Feeds

Xaar makes no sales in 1998

Blames slow down in Japanese economy

  • alert
  • submit to reddit

Top three mobile application threats

Cambridge-based printer and plotter manufacturer, Xaar, has failed to sell any new licences in 1998. Xaar licences its technology to printer manufacturers - most of which are Japanese companies. It usually sells around two such agreements per year, but failed to sell any in 1998, mostly due to the slow down in the Japanese economy, Xaar said in a statement issued on Monday 4 January. Xaar company secretary, Jonathan Lowe, said the statement was issued to keep investors in the picture. "Our stock was tipped by the Daily Mail over the weekend and started to rise this morning (Monday). Most of our investors will be aware that we haven’t made any sales but we wanted to be sure that everyone was in the know," he said. Lowe said that the lack of sales was a "short term financial problem" but that the medium to long term picture was still healthy. "We expect 99 to be better than 98, but it will still be hard work," Lowe said. Xaar has being pursuing legal action against printer manufacturer Calcomp, for alleged patent infringement. Calcomp has issued its own statement saying it will stop selling the range of CrystalJet printers at the heart of the row and that it may have to close it operations altogether. Calcomp’s major shareholder is Lockheed. Lockheed has said it will no longer want to keep funding Calcomp and will keep it afloat long enough to dispose of it. ®

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.