FOSTER CITY, Calif., Dec. 20, 2012 (GLOBE NEWSWIRE) -- A record achievement was announced by EFI™ (Nasdaq:EFII) today – that the company has sold more than one million liters of UV-curable ink during the first eleven months of 2012. This reflects the continuing increase in popularity for the company's wide-format and narrow web portfolios, with diversity in creativity, application opportunities and material capabilities resulting in more output being generated using the company's inkjet technologies.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16376
"Our company-record sales of one million liters of UV-curable ink in an eleven-month period confirms EFI's position as a leader in the inkjet arena with reliable, cost-effective and more environmentally-friendly inks for the digital marketplace," explains Scott Schinlever, senior vice president and general manager of inkjet solutions at EFI. "Reaching this milestone is yet another indication that EFI is producing high quality ink formulations, combined with wide format printing system technologies that meet the demand for greater profitability through producing shorter runs with superior print quality at production speeds. We've experienced 12 consecutive quarters of over 20% year-over-year UV ink volume growth, which indicates that customers utilizing our technology are experiencing business growth."
SCHAWK!, a global provider of integrated brand development and brand deployment services, has been identified as the customer that purchased EFI's one-millionth liter of ink this year. SCHAWK! was presented with an EFI recognition award on December 18, 2012. "We've been able to secure new business that we were unable to get before, thanks to the print quality and vibrant color of EFI VUTEk® printers and ink. When customers see our prints next to those of others, our output stands out. The opaque white ink and the three layer white capability presents a level of quality and adds capabilities we haven't seen with any other equipment. As a result, we are printing images we used to outsource on photographic equipment, " said Paul Vogelsang, director of operations at SCHAWK!.
As part of its end-to-end digital print product portfolio, EFI manufactures UV-curable inks, producing its own formulations, including LED-curable inks. Market trends have continued to drive the transition from analog to digital technologies, and these trends are reflected in the steady growth of digital ink sales throughout the company's product families with users benefiting from greater efficiencies and fast turnaround.
For more information about EFI inks, visit http://w3.efi.com/Vutek/Products/VUTEk-Inks.
About EFI
EFI™ (www.efi.com) is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. Based in Silicon Valley, with offices around the globe, the company's powerful integrated product portfolio includes digital front-end servers; superwide, wide-format, label and ceramic inkjet presses and inks; production workflow, web to print, and business automation software; and office, enterprise and mobile cloud solutions. These products allow users to produce, communicate and share information in an easy and effective way, and enable businesses to increase their profits, productivity, and efficiency.
The Electronics For Imaging, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=15847
Follow EFI Online:
Follow us on Twitter: @EFI_Print_Tech
Find us on Facebook: www.facebook.com/EFI.Digital.Print.Technology
View us on YouTube: www.youtube.com/EFIDigitalPrintTech
NOTE TO EDITORS: The EFI logo and VUTEk are registered trademarks of Electronics For Imaging, Inc. in the U.S. and/or certain other countries. EFI is a trademark 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.
This news release contains forward-looking statements, that are statements other than statements of historical fact including words such as "anticipate", "believe", "estimate", "expect", "consider", "plan" 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. EFI undertakes no obligation to update information contained herein, including forward-looking statements.
