Creo Named `Company of the Year'.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--June 20, 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 ) is honored to have been selected as 'Company of the Year' by the BC Technology Industries Association. The award is presented each year to a high tech company that demonstrates superior business development, leadership and vision. "We're very pleased with the recognition from the technology industry for our great company," said Judi Hess, Creo president. "The Creo team is devoted to providing our customers with exemplary attention every day." Creo is an advanced manufacturing company that produces imaging and software technology for the prepress segment of the printing industry. Creo is also active in digital printing and the creative desktop market, and also applies patented technology to other industries. Creo has nearly 700 patents (issued and pending). Founded 20 years ago by Dan Gelbart and Ken Spencer, today Creo employs more than 4,000 people, about 1,200 in the Vancouver area, where many of its 300 products are manufactured. Creo reported revenue of US$539.9 million in 2002. Creo maintains a distinct working culture where strong values and solid management philosophies support the goal of providing innovative solutions to help make its 25,000 customers successful. Creo supports the community by matching employee donations to registered charities, and by providing scholarships and grants for innovative research projects. Creo has been honored as one of the 50 best ethical stocks for Canadians, one of Canada's top employers, and for outstanding achievement in export excellence, technology innovation, business excellence and entrepreneurship. Previous BCTIA BCTIA British Columbia Technology Industries Association Company of the Year award winners include Crystal Decisions, MacDonald Dettwiler MacDonald, Dettwiler and Associates Ltd. (TSX: MDA) is a Richmond based, Canadian information services and products company, employing over 3000 people throughout Canada, the United States and the United Kingdom, under the MDA brand name. & Associates, and Pivotal Corporation. Photos available About Creo Creo is a world leader in solutions for 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. 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. . www.creo.com. (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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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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