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AstroNova Expands Market Opportunity with Launch of Breakthrough Entry-Level QuickLabel E100 Color Label Printer
Rhea-AI Impact
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Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
AstroNova (NASDAQ: ALOT) announced the launch of the QL-E100, a compact, full-color label printer aimed at smaller businesses and larger enterprises seeking on-demand labeling solutions. The printer features a user-friendly 7" touchscreen and high-performance water-based inks, delivering professional-quality output. CEO Greg Woods highlighted the QL-E100 as a significant opportunity to tap into a large market of customers with smaller budgets. This product enhances AstroNova's position in the data visualization sector, providing affordable options for in-house label printing.
Positive
Launch of QL-E100 expands market reach into small budget segments.
User-friendly design and features could drive higher sales.
WEST WARWICK, R.I.--(BUSINESS WIRE)--
AstroNova, Inc. (Nasdaq: ALOT), a global leader in data visualizationtechnologies, today announced the production release of the QL-E100, an entry-level addition to its successful QuickLabel product line-up.
On October 24, 2022, AstroNova announced the launch of the QuickLabel E100 Color Label Printer. The QL-E100 is a user-friendly, compact, full-color tabletop label printer. (Photo: Business Wire)
The QL-E100 is a user-friendly, compact, full-color tabletop label printer. It delivers professional-quality output at a price point ideal for smaller businesses, as well as larger enterprises that require multiple on-demand label printers at the point of sale or at distributed locations throughout their facilities.
“The game-changing design of our QL-E100 opens up a large untapped market opportunity to reach customers with smaller budgets or those just beginning to leverage the many advantages of in-house label printing,” said AstroNova President and CEO Greg Woods. “The QL-E100 combines the benefits of professional printing with flexibility, portability, simplicity, and affordability. We are excited to extend our industry-leading color labeling solutions into this large and growing market segment.”
Featuring a best in class 7” color touchscreen interface and internal image storage, the QL-E100 allows customers to print professional-quality, customized labels at the touch of a button. The QL-E100 uses high-performance, water-based inks to consistently deliver bright, vibrant color labels.
To see the QL-E100 in action, check out the product video here.
About AstroNova
AstroNova (Nasdaq: ALOT), a global leader in data visualization technologies since 1969, designs, manufactures, distributes, and services a broad range of products that acquire, store, analyze, and present data in multiple formats. The Product Identification segment provides a wide array of digital, end-to-end product marking and identification solutions including hardware, software, and supplies for OEMs, commercial printers, and brand owners. The Test and Measurement segment provides products designed for airborne printing solutions, avionics, and data acquisition. Our aerospace products include flight deck printing solutions, networking hardware, and specialized aerospace-grade supplies. Our data acquisition systems are used in research and development, flight testing, missile and rocket telemetry production monitoring, power, and maintenance applications. AstroNova is a member of the Russell Microcap® Index and the LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is available by visiting www.astronovainc.com.
Media
Jennifer L. Pray Sr. Manager, Marketing & Communications AstroNova, Inc. (401) 298-8728
jpray@astronovainc.com
Investors
Scott Solomon Senior Vice President
Sharon Merrill Associates, Inc. (857) 383-2409
ALOT@investorrelations.com
Source: AstroNova
FAQ
What is the QL-E100 launched by AstroNova?
The QL-E100 is a compact, full-color label printer designed for small businesses and larger enterprises, featuring user-friendly controls and professional-quality output.
When was the QL-E100 announced by AstroNova?
AstroNova announced the QL-E100 on October 24, 2022.
How does the QL-E100 benefit smaller businesses?
The QL-E100 offers an affordable labeling solution, making in-house label printing accessible for smaller budgets.
What is the significance of the QL-E100 for AstroNova?
The QL-E100 allows AstroNova to target a new customer segment, potentially increasing market share and revenue.
What features does the QL-E100 include?
It includes a 7" color touchscreen interface, internal image storage, and uses high-performance water-based inks.
