HP Unveils Breakthrough Color Laser Printers, Enhancing Color Printing for Corporations and Workgroups

Strategic Insights -

In a move to further solidify its leadership in the color laser printing market, Hewlett-Packard Company announced the introduction of two groundbreaking products: the HP Color LaserJet 4500 and Color LaserJet 8500 printers. These advanced printers promise to revolutionize color printing for corporate workgroups and departments, providing unparalleled color quality, speed, and affordability.

Key Takeaways:

  • The HP Color LaserJet 4500 printer is designed for corporate workgroups, offering advanced HP LaserJet technologies, including ColorSmart II, Image Ret 2400, and automatic color calibration, for great color out of the box.
  • The Color LaserJet 4500 printer provides industry-leading cost of ownership, making it an attractive option for workgroups looking to incorporate color into their documents and presentations.
  • The HP Color LaserJet 8500 printer is a 6 ppm color/24 ppm monochrome printer, designed for corporate departments that need professional-level capabilities and versatility in color printing.
  • The Color LaserJet 8500 printer boasts a range of advanced features, including automatic duplexing, 11-inch by 17-inch printing, and the ability to print on different media types.
  • The Color LaserJet 8500 printer is designed to give users the lowest cost per page of any color laser printer, while also streamlining printer management with HP Web JetAdmin and JetAdmin software.

Statistics:

  • The Color LaserJet 4500 printer is expected to be available for an estimated street price of $2,499, while the Color LaserJet 4500N printer will have an estimated street price of $2,950.
  • The Color LaserJet 8500 printer is available for $5,999, while the Color LaserJet 8500N printer includes an EIO, 10/100base TX JetDirect 600N internal print server for $6,799.
  • The Color LaserJet 8500DN printer, with 64MB RAM, an additional 2,000-sheet input tray, automatic duplexer, JetDirect 600N print server and 2GB hard drive, is available for $8,699.
  • HP has 127,200 employees and had revenue of $42.9 billion in its 1997 fiscal year.

Sources:

  • HP Press Release, "Hewlett-Packard Company Unveils World's Most Advanced Color Laser Printers for Business Users" (Oct. 29, 1998)
  • HP Corporate Website, "About HP" (no date mentioned in original source)