Quantcast
  • E-mail
  • Print
  • Comment
  • Font Size
  • Digg
  • del.icio.us
  • Discuss article

Rimage Corporation Announces $6.5 Million Order From New Major National Retail Customer

Posted on: Monday, 11 June 2007, 09:00 CDT

Rimage Corporation (Nasdaq:RIMG) today announced that a new major national retail customer has placed a $6.5 million order for Rimage's disc publishing systems, including maintenance contracts and replacement disc surface printer ribbons. The order encompasses a national storewide rollout for this retail customer.

Shipments of the high-end Producer line hardware and related printer ribbons are expected to commence later this month, with the majority of the order scheduled to ship in Rimage's third quarter. The on-demand publishing of customers' photos on discs is expected to be the initial application for these systems, but this equipment is capable of supporting multiple retail applications, including video and music on-demand.

Bernard P. (Bernie) Aldrich, Rimage's president and chief executive officer, commented: "As a storewide rollout with a major national retailer, this order marks another significant step forward in our efforts aimed at penetrating the retail marketplace. We are gratified by the confidence that our new retail customer is demonstrating in Rimage's advanced disc publishing technology, which is becoming the retail industry standard."

Following the close of the first quarter, Rimage also announced an order totaling approximately $8.0 million for disc publishing systems and related maintenance contracts from another major national retailer. This order is expected to ship in Rimage's second and third quarters.

About Rimage

Rimage Corporation is the world's leading provider of disc publishing systems, which are used by businesses to produce discs with customized digital content on an on-demand basis. Rimage's publishing systems, which span the range from high to low CD/DVD production volumes, integrate robotics, software and surface label printers into a complete publishing solution. Rimage is focusing its CD/DVD publishing solutions on a set of vertical markets with special needs for customized, on-demand digital information, including digital photography, medical imaging and financial institutions. Visit our web site at www.rimage.com

Statements regarding Rimage's anticipated performance are forward-looking and therefore involve risks and uncertainties, including but not limited to: market conditions, competitive products, changes in technology, conditions in overseas markets that could affect international sales, and other factors set forth in Rimage's filings with the Securities and Exchange Commission.


Source: Business Wire

More News in this Category


Related Articles



Rating: 2.7 / 5 (7 votes)
Rate this article:
1/52/53/54/55/5

User Comments (0)

Comment on this article

Your Name
Text from the image
Comment
max 1200 chars
* All fields are required