• HP DesignJet Printing Technology Helps New Jersey
    Search and Rescue Save Lives
    New Jersey Search and Rescue (NJSAR), a team of
    more than 50 highly trained volunteers who conduct an average of 25
    missing-person searches per year, installed an HP DesignJet T2500 Multifunction Printer (MFP) to
    produce large-format maps to aid in search-and-rescue missions. On call 24
    hours a day, seven days a week and 365 days a year, NJSAR provides New Jersey,
    New York and Pennsylvania with incident management, mountain rescue, ground
    search, medical, and K-9 search-and-rescue services.
    Helping NJSAR remain on the forefront of
    search-and rescue-strategy, the HP DesignJet T2500 MFP scans, prints and copies
    36-inch maps to help the team collaborate and streamline communications. With
    time of the essence, the machine offers crucial mobile printing, allowing
    search teams to print straight from their Apple® or Android™ smartphones or
    tablets wherever or whenever is needed.
    “Before installing the HP
    DesignJet T2500 MFP, our team was limited to printing tiled maps on 8.5×11-inch
    paper and taping the pieces together, or just using small maps, which made it
    difficult for incident management staff to collaborate on scene,” explained
    David Clarke, president, New Jersey Search and Rescue. “With the HP DesignJet
    T2500 MFP, we are equipped to produce large-scale maps quickly and reliably to
    help us optimize our search efforts and help return missing persons to their
    families.”
    Search missions involve many organizations
    including search-and-rescue teams, local law enforcement, EMS, fire and local
    government entities. The large-format maps printed on the HP DesignJet T2500
    MFP are critical in delineating search areas, keeping track of searchers’
    locations, recording clues, highlighting areas of interest and defining regions
    that have already been searched. At the end of a search-and-rescue mission, the
    maps used have been annotated and highlighted by numerous members of the
    command staff, creating an irreplaceable record of what happened that day.
    NJSAR team members can simply feed these maps into the HP DesignJet T2500 MFP’s
    36-inch scanner to instantly create digitized records of the mission, which can
    then be shared with law enforcement and other partners.

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    To learn more about the New Jersey Search and Rescue,
    please visit their website: http://www.njsar.org/

  • HP Inc. Wins Lifting of Patent Infringement
    Preliminary Injunction by MEMJET  
    Feb. 3, 2016 – Today HP Inc. announced the
    favorable ruling to lift a patent infringement preliminary injunction by
    MEMJET. The ex parte preliminary injunction issued by the Regional Court
    in Munich affected HP Deutschland GmbH from sales of HP PageWide XL Series
    printers in Germany. In its ruling, the Court concluded the grounds for issuing
    the injunction were not satisfied, particularly as the HP PageWide XL products
    do not appear to infringe the asserted Memjet patent. Memjet may file an appeal
    of the decision.

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    “HP vigorously defends its intellectual property
    and is pleased with the court’s ruling in our favor,” said Thomas Valjak, Head
    of Large-Format Printing, EMEA, HP Inc. “We will now re-engage with our
    resellers and customers in Germany and offer HP’s PageWide XL printers and
    print heads that employ unique technology developed by HP over the last
    decades. HP’s PageWide XL products offer unique benefits in print speed,
    quality, reliability and usage cost.”
  • On January
    18th, Memjet filed (with the court) its answer to HP’s counterclaim,
    and, within the answer, Memjet basically denied all of HP’s counterclaims.  In the answer document, Memjet requested a
    trial by jury.

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    If this case
    does go to a jury, I’m positive that jurors will have an “interesting time”
    trying to understand Memjet’s and HP’s claims and counterclaims and the
    differences between Memjet’s and HP’s patents. 
    I’d love to be on that jury!
  • On January
    12
    th, we put up this post about Copy General Europe’s beginning in
    Budapest, Hungary.
    Today,
    January 22nd, Ed Avis posted an interview-article about the
    establishment of Copy General in Budapest. 
    For this article, he interviewed Dirck Holscher, one of the founders of
    Copy General Budapest.  Ed did a great
    job on this interview/article:

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  • In a recent e-mail I received from a financial analyst who follows the stock market, he said that rail-car shipments have trended down and that that trend has always been a leading indicator of an upcoming recession.

    I also want to point you to this …..

