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EFI reports record revenue for fourth quarter and full year 2017
(06-02-2018)
Electronics For Imaging, Inc. (EFI) a world leader in customer-focused digital printing innovation, announced its results for the fourth quarter and year ended December 31, 2017. For the quarter ended December 31, 2017, the Company reported record fourth quarter revenue of $269.2 million, up 1% compared to fourth quarter 2016 revenue of $266.7 million. GAAP net loss was $25.4 million compared to GAAP net income of $19.9 million for the same period in 2016 or $(0.55) per diluted share compared to $0.42 per diluted share for the same period in 2016. Non-GAAP net income was $24.0 million, down 33% compared to non-GAAP net income of $35.7 million for the same period in 2016 or $0.52 per diluted share, down 31% compared to $0.75 per diluted share for the same period in 2016. Cash flow from operating activities was $8.9 million, down 86% compared to $65.2 million during the same period in 2016.
FUJIFILM Holdings and Xerox announce agreement to combine Fuji Xerox Joint Venture with Xerox
(05-02-2018)
FUJIFILM Holdings Corporation (“Fujifilm”) (TSE: 4901) and Xerox Corporation (“Xerox”) (NYSE: XRX) announced that they have entered into a definitive agreement to combine Xerox and their longstanding Fuji Xerox joint venture. The combined company will be a global leader in innovative print technologies and intelligent work solutions with annual revenues of $18 billion and leadership positions in key geographic regions.
Kodak adds Violet Ink and expands Proofer Connectivity to KODAK Proofing Software
(05-02-2018)
Kodak announced upgrades to the KODAK Proofing Software, making it easier for printers to spend less time planning and more time printing consistent color results. New with the upgrade, KODAK Proofing Software allows you to proof spot colors with stunning accuracy with new support for violet ink proofers from the EPSON SC-P7000 and SC-P9000 family. The new upgrade also meets print buyer expectations by achieving standard targets based on ISO 12647, GRACoL, and SWOP with Certified Proofing for Color Confirmation.
EFI Launches Fiery Textile Bundle to Deliver Superior Quality and Streamline Reggiani Textile Printing Workflows
(02-02-2018)
Businesses looking to grow with digital industrial textile production for apparel and décor can advance their operations with the new EFI Fiery Textile Bundle - a set of design and production workflow innovations from Electronics For Imaging, Inc. (Nasdaq:EFII). The bundle - used with EFI Reggiani digital inkjet printers - includes new Fiery DesignPro Adobe Illustrator and Photoshop plug-ins to create professional textile designs efficiently, and the newest Fiery proServer digital front end (DFE) for high quality textile production.
Photokeeps has launched its new web store thanks to Taopix
(01-02-2018)
Photokeeps Managing Director, Luc Miranda, and her husband have been involved in the manufacturing of photo books for photographers for close to 10 years but this is their first venture into the consumer market. Luc’s background as a marketing strategist for a global soft drinks manufacturer however has proved to be invaluable in her new role.
The Pentawards Gala Ceremony to be held at the Solomon R. Guggenheim Museum
(01-02-2018)
The Pentawards, the most prestigious worldwide competition exclusively devoted to packaging design, has announced that its hotly anticipated Gala Ceremony will be held at the Guggenheim Museum in New York on 6th September 2018. Returning to New York for the first time since 2011, The Pentawards Gala Ceremony will see winners pick up their awards at the iconic venue. Previous cities which have hosted the Gala include Monaco, Shanghai, Paris, Barcelona, Tokyo and London, highlighting the truly global reach of the competition.
MasterMail confirms trust in Xeikon technology by choosing to upgrade its Xeikon press
(31-01-2018)
MasterMail, an expert in direct mailing, is looking for a new digital press to meet the demands of its growing business. A Xeikon 9800 was chosen due to its stability, speed and capacity. MasterMail offers its clients a modular set of services in the creation and processing of direct mail. This includes copywriting, graphic design, personalisation, and production, always while taking into consideration the mailing needs of publications.
eurolaser presents textile cutting in large format
(30-01-2018)
The company eurolaser from Lüneburg (northern Germany) has revolutionised large-format textile processing with the laser cutting machine 3XL-3200. Blinds, curtains, shutters and gates require clean textile cuts in extremely large formats. Here, eurolaser is the only supplier in the upper quality segment that offers processing tables with a width and length of up to 3.20 metres.
Kornit Digital strengthens its position in the worlds largest textile printing market
(30-01-2018)
Kornit Digital a global market leader in digital textile printing technology, has announced that its installed base in China has exceeded 125 systems. Kornit’s customer base in China includes renowned brands such as JNBY, Lilianz, JoeOne and Seven Brand. Many Chinese Kornit users produce high-margin fashion pieces digitally, either for their own distribution or for leading brands around the globe, benefitting from the current trends affecting the textile supply chain: mass customization, direct-to-consumer sales models, drastically reduced delivery times, and a strong influence of social media on buying decisions. Typical products produced with the help of Kornit’s industrial-grade technology are jeans, pants, socks, stockings, footwear and functional sportswear.
