FOSTER CITY, Calif., July 12, 2010 (GLOBE NEWSWIRE) -- Following the recent close of the Radius Solutions acquisition, EFI (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced it has already begun integrating the Radius packaging software into its leading portfolio of print management solutions.
EFI has rebranded the product name from PECAS Vision to EFI Radius to align with the naming structure of its other MIS offerings. EFI will continue with the current development structure and product roadmap. From a physical standpoint, EFI will maintain Radius offices in the U.S. and Europe.
EFI Radius software is also being added to the displays at upcoming company and industry events. The Radius Solutions North America Users Conference is taking place next week in Chicago (July 21-23), and features EFI President Fred Rosenzweig and Jetrion GM Dr. Kenneth Stack as speakers. Rosenzweig will address ways to build customer intimacy by developing a culture of customer-driven product development and service. Stack will speak about the increasing market demand for short run label printing, the benefits of Jetrion's solutions and the digital economics that make it affordable. Special pricing is available to PSI Flexo customers who would like to attend – for more information, please visit http://www.efi.com/RadiusUserGroup2010 or call 312-327-7168.
In the Fall, Radius will be showcased alongside the award-winning Jetrion label printers in the EFI booth at the Labelexpo Americas show (Chicago, Sept. 14-16) and among the full suite of EFI solutions at Graph Expo 2010 (Chicago, Oct. 3-6).
"All of these exciting changes mean that our customers and prospects now have access to the worldwide resources and expertise of EFI. In particular, they will have access to many more applications from EFI that will integrate to Radius products and help drive customer connectivity and profitability," said David Taylor, general manager of EFI Radius, formerly president and CEO of Radius Solutions. "At the same time, it's 'business as usual,' as I remain at the helm and the Radius product and support teams remain in place to serve our customers. We're thrilled to officially be a part of the EFI family."
"The Radius user base is excited about new possibilities with the increased resources and broad range of products that EFI brings to the table," said Dennis Linnevers, manager of application development at Multi-Color Corporation and also president of the Radius user committee.
Radius software is part of the Advanced Professional Print Software (APPS) business unit of EFI. The company intends to integrate a number of its products with EFI Radius, including Jetrion®, VUTEk®, Fiery®, Digital StoreFront®, PrintFlow® and Auto-Count®. The Radius acquisition further strengthens EFI's growing product portfolio of software tools, UV inkjet digital presses and inks, and MIS solutions for the packaging market, which is one of the largest printing markets in the world.
For more information, please visit www.efi.com or contact 800-875-7117.
About EFI
EFI (www.efi.com) is a world leader in customer-focused digital printing innovation. EFI's award-winning solutions, integrated from creation to print, deliver increased performance, cost savings and productivity. The company's robust product portfolio includes Fiery® digital print controllers and solutions; VUTEk® superwide digital inkjet printers, UV and solvent inks; Rastek™ UV wide-format inkjet printers; Jetrion® industrial inkjet printing systems; print production workflow and management information software; and corporate printing solutions.
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NOTE TO EDITORS: Electronics for Imaging, Fiery, Digital StoreFront, PrintFlow, Auto-Count, VUTEk and Jetrion are registered trademarks of Electronics for Imaging, Inc. in the U.S. and/or certain other countries. EFI and Rastek are trademarks of Electronics for Imaging, Inc. in the U.S. and/or certain other countries. All other terms and product names may be trademarks or registered trademarks of their respective owners and are hereby acknowledged.
Nothing herein should be construed as a warranty in addition to the express warranty statements provided with EFI products and services.
Safe Harbor for Forward-Looking Statements
Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that could be deemed forward-looking statements include statements regarding Radius offices, integration of Radius Solutions and its products, and any statements or assumptions underlying any of the foregoing.
Forward-looking statements are statements other than statements of historical fact including words such as "anticipate", "believe", "estimate", "expect", "consider", "plan," "intend" and similar, any statements related to strategies or objectives of management for future operations, products, development, performance, any statements of assumptions or underlying any of the foregoing and any statements in the future tense. Forward-looking statements are subject to certain risks and uncertainties that could cause our actual or future results to differ materially. For further information regarding risks and uncertainties associated with EFI's businesses, please refer to the risk factors section in the Company's SEC filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q.
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