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KODAK RESTRUCTURES KEPS SUBSIDIARY;

 ROCHESTER, N.Y., March 25 /PRNewswire/ -- Eastman Kodak Company (NYSE: EK) today announced a realignment of its KEPS subsidiary, located in Billerica, Mass., in a move to streamline its color and image management technology businesses. In addition, Kodak announced the resignation and retirement of three KEPS senior executives: Richard Close, president; Ralph Laundry, vice president of operations; and Jim McElhenney, vice president and general manager of the Professional Color Solutions group. The realignment has three parts:
 -- The Professional Color Solutions Group of KEPS and responsibility for maintaining and servicing current KEPS customers- including users of the Prophecy color publishing system and Kodak PCS100 imaging station-will cono? operate out of Billerica, Mass., under the leadership of John A. Florentine, vice president of integration, service and sales. Florentine will report to Katherine Hudson, Kodak's vice president and general manager of Printing and Publishing Imaging. The group will continue to serve Kodak's traditional printing and publishing systems market with workstation-based turnkey solutions, and will allow Kodak to expand its product portfolio for graphic arts professionals to include hardware, software and consumables.
 -- The Advanced Technology and Components Group of KEPS, which developed Precision imagesetter linearization software, will be combined with Kodak's new Desktop Imaging Division (formerly Kodak Printer Products), which markets the Kodak ColorSense color management software. During the initial stages of consolidation, prime contacts in Billerica, Mass. and Rochester, N.Y. will be maintained for current customer efforts.
 According to Richard Lorbach, general manager and vice president of Kodak Desktop Imaging Division, the charter of the new combined division is to extend Kodak's leadership in the color management and image enhancement market by offering customers a growth path of products spanning from entry-level desktop solutions to high-end service providers. "Under one business framework, these products will be available on multiple platforms and support multiple applications."
 -- Responsibility for KEPS software development and technology will be moved to Kodak's Electronic Imaging Platform Center, headed by general manager and vice president Don Strickland. Gary Langille, currently vice president of engineering at KEPS, will head up the technology development areas. "By pooling our software development framework under one technology resource environment, we will be able to reap significant operating efficiencies," said Strickland.
 OTHER SENIOR MANAGEMENT CHANGES
 Additionally, Kodak announced the resignation and retirement of three of its KEPS senior executives. Richard Close, a 25-year Kodak executive, has announced his resignation as KEPS president to pursue other business opportunities. He directed KEPS (formerly Eikonix) since its acquisition by Kodak in 1986. Ralph Laundry, vice president of operations at KEPS, also announced his resignation today. During his 10-year career with the company, Laundry held numerous senior management positions, including director of engineering services and market operations. Jim McElhenney, vice president and general manager of the Professional Color Solutions Group, announced his retirement from KEPS after 28 years with the company.
 -0- 3/25/93
 /CONTACT: Carol S. Fricke, Eastman Kodak Company, 716-253-0053/
 (EK)


CO: Eastman Kodak Company; KEPS ST: New York IN: SU: RCN

BM -- CL011 -- 9722 03/25/93 15:44 EST
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Publication:PR Newswire
Date:Mar 25, 1993
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