Delphax Solutions Inc. Announces “#PrintingStrong” COVID-19 Recovery Program for the Printing Industry

Toronto, March 27, 2020 – Delphax Solutions, Inc., (“DSI”) a digital inkjet press manufacturer based near Toronto, Canada, today announced their “#PrintingStrong” program (www.PrintingStrong.com) to help support Canadian and US printing companies during, and post the COVID-19 pandemic.

Delphax Solutions is offering qualified printers who produce more than 12 million letter impressions per year the opportunity to acquire one of a limited number of Delphax Solutions’ Elan 500 HD cut sheet digital inkjet presses, for a minimum of 2-years with no equipment lease or purchase costs. This program provides access to a high availability, high productivity, and low Total Cost of Ownership production press on a “pay as you go” basis without the typical financial commitments associated with capital equipment. Successful applicants will only be required to pay for consumables and support, which remain at our 2019 rates. For high volume users there are additional incentives available.

Applications under this program are being accepted immediately. However, due to the current government mandated travel restrictions, companies located in the Greater Toronto and Hamilton Area (GTHA) in Canada, and the Minneapolis-St. Paul, MN area in the USA will be able to access the program and schedule installations immediately (subject to any government imposed COVID-19 restrictions). Once travel restrictions relax, installations can be scheduled for other Canadian and American firms who qualify. Existing customers who have the additional annual production volume also qualify for the program. For printers that may not have the 12 million impressions per year but are looking to have access to a new digital inkjet production platform that allows them to grow their business, there are significant discounts available, as well the option of 0% equipment leasing on terms up to 60 months.

Richard Lee, CEO of Delphax Solutions Inc., said, “Although today our industry’s focus is, and should be, on managing the spread and effects of COVID-19, the economic fallout will be felt for many months to come. The financial impact on print companies who were looking to upgrade to digital inkjet systems such as the Elan series will likely mean that these plans are postponed, or potentially cancelled altogether as there will no longer be the budgets to support these purchases. We recognize that upgrading equipment, more cost effective production, and moving to single pass processes to eliminate production steps will be key for the industry to recover, and we want to support where we can anyone who had plans which are now in jeopardy.”

Driven by Memjet’s VersaPass technology with true 1600×1375 DPI CMYK printing, sheet sizes from 8”x8” to 18”x26” on a wide range of weights, with throughput of up to 500 letter impressions per minute, the Elan HD is the leading choice for both variable and short run publishing applications. The Elan platform has multi-year production proven reliability, and thanks to its innovative design allows the system to be serviced by either DSI or customers’ own in-house maintenance staff.

Also coming to market for summer 2020 is DSI’s new monochrome cut sheet platform. This 400 impression per minute system is perfect for short turnaround, direct mail, personalization and book applications. Printers looking to adopt this new platform will also benefit from an aggressive launch program with pricing and leasing designed to support firms recovering from the economic effects of COVID-19. Further details on this platform will be publically available nearer the launch date, but pricing, samples, and technical details are available to interested parties now.

For more details about these programs, or to register, please e-mail PrintingStrong@delphaxsolutions.com or go to www.PrintingStrong.com.

ABOUT DELPHAX SOLUTIONS, INC.

Delphax Solutions, Inc. is a business unit of holding company AIR T, INC., which has been established since 1980. Delphax Solutions is well-capitalized as a digital inkjet press designer and manufacturer, delivering color presses that produce high-quality output without compromising efficiency or budgets. Delphax designs every digital imaging solution specifically so optimal value can be achieved by our customers. We support each customer as if they were our only one with a dedicated team of experienced professionals — offering fast, responsive and customized service to ensure an incredible return on investment. AIR T, INC. (NASDAQ: AIRT) is an industrious American holding company with a networked portfolio of powerful businesses, each who operate independently yet interrelated. For more information, visit www.delphaxsolutions.com