Cadapult Graphic Systems' CEO, Michael Levin, Talks to The Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 2, 2000 The Wall Street Transcript has published an in-depth interview with Michael Levin Michael Levin (born 21 May 1943; Ph.D., Columbia University) is a professor of philosophy at City University of New York, who has published works on metaphysics, epistemology, race, homosexuality, animal rights, the philosophy of archaeology, the philosophy of logic, philosophy of , chief executive officer of Cadapult Graphic Systems (AMEX AMEX See: American Stock Exchange :GFX GFX Graphic Effect(s) GFX Global Effects GFX Government Furnished Equipment GFX Graphics Driver GFX Graphics Link File GFX Geforce Fx GFX Graphic Effects ), in which he talks at length about the company's future. The entire 2,400-word interview is available free online at http://www.twst.com/ceos.htm. Levin gives an overview of the company. "We are the leading independent manufacturer of supplies for workgroup color printers. Today we provide solid ink Solid ink is a technology used in printers and multifunction devices originally created by Tektronix. After Xerox acquired the Tektronix Color Printing and Imaging Division in 2000, the solid ink technology became part of the Xerox line of office printing and imaging products. and toner for Xerox and Minolta-QMS. These two organizations hold the No. 2 and No. 4 positions in the marketplace. Our supplies are high-quality, cost-effective alternatives to the manufacturers' brand." Levin explained: "We like to use the analogy of the razor and the razor blades ra·zor·blade also ra·zor blade n. A thin sharp-edged piece of steel that can be fitted into a razor. razor blade n → hoja de afeitar razor blade . We provide the printer (the razor) and most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially the supplies (the blades), which represent a highly profitable recurring revenue stream. We believe that our profitability, recurring revenue stream and the growth of the marketplace offer our investors a unique opportunity. "Additionally, we believe our No-Cap color program is recession proof in that when recessions hit, the first things First Things is a monthly ecumenical journal concerned with the creation of a "religiously informed public philosophy for the ordering of society" (First Things website). that are cut are capital budgets. Our program then offers companies the unique ability to acquire the technology they need without the capital." Looking forward, Levin stated: "Our opportunity is proportional to the growth in new unit placements and to the size of the installed base for these workgroup color printers. Market forecasts show the sales of new units will grow between 45 percent and 60 percent annually over the next three years. "Additionally, there is a significant installed base of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color printers worldwide. It is the new unit placements in conjunction with the installed base that make this such a unique opportunity." This interview is part of a 48-page Imaging Industry Issue available at http://www.twst.com/info/info183.htm or by calling 212/952-7433. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for more than 37 years. The Wall Street Transcript has launched a new free service where investors can ask Cadapult Graphic Systems (or any public company) a question at http://www.qawire.com. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. |
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