CreoScitex Announces Affordable Solutions Geared at Making General Commercial Printers More Successful.Business Editors PRINT '01 CHICAGO--(BUSINESS WIRE)--Sept. 6, 2001 CreoScitex, a division of Creo Products 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) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :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 new solutions aimed at providing world-class world-class adj. 1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater. 2. 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. and imaging products --affordably -- to general commercial printers employing 10 to 20 people. CreoScitex also provides consumables and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. that give printers a reasonably priced route to CreoScitex quality and performance, and to the best support network in the industry. "At CreoScitex, our desire is to give all printers a fair chance of competing and winning, using the best possible tools that have been affordable only to our larger customers," said Amos Michelson, Chief Executive Officer, Creo Products Inc., parent company of CreoScitex. "Today we are launching new products, systems and services designed specifically for the broad-market commercial printer." New Computer-to-plate Opportunity The CreoScitex solutions for success include thermal 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 that offer a low-cost entry for printers who wish to introduce CTP to their business. An upgrade path ensures that investments made today retain their value into the future when the printers may choose to upgrade to systems with more automation and SQUAREspot(TM) thermal imaging heads for higher productivity and consistent quality through sharper imaging. New Easy Access to Leading Workflow Systems Prinergy(R) Entro and Brisque(TM) Entro workflow are new introductory models of the industry-leading workflow products. These systems provide "core" workflow solutions that allow users to select the modules they need and then add more extensive capabilities to the system as their business needs grow. These cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. solutions enable the entire range of commercial printers with 4-and 8-up CTP solutions to benefit from the productivity, ease of use and networking capabilities of the Prinergy and Brisque families of workflow products. New Affordable Consumables with CreoScitex Reliability CreoScitex has just completed agreements with several media manufacturers in order to supply CreoScitex customers with a complete offering of equipment, service, consumables and financial services. This benefits CreoScitex customers with an easy, affordable package that comes with the assurance of CreoScitex quality. "CreoScitex will lead and work with these consumables partners but will not abandon our position on supporting all media on our systems," says Larry Letteney, President, CreoScitex America. "We will continue to do business in ways that benefit the best interests of our customers." Experienced Service Partner Ensures Customer Success CreoScitex Customer Services and Solutions has installed and supports more than 2000 CTP systems worldwide. By leveraging this experience, the team helps customers derive maximum value from technology, employees, and processes. The new Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" Group will help printers manage change to the printing process, such as implementing FM and Pantone Hexachrome(R) printing. CreoScitex Quality for All "Many printers we meet with believe that CreoScitex products and services are only for very large companies. We are here to set the record straight," says Larry Letteney, President, CreoScitex America. "CreoScitex's launch of this most complete line of digital production solutions means one thing: if you are in the business of printing or 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. , CreoScitex can tailor A tailor is a person whose occupation is to sew menswear style jackets and the skirts or trousers that go with them. Although the term dates to the thirteenth century, tailor a digital solution that will make you far more profitable and competitive. CreoScitex is also expanding its sales team for greater service to the general commercial printer. CreoScitex Financial Services arranges affordable leasing terms for CreoScitex systems. This allows the broad commercial printer to face the daily challenges of business with the industry's best technology for reasonable monthly outlays Outlays Payments on obligations in the form of cash, checks, the issuance of bonds or notes, or the maturing of interest coupons. . See all the new CreoScitex solutions on display at Print '01, the largest industry event of the year, in Chicago from September 6-13. About CreoScitex CreoScitex 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. CreoScitex 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. CreoScitex is a division of Creo Products Inc., which trades on NASDAQ (CREO) and the TSE (CRE). (C)2001 Creo Products Inc. CreoScitex is a division of Creo Products Inc. The CreoScitex product names mentioned in this document are trademarks or service marks of Creo Products 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 and also in our Annual Information Form (40-F), both for the fiscal year ended September 30, 2000, 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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