Sounds as if it needs the ink pads in the base changing. (Or wash them out and dry them before replacing them - very messy!!!).
Then use SSC Service Utility to reset the counter.
You can download SSC Service Utility.
http://www.ssclg.com/epsone.shtml
ChicksFan, February 2011
Printer Genie on ebay, under "Printer Repair Discs",
computers section. about £5.