Katun Corporation Issues Statement Regarding Settlement of Media Sciences / Xerox Lawsuit
Company Expects No Supply Interruption for Current Solid Ink Customers
MINNEAPOLIS — (May 2011) — Katun Corporation, one of the world’s leading alternative suppliers to the office equipment industry, today responded to news that Media Sciences International and Xerox Corporation have reached an agreement, settling a patent dispute regarding Media Science’s solid ink product offering. As the result of a deal completed November 2010, Katun became the exclusive distributor of Media Sciences brand solid inks. As reported in a news release regarding the Media Sciences/Xerox settlement, Media Sciences is expecting to discontinue its industrial ink business by the end of the financial year.
According to Katun President and CEO, Carlyle Singer, “We do not believe this agreement will affect Katun customers currently purchasing the Media Sciences® brand solid ink product line; it is very unlikely there will be any supply interruption. Based on our testing, we are confident that our new Katun® brand solid inks will provide even better performance, print quality and color matching than customers had previously received – while still maintaining the same value they have come to expect from Katun and Media Sciences.”
About Katun Corporation
Headquartered in Minneapolis, Katun Corporation is one of the world’s leading suppliers of OEM-compatible imaging supplies, photoreceptors, fuser rollers, parts and other select products and services for the office equipment industry. With more than 30 years of expertise, the privately held Katun now serves more than 16,000 customers in more than 135 countries.