CEPH will open low but will rebound back ,,IMHO
Keep the puts..
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Tuesday May 12, 9:28 am Eastern Time
Company Press Release
Imaging Technologies Corp. Expands Product Offerings in the Digital Photographic Market
New Dye-Sublimation Printer Targeted to the $4.5 Billion Digital Imaging and Digital Photography Market
Imaging Technologies Corp. (NASDAQ:ITEC - news) today announced expanded product offerings in the rapidly growing digital photographic market with the first shipments of its next generation digital color printers.
The ColorImage 3000 is a dye-sublimation color printer targeted for the mid- to high-end digital photography market. It features proprietary software, which includes color management applications developed exclusively by Imaging Technologies Corp. These new printers are currently in production and shipping from ITEC's Printer Systems Division.
''The ColorImage 3000 is a key component in ITEC's expanding market presence in the burgeoning digital photography arena,'' said Brian Bonar, chief executive officer of Imaging Technologies. ''ITEC already has a number of products for the digital camera market, including digital image storage media, related card readers, as well as digital cameras. This industry is growing dramatically and products like the ColorImage 3000 improve the quality of output, while reducing the time and cost of producing photographic color images.''
The ColorImage 3000 delivers digital photos with the look and feel of traditional glossy photographs. Precise control of thermal printing combines with a new high-density ink to produce vivid saturated colors, smooth gradations, and print-to-print color uniformity. The ColorImage 3000 utilizes an Adobe PhotoShop export module with Apple PowerMacintosh, as well as Microsoft Windows 95/98 operating systems. The printer combines enhanced image quality, image stability and permanence, with color-matching flexibility, enlarged print region, and cross-platform connectivity.
The ColorImage 3000 is ''ColorBlind Aware'' -- incorporating ITEC's award winning ColorBlind color management technology. The ColorBlind CMM (Color Management Method) integrated into the PhotoShop export module references ICC color profiles developed by ColorBlind to produce accurate color rendering from a wide range of image sources. Also included with the ColorImage 3000 is ColorBlind Edit Lite which allows users to edit ICC profiles to correct for color casts that may be present in various image sources. The viewer feature in Edit Lite enables users to preview output on screen before printing. ''ColorBlind Aware'' is rapidly being adopted as an industry standard for color accuracy, as other OEM peripheral manufacturers integrate ColorBlind's resources into new product designs.
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Note to Editors: ''New Dye-Sublimation Printer Targeted to the $4.5 Billion Digital Imaging and Digital Photography Market'' Source: IDC Projected Sales of Digital Cameras in Year 2001
About Imaging Technologies Corp.
Imaging Technologies Corp. (NASDAQ:ITEC - news) is a worldwide pioneer in the development, manufacturing, licensing and distribution of high-quality digital imaging solutions. Founded in 1982 with headquarters in San Diego, the company develops products for a diverse range of imaging technology market segments. Beginning with a core technology in the design and development of controllers for non-impact printers and multifunction peripherals, the company has expanded its product offerings to include monochrome and color printing systems, digital image storage devices and software to improve the accuracy of color reproduction. Organized around interrelated operating divisions, ITEC is evolving a family of technologically advanced imaging products.
The company's Printing Systems division manufactures advanced digital color and monochrome output products for the publishing, business office, as well as other niche applications. The firm's newest products incorporate advanced printer and imaging controller technologies to produce faster, high-quality image output at competitive prices. All of ITEC's color laser and dye-sublimation printers incorporate the Company's proprietary ColorBlind color management software.
This press release contains forward-looking statements regarding Imaging Technologies Corp. and its future sales-related activities. Actual results could differ materially from those described or implied in this press release as a result of a number of factors. These include, but are not limited to, the future growth of these markets, any adverse actions by the company's partners, competitive products, other economic factors affecting the company's markets, the degree of acceptance that new products achieve, and seasonal changes. Readers are referred to public documents filed by Imaging Technologies Corp. with the Securities and Exchange Commission which identify important risk factors that could cause actual results to differ from those contained in any forward-looking statements.
ColorImage and ColorBlind are registered trademarks of Imaging Technologies Corp. Windows is a registered trademark of Microsoft Corp. Apple and Macintosh are registered trademarks of Apple Computer Inc. All other tradenames and registered trademarks contained within this publication are the property of their respective owners.
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Contact:
Imaging Technologies Corp.
Bruce E. Ahern, 619/613-1300 x175
619/613-1311 (Fax)
bahern@imagetechcorp.com
imagetechcorp.com
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