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Technology Stocks : Spectrum Signal Processing (SSPI) -- Ignore unavailable to you. Want to Upgrade?

To: dwight martin who wrote (2551)	5/27/1999 8:12:00 AM
From: nord	Respond to of 4400

Is this us kodak.com May, 1999 Announcing The New Kodak Digital Central Lab System The Building Block For Digital Labs Of The Future The new Kodak Digital Central Lab System (DCLS) for wholesale photofinishing laboratories is designed to provide the foundation of a truly digital lab of the future. It enables the high speed, mass production of high quality digitised images to meet the growing consumer demand for digital services. Kodak Processing retailers can now expand their customer base by offering new and exciting products with zero personal investment and provide their business with a vital competitive edge on the high street. March 1999 saw Kodak Consumer Imaging Services install this latest piece of equipment at its Rugeley laboratory making it the most digitally advanced finisher in the UK, and ideally positioned to process orders for new Kodak Picture CD services following its recent national launch. The new system builds on the capabilities of the Kodak CLAS Digital Film Scanner by converting the scanning resolution from base to 4-base for higher quality. Both 135 and Advanced Photo System films can be scanned at high speed for the production of a wide array of services including index prints, Kodak Picture Disks, Kodak Picture CD and uploads to Kodak PhotoNet* Online. "This is a remarkable piece of equipment and the installation at Rugeley reinforces our commitment to the future of digital imaging," said Bharat Shah, Kodak¹s Director and General Manager, Consumer Imaging. "Retailers will be able to provide their customers with appealing new options and services without increased personal investment and enjoy higher margins as a result. Consumers will find it easier to share their photos, get prints from digitised images and have more fun with their images in new ways. Such expansion and growth can only be good for the photographic category as a whole." Retailers interested in providing these new digital services via Kodak Processing should talk to their local Kodak representative or call Andy Williams on 01442 844113. Laboratories seeking further information on the new Digital Central Lab System should call Sara Lloyd on 01442 845387. Kodak is a trade mark *The PhotoNet trade mark is solely registered by PictureVision, Inc. For further editorial information, please contact: Clare Fleerackers Public Relations Manager Consumer Imaging Tel: 01442 844940 Fax: 01442 844680 Kodak Ltd Menu

To: dwight martin who wrote (2551)	5/27/1999 7:24:00 PM
From: dwight martin	Read Replies (1) \| Respond to of 4400

Partial of an EMail I got today from Karen Elliott "[I]t is clear from Kodak press releases that the Digital Minilab system has changed status recently. * * * [W]e have delivered the 50 Detroit systems outlined in the Spectrum press release to Kodak for their prototype builds during the design-in phase. The technology has been developed, the systems work well and Kodak was pleased with the company's product and service. Of course our primary goal with Kodak, as with all design-ins, is to turn them into a "design win". Based on Eastman Kodak's press release, the Digital Minilab system as originally conceived will not be going into production in mid 1999. This is the risk we run with any design-in. The question now is "will the imaging technology be used elsewhere?". We have ongoing discussions with the customer, but it is impossible to say right now what the outcome will be. They recognize we have done a good job for them, they liked our product and are working with us to investigate other avenues to production. I think it is important to point out that, while Kodak is an important customer to Spectrum, they are one of 41 design-ins we obtained last year. This gives us a number of other customers to buffer the financial effects of the deferred revenue from them. Perhaps you would be interested in other customers such as Siemens Medical that just negotiated an extension to their contract or Hewlett Packard that has increased their orders recently for the Leman's [sic] board. Of course we are also tracking progress against plans on other important fronts such as our recent strategic announcements with Analog Devices and Technology Partnerships Canada. So in summary, while we are never happy when customers defer production, Kodak does not present any kind of financial risk to the Company. We have many other such customers that buffer the risk to our shareholders and feel that a thorough analysis should take this into account when estimating the impact of Kodak's decision on Spectrum. We continue to successfully pursue our strategy for 1999 and are confident it will yield positive results for our shareholders. I hope that helps to answer your question.