Katun Corporation Announces the Acquisition of Media Sciences Toner Business
Acquisition Combines Fundamental Strengths of Two Aftermarket Color Leaders
MINNEAPOLIS – (November 12, 2010) – Katun Corporation, one of the world’s leading alternative suppliers of imaging supplies, photoreceptors and parts for the imaging industry, announced today that it has acquired the toner cartridge business of Media Sciences International, Inc., a leading independent manufacturer of color toner cartridges and solid ink sticks for office color printers. As part of this transaction, Katun will also become the exclusive Master Distributor of the Media Sciences ink stick product line.
Carlyle Singer, president and CEO of Katun Corporation, states, “Katun is excited to add these quality products to its portfolio, as Media Sciences has successfully pioneered the new-build color space for non-HP printer applications, which is strategically aligned to Katun’s development of the color aftermarket for copier and multifunction applications.”
Media Sciences’ selection of color toner cartridges and solid ink sticks for color printers effectively complements Katun’s existing color and monochrome product lines – providing an even greater range of product selection across office equipment platforms for customers in multiple channels.
Katun’s worldwide distribution capabilities will continue to support high service levels, while Katun’s technical strengths will drive an increased emphasis on new product development. “Our combined R&D capabilities will ensure our customers continue to receive compatible products that offer unsurpassed quality across multiple technology platforms,” said Singer. “At the same time, these new capabilities will enable us to accelerate new product launches to our customers.”
“The common philosophies and values that our two companies share, make this acquisition a win for all parties,” concluded Singer, “as both organizations have built their businesses on offering similar value propositions: quality products, high service levels and overall customer value.”
About Katun Corporation
Headquartered in Minneapolis, Katun Corporation is one of the world’s leading alternative suppliers of compatible imaging supplies, photoreceptors and parts for the office equipment industry. With nearly three decades of expertise, Katun now serves more than 18,000 customers in 150 countries. For more information, visit Katun online at www.katun.com.
About Media Sciences
Media Sciences International, Inc. is a leading independent manufacturer of color toner cartridges and solid ink for office color printers. As a premium-quality price alternative to the printer manufacturer’s brand, Media Sciences’ newly manufactured color toner and solid ink products for use in Dell®, Samsung®, Xerox®, Tektronix®, OKI®, Ricoh®, Konica-Minolta/Minolta-QMS®, Epson®, and Brother® office color printers deliver significant savings when compared to the printer manufacturer’s brand.