Earlier this year, the United States Court of Federal Claims upheld a decision by the U.S. Social Security Administration (SSA) to reject a quote from Iron Bow Technologies to provide printers, supplies, and services because the SSA concluded that Iron Bow’s use of printer equipment from Lexmark represented a security risk. What Happened? Iron Bow
The Age of Amazon has wrought changes that are both beneficial and detrimental to consumers, other businesses, and communities. Plenty of articles have been devoted to the “Amazon problem,” whether that means the closing of retail stores and emptying malls and strip malls, the bankruptcies of once-major retail chains, the types of jobs lost and
Lexmark announced that it has achieved international certification for networked printer security. The printer OEM said its devices now meet the latest Common Criteria Security Protection Profile for Hardcopy Devices v1.0 (HCD-PP v1.0). The standard is specified by the governments of the United States and Japan to assure device, document, and network security. The Common
On April 30, Lexmark International filed a lawsuit against Universal Imaging Industries (UII) claiming that UII’s aftermarket chip solutions for use on remanufactured Lexmark Return Program cartridges infringe various Lexmark patents (see “Lexmark Sues Universal Imaging Industries for Patent Infringement”). On May 2, UII President Steven Miller issued a statement on the lawsuit, calling it
On April 28, Ninestar reported its financial results for fiscal 2017, ended December 31, 2017. At the same time, the company also released its results for the first quarter of 2018, ended March 31, 2018. Ninestar is, without question, a much bigger company than it was a year ago. In 2016, Ninestar, then called Apex
On April 30, Lexmark International filed a patent-infringement lawsuit against Universal Imaging Industries (UII) in the U.S. District Court for the Middle District of Florida. The lawsuit claims that UII’s aftermarket chips for aftermarket toner cartridges used in Lexmark monochrome and color laser printers infringe 10 patents that Lexmark holds on the microchips on its
Earlier this month, Lexmark announced the availability of new midrange A4 monochrome laser printers and MFPs: the MS and MX 320, 420, 520, and 620 series. There are a dozen models altogether, including the single-function MS321dn, MS421dn, MS521dn, MS621dn, and MS621de and the multifunction MX321adn, MX421ade, MX521de, MX521ade, MX522adhe, MX622ade, and MX622adhe. And that’s not
Last week, Ninestar made a slew of disclosures following an April 19 meeting of its board of directors—to be more specific, it was the 21st meeting of the company’s 5th board of directors. Of all the various proposals Ninestar’s board announced that it approved at the meeting the most interesting was that Ninestar is responding to
Last week, Moody’s Investor Service issued another announcement about its debt ratings for Lexmark International. The credit rating agency left its ratings unchanged. The move follows Lexmark announcing that as of April 2, 2018, Lexmark entered into a security agreement with China CITIC Bank. In February, Moody’s downgraded Lexmark’s debt, lowering its corporate family rating
Earlier this week, we reported that both Moody’s Investor Service and Fitch Ratings had lowered their debt ratings for Lexmark International, citing concerns about its poor performance in 2017 and the outlook for 2018. Lexmark issued an announcement on April 6 that seems aimed at allaying concerns: Lexmark has entered into a security agreement with
