CORRECTING and REPLACING DNP and Altech ADS Take Controlling Share in Pixel Magic Imaging.Business Editors/High-Tech Writers CORRECTION...by Dai Nippon Printing Dai Nippon Printing (大日本印刷 Dai Nippon Insatsu Co., Ltd. TOKYO--(BUSINESS WIRE)--June 4, 2004 In BW5850 issued June 3, 2004: Please replace the release dated June 3, 2004 with the following corrected version due to multiple revisions. The corrected release reads: DNP DNP n. Deoxyribonucleoprotein; a complex of DNA and protein that usually yields DNA upon cell disruption and isolation. DNP 2,4-dinitrophenol. AND ALTECH ADS TAKE CONTROLLING SHARE IN PIXEL MAGIC IMAGING Dai Nippon Printing Co., Ltd. (DNP), Altech ADS Co., Ltd. (Altech), Pixel Magic Imaging (Pixel Magic), and Pixel Magic's investors on May 21 concluded an agreement by which they will jointly acquire a controlling share in Pixel Magic Imaging(tm) (Pixel Magic), a major U.S. Digital Photo Printing System and print materials marketing company. Pixel Magic aims for annual sales to top the 100 million U.S. dollar mark by 2008. Investment Objective Pixel Magic is currently a venture-funded business undergoing rapid business expansion in the digital photo print market(a), by aggressively placing such equipment as Kiosk terminals(b) in major retailers throughout North America. By welcoming onto its board DNP, the world's top player in Dye Sublimation sublimation, in chemistry sublimation (sŭblĭmā`shən), change of a solid substance directly to a vapor without first passing through the liquid state. Media(c) and Altech, with its proven track record in photo-printer marketing, Pixel Magic will enhance its services to its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. clients, as well as expand market share. This investment strengthens its ties with both DNP and Altech. Investment Breakdown DNP and Altech will acquire new shares issued by Pixel Magic and part of the preferred shares held by current investors. The DNP acquisition will be carried out by the DNP U.S. subsidiary, DNP IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. America Corp. When the DNP and Altech investments are combined, they will amount to a controlling share of Pixel Magic. About Pixel Magic Imaging(tm) (Pixel Magic) Since 1993, Pixel Magic has pioneered many of the retail imaging technologies that are accepted as standards today. The company has shipped over 6,000 systems to date to such clients as Eckerd Drug, Meijer Corp, Japan Camera Centre, and Carnival Cruise Lines This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. . Pixel Magic Imaging was founded on and continues to promote open architecture, modular digital imaging solutions designed to help consumers easily take advantage of the many benefits digital photography offers. Its One Touch Digital Printing(tm) is a unique one-touch software platform designed to offer instant digital services at the touch of a single button. Pixel Magic is located twenty miles south of Austin in San Marcos, Texas San Marcos is a city in Texas, USA. The population was 34,733 at the 2000 census. It is the county seat of Hays County.GR6 Texas State University-San Marcos (formerly Southwest Texas State University) is located in the city. . To receive more information, call (800) GO PIXEL (800-467-4935) or visit www.pixelmagic.com. About Altech ADS Co., Ltd. (Altech) A wholly-owned subsidiary of Altech Co., Ltd. engaged in the marketing of CD and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. mastering facilities and peripheral equipment, IC card and IC tag manufacturing equipment and attaching equipment, memory card/IC card testers, DVD cases, editors, various scanners, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. browsers, image compressing software, electronic bookkeeping systems, printing machinery for digital cameras, e-business solutions, automatic typesetting typesetting: see printing. typesetting Setting of type for use in any of various printing processes. Type for printing, using woodblocks, was invented in China in the 11th century, and movable type using metal molds had appeared in Korea by the 13th software, passport readers, special surveillance system and crime investigation support systems, etc. For further information please see www.altech.co.jp. About Dai Nippon Printing Co., Ltd. (DNP) DNP is the world's largest comprehensive printing company with annual sales of 1.354 trillion yen and 34,500 employees (as of March 2004). DNP's wide range of businesses includes publication printing, commercial printing, smart cards, business forms, packaging, decorative materials, networking infrastructure, and electronic components. Applying its fundamental printing techniques and technologies, the company is the top vendor of dye sublimation media. For more information about DNP, please visit www.dnp.co.jp. Glossary (a) Digital Photo Print -- The prints of photos taken with a digital camera and digitally processed images. (b) Kiosk terminals -- Vending machines for on-the-spot printing of photographs taken with digital cameras or camera-equipped cell-phones. Increasingly being placed in photo studios and convenience stores. (c) Dye sublimation Media -- A type of thermal transfer media. Composed of the Yellow, Magenta Magenta, town, Italy Magenta (mäjān`tä), town (1991 pop. 23,667), Lombardy, N Italy, near Milan. Manufactures include matches, textiles, and machinery. and Cyan tricolor tricolor describes a coat color of dogs and cats which has orange and black patches (similar to the tortoiseshell) but has in addition patches of white hair; see tortoiseshell. ink ribbon and dedicated printing paper. As the dye is transferred in direct proportion to the concentration of the images, it is possible to achieve smoother images. This process is widely used as a commercially based digital camera printing process. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion