Canon installs DreamLabo 5000 in Karnataka
Canon India Pvt Ltd announced today the second installation of its DreamLabo 5000 in Karnataka, the third in South India. The printer was installed at ARD FOTO, a local company that makes HD albums and prints in Karnataka.
Canon says its DreamLabo 5000 provides a high quality alternative to the traditional silver halide technology. The improved print quality is expected to create new revenue opportunities for both the production photo and the small batch print-on-demand (POD) markets. Canon says it accentuated the productivity of the printer by launching the FlatSpread FS-500, a new film hinge processor. The company says this innovation will eliminate the need for exclusive, pre hinged sheets while reducing material costs and providing cheaper lay flat options.
President and CEO of Canon India, Kazutada Kobayashi, commented on the installation, “We are very excited by the response that we are receiving from our customers for DreamLabo. It goes on to prove that photographs play an important role in people’s lives and they are keen to preserve their memories. With DreamLabo 5000 we aim to expand our reach in new markets in India and help more customers by offering our quality printing services to keep their memories vibrant and fresh for years to come. We are aiming to capture 15% of professional print album volume within next three years and we are confident to achieve this target. We plan to reach out to other regions in India to further expand our commercial photo printing business by end of this year.”
Canon says it intends to improve customer satisfaction with its investment in an exclusive training center, which will house professional printers like DreamLabo 5000, OCE VP 6000, iPR1135 and iPRC 800.
Director of Professional Printing Products Group for Canon India, Puneet Datta, said, “DreamLabo 5000 is a revolutionary machine in the commercial photo printing segment in India. We are happy with our association with ARD FOTO and look forward to expanding our reach in Karnataka and Tamil Nadu with their support.”
According to Canon, the DreamLabo 5000 relies on the company’s existing inkjet technology, and features a high-density print head, enabling over 300 mm wide printing output. Incorporating Canon’s FINE (Full-photolithography Inkjet Nozzle Engineering) technology, the print head facilitates the printing of high-quality photos and detailed text to support a variety of high-value-added output, from premium photo albums, photo books, photo calendars, photo collages and other merchandise to high-quality POD items, such as customized brochures.
The retail price of DreamLabo 5000 in India is approximately INR 4.5 crore. Canon India says it will work in association with its channel partners towards realising the full potential of this advanced technology.
Canon Inc. (NYSE: CAJ), headquartered in Tokyo, Japan, manufactures professional and consumer imaging equipment and information systems. Canon’s consolidated net sales for fiscal 2014 (ended December 31, 2014) totaled $30.8 billion (at an exchange rate of \121=US$1). Canon India Pvt Ltd has achieved revenue of Rs. 2026 crore in 2014 which is a 6% growth over the previous year.