EFI Acquires Cretaprint, Expands Inkjet Focus to Ceramic Tile Printing
EFI plans to strengthen Cretaprint’s operations in Spain, to further their expertise and innovation within the tile industry, and to grow their market presence. “As a pioneer in the digitization of the print industry, EFI is expanding into lucrative new markets. The ceramic tile industry can greatly benefit from our innovative portfolio of technologies,” said Ghilad Dziesietnik, Chief Technology Officer of EFI. “We look forward to sharing our success with Cretaprint’s 1,700-plus global customer network and expanding their talented employee base in Castellón.”
*Fourth Quarter 2011 Preliminary Results *
Separately, EFI provided preliminary results for the fourth quarter of 2011, ended December 31. For the fourth quarter the company expects record revenues of approximately $163 million compared to $145 million in the fourth quarter of 2010, marking EFI’s eighth consecutive quarter of double digit growth. The company noted that the results were driven by record revenue in both the Inkjet and APPS/MIS segments.
For more information, members of the press are invited to join a press briefing scheduled for Wednesday, 11 of January at 2:00PM Central European Time, 8:00AM Eastern Time. To join the meeting by phone:
Int’l Toll: 1-719-325-2630
US/CAN Toll free: 1-855-747-8824
Passcode: 580 894 5488
To also view the WebEx:
1. Go to https://efi.webex.com/efi/j.php?J=624305343&PW=NYmMyOTYyNTQ4
2. If requested, enter your name and email address.
3. If a password is required, enter the meeting password: /EFI/
4. Click "/Join/".
5. Follow the instructions that appear on your screen.
*About EFI *
The Electronics For Imaging, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7332