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  • DoMark International, Inc. (DOMK) Acquires IP, Patent Application For Industry-First Imagic Cartridge Printer 0 comments
    Aug 7, 2013 10:29 AM | about stocks: DOMK

    DoMark International, a consumer electronics company focused on the design, development, and market of smartphone and tablet accessories, through DoMark associate company Imagic Ltd., has acquired the IP and patent application for an innovative cartridge printer for use with smartphones and tablets.

    The first-of-its-kind Imagic Cartridge Printer is complementary to DoMark's diverse product range of smartphone and tablet accessory products. DoMark believes the Imagic Printer bridges a gap in the market by combining immediacy, quality, privacy, and convenience not delivered by PC desktop home printers or local store options.

    "DoMark is making rapid progress in developing an integrated suite of smartphone and tablet accessories that satisfy the needs of global mass markets," Andy Ritchie, CEO of DoMark stated in the press release. "With smartphone and tablet sales expected to reach 6.5 billion by 2017, we believe the Imagic Cartridge Printer will be a valuable addition to our portfolio of products. Currently in Beta development we anticipate the product to be on the market early in 2014."

    The unique features of the printer allow durable, fade-free photos to be printed from any smartphone or tablet via wireless connection without the use of dye ribbons, ink, or sheets of chemically treated paper. The plug-in renewable paper cartridge offers 20, 6×4 inch post card-sized prints of 100 percent digital reproduction quality.

    Domark holds a 31 percent equity stake in Imagic. Financial details of the transaction were not disclosed.

    Domark in recent weeks has released news of other product-related news, including details on the Zaktek PhonePad+, the Imagic Smartlink pocket transmitter, the Imagic Games Controller, and the Solawerks IR Charger Case.

    For more information, visit domarkintl.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Stocks: DOMK
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