Creo Announces First 22 Million Pixel Camera Back with Portable Power and Large Format Solution: Leaf Valeo 22.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--June 9, 2003 Creo Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CREO) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : CRE CRE Commercial Real Estate CRE Corporate Real Estate CRE Commission for Racial Equality (Scotland) CRE CCD (Charge Coupled Device) and Readout Electronics CRE Camp Response Element ) announces the Leaf(TM) Valeo 22 digital camera back for in studio and portable shooting. It utilizes a newly developed 22 megapixel CCD CCD in full charge-coupled device Semiconductor device in which the individual semiconductor components are connected so that the electrical charge at the output of one device provides the input to the next device. that is designed for medium and large format photography. In studio, the Leaf Valeo 22 camera back features live video view and electronic shutter control. On location, the Leaf Valeo 22 offers one of the fastest capture rates in the industry and a burst rate of eight frames. A detachable 6 x 7 cm display and removable Digital Magazine provides Leaf Portable Power. Demonstration units are available from July 2003 and commercial shipments begin September 1, 2003. New Technologies The Leaf Valeo 22 camera back contains a mega-sized sensor. The 4,056 x 5,356 resolution in a sensor size of 48 x 36 mm provides exactness and diminishes moire Pronounced "mor-ray" and spelled "moiré." In computer graphics, a visible distortion. It results from a variety of conditions; for example, when scanning halftones at a resolution not consistent with the eventual printed resolution or when superimposing curved patterns on one issues. Raw data files reach 126 MB in 16 bit. Advanced imaging technologies include the 16 bit Leaf High Dynamic Range (HDR (1) (High Data Rate) A wireless data technology from QUALCOMM that provides up to a 2.4 Mbps data rate in a standard 1.25MHz CDMA voice channel. HDR can be used to enhance data capabilities in existing cdmaOne networks or in stand-alone data networks. ) raw data format; Leaf double-sensor-readout (DSR (1) (Data Set Ready) An RS-232 signal sent from the modem to the computer or terminal indicating that it is able to accept data. Contrast with DTR. (2) (Dynamic Source R ) technology, and the 512 MB internal memory buffer for eight fast continuous frames. Other features include: -- Full lens coverage: The CCD imaging area fits the 6 x 4.5 lens-coverage. Focal length Focal length A measure of the collecting or diverging power of a lens or an optical system. Focal length, usually designated f ′ needs minimal conversion, thus lens perspective usage is the same as with film. The 3:4 classic photographic ratio is efficient and minimizes cropping. -- Fast frame rate: The fast capture speed is achieved with a unique DSR technology that doubles the capture rate without sacrificing image quality. In Studio - Large Format Power The Leaf Valeo 22 camera back features a complete digital solution for the studio photographer. An optional large format solution includes live video view, and electronic control of shutter speed In a still camera, the length of time that the shutter is open, exposing the film (analog) or CCD or CMOS sensor (digital) to light for a single image. In a camcorder, the shutter speed is the frame speed; for example, 24, 30 or 60 frames per second (fps). See exposure and shutter lag. and aperture. This allows the photographer to compose, focus and adjust lighting by viewing the large computer monitor. The shutter speed, aperture steps in 1/10 f-stop intervals, and electronic control allow the Leaf Valeo 22 to capture accurate and consistent images. On-location - Portable Power with 22 Million Pixels The entire Leaf Valeo camera back family integrates optional Portable Power, a unique approach for portable professional digital photography with innovative solutions for image storage and display. The Leaf Valeo camera back works with a removable 5 GB or 10 GB Leaf Digital Magazine for storing hundreds of uncompressed 16 bit images. The Leaf DP-67 is a detachable 6 x 7 cm image display and control unit based on the HP iPAQ pocket PC. It acts as both a "digital proof" and a "personal photographic assistant". The Leaf Valeo 22 fits into the established Leaf workflow consisting of the Leaf(TM) Capture V8 and Leaf(TM) oXYgen image and editing applications, which cover all needs from capture to RGB/CMYK print. Leaf Valeo Availability and Upgrade Options Two upgrade options are being offered to assist photographers who want to work digitally today and be among the first in the world to use the new Leaf Valeo 22 camera back. Option 1: Purchase a Leaf Valeo 11 now and be among the first to receive the Leaf Valeo 22. The cost of the Leaf Valeo 22 is only the difference in the price of the trade-in. Option 2: Upgrade to the new Leaf Valeo 22 by receiving trade-in value for any existing camera back. Offer valid until September 30, 2003. For more details about the upgrade options, contact Leaf by visiting www.creo.com/leaf. Creo Leaf: A History of Innovation Leaf introduced the world's first digital camera back, the Leaf DCB DCB Dichlorobenzene DCB David Crowder Band DCB Dictionary of Canadian Biography DCB Device Control Block DCB Double Cantilever Beam DCB Disk Coprocessor Board DCB Dependent Care Benefits DCB Data Control Block DCB Direct Copper Bonding , in 1992. Leaf continues this tradition with the Leaf Valeo portable and in-studio digital camera backs. Other Leaf products include the Leaf(TM) Volare Volare is the Latin and Italian word for the verb to fly; adding an acute accent on the final e (volaré) it is also the Spanish word for I will fly. , Leaf(TM) Cantare XY camera backs, and the Leaf(TM) Capture V8 and Leaf(TM) oXYgen image editing applications. For more information about Leaf, visit www.creo.com/leaf. About Creo Creo is a world leader in solutions for the graphic arts industry. Core product lines include image capture systems; inkjet proofers; thermal imaging devices for films, plates and proofs; professional color and copydot scanning systems; and workflow management software. Creo is also an Original Equipment Manufacture supplier of on-press imaging technology, components for digital presses, and color servers for high-speed, print-on-demand digital printers. Creo trades under the symbols CREO on NASDAQ and CRE on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. . (C) 2003 Creo Inc. The Creo product names mentioned in this document are trademarks or service marks of Creo Inc. and may be registered in certain jurisdictions. Other company and brand, product and service names are for identification purposes only and may be trademarks or registered trademarks of their respective holders. Data is subject to change without notice. This release contains forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are described under the caption "Information Regarding Forward-looking Statements" and elsewhere in our Annual Report for the fiscal year ended September 30, 2002, as filed with the U.S. Securities and Exchange Commission and which are incorporated herein by reference. We do not assume any obligation to update the forward-looking information contained in this press release. |
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