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Videk enters into worldwide Partnership with Oce Printing Systems, GmbH - (11/21/2003)

ROCHESTER, NY - Videk has entered into a formal agreement with Océ Printing Systems to distribute their InViziCode Product line worldwide, it was announced today.  The new Preferred Partner and Product Agreement will further enhance the sales of both companies' products by broadening the market distribution of InViziCode, a break-through enabler product for invisible ink printing. 

Through this program, Videk will support Ocè's 20 operating companies and 10 distributors on the InViziCode Print System (IPS), arming them with sales support, technical information and product literature to distribute to their customer and prospect base.  Together, the partnership will create a customer-focused business solution to address cutting-edge needs of the document printer. This agreement also provides the opportunity for the engineering teams of both companies to continue to work closely together in developing new solutions. 

This agreement is the culmination of over two years of joint product development, between Videk and Océ resulting in a stand-alone, turnkey solution for invisible ink printing.  The InViziCode product line was first previewed commercially only less than 12 months ago and has already been successfully installed in three continents (North America, Europe and Africa).  This market expansion into invisible printing allows Videk to address solutions outside the traditional vision markets and enter into new market segment applications of invisible ink printing for security, brand protection, anti-fraud and anti-counterfeit protection. 

"Océ and Videk have worked together very successfully on past print verification products," said Tom Slechta, president, Videk. "This agreement further strengthens our relationship and will provide new revenue streams for both companies, while enabling new value added printer sales opportunities for Océ."

"Furthermore, and particularly concerning our typical customer ADF requirements, this agreement will enable our Operating Companies and Distributors to greatly complement our PRISMAaudit Document Integrity Tracking Solution," added Rainer Shoenegge, manager, Océ's ADF solution Center.  "Adding this easily integratable plug-and-play solution into the continuous forms printing process eliminates obstacles such as major forms re-design and unattractive visible barcodes. This will stimulate more companies to benefit from our document tracking and data capture automation.  The result will be a higher level of integrity, security and monitoring in environments lacking those capabilities today."

About Videk

Videk is the worldwide leader in supplying high-speed, real-time vision system solutions to all the major printing and mailing equipment vendors for digital print and mail automation. Working with its OEM and Reseller Partners, Videk develops real-world inspection and verification solutions for laser printers, inserters, inkjet printers, and finishing equipment. Videk systems read virtually any OCR, 1-D barcodes (128, I2of5 and Code 39), DataMatrix, Xerox DataGlyph™, PDF417, OMR, Postnet (US Postal Barcode), PlanetCode and 4-state (Canadian/UK Postal Barcode). Videk's vision expertise is unsurpassed with more than 20 years of experience solving a wide range of applications for vision inspection in the industrial and manufacturing environment.  Information on Videk and its products can be found on the World Wide Web at www.videk.com.

About Océ

Océ Printing Systems, GmbH is a developer and manufacturer of industry-leading products and services for the electronic printing industry, especially of production printing solutions. Océ enables its customers to manage their documents efficiently and effectively by offering innovative print and document management products and services for professional environments.  Information on Océ and its products can be found on the World Wide Web at www.oce.com.

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