Xerox Corporation has introduced a new production laser printer designed
to print checks and other negotiable documents. The Xerox DocuPrint 75MX brings advanced MICR (Magnetic Ink Character Recognition) capabilities to mid-volume and distributed production environments and rounds out the company's MICR laser production printer line.

"Xerox introduced the first MICR laser printer nearly 20 years ago, and our products have established the standard for MICR performance," said Mark Waxenberg, vice president and general manager, Xerox Production Solutions
Business.  "The DocuPrint 75MX offers a particularly attractive value for customers who are looking for a reliable, full-featured mid-range product, complemented by unmatched MICR experience and support."

Like other Xerox production MICR products, the DocuPrint 75MX is designed for service bureaus, corporate data centers and companies in financial services and insurance that produce checks and negotiables for payroll, billing
and accounting services.

"With the DocuPrint 75MX, Xerox is in excellent position to address the mid-volume MICR printing market," said Gilles Biscos, president of market-research and consulting firm INTERQUEST.  The DocuPrint 75MX will be available in North America in the fourth quarter at a U.S. suggested manufacturer's price of $59,000. Order taking
begins immediately.  All sales are through the Xerox direct sales force and Xerox agents.