Corporate Profile for Creo Products, dated Jan. 7.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: Jan. 7, 2000
Company Name: Creo Products Inc.
Address: 3700 Gilmore Way
Burnaby, BC V5G 4M1
Main Telephone
Number: 604/451-2700
Internet Home
Page Address
(URL) www.creo.com
Chief Executive
Officer: Amos Michelson
Chief Financial
Officer: Tom Kordyback
Investor Relations
Contact: Tracy Rawa
Business number: 604/451-2700
E-mail address: ir@creo.com
Public Relations
Contact:
Business number:
E-mail address:
Industry: Diversified Machinery
Trading Symbol/
Exchange: Nasdaq:CREO TSE:CRE
Market Makers: N/A
Company description: Based in Vancouver, B.C., Creo Products Inc. is a Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. high-technology company that has integrated its strengths in electronics, optics, precision mechanics and software to become the world's leading supplier of computer-to-plate (CTP CTP (cytidine triphosphate): see cytosine. (1) (Computer-To-Plate) The production of printing plates directly from the computer without requiring film as an intermediate step. ) systems. CTP technology transfers digitized text, graphic images and line artwork from desktop publishing desktop publishing, system for producing printed materials that consists of a personal computer or computer workstation, a high-resolution printer (usually a laser printer), and a computer program that allows the user to select from a variety of type fonts and sizes, computer systems directly onto printing plates, eliminating many of the labor-intensive, complex and costly preparatory pre·par·a·to·ry adj. 1. Serving to make ready or prepare; introductory. See Synonyms at preliminary. 2. Relating to or engaged in study or training that serves as preparation for advanced education: steps required by conventional processes. Creo's innovation, technical excellence, and employee commitment are focused exclusively on providing CTP system solutions to the graphic arts graphic arts: see aquatint; drawing; drypoint; engraving; etching; illustration; linoleum block printing; lithography; mezzotint; niello; pastel; poster; silk-screen printing; silhouette; silverpoint; sketch; stencil; woodcut and wood engraving. and printing industries. Creo was the first to develop and commercialize a fully integrated high-speed CTP solution. Since introducing CTP technology in 1994, and then thermal CTP in 1995, Creo has been setting the industry standard for digital prepress solutions. Continuous reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. in research and technology development reinforces this position of leadership. The company vision is to bring workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. , proofing, archiving, and scanning together into an open, unified product family designed from the ground up for productivity, reliability and exceptional quality. To this end, Creo offers a complete family of end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. , including thermal imaging systems, digital proofers, advanced copydot scanning systems, and robust workflow management software. These products are backed by the most knowledgeable and experienced customer support organization in the industry. Creo systems are based on patented and proprietary thermal imaging and related technologies. Components are modular and can be used separately or assembled as·sem·ble v. as·sem·bled, as·sem·bling, as·sem·bles v.tr. 1. To bring or call together into a group or whole: assembled the jury. 2. in a variety of configurations to meet the needs of customers with varying print volumes and press sizes. They can also accommodate a full range of plate sizes, throughput The speed with which a computer processes data. It is a combination of internal processing speed, peripheral speeds (I/O) and the efficiency of the operating system and other system software all working together. 1. requirements, and automation levels. Creo solutions allow printers and tradeshops with any size operation to respond more quickly and cost-effectively to demands from their customers for tighter deadlines, better and more consistent color quality, shorter print runs, and greater customization of print jobs. In 1997, Creo joined forces with Germany's Heidelberger Druckmaschinen AG, the world's leading supplier of printing equipment. Together, the two companies are breaking new ground in the development, production, and marketing of co-branded CTP solutions for the printing industry. The partnership has broadened Creo's global presence, expanding activity into over 160 countries worldwide. Creo was founded in 1983 and is headquartered in Vancouver, Canada. Regional sales and customer support offices are located throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The European head office in Brussels supports a network of sales and service offices throughout Europe. An Australian field office in Sydney services the Asia/Pacific region. |
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