

Xaar plc
Doug Edwards, Chief Executive Officer

Lily Liu, Chief Financial Officer
+44 (0)1223 423 663
Tulchan Communications
James Macey White

David Ison

Deborah Roney
+44 (0)20 7353 4200

About Xaar

Xaar is a world leader in the development of digital inkjet technology. Our technology drives the conversion of analogue printing and manufacturing methods to digital inkjet which is more efficient, more economical and more productive than the traditional methods which have been in use for years. We design and manufacture printheads as well as systems for product decoration and industrial 3D Printing which use our inkjet technology. We are the only truly independent inkjet technology company with over 25 years of know how. We offer unrivalled inkjet expertise including technology and printhead design and development, and manufacture highly customised product decoration systems and industrial 3D Printing for volume manufacturing. Our unique technologies and products are the leading enabler for innovation and for driving supply chain efficiencies for many industries. Additional information about Xaar is available at www.xaar.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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