It seems like HP have been using 'Envy' as a way to denote their mid-high end products. Never knew they used it with printers though, that does seem kinda odd. Who brags about having a high end printer?
At least I had that back in the day at college. Now I got a Brother color laserjet L8850CDW! It's got wireless and it duplexes and it's got scanning as well. Supposedly it does faxing but I don't have a hard line to try it out on. It's got this touchscreen display, and each cartridge has about 4,000 page!
...people will brag about anything. If you're in the industry, whichever industry it is, if you've got the best (along whichever metric is appropriate), and you want people to know, you'll brag about it.