Lexmark unveils printer with $4.99 black ink

Lexington-based printermaker Lexmark International unveiled a new all-in-one inkjet printer on Tuesday that offers $4.99 black ink cartridges that have a yield of 500 pages.

Designed for small and medium-sized businesses, the Pinnacle is a part of Lexmark's professional line of all-in-one inkjets and includes printing, scanning, copying and faxing functions. The printer boasts a touch screen that offers the company's SmartSolutions, which allow users to customize their printing processes to a great degree using what are similar to macros on computers.

The printer, which will be available in April at a suggested price of $299.99, also includes a five-year warranty.