FOR IMMEDIATE RELEASE

Printronix, Market Leader in Industrial Printing Solutions, Expands Americas Sales Channels with a distribution agreement adding Total Imaging Solutions Provider DCS.

Irvine, CA – March 23, 2023 – Printronix, the leading global manufacturer of ruggedized industrial printing solutions, today announced the addition of DCS as a distribution partner for its Non- Impact Printing portfolio of products. DCS is a Total Imaging Solutions Provider for independent printer & copier resellers with clients all over the United States, Canada, Latin America and the Caribbean. DCS is supplying many resellers with hardware and consumables, and they are known for their superior service and sales at the lowest cost.

Werner Heid, Printronix Chief Executive Officer, adds: “With this agreement, DCS will provide thousands of their resellers with a growing portfolio of Printronix printing solutions. Printronix printing solutions, provide high durability & reliability print application versatility and best-in-class total-cost of ownership, enabling unrivaled performance and equipment uptime for mission critical industrial and commercial applications for our customers.”

The new printer solutions Printronix will offer DCS are the Printronix LP654C, the world’s most rugged, smallest footprint Letter/A4 color non-impact page printer ready to perform at high-speed, high-quality full color. The device prints 35 ppm and can manage media weight up to 256 gsm, and up to 52”/1.32m in length. The LP654C’s innovative Space Saving Technology includes full front access, allowing the printer to fit and operate in a very tight space, only requiring 1” space around the sides.

The new tabloid/A3 color printer is the LP844C with the smallest footprint and capable of print speeds up to 36 ppm. In addition to standard paper, both printers are designed to work on a variety of specialty media including magnetic media, synthetic paper, in or outdoor quality label stock and banners with media weight up to 256gsm and up to 12” x 52”/1.32m in length.

For nearly 50 Years Printronix has been the leader in industrial printing solutions with award-winning, high-speed line matrix and serial dot matrix printers.

Brian Oconnor Vice President at DCS adds “We are excited to offer our resellers the next- generation laser printers that are the world’s smallest and most robust printers in the industry,”. “All of these printers will come with a standard, 1-year, on-site manufacturer’s warranty, with the option to purchase extended warranty agreements that extend coverage up to five years in total. Customers purchasing extended warranty agreements will also benefit from our ‘Service Performance Guarantee’ (if we cannot fix it, we replace it!). Printronix is the only printer manufacturer in the world offering this Service Performance Warranty.”

To view the Printronix print solutions, visit www.printronix.com

To view the complete DCS Imaging solutions, visit www.dcsbiz.com

About Printronix

Printronix was founded in 1974 and headquartered in Irvine, California. It is a manufacturer of industrial printing solutions, offering the most-trusted selection of ultra-dependable printers, supplies, and service for demanding environments. The company offers two of the most-trusted brands in industrial printing, Printronix and TallyGenicom, which are well known throughout manufacturing, distribution, retail, food & beverage, banking, government, and other enterprises across the globe. The combined portfolios include the highest quality line matrix and serial dot matrix printers and reinforced with the addition of the Printronix Industrial Laser Printers.

In October 2021, Acacia Research Corporation (“Acacia”) acquired Printronix. Acacia is a publicly traded corporation (Nasdaq: ACTG), that acquires undervalued businesses with a primary focus on mature technology, life sciences, industrial and certain financial services segments, and pursues opportunities for value creation.

Printronix press contact:

Arthur Verweij averweij@printronix.com

DCS press contact:

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Such forward-looking statements may turn out materially and adversely differently from those expressed in this news release because of several factors and uncertainties. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.