(Boxborough, Mass., May 11, 1992) -- In a move reflective of its efforts to make color printing technology affordable for a wider range of users, NEC Technologies, Inc. today announced that it has reduced the suggested retail price of the ColorMate PS Model 40 printer to $4,799 from $5,899. In addition, the suggested retail price of an upgrade kit to the ColorMate PS Model 80 has been reduced to $1,500 from $1,700. Designed for use by entry-level color PostScript language users for business presentation applications, the ColorMate PS Model 40 is a color thermal transfer printer featuring 4MB of RAM, and 17 Adobe typefaces. The upgrade kit for the Model 40 contains two daughter boards featuring an extra 4MB of RAM and an additional 18 fonts. The upgraded model -- the ColorMate PS Model 80 -- provides graphic artists, designers and engineers with the capability to produce sophisticated graphics. The Model 40 can produce letter and A4 size pages, while the Model 80 supports letter, A4, and legal size pages. "As new technologies gain acceptance in the marketplace, it becomes more cost-efficient for manufacturers to produce product in mass quantities and, in turn, pass this savings on to consumers. The color printer market is no exception," said John McIntyre, director of marketing for NEC's Printer Division. "The combination of affordability and features such as three color, four color, and monochrome (true black) ribbons position the Model 40 as an ideal printer for those who require color printing to supplement reports and presentations with color text and graphics. For experienced graphic arts, engineering, and CAD/CAM users who require a great deal of memory and numerous fonts to run sophisticated applications, the Model 80 has one of the best price/performance ratios in the industry." NEC Technologies. Inc. NEC Technologies, Inc. is a leading manufacturer of computers and peripherals for the North American market. Product lines include, award-winning ProSpeed laptop computers, UltraLite notebook computers, MultiSync monitors, Silentwriter and Colormate printers, PowerMate Image and Express systems products, and InterSect M CD-ROM hardware. NEC Technologies, Inc., is a subsidiary of NEC Corporation. NEC Technologies Inc 1414 Massachusetts Ave, Boxborough, MA 01719 508-264-8000 +---------------------------------------------------------------+ | From the America Online New Product Information Services | +===============================================================+ | This information was processed with OmniPage Professional OCR | | software (from Caere Corp) & a Canon IX-30 scanner from data | | provided by the above mentioned company. For additional info, | | contact the company at the address or phone# indicated above. | | All submissions for this service should be addressed to | | BAKER ENTERPRISES, 20 Ferro Drive, Sewell, NJ 08080 U.S.A. | +---------------------------------------------------------------+