News

TEC to License NCR Two-Sided Printing Technology

June 4, 2006

DAYTON, Ohio - TEC Singapore Electronics, a division of Toshiba TEC Corp., has signed an agreement with NCR Corp. to license NCR's simultaneous two-sided thermal printing technology. NCR's patented printing process reduces paper roll receipt usage by as much as 50 percent and provides additional operational savings on freight, storage, disposal and roll changes.

TEC Singapore Electronics designs, manufactures and sells printing devices to equipment OEMs who incorporate TEC's printing devices into their business solutions. Customers include major OEMs in the POS, ATM and self-service kiosk markets. This license gives TEC the ability to sell two-sided thermal printing devices to its customers worldwide.

"We believe this represents the beginning of a new standard in printing technology," said TEC executive vice president Masato Yamamoto. "We are delighted to be able to offer two-sided thermal printers to the OEM market."

In addition to store checkouts, two-sided thermal receipt printing opens the door for applications in banking, event ticketing, self-service kiosks and more.

"We believe the advantages of simultaneous two-sided printing are so numerous that it will ultimately replace single-sided printing as the technology of choice for business transactions going forward," said Peter Dorsman, vice president and general manager of NCR's Systemedia Division, a leading provider of printer consumables such as paper rolls, laser cartridges and RFID solutions.