This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Lexmark Awarded Worldwide Printing Solution Services Agreement From Statoil

Stocks in this article: LXK

LEXINGTON, Ky., Oct. 4, 2012 /PRNewswire/ -- Statoil, a leading energy company within the oil and gas production industry, has chosen Lexmark International, Inc. (NYSE: LXK) for a five-year printing solution services agreement approximately valued at $20 million for the initial contract period. Lexmark is now the sole printing solution services provider for Statoil operations worldwide.

Lexmark will optimize Statoil's output infrastructure, providing output solutions, improving security and implementing other managed services. Deploying Lexmark's intuitive smart multifunction products will also streamline business processes and provide an environmentally sound solution that decreases energy and consumables usage and significantly reduces the number of printed pages.

In addition, Lexmark will deploy security measures across the organization as well as best-in-class color technology to deliver additional benefits.

Lexmark's Print Release solution will enable Statoil to manage and control its printing volumes, reduce the number of pages printed unnecessarily and result in greater information security, as well as greater flexibility because Statoil employees can now release their printouts at any printer in the company.

These Lexmark solutions and services will be executed globally throughout Statoil's organization, providing consistency and visibility to its output fleet.

Supporting Quote:

"By leveraging Lexmark's output and imaging leadership, industry expertise and global capabilities, Statoil will realize measureable business efficiencies," said Marty Canning, Lexmark executive vice president and president of Imaging Solutions and Services. "Lexmark's business solutions will make it easier for Statoil to reduce its environmental impact from printing."

About Statoil

Statoil is a leading energy company within oil and gas production and ranks number 67 on Fortune's Global World's Largest Companies list. The company, that has 40 years of experience from its segment, employs approximately 21,000 people in 36 countries worldwide and aims to meet the global needs for energy in a responsible way. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,387.21 -291.49 -1.65%
S&P 500 2,029.55 -27.54 -1.34%
NASDAQ 4,681.4970 -90.2660 -1.89%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs