KPG moves to strengthen its monitor proofing systems portfolio
Acquires RealTimeImage Inc.`s Graphic Arts Division
Kodak Polychrome Graphics (KPG) and RealTimeImage, Inc. (RTI),USA announced that they have signed a Letter of Intent for KPG to acquire RealTimeImage`s Graphic Arts Division. With completion of the acquisition, the suite of RealTimeProof products for web-based, high-resolution collaborative proofing and approval management will become part of KPG`s portfolio of proofing solutions.
``Bringing together the RealTimeProof suite of solutions and the Kodak Polychrome Graphics Matchprint Virtual Proofing System, makes KPG the leader in monitor proofing,`` said Jeff Jacobson, Chief Executive Officer, KPG. ``Customers will have access to the industry`s most complete range of monitor proofing options, from soft proofing systems to remote proofing applications to color critical virtual proofing solutions.`` Jacobson added that RealTimeProof`s core imaging technologies may also further enhance KPG`s color imaging expertise for current and future Graphics products.
As contemplated by the Letter of Intent, RealTimeImage`s Graphic Arts employees, including R&D, sales and technical support staff, will become a part of KPG. RTI and KPG will work closely together to ensure the transition is seamless for customers. Acquisition terms have not been disclosed.
KPG will acquire the five current RealTimeProof products: RealTimeProof ASP (Application Service Provider), RealTimeProof Express, RealTimeProof Private Label, RealTimeProof Partner, and RealTimeProof Classic.
``With completion of the acquisition, KPG will offer an even broader range of proofing solutions from the Kodak Approval Digital Halftone Proofing systems to Kodak Polychrome Graphics Matchprint Digital Halftone and Inkjet Proofing systems to a complete selection of KPG monitor proofing options,`` said Jacobson. ``Customers can choose leading products from analog to the latest digital offerings.``
Kodak Polychrome Graphics
No 9 2nd Floor Sakhi House
Corporate Park
Sion-Trombay Road
Chembur Mumbai 400 071
India
Tel: (91) 22 524 2098/598
Fax: (91) 22 524 2899