    Dr. Hussman calls recession:
    “Since October, the economic evidence has shifted from supporting a growing risk of
    recession, to a guarded
    expectation
    of recession, to the present conclusion that a U.S.
    recession is not only a risk but an imminent likelihood….”
    And, Dr. Hussman expects the
    S&P to fall at least 40-55% (from its recent peak):
    “We’ll certainly welcome outcomes that better reflect our experience in
    other complete market cycles, but we won’t do touchdown dances if the market
    collapses. The likely distress as the current market cycle is completed is
    something I wish on nobody. The unfortunate reality is that someone will have
    to hold stocks over the completion of this cycle, and it would best be those
    who have either carefully evaluated and dismissed our concerns, or those who
    have appropriate risk tolerances and investment horizons to weather the likely
    40-55% loss in the S&P 500 that would comprise a rather run-of-the-mill
    retreat from the 2015 valuation extremes.”
    Read
    Dr. Hussman’s most recent complete market-commentary at this link:

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    http://www.hussmanfunds.com/wmc/wmc160118.htm

    But, this guy says that we are headed for further
    growth in 2016!

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  • Totally off subject (i.e., this post has
    nothing to do with reprographics!
    )
    A couple of
    nights ago, I went to see the movie, “The Big Short”.  Although the movie was, I think, very well
    done (and Steve Carrell’s performance was absolutely terrific), the movie –
    well, the subject matter covered – made me very angry.  To think that there were a huge number of
    people involved in the enormous fraud (the fraud that caused a huge financial
    collapse and the Great Recession) and to learn that only one person was
    convicted of committing a crime – made me very angry, upset, yes, totally
    pissed me off.  (How anyone can trust a
    ratings agency is beyond my imagination.) 
    JFC!
    During the
    Great Recession, there was lots of stuff written about:
    -CMO’s
    (Collateralized Mortgage Obligations)
    -MBS’
    (Mortgage-Backed Securities)
    -CDO’s
    (Collateralized Debt Obligations)
    … and we
    also heard the words “tranche” and “tranches”
    And, we
    learned about Credit Default Swaps (CDS) which, basically, were bets that
    obligations would fail (i.e., become worthless or become worth a lot less than
    what they were originally sold for)
    We learned
    that junk mortgages (shit mortgages) were packaged into securities, securities
    which were fraudulently rated AAA, and sold to investors (all around the world).
    Not only did
    most of the investment banks package and sell CMO’s, MBS’ and CDO’s, they also,
    when they realized that those packages were going to fail, began making bets
    (CDS’) so that they could earn huge profits on the junk they packaged and
    sold.  MF’ers!
    At the end
    of the movie, a statement appeared on the screen that said that, within the
    past couple of years, a new type of “bet” has been created by Wall Street
    firms…..  
    Bespoke Tranche Opportunities”
    I sat there thinking, “WTF is a
    “Bespoke Tranche Opportunity???!!!”
    Here are a couple of articles I found that
    explain that:
    High Risk Investment That Brought Down The U.S.
    Economy Returns, With A New Name
    When a restaurant
    fails a health code inspection, sometimes the easiest thing to do is to close
    up shop, let people forget what happened, then slap a new sign on the door and
    reopen under a new name. That’s essentially what the world’s biggest banks are
    doing with a complex, high-risk investment product that helped destroy the
    global economy less than eight years ago.
    Goodbye,
    “collateralized debt obligations.” Hello, “
    bespoke tranche opportunities.” Banks including Goldman Sachs are marketing that
    newfangled product, according to Bloomberg, and total sales of “bespoke tranche
    opportunities” leaped from under $5 billion in 2013 to $20 billion last year.
    Read the complete article at this link:
    And, here’s another article to read:

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  • At 1550a,
    Russell (“The Connector”) joins Rich Nitzsche (“The Scientist”) and Darren Rizza (“The
    Visionary”).
    Not sure
    what all that means, but, congratulations to Russell on his new gig.
    Here’s
    what they say about their company:
    We are
    visionary, strategic, and digitally informed thought leaders, leaning on a
    combined six decades of business technology leadership in professional services
    within the building design and construction industry.
    Our expertise
    and experience guide building industry owners – building owners, design firm
    owners, construction firm owners – on their ongoing growth and success based in
    an evolving digital strategy for their processes of design, delivery,
    operations, and management.
    Darren
    Rizza was formerly with several different A/E firms, including Bergmeyer Associates,
    Payette Associates, Swanke Hayden Connell, SOM, AutoDesk, and Cubellis
    Rich
    Nitzsche was formerly with several different A/E (and construction related)
    firms, including SOM, ESD,  AECOM, Perkins
    & Will, and LTC.

