News highlights:
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.
Photos and videos accompanying this announcement are available
at:
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“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.
About HP
HP Inc. creates technology that makes life better
for everyone, everywhere. Through our portfolio of printers, PCs,
mobile devices, solutions, and services, we engineer experiences
that amaze. More information about HP Inc. is available at
http://www.hp.com.
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
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cost savings or restructuring and other charges; any statements of
the plans, strategies and objectives of management for future
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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
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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
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property assets, including intellectual property licensed from
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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,
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integration and other risks associated with business combination
and investment transactions; the results of the restructuring
plans, including estimates and assumptions related to the cost
(including any possible disruption of HP’s business) and the
anticipated benefits of the restructuring plans; the resolution of
pending investigations, claims and disputes; and other risks that
are described in HP’s Annual Report on Form 10-K for the fiscal
year ended October 31, 2015, HP’s Quarterly Reports on Form 10-Q
for the fiscal quarters ended January 31, 2016, April 30, 2016 and
July 31, 2016, and HP’s other filings with the Securities and
Exchange Commission. HP assumes no obligation and does not intend
to update these forward-looking statements. HP’s Investor Relations
website at http://www.hp.com/investor/home contains a significant
amount of information about HP, including financial and other
information for investors. HP encourages investors to visit its
website from time to time, as information is updated and new
information is posted.
© 2017 HP Development Company LP. The information
contained herein is subject to change without notice. The only
warranties for HP Inc. products and services are set forth in the
express warranty statements accompanying such products and
services. Nothing herein should be construed as constituting an
additional warranty. HP Inc. shall not be liable for technical or
editorial errors or omissions contained herein.
Lacey Haines, HP
lacey.haines@hp.com
www.hp.com/go/newsroom
Nina Gilbert, HP
nina@hp.com
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