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XAR Xaar Plc

112.00
-3.00 (-2.61%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Xaar Plc LSE:XAR London Ordinary Share GB0001570810 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -2.61% 112.00 112.50 116.50 112.00 112.00 112.00 8,518 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Printing, Nec 72.78M 1.63M 0.0208 53.85 88.02M

Xaar PLC NEOS AND KELENN TECHNOLOGY ADOPT XAAR 5601 (8338H)

20/11/2018 7:01am

UK Regulatory


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TIDMXAR

RNS Number : 8338H

Xaar PLC

20 November 2018

20 November 2018

Xaar plc

NEOS AND KELENN TECHNOLOGY ADOPT XAAR 5601

Xaar PLC (LON: XAR) ("Xaar"), the digital inkjet printing and 3D technology Group headquartered in Cambridge, UK, is pleased to announce that two new original equipment manufacturers (OEMs), Neos and KELENN Technology, have adopted the Xaar 5601 Thin Film printhead.

Neos, headed up by Vincenzo Palumbo, well known in the ceramics industry and founder of Projecta Engineering (now part of the SITI B&T Group), has adopted the Xaar 5601 to drive its product development for new markets, including the packaging and décor markets.

KELENN Technology has also chosen to adopt the Xaar 5601 for its latest document duplex printing system. The company has a significant track record of innovation in the industrial printing market.

Doug Edwards, Chief Executive of Xaar, commented:

"We are delighted to make these announcements which demonstrate the attractiveness of the Xaar 5601 printhead to OEMs working across a number of different industry sectors. In both cases, the printhead was selected for its exceptional performance and because it addresses some essential end user requirements."

Enquiries:

 
 Xaar plc 
 Doug Edwards, CEO 
  Shomit Kenkare, CFO       +44 (0) 1223 423663 
 
 Tulchan Communications 
 James Macey White 
  David Ison               +44 (0) 20-7353-4200 
 

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

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(END) Dow Jones Newswires

November 20, 2018 02:01 ET (07:01 GMT)

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