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  • I just received the January 2016 edition of
    The Larry Hunt Newsletters.  As many of
    you know, The Larry Hunt Newsletters include three different newsletters,
    “Color Copy News”, “High-Speed Copy News” and “Wide-Format News.”  These newsletters have long been a great
    source of information for those in our industry who make
    equipment-buying-decisions. 
    When I read through the January issue, I
    noticed that Dirck Holscher (who is the current publisher/editor of the Larry
    Hunt Newsletters) responded to a reader’s question.  You’ll see that question …. and Dirck’s
    response …. below my initial comments.
    Dirck was one of the initial shareholders in
    Copy General Europe (and he is still a shareholder.)  I had the awesome pleasure of doing
    consulting work for Copy General Europe after I retired from NGI (National
    Graphic Imaging / FL/GA).   The founding
    shareholder of CG Europe was Paul Panitz (who Dirck mentions below), one of the
    very first “imaging industry” people I became friends with (I met Paul in
    1970/71 … and, yes, I am ancient!)  Paul Panitz was inducted into
    the Reprographics 101 Reprographics Industry Hall of Fame, last year, and there
    is a separate archive devoted to Paul (known as The Panitz Archives.)
    Okay, here we go with the question one of LH
    Newsletters’ readers asked Dirck, followed by Dirck’s response.  (I did get permission from Dirck to post this
    on the Reprographics 101 Blog.) (This comes from page 6 of the January 2016
    issue):
    Getting Started in Europe … A reader writes, “I’m curious about
    your past business experience. How did you develop the opportunity of owning
    the copy businesses in Europe? Was there no competition serving the market? Did
    a customer you currently have ask you to open facilities in that market?”
    Editor’s comments: We got started in
    Europe because an old friend of mine, Paul
    Panitz
    , was travelling in Europe at just the time the Berlin Wall came
    down. Great changes were taking place in the entire region, but especially in
    Poland, Czechoslovakia, Hungary and East Germany. Paul had just sold a
    successful business in the Washington, D.C., area, and since he felt he wasn’t
    ready to retire, he was looking for new opportunities.
    He was in the right
    place at the right time. The first thing that caught his eye was the
    opportunity to invest in independent newspapers in Poland. Under Communist
    rule, there was no free press. The media were under the thumb of the government
    and the party. Paul’s willingness to invest in these papers was important in
    re- establishing a free press in Poland.
    While travelling in
    eastern Europe, Paul noticed that the most-developed and western-facing country
    was Hungary, particularly its capital, Budapest. Yet one vital thing was
    missing. Because of Communist control in Budapest, the entire city had
    virtually no copy shops or printers. Printing was totally controlled by the
    state, with no access to the general public. Paul saw this as an opportunity,
    since Hungary was finally opening to the West, and massive changes were taking
    place in its government and in society as a whole.
    One day I received a
    fax from Paul. He outlined what he had observed, and he thought we should get
    together to discuss the opportunities. He proposed lunch … in Budapest. He
    told me he had arranged for an open plane
    ticket and several
    nights in the historic Gellert Hotel. This was an offer I couldn’t refuse. However,
    I did have second thoughts as, several weeks later, I was driving in from the
    old Ferihegy airport in a beat-up Trabant taxi. I saw the convoys of Russian
    troops heading out to the airport (it was many months before the last Soviet
    troops left Budapest). I thought at the time that “the Communists are heading
    out as the capitalists are arriving.”
    I was intrigued with
    what I saw and felt there was a tremendous opportunity for a U.S.-style
    copy-shop operation in Budapest. Western companies were streaming in to do
    business in Hungary. And newly privatized Hungarian companies were free to do
    business in the West and needed Western-style marketing materials in order to
    be taken seriously.
    It took us almost a
    year to get the first store open. Finding retail space was very difficult.
    There was no ready source for production copiers, and bindery equipment of any
    kind was totally unavailable. We finally persuaded Kodak to sell us some basic
    high-speed equipment. Service, though, had to come from Austria, several hours
    away. We brought in older bindery equipment from our operations in the U.S.
    Once we finally got
    going, the rest was history. The first store became so busy we had to open a
    second, then a third. Ultimately we had six stores in Budapest and several
    locations in other parts of Hungary. We then expanded into the Czech Republic
    and Poland. Copy General has also had locations in Russia, China, Costa Rica
    and several other countries.
    Copyright 2016 by Larry Hunt Publications. No part of this report may be
    copied or reproduced in any form without the express written consent of Larry
    Hunt Publications. Material presented in this publication is based on the best
    information available, but cannot be guaranteed for completeness or accuracy.
    To subscribe, contact Larry Hunt Publications, P.O. Box 1269, Berryville, VA
    22611 – (540) 336-3360, fax (888) 345-3860, email:dirck@larryhunt.com, website:
    http://www.larryhunt.com. Editor: Dirck Holscher
    E-mail from Joel to Dirck:
    Hi Dirck,
    Hey, thanks for
    the Newsletter.
    I really enjoyed
    reading the piece you wrote about Copy General getting started in Europe.
    If you don’t mind, I would like to print-to-pdf that page of the
    newsletter so that I can post it in “The Panitz Archives”, which is
    linked to the Reprographics 101 Reprographics Industry Hall of Fame.
    By the way ….
    small world …. and I don’t think I mentioned this to you before …. but,
    shortly after I reunited with Paul, which took place in early 2007, I bumped
    into Rafael Luis Aparacio at the IRgA convention in late May 2007.  Rafael
    was then CEO of Service Point (HQ’d in Barcelona.)  I had already known
    Rafael for several years.  But, when we talked at the convention, and I
    mentioned Paul to him, he said, “I was with Kodak at the time Paul started
    in Budapest, and I was the salesguy who worked out Paul getting his first Kodak
    copiers in Budapest!”  I later passed along to Paul Rafael’s
    “hello.”  So, Dirck, I got a smile when I saw you mention
    “Kodak” in the newsletter/article.
    Dirck’s response to my e-mail:

