Control Print India

Control Print India Ltd has informed BSE that the Company has recently commenced commercial production of Conprint Hot Ink Coders and its consumables Ink Rolls at Nalagarh in HP. The products have been well received as at par with similar imported products and the Company has received repeat orders from all the users. Encouraged by this, the Company realized that instead of being distributor of Videojet & Marsh, it would be much better for the future of Control Print to become a manufacturer of Ink-jet Printers and their consumables to participate in India's economic growth.

Therefore, the Company has decided to end its distribution arrangement for Videojet & Marsh products.

The Company has already identified and negotiated for technology transfer agreements for Inks and related Consumables and Small Character Inkjet Printers (CIJ) for manufacturing in India.

The Company has also identified and are in advanced negotiation for technology for Large Character Drop on Demand Inkjet Printers. Once the Company stabilize these products, it shall source TTO & Laser Marking technology.