CreoScitex Forms Alliances with Media Manufacturers.Business Editors PRINT '01 CHICAGO--(BUSINESS WIRE)--Sept. 7, 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 ), is working closely with several media manufacturers to offer complete, bundled solutions that combine thermal plates, digital halftone In printing, the simulation of a continuous-tone image (shaded drawing, photograph) with dots. All printing processes, except for Cycolor, print dots. In photographically generated halftones, a camera shoots the image through a halftone screen, creating smaller dots for lighter areas and proofing media, and recording film together with CreoScitex systems and services. CreoScitex expects that customers will benefit from these easy, affordable packages. "These alliances allow CreoScitex to offer the customer a bundled package of media and equipment that will be competitive with similar offerings from other vendors, and will offer the superior quality and performance of CreoScitex equipment. By combining equipment and media in a single bundled package, we are making the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. process more efficient and economic for customers," explains Eyal Shpilberg, CreoScitex Corporate Vice President, Imaging and Media. "In keeping with our open philosophy, we will also continue to give customers the freedom to choose from any qualified media and will support customers in their use of that media." Close cooperation with different media vendors allows CreoScitex to qualify offset plates, flexo plates, films, imposition proofing materials, and digital halftone proofing materials. CreoScitex is committed to qualifying any new thermal media or enhancements that meet CreoScitex quality standards. By qualifying the media, CreoScitex ensures that the performance of thermal imaging devices is optimized. Thermal Plates Two vendors of outstanding quality thermal plates have agreed to bundle their products with CreoScitex 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 in 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. . Spectratech International Inc. (Spectratech) will supply its negative thermal Spectra S830-n plates. Western Lithotech, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Mitsubishi Chemical America, Inc., will supply their DiamondPlate LT2 positive thermal plates through their valued 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. dealer network. Both plates are fully qualified on CreoScitex platesetters. The plates will be fulfilled ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. and supported by the manufacturers. Film and Plate Processors CreoScitex has signed an agreement with Glunz & Jensen A/S for its advanced plate and film processors in order to provide CreoScitex customers with a complete solution. Glunz & Jensen has provided processing solutions for CreoScitex plate and imagesetters for many years. CreoScitex also continues to offer customers high quality film processors from Carnfeldt America for use with Dolev imagesetters. Thermal Halftone Proofing Media CreoScitex and DuPont have established a worldwide strategic alliance to promote and enhance thermal halftone proofing systems based on DuPont WaterProof(r) Thermal Halftone proofing media for CreoScitex CTP proofing systems. This relationship enables two industry-leading companies to offer a complete solution to customers, including both consumables and either a Proofsetter Spectrum(tm) digital halftone proofing device or a Spectrum digital halftone proofing option for CreoScitex CTP devices. Under the agreement, CreoScitex will bundle DuPont thermal halftone proofing media with its equipment. CreoScitex customers will continue to have their choice of using any other qualified thermal halftone proofing media for existing and new devices. Film and Chemistry CreoScitex will also provide first grade recording film under the CreoScitex brand with Dolev(tm) imagesetters in North America. CreoScitex Recording Film is a Hard Dot film, which provides maximum density, exceptional contrast and minimal dot loss for improved quality and stability. See CreoScitex in booth 5710 at Print '01, the largest graphic arts industry event held this year. 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 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. 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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