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    Kodak was
    instrumental in getting us equipped in Budapest. They really went out on a limb
    placing machines in a country where there was no real print for pay market,
    except for what we were trying to create. We eventually worked with Sir Ralph
    Land and others at Rank Xerox to place engineering machines, but originally I
    believe all our copiers came from Kodak.
  • This afternoon, I received an e-mail from a long-time reprographics industry friend who said, “we just finished our best year ever, sales and profits, and I am excited….”


    He also asked me this question, “do you have any articles or links (to articles) on the future of the (reprographics) industry and where things in imaging are going?”


    If any of you have any articles – re the above referenced subject – or links to articles, please let me know.  


    Thank you.


  • My favorite
    blog for economics information is the CalculatedRisk Blog.
      One of the indexes (or, if you prefer,
    indices) the CR Blog reports on each month is the AIA ABI Index.
      Today, the CR Blog had an article that
    contained a very interesting table.
      See
    below.
     
    Although
    Reprographers in major metropolitan markets have, historically speaking,
    generated most of their reprographics services revenues from printing plans and
    specifications for “non-residential” projects (with an exception being that
    apartment and condo projects are not non-res projects but are an important
    source of plan and spec printing revenues), reprographics services revenues
    from “res” projects were an important source of revenues for our industry.  When you take a look at the chart below,
    you’ll notice that housing starts in 2015 are estimated to be double the low
    point we reached in 2009, but note also that housing starts in 2015 are still
    WELL BELOW where they were at their peak in 2005.  Our civil-site-survey engineering and land
    planning customers (many of whom derived a significant portion of their
    revenues from home building developers) were the first category of customers to
    feel the slow down that began in 2006 …. and, by the end of 2007, revenues from
    that category of customers was giving most of us a clear “heads-up” as to what
    was going to happen in 2008/2009.  Although
    non-res project strength has increased over the past three years – generating
    improved revenues for Reprographers (but, certainly not what those revenues
    were in past years), we still see revenues “are off”, and one of those reasons
    (not to mention “digitization”) has to do with the “res” market still being
    well off what it was, in spite of the fact that the “res” business has doubled
    since its low in 2009.
    Source of this table: 
    CalculatedRisk Blog
    Housing Starts and New Home Sales
    (000s)
    Housing
    Starts
    Change
    New Home
    Sales
    Change
    2005
    2068
    1,283
    2006
    1801
    -12.9%
    1,051
    -18.1%
    2007
    1355
    -24.8%
    776
    -26.2%
    2008
    906
    -33.2%
    485
    -37.5%
    2009
    554
    -38.8%
    375
    -22.7%
    2010
    587
    5.9%
    323
    -13.9%
    2011
    609
    3.7%
    306
    -5.3%
    2012
    781
    28.2%
    368
    20.3%
    2013
    925
    18.5%
    429
    16.6%
    2014
    1003
    8.5%
    437
    1.9%
    20151
    1110
    10.6%
    498
    14.0%
    12015 estimated

    0
    0
    1
    351
    2001
    Proactive Management
    16
    4
    2348
    14.0

    Normal
    0

    false
    false
    false

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