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Canon Canada's OE Division in Discussions to Exclusively Distribute YARC's XP-600e Color Server

Business Wire, August 28, 1998

NEWBURY PARK, Calif.--(BUSINESS WIRE)--Aug. 28, 1998--YARC Systems Corp. (OTC BB:YARC) Friday reported that it was in discussions with the OE (Office Equipment) division of Canon Canada to exclusively distribute the YARC XP-600e Color Server in Eastern Canada.

A formal announcement regarding the scope of any alliance will be be made in the very near future.

The OE division of Canon Canada is North America's largest office-equipment distributor, with offices in Toronto, Hamilton, Ottawa, Montreal and Quebec City.

"Until recently, YARC has only been seen as a supplier to the high-end of the digital printing industry," said Dr. Trevor Marshall, chairman and chief executive officer of YARC. "However, OE is focused on sales to the corporate sector. We are delighted that they are evaluating our new color servers."

Readers are referred to the news release on Business Wire dated July 13, 1998, for more detailed information about the features of the YARC XP-600e Color Server.

YARC maintains a presence on the Internet at http://www.yarc.com. OE Canon's Internet address is at http://www.usa.canon.com/noaoffices/canada.html.> YARC specializes in products and technologies that allow for high-quality digital color printing in Windows, Macintosh and networked environments.

YARC's XP Server is an open-architecture plug-and-play networked PostScript Color Print Server for Canon Laser Copiers and large format printers from Hewlett-Packard, Encad, Xerox, CalComp, Mutoh, Graphtec, Roland, Olympus and Selex. It uses industry-standard Windows PC compatible hardware, with a Pentium ATX MotherBoard and standard PCI and ISA expansion slots.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain of the above statements may be forward- looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments and risk factors, including those listed from time to time in the company's disclosure statements and/or Securities and Exchange Commission reports.

NOTES TO EDITORS:

Raster Image Processor (RIP): a device that converts PostScript
graphics and text into high-resolution images that can be output on
film, paper, fabric and other media. RIPs can be (1) software; (2)
hardware; or (3) software with hardware components. The YARC XP is a
type (3) RIP system.

PostScript: a software language that is widely used by graphics and
digital-printing applications.

YARC XP-600e, YARC XP-600extra YARC XP-600oe are trademarks of YARC Systems Corp. All other trademarks are the property of their respective owners.

CONTACT: YARC Investor Relations

Philippe Niemetz, 800/477-7570, 212/344-6464

wphconsultants@msn.com (e-mail)

or

YARC Media Relations

Sharon Knox, 800/275-9272, 805/499-4048 (fax)

mrkt@yarc.com (e-mail)

or

YARC Systems Ltd. (U.K.)

Laurence Poncelet, 44-1254-583-322

or

OE Division of Canon Canada Inc.

Bill Paulson, 416/491-9330

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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