EXHIBIT 99

          Printronix Declares First Quarterly Cash Dividend

    IRVINE, Calif.--(BUSINESS WIRE)--Jan. 19, 2005--Printronix, Inc.,
(NASDAQ:PTNX), the leading manufacturer of integrated enterprise
printing solutions for the supply chain, today announced that its
Board of Directors, at its January 14, 2005 meeting, has declared its
first quarterly cash dividend of $0.05 per share to be paid on
February 16, 2005 to shareholders of record as of February 2, 2005.
The cash effect of the dividend will be approximately $320 thousand
based on approximately 6.5 million shares outstanding as of January
19, 2005.
    The Board of Directors also stated that it intends to continue to
declare quarterly dividends at approximately the same rate for the
foreseeable future, subject to Printronix's continued profitable
financial performance and liquidity.
    There will be an earnings conference call at 1:30 p.m. PT (4:30
p.m. ET) on January 19, 2005. The call will be broadcast live over the
Internet and will be hosted by Robert Kleist, President and CEO and
George Harwood, Senior Vice President and CFO. To access the live
audio webcast, go to the Printronix Web site at www.printronix.com and
select the conference call link to register.

    Except for historical information, this press release contains
"forward-looking statements" about Printronix, within the meaning of
the Private Securities Litigation Reform Act of 1995. Terms such as
"objectives," "believes," "expects," "plans," "intends," "should,"
"estimates," "anticipates," "forecasts," "projections," and variations
of such words and similar expressions are intended to identify such
forward-looking statements. These statements involve a number of
risks, uncertainties and other factors that could cause actual results
to differ materially, including: adverse business conditions and a
failure to achieve growth in the computer peripheral industry and in
the economy in general; the ability of the company to achieve growth
in the Asia Pacific market; adverse political and economic events in
the company's markets; a worsening of the global economy due to
general conditions; a worsening of the global economy resulting from
terrorist attacks or risk of war; a worsening of the global economy
resulting from a resurgence of SARS (Severe Acute Respiratory
Syndrome); the ability of the company to maintain our production
capability in our Singapore plant or obtain product from our Asia
Pacific suppliers should a resurgence of SARS occur; the ability of
the company to hold or increase market share with respect to line
matrix printers; the ability of the company to successfully compete
against entrenched competition in the thermal printer market; the
ability of the company to adapt to changes in requirements for RFID
products by Wal-Mart and/or the Department of Defense and others; the
ability of the company to attract and to retain key personnel; the
ability of the company's customers to achieve their sales projections,
upon which the company has in part based its sales and marketing
plans; the ability of the company to retain its customer base and
channel; the ability of the company to compete against alternate
technologies for applications in our markets; and the ability of the
company to continue to develop and market new and innovative products
superior to those of the competition and to keep pace with
technological change. The company does not undertake to publicly
update or revise any of its forward-looking statements, even if
experience or future changes show that the indicated results or events
will not be realized.

    About Printronix, Inc.

    Since 1974, Printronix Inc. (NASDAQ:PTNX) has created innovative
printing solutions for the industrial marketplace and supply chain.
The company is the worldwide market leader in enterprise solutions for
line matrix printing and has earned an outstanding reputation for its
high-performance thermal and fanfold laser printing solutions.
Printronix also has become an established leader in pioneering
technologies, including radio frequency identification (RFID)
printing, bar code compliance and networked printer management.
Printronix is headquartered in Irvine, Calif. For more information,
please visit www.printronix.com.

    CONTACT: Printronix, Inc., Irvine
             Robert A. Kleist, 714-368-2863
             or
             George L. Harwood, 714-368-2384
             or
             WunderMarx, Inc.
             Cara Good (Media), 949-860-2434, ext. 312
             cara.good@wundermarx.com
             or
             EVC Group, Inc.
             Douglas M. Sherk (Investors), 415-896-6818
             dsherk@evcgroup.com
             or
             Jennifer Beugelmans (Investors), 415-896-6817
             jbeugelmans@evcgroup.com