Printing Industries of America (PIA) announced the election of its 2012 Officers and Board of Directors. The installation ceremony took place on Nov. 13 at Printing Industries' Fall Administrative Meetings held in Miami Beach, Fla.
Eastman Kodak Co.
INTERQUEST, a leading market and technology research and consulting firm in digital printing and publishing announced the 26th Public Printer of the United States, William J. "Bill" Boarman will keynote its sixth annual Digital Printing in Government and Higher Education Forum.
Eastman Kodak Company reported steady progress toward becoming a profitable and sustainable digital company as third-quarter digital earnings improved, excluding non-recurring patent licensing revenue in the prior-year period, and sales increased in its core digital growth businesses. Total company revenue declined largely because of lower sales of traditional products, a planned reduction in digital camera sales, and the absence, compared to the year-ago period, of significant non-recurring patent licensing revenue.
Cincinatti-based Collins Ink Corporation has terminated the supply agreement with Kodak (formerly Scitex) that has been in place for the past 10 years. Effective immediately, customers with high-speed Kodak Versamark printers can purchase their fluids directly from Collins Ink at recently announced prices. Collins will continue to offer inks for all models of Kodak Versamark CIJ inkjet printers and continue to offer a range of both standard and custom inks.
Eastman Kodak Company, in response to rumors circulating in the capital markets, issued the following statement:
Moody's Investors Service lowered all ratings of Eastman Kodak Company, including: the corporate family and probability of default to Caa2 from Caa1, the senior unsecured to Caa3 from Caa2, the senior secured to B3 from B1 and the Speculative Grade Liquidity rating to SGL-3 frm SGL-2. The outlook remains negative.
Dover, New Hampshire-based Relyco, a leading provider of value-added business printing and payment solutions, announced that its REVLAR 7.7 mil waterproof paper has been certified by the Rochester Institute of Technology (RIT) Printing Applications Laboratory as a qualified substrate for use on Kodak NexPress Digital Production Color Presses. Relyco is showing the REVLAR products at this week's GRAPH EXPO in Chicago.
Eastman Kodak Company's Board of Directors has adopted a Net Operating Loss (NOL) Shareholder Rights Agreement designed to preserve its substantial tax assets.
Reportlinker.com has added a global web-to-print research report to its catalog.
Rochester, New York-based Kodak's Security Solutions Group will attend the IQPC Anti-Counterfeiting for Pharma & Medical Devices seminar at The Chemical Heritage Foundation Conference Center in Philadelphia, May 31 through June 2. Kodak's participation includes a technology demonstration of its brand protection capabilities for pharmaceutical labeling, packaging and medical devices. Conference attendees include pharmaceutical and medical device manufacturers, law enforcement officials, government agencies and industry organizations.