The News Stand of The Future is Here

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The News Stand of The Future is Here

Ricoh Europe, London, 17 July 2013 --Ricoh’s printing technology has been selected for Meganews, the world’s first print on demand news stand, providing an innovative way to print and sell a range of titles. Meganews is a newspaper vending machine with internet access that prints, in real time, over 200 magazines and journals. It takes only two minutes from making a purchase until a freshly printed magazine drops down the hatch. The solution reduces publishers' costs for distribution and logistics. It is also more environmentally responsible, as it saves transportation.

 

Swedish journalist and TV profile Lars Adaktusson, his brother Hans and their company Meganews Sweden initiated the concept. Ricoh supplied the technology, while Sweco created the software, card terminal and screens. The stand was designed by LA + B.

 

According to a survey conducted by the research institute Innventia*, on behalf of Meganews Magazines, fossil greenhouse gases generated during the life cycle of a magazine printed in a Meganews kiosk are approximately 60 per cent lower, compared to a title printed and distributed in the traditional way. The reason for this is that 40 per cent of traditionally printed journals are not sold, must be returned and go directly to recycling. A number of Sweden’s leading publishers are participating in the project, including Bonnier Tidskrifter, Aller Media, Albinson & Sjöberg, LRF Media, IDG, Talentum and Medströms.

 

“Purchases are made on screen using a credit card, ensuring convenient and secure transactions”, said Tommy Segelberg, Director Nordic Operations, Production Printing Business Group, Ricoh Sweden.

 

“This product is a direct response to the growing need for on demand printing. It is also an example of true innovation and we are proud that Ricoh’s leading technology is contributing to magazine production of the future,” added Graham Moore, Director of Business Development for Ricoh Europe.

 

During the next six months the stand will be tested in airports, hotels, hospitals, grocery stores and other malls across the country.

 

*LCA (Life Cycle Assesment) gives green light for new media solution.  May 29 2013

 

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| About Ricoh | 

Ricoh is a global technology company specialising in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2013, Ricoh Group had worldwide sales of 1,924 billion yen (approx. 20 billion USD).

The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialised industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.

Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees.

For further information, please visit  www.ricoh-europe.com.      

For further information, please contact:
Ricoh Europe PLC
Janice O'Donnell / Jack Gibson 
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