Financial Statement Services, Inc. (FSSI), a leading provider of customizable print-and-mail services, has acquired a Xerox Impika® Compact 24-24 Inkjet Press. The new press will help FSSI pursue growth opportunities for transactional-promotional and direct mail solutions while helping its customers reduce print turnaround times and apply variable data to improve the relevance of their customer communications.
“We’re looking to leverage our data management expertise and the Xerox Impika Compact to develop new mail applications and expand our reach into new vertical markets,” said Henry Perez,chief operating officer, FSSI. “The Impika Compact has everything we wanted: a small footprint, low acquisition and running costs, and a leadership color gamut—backed by an organization with expertise in both transactional documents and direct mail.”
The FSSI team also sought an inkjet press that could run most of the firm’s current applications, Perez said. These include direct mail, marketing communications, electronic presentment and bill payment, and a range of print-and-mail solutions, in the banking, finance, insurance, healthcare, utility companies and municipalities.
FSSI has been a Xerox customer for more than 30 years and currently has a Xerox iGen4TM Press, multiple Xerox DocuPrint® 180 Laser Printing Systems, a Xerox 495 Continuous Feed Printer and the XMPie® Enterprise Cross Media and uStore® solutions, in addition to the Impika Compact. The acquisition permits FSSI to move its Xerox 495 to its Coppell, Texas facility as part of its disaster recovery strategy.
The Xerox Impika Compact 24-24 is a high-performance inkjet press with a small, 11.5’ x 8.8’ footprint. The press accommodates two-up, duplex printing at speeds as fast as 416 feet per minute (127 meters per minute) and at resolutions ranging to 1200 x 600 dots per inch. High-density inks help deliver a benchmark color gamut on inexpensive papers.
About XeroxXerox Corporation is an $11 billion technology leader that innovates the way the world communicates, connects and works. Our expertise is more important than ever as customers of all sizes look to improve productivity, maximize profitability and increase satisfaction. We do this for small and mid-size businesses, large enterprises, governments, graphic communications providers, and for our partners who serve them.
We understand what’s at the heart of work – and all of the forms it can take. We embrace the increasingly complex world of paper and digital. Office and mobile. Personal and social. Every day across the globe – in more than 160 countries – our technology, software and people successfully navigate those intersections. We automate, personalize, package, analyze and secure information to keep our customers moving at an accelerated pace.
About FSSIFSSI is a WBE-certified document outsourcing company that helps businesses maximize their impact and strategic value through highly-customizable print-mail and digital communication solutions. Serving the financial, insurance, healthcare and other regulated industries, FSSI is well-versed in the security and data practices necessary to handle confidential customer information and remain compliant. Learn more about FSSI's capabilities by visiting fssi-ca.com. For business opportunities, please contact Executive Vice President of Business Development Dan Palmquist at 714.436.3300 or .