Article: HP Announces Next-Generation Color Laser Printer with Affordable, Near-Photographic Color Output; New HP Color LaserJet 5 Printers Designed To Increase Office Color Use With Low Cost Per Page, Cost of Ownership.

PALO ALTO, Calif.--(BUSINESS WIRE)--March 11, 1996 -- Hewlett-Packard Company, the leader in the color laser printer market, today introduced its next-generation color laser printers, the HP Color LaserJet 5 and 5MP printers. The new printers provide near-photographic color print quality and a breakthrough in cost per color page. Now, for the first time, it is as affordable to produce a color page on the Color LaserJet 5 printers as it is to produce the same page on a monochrome laser printer.

The Color LaserJet 5 printers are created for corporate workgroups, where color printing is on the rise. According to Giga Information Group, a Norwell, Mass.-based research ...

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