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Printronix Auto ID Printronix Thermal Solutions

Printronix Sell Thermal/AIDC Product Line to TSC Auto ID Technology

IRVINE, CA – November 9, 2015

Printronix Inc., a worldwide leader in industrial printing solutions, today announces that it has reached an agreement to sell its Thermal/AIDC business to TSC Auto ID Technology Co., Ltd. (TWSE: 3611.TWO)

TSC will acquire all intellectual and branding rights to Printronix’ Industrial Thermal stationary and mobile printers, barcode verification, RFID, and PrintCart product lines that will operate post-closing as a stand-alone company called Printronix Auto-ID Inc.

“Our strategy to accelerate the growth potential for Printronix’ Thermal business and to present a broader choice of solutions to our enterprise customers drove our decision to sell the Thermal business to TSC Auto ID. TSC’s strength in AIDC product development, its breadth of product portfolio, the ability to expand Printronix’ commercial footprint, especially in Asia, and the ability to get economies of scale within the supply chain, made TSC Auto ID a logical choice,” said Printronix Chief Executive Officer Werner Heid.

“The acquisition of the Printronix Thermal/AIDC Business presents tremendous opportunities for both companies, its partners, and its end-user base,” said Sam Wang, President of TSC Auto ID. “The two companies are extremely complementary from Product, Channel, and Technology perspectives. Printronix’s recognized excellence in the Industrial printing segments is the optimal addition to TSC’s strong base in desktop printing. Additionally, Printronix’s strength in the Americas and EMEA will also help both companies accelerate growth in these regions. We are very excited to be joined by our new team members, and to create a broader and more competitive product offering for both customer bases.”

The retained business will operate as Printronix, LLC, focusing on our core impact technology, where Printronix holds the leading global position.

Heid said “The sales of the Printronix Thermal business will enable us to maximize the business opportunity for the remaining impact printing business, which continues to offer significant value in terms of unmatched reliability, lowest cost of operation, robust media handling and inherent ‘green’ benefits. Furthermore it allows us to partner with our enterprise customers and leverage our intellectual property to expand our product & service offerings into adjacent printing markets and to invest in new emerging industrial printing opportunities.

The transaction is scheduled to be completed by January 2016.

About Printronix Inc.

Printronix is a global leader in industrial printing solutions, offering the most-trusted selection of ultra-reliable printers, supplies, service and parts for environments demanding high reliability and low-cost printing. The company offers two of the most-trusted brands in industrial printing, Printronix and TallyGenicom, known throughout manufacturing, distribution, retail, banking, healthcare, government and other enterprises across the globe. The combined portfolios include the highest quality line matrix, thermal and RFID printers. Printronix was founded in 1974 and is headquartered in Irvine, Calif. For additional information, visit Printronix.com, Twitter, LinkedIn or Facebook.

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Managed print services – MPS Datatrade have a complete range of managed printer services and solutions for all impact and thermal printers. With fully comprehensive packages that be financed over 3/5 years, demonstrating significant cost savings over a traditional purchase and after market support model.

Remote Print Service Using our remote printer engineer – Reg the virtual printer engineer, Datatrade can ensure maximum uptime and cost savings for your remote mobile printers.

Auto ID Services We offer a comprehensive range of service from the supply and support of new as well as legacy equipment. Even if the manufacturer has discontinued the unit or it has been rebranded. We can also supply a complete range of accessories for all makes and model of barcode scanners such as screen protectors, styluses, batteries and wrist straps.

Audit and discovery Our pre-sales engineers will undertake a full site audit to find / recommend the best printer solutions to meet your supply chain delivery requirements.

Repair We demonstrate an extremely high level of technical expertise and service for a wide range of Printer and Auto ID Products. We can repair onsite or in our workshop. We can also select and help install printers and Auto ID equipment for our customers. We can offer a fully managed Return to Base (RTB) service solution for smaller devices such as Barcode scanners, Hand Held Terminals and mobile printers.

Maintenance Datatrade offer a flexible approach to maintenance and can tailor a contract to suit your needs.

Hardware We can supply printers, printheads, print servers as well as all major brands of barcode scanner and hand held equipment… For further information on finding the right print solution for your business please use our Hardware Selector or for Auto ID enquiries contact us using the details below.

Media and Consumables We fully understand the importance of ensuring that the correct media and consumable’s are used in mission critical printers to ensure perfect print quality and enhance the life of your printer asset so we provide a large range of media and consumables for all manufacturers.

In addition to supplying these items, we will also work with you to ensure you are using the correct product for quality and cost effectiveness.

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