Sawgrass Technologies and STS Refill Technology have entered into a long-term license agreement under which STS, as an authorised Sawgrass licensee, will sell digital inks for sublimation imaging.
Nathan Hale, CEO of Sawgrass Technologies said, ‘STS is the latest licensee to recognise the depth of our patent portfolio. We have new patents being issued all the time and a portfolio that continues to be relevant well into the future. STS is one of the younger companies in our industry, and it is nice to see new innovation continuing in what we believe is still a very early growth phase of an explosive market for digital printing.’
STS joins an exclusive group of companies that have signed similar license agreements with Sawgrass, including BASF, Huntsman (formerly Ciba Specialty Chemical), InkTec, J-Tech (now part of the Kiian Group), Kiian Group, Kiwa Chemical, Mimaki Engineering Company, Nazdar and Sensient Technologies.
Sawgrass owns a patent portfolio of more than 160 patents issued globally and continues to expand with substantial investment in cutting-edge research on digital printing solutions. STS has a global distribution network and has signed a license agreement that allows them to sell their own manufactured dye sublimation ink around the world for use with printers having a carriage width greater than 106.68cm (42 inches).
‘STS has collaborated with Sawgrass on various projects because we share a common belief in producing high-quality digital products,’ said STS Founder Shahar Turgeman. ‘We value our relationship with Sawgrass and look forward to selling our licensed products globally.’