ScanMould uses rotary die-cutting for inmould labels
(29-01-2018)
When asked about the benefits he has gained with the KBA Rapida RDC 106, ScanMould managing director Martin Fundal gives an amazingly simple answer: “It is by far the most effective die-cutter on the market.” ScanMould has operated a Rapida RDC 106 rotary die-cutter for the processing of inmould labels at its production centre in Jyllinge/Denmark since the middle of the year. Founded just two years ago, the company is one of the early adopters of rotary die-cutting on the basis of Rapida sheetfed offset technology.
Renewed growth in visitors and exhibitors in Heimtextil 2018
(29-01-2018)
Successful start to the new furnishing season: around 70,000 visitors from 135 countries experienced design innovations by 2,975 international exhibitors at Heimtextil from 9 to 12 January. Urban design in the context of architecture and the hotel industry became the top topic of the international trade fair for home and contract textiles.
Reinforcement of the sales team at Lscher Technologies AG
(26-01-2018)
With immediate effect, Stefan Thulin, new Sales Manager, is supporting the distribution team of Lüscher Technologies AG for the entire product range. As a first step, he has assumed sales responsibility for Scandinavia, the Russian Federation and Eastern Europe as well as for England, France, Portugal and Spain.
Apex customers draw attention in three Flexo Print Award Ceremonies
(26-01-2018)
During three recent reputable 2017 award ceremonies, numerous Apex International customers were nominated and 34 were declared award winners for their submissions printed with Apex anilox technology. EFTA Benelux, FlexoTech and FlexoStars recognized the finest in flexo printed paper and corrugated board.
UPM Raflatac expands offering for industrial chemical labeling
(24-01-2018)
UPM Raflatac is introducing its Synlite Xtra outdoor-resistant film face material to the European market. This material is suitable for industrial chemical labeling applications that require a high level of resistance to challenging outdoor conditions. Synlite Xtra is a lightweight and production-efficient PP-based matt film that offers good UV resistance.
Taipei-based K-Lin chooses Xeikon 9800s for first foray into digital book printing
(24-01-2018)
Xeikon announced that K-Lin, a leading Taipei book printer specializing in high quality culinary, travel and educational books, has chosen to install three Xeikon 9800 digital web-fed presses to support its first foray into digital printing. The company has also added a top-of-the-line inline Muller Martini book binding system which accepts direct roll feeding from the Xeikon presses. This combination makes it the most advanced printer of books in Taiwan.
Print Media Centr launches Podcasts from The Printerverse
(23-01-2018)
Print Media Centr (PMC), the provider of printspiration and resources for Print and Marketing professionals, expands its mission with the launch of Podcasts from The Printerverse (https://podcasts.printmediacentr.com), providing free access to print technology education and to share strategies for print business success. The Podcasts from The Printerverse channel hosts a growing library of PMC-produced content for anyone navigating their way through the warp speed of communication innovation. Podcasts feature conversations with industry leaders, application and technology experts, and printers and their customers.
New Tamper Evident Labeller from LSS at Pharmapack
(23-01-2018)
At Pharmapack, LSS Labelling Systems Scandinavia will launch a new Tamper Evident labelling machine for the pharmaceutical industry at the Novexx Solutions booth (Paris, 2018, February, 7 – 8, Hall 7.1, D60). The new Tamper Evident Labeller from Danish labelling expert LSS is in compliance with the European Falsified Medicines Directive (FMD) 2011/62/EU. Part of this directive is the requirement for tamper proof security of cartons. The Tamper Evident labeller from LSS seals the carton. As an option, a printer and vision system of any brand can be integrated to provide each carton with a unique identification for track & trace and serialisation.
Heimtextil with renewed growth in exhibitors
(22-01-2018)
As of today, textile interior design is the focus of international attention at Heimtextil in Frankfurt am Main. From 9 to 12 January 2018, representatives from industry, commerce, design, architecture and the hotel industry will gather at the world's leading trade fair for home and contract textiles.
Ovelar takes shrink sleeve production to the next level
(22-01-2018)
Ovelar has again broadened its shrink sleeve production through the addition of a new MPS combination press, its fourth investment from the Dutch press manufacturer for the growing labelling technology. Shrink sleeves has proven to be a lucrative segment for Ovelar, and the company continually invests in innovative shrink sleeve label decoration technologies and actively pursues new applications.
Ghent Workgroup Webinar Programme receives high attendance and exceptional interest from the industry
(22-01-2018)
The Ghent Workgroup (GWG) is delighted with the response to its 2017/2018 Webinar Program. A global audience of over 300 attended the first series of webinars during November and December 2017. This first series included a review of the results of the 2017 GWG PDF Survey. The next webinar in the series is due to take place on 16th January 2018 at 4pm CET.
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