HIGHCON AND STAPLES AGREE MULTI COUNTRY DISTRIBUTION AGREEMENT

Dusseldorf, Germany, May 4th 2012: Highcon and Staples Printing Systems Division today announced a multi country agreement whereby Staples will market, sell, support and service the Highcon Euclid in Italy, Spain, Belgium, The Netherlands and Greece.

In addition, Staples have purchased a Highcon Euclid, to be installed in the new centre of excellence demonstration suite in Brussels in early November.

The Staples printing division is well represented in the Folding carton Sector with the subsidiary companies well known for their Heidelberg representation. In addition, the Staples group represents companies including, Kodak, 3M, HP, Adobe, Agfa, Canon, covering extensively pre press, print and finishing products.

Wouter Van Dijk, President of the Staples Printing Division in Europe commented, ‘Once we heard what Highcon were doing we knew that it fitted perfectly with our own digital strategy and that of many of our customers. The requirement for fast turnaround and short run cartons is growing and the Euclid is a unique and exciting solution.'

The Staples subsidiary companies include, Macchingraf in Italy, Tetterode in The Netherlands, Plantin in Belgium, Hartmann in Spain and BTI-Hellas in Greece.

Nigel Tracey, International Sales Director of Highcon said, ‘What impressed us from the outset was not only Staples' deep knowledge of the folding carton sector, but also the commitment to support the customers through their extensive service organizations. We are delighted to be working together, and the teams will be with us on our booth at drupa.'

The group companies will be taking orders at drupa and, in conjunction with Highcon, a number of machines will be delivered to Staples customers as early as Q4 2012.