Glad to oblige and answer that question, as well as adding other bits of Prinergy trivia. The original development team of Prinergy was made up of Jim Firstbrook (Project Engineer), Stan Coleman (Project Manager), and Dave Kauffman (Product Manager) waaaaay back in the mid-nineties. Jim and Stan were assigned to the project exclusively, while D.K. had other responsibilities (like Platemaster, the workflow that was the precursor to Prinergy).
Okay, so one day Jim and Stan go out to a restaurant in Whistler called Araxi. And that's what they named the project.
(Editor's note: Above statement is inaccurate. See comments for notes from Dave Kauffman)
"It was David Kauffman who picked the code name Araxi after a fantastic meal there in 1995 with his wife on a ski holiday. The irony is that a few weeks later we hired Jim Firstbrook who actually knew the owners - Jack and his Greek wife Araxi. True story. Stan cannot be blamed for any of this."
- David Kauffman
Then they went back to work and start bringing developers onto the project and writing specs and all that good stuff. Some of the work involved was bringing on the Heidelberg development team who contributed to the trapper and color management engine, as well as to process plan editor and other GUI stuff. And then the marketing guys started to work on what the name should be for the product that was going to come out of the "Araxi" project.
Now, you would think it would be simple just to assign a name to the product, but its not. When AGFA's Apogee came out and wasn't the big success that everybody wanted it to be, it quickly acquired the name "Apology." I worked on a product called "Prescript" which did not work exactly as expected and in the prepress rooms of our customer, it quickly acquired another name which...um..I don't need to mention here.
Anyhow, Araxi went through a whole bunch of names in the development cycle. My favorite ex-name was "Metro." As a joke, I suggested "Orgasm." There was a (brief) campaign to name it Tojo after the famous sushi restaurant in Vancouver but Tojo was also an infamous Japanese general in WWII so that name definitely wouldn't play well in certain parts of the US.
In the meantime, while all the name wrangling was going on, the engineers weren't going to subsitute "araxi" in the code base until they were pretty darn sure that the name was going to stick. By the time everybody settled on the name "Prinergy," the "araxi" string was so embedded in the code (like with the naming of the volume shares) that it was decided that it was too much work to swap out "Araxi" with Prinergy.
Other Prinergy Trivia that you may or may not care about?
Was there ever an Easter egg in Prinergy?
Yes and no. In Prinergy one, embedded in the Java workshop was a picture of a backwards-facing cement truck that was a souvenir of the first beta (RRD something, I forget the exact location). The only problem was that the developer who supposedly buried the Easter egg wouldn't tell anybody how to trigger it. Which leads to the question, was there ever really an Easter egg or did the developer just say there was one to get the applications engineers off his back? (Editor's note: See comments for more info on this)
Is it true that the first version of Prinergy was not going to support spot colors?
True. There was a huge fight over that. But then the first version of Apogee didn't support spot colors and the public reaction was so negative that the engineering team put it in.
What was the first thing printed off a Prinergy system?
An auction of OJ belongings after he got his pants sued off in civil court. I kid you not. Typecraft was the printer, down in California.
That's all I can remember for now. I may update this in the future, over a few beers.