New EFI Fiery Print Servers Bring Performance, Integration and Color to New Canon Digital Presses

9 Sep, 2015

---

NEW YORK -- September 9, 2015 -- EFI™ launched today a pair of Fiery® digital front ends (DFEs) for the new, high-speed Canon® imagePRESS® C10000VP and C8000VP digital color production presses, offering unique productivity and quality advantages of Fiery FS200 Pro technology – an advanced DFE platform available for graphic arts production printing applications.

The Canon imagePRESS Servers B5000 and B4000 maximize the imagePRESS C10000VP Series’ ability to efficiently produce superb-quality documents. The new DFEs are powered by proprietary EFI application specific integrated circuits (ASICs) with RIPChip™ technology enabling them to provide outstanding performance. As a result, users can grow their businesses with more-profitable, timely, top-quality work, including higher-value, fully personalized jobs printed on the press’s broad range of compatible substrates.

Building on a set of unique, CIP4-certified EFI Fiery JDF capabilities, users can seamlessly connect the servers with other JDF-based devices as well as establish fully automated, bi-directional communication and integration with EFI’s market-leading MIS/ERP and Web-to-print products. Users can also harness the power of Fiery API to rapidly develop custom apps and tools such as requesting job log data, controlling job actions, retrieving print statuses and much more for their unique business needs.

“Enhancing productivity and streamlining workflows are key requirements in managing a successful printing operation,” said Junichi Yoshitake, senior vice president and general manager, Business Imaging Solutions Group, Canon U.S.A., Inc. “The EFI Fiery FS200 Pro platform and the Canon imagePRESS C10000VP technology is a powerful solution for our customers to help manage a high-performance business with opportunity for increased profitability.”

Parallel RIPs for hyper-fast processing

The new imagePRESS Server B5000 unveiled today is the first imagePRESS server to support EFI Fiery HyperRIP, an advanced RIP technology that is receiving a 2015 Must See ’Ems Award at the Graph Expo 2015 tradeshow. Fiery HyperRIP uses four parallel processors to boost RIPing performance by processing a single job or multiple jobs up to 55 percent faster compared to RIPing time without HyperRIP. Plus, a new Rush RIP mode opens up a fifth RIP to process rush jobs when all four main parallel processors are busy.

The imagePRESS Server B5000 also features advanced prepress and make-ready tools from the Fiery Graphic Arts Package, Premium Edition, including automated color adjustment between similar jobs using custom color curves and a new WYSIWYG interface to edit control bars, offering users more control over placement and content.

New, integrated display for Fiery workflow and press controls

Both the imagePRESS Server B5000 and B4000 feature a new “unity display” external monitor that gives users the ability to switch between EFI Fiery Command WorkStation® workflow screens and the imagePRESS control panel. Operators gain convenient access to control the job queue and can easily select media, review job previews as well as make print engine quality adjustments.

Operators can also better plan and prioritize jobs by organizing and grouping jobs with similar characteristics in Command WorkStation’s job management interface. Plus, EFI’s Fiery Impose and Compose software are available for advanced document imposition, tab insertion, pagination, and assembly. Print service providers can also increase efficiency with the automation benefits of the browser-based Fiery JobFlow™ Base software.

“EFI designed the Fiery FS200 Pro platform to handle our partners’ fastest, high-image quality, color-intensive print engines, and we are very excited to have our award-winning technology drive these new flagship production devices in the Canon imagePRESS line,” said Toby Weiss, senior vice president and general manager, EFI Fiery. “Digital print providers benefit greatly from a longstanding EFI and Canon partnership that is delivering a world-class Fiery DFE and Canon imagePRESS integrated offering.”

Canon U.S.A. will publicly present the new servers for the first time this week at Canon Expo 2015, Sept. 10-11 at the Javits Convention Center in New York.

For more information about Fiery Driven™ production printing, visit www.efi.com or call 800-875-7117.

About Canon U.S.A., Inc.

Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean (excluding Mexico) markets. With approximately $31 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranked third overall in U.S. patents granted in 2014† and is one of Fortune Magazine's World’s Most Admired Companies in 2015. Canon U.S.A. is committed to the highest level of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. In 2014, the Canon Americas Headquarters secured LEED® Gold certification, a recognition for the design, construction, operations and maintenance of high-performance green buildings. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.

About EFI

EFI™ is a global technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging. We are passionate about fueling customer success with products that increase competitiveness and boost productivity. To do that, we develop breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalized documents, with a wide range of printers, inks, digital front ends, and a comprehensive business and production workflow suite that transforms and streamlines the entire production process. (www.efi.com)
 

EFI Reports Record Revenue of $198M for Q3, Up 11%

Fremont, California — October 21, 2014 — Electronics For Imaging, Inc. (Nasdaq: EFII), a world leader in customer-focused digital printing innovation, today announced its results for the third quarter of 2014.

EFI Reports Record Revenue of $198M for Q3, Up 11%

For the quarter ended September 30, 2014, the Company reported record revenue of $197.7 million, up 11% compared to third quarter 2013 revenue of $178.8 million. Non-GAAP operating income was $30.8 million compared to $22.8 million for the same period in 2013. Non-GAAP net income was $20.6 million or $0.43 per diluted share, compared to non-GAAP net income of $18.7 million or $0.39 per diluted share for the same period in 2013. GAAP operating income was $12.9 million compared to $13.9 million for the same period in 2013. GAAP net income was $4.8 million or $0.10 per diluted share, compared to $16.1 million or $0.33 per diluted share for the same period in 2013

Other interesting articles

• EFI Extends Innovative Technology Across its Portfolio to Create New Opportunities for Print Businesses
• EFI Self-Serve Print Integrated with CBORD Campus ID Card Systems
• World of Fiery: Take Document Layout to the Next Level

For the nine months ended September 30, 2014, the Company reported revenue of $579.3 million, up 9% year-over-year compared to $530.5 million for the same period in 2013. Non-GAAP operating income was $82.2 million compared to $68.6 million for the same period in 2013. Non-GAAP net income was $61.9 million or $1.28 per diluted share, compared to non-GAAP net income of $52.8 million or $1.09 per diluted share for the same period in 2013. GAAP operating income was $36.2 million compared to $35.2 million for the same period in 2013. GAAP net income was $21.8 million or $0.45 per diluted share, compared to $33.9 million or $0.70 per diluted share for the same period in 2013.
“In the third quarter the EFI team raised the bar on execution with revenues growing 11% to all-time record levels, increasing our confidence in achieving $1 billion in revenue by the end of 2016,” said Guy Gecht, CEO of EFI. “We remain sharply focused on that goal as we are helping more and more customers around the world become increasingly competitive and productive.”
EFI will discuss the Company’s financial results by conference call at 2:00 p.m. PDT today. Instructions for listening to the conference call over the Web are available on the investor relations portion of EFI’s website at www.efi.com.
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.
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 other than statements of historical fact including words such as “anticipate”, “believe”, “consider”, “continue”, “estimate”, “expect”, “look”, and “plan” and statements in the future tense are forward looking statements. The statements in this press release that could be deemed forward-looking statements include statements regarding EFI’s strategy, plans, expectations regarding its revenue growth, product portfolio, productivity, future opportunities for EFI and its customers, demand for products, and any statements or assumptions underlying any of the foregoing.
Forward-looking statements are subject to certain risks and uncertainties that could cause our actual future results to differ materially, or cause a material adverse impact on our results. Potential risks and uncertainties include, but are not necessarily limited to, