The company states that the product has the potential to revolutionise office recycling, by securely destroying documents and turning them into office paper using a dry process, organisations that install a PaperLab will be able to produce paper of various sizes, thicknesses, and types.
PaperLab makes paper without the use of water – ordinarily it takes about a cup of water to make a single A4 sheet of paper. The system can produce about 14 A4 sheets per minute and 6,720 sheets in an eight-hour day.
Epson plans to put the new "PaperLab" into commercial production in Japan in 2016, with sales in other regions to be decided at a later date. Businesses and government offices that install a PaperLab in a backyard area will be able to produce paper varying from office paper and business card paper to paper that is colored and scented.
The enduring universal appeal of paper lies in its simplicity as a communication tool. In fact, recent research carried out by Epson in Europe, revealed that 77% of employees across Italy, France, Spain, Germany and the UK, saw printers as vital in terms of helping them effectively work with 49% stating that not having printing capabilities would significantly impact their productivity.
Information on the highly portable and always convenient medium of paper is easy to read, easy to digest, and easy to remember. Furthermore, 61% of survey respondents said that they believe "there is more chance of making errors when editing an electronic document than editing a print-out" with 88% of respondents printing on average around 21 items per day which equates to around 83 pages.
Epson set out to develop technology that would change the paper cycle. With PaperLab, the company says it aims to give new value to paper and stimulate recycling.