Kiosk Printers: Swecoin purchased by Zebra
Zebra Technologies announced today that it has purchased the kiosk printer manufacturer Swecoin AB.
Zebra Technologies Enters Unattended Printing Business with Swecoin Acquisition
Vernon Hills, Ill., October 4, 2006─Zebra Technologies Corporation (NASDAQ: ZBRA) today
announced that it has enhanced its growth opportunities with the acquisition of all of the
outstanding stock of Swecoin AB, a leading supplier of thermal receipt, ticket and document
printers for use in kiosks and other unattended printing applications. With annual sales of
approximately $15 million, privately-held Swecoin is based in Stockholm, Sweden, with a U.S.
office in Rhode Island. Terms of the cash transaction were not disclosed.
“Unattended receipt and ticket printing are fast-growing sectors for thermal printing, and are
natural adjacencies to Zebra’s core on-demand RFID and bar code label printing business,” said
Phil Gerskovich, Zebra’s senior vice president for corporate development. “Swecoin’s printers
are optimized for tough printing environments, most often in self-serve applications where
reliability, durability and ease of use are critical. They offer Zebra an excellent opportunity to
provide additional specialty printing solutions to our current customer base.”
Zebra Technologies Corporation delivers innovative and reliable on-demand printing solutions
for business improvement and security applications in 100 countries around the world. More than
90 percent of Fortune 500 companies use Zebra-brand printers. A broad range of applications
benefit from Zebra-brand thermal bar code, “smart” label, receipt, and card printers, resulting in
enhanced security, increased productivity, improved quality, lower costs, and better customer
service. The company has sold more than five million printers, including RFID printer/encoders
and wireless mobile solutions, as well as ZebraDesigner software, ZebraLink connectivity
solutions, Genuine Zebra printing supplies and ZebraCare services and support. Information
about Zebra bar code, card and RFID products can be found at http://www.zebra.com.
Inquiries:
For information about Zebra Technologies, contact:
Investors:
Douglas A. Fox, 847-793-6735
Media:
Cindy Lieberman, 847-793-5518
Posted by keefner at October 4, 2006 07:58 AM