Less Ads, More Data, More Tools Register for FREE

Pin to quick picksXaar Regulatory News (XAR)

Share Price Information for Xaar (XAR)

Share Price is delayed by 15 minutes
Get Live Data
145.00    0.00 (0.00%)
Bid:
0.00
Ask:
0.00
Spread: 4.00 (2.847%)
Market Cap: £113.79m
XAR Live PriceLast checked at - London Stock Exchange

Intraday Xaar Share Chart

W&H Chooses Xaar 5601

5 Sep 2018 07:00

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 XaarXaar 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 rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCEAFNLEDDPEAF
Date   Source Headline
1st May 20192:21 pmRNSTotal Voting Rights
1st May 201910:15 amRNSGrant of Options
30th Apr 20192:59 pmRNSHolding(s) in Company
2nd Apr 201910:31 amRNSTotal Voting Rights
21st Mar 20197:00 amRNSXaar plc 2018 Full Year Results
11th Mar 20197:00 amRNSTrading Update
1st Mar 20199:53 amRNSTotal Voting Rights
1st Feb 20191:12 pmRNSTotal Voting Rights
2nd Jan 20194:48 pmRNSBlock Listing Six Monthly Return
2nd Jan 20194:45 pmRNSTotal Voting Rights
2nd Jan 201912:07 pmRNSSecond Price Monitoring Extn
2nd Jan 201912:02 pmRNSPrice Monitoring Extension
28th Dec 20187:00 amRNSTrading Update
3rd Dec 20184:12 pmRNSTotal Voting Rights
20th Nov 20187:00 amRNSNEOS AND KELENN TECHNOLOGY ADOPT XAAR 5601
5th Nov 201811:12 amRNSHolding(s) in Company
1st Nov 20183:21 pmRNSTotal Voting Rights
24th Oct 20187:00 amRNSAppointment of CFO and Company Secretary
11th Oct 201812:07 pmRNSSecond Price Monitoring Extn
11th Oct 201812:02 pmRNSPrice Monitoring Extension
10th Oct 201812:07 pmRNSSecond Price Monitoring Extn
10th Oct 201812:02 pmRNSPrice Monitoring Extension
1st Oct 20185:20 pmRNSTotal Voting Rights
5th Sep 20187:00 amRNSW&H Chooses Xaar 5601
5th Sep 20187:00 amRNSXaar 2018 Interim Results
4th Sep 20188:30 amRNSTotal Voting Rights
4th Sep 20188:05 amRNSHolding(s) in Company
30th Aug 20187:00 amRNSTrading Update
1st Aug 20182:40 pmRNSTotal Voting Rights
12th Jul 20187:00 amRNSAnnouncement of 3D Printing Joint Investment
2nd Jul 20185:39 pmRNSBlock listing Interim Review
2nd Jul 20185:37 pmRNSTotal Voting Rights
27th Jun 20187:00 amRNSTrading Statement
1st Jun 20182:25 pmRNSTotal Voting Rights
30th May 20187:00 amRNSBoard Change
22nd May 201812:12 pmRNSResult of AGM
1st May 20185:02 pmRNSTotal Voting Rights
11th Apr 201812:02 pmRNSPrice Monitoring Extension
5th Apr 20189:38 amRNSGrant of Options
3rd Apr 201812:26 pmRNSTotal Voting Rights
3rd Apr 201810:54 amRNSBoard Change
23rd Mar 20182:10 pmRNSHolding(s) in Company
21st Mar 20187:00 amRNSXaar plc 2017 Full Year Results
20th Mar 20181:25 pmRNSHolding(s) in Company
12th Mar 201810:58 amRNSHolding(s) in Company
1st Mar 20183:57 pmRNSTotal Voting Rights
2nd Feb 20188:00 amRNSNotice of Scheduled Results
1st Feb 201811:11 amRNSTotal Voting Rights
5th Jan 20187:00 amRNSBlock listing Interim Review
5th Jan 20187:00 amRNSIssue of Equity - Share Scheme and Block Listing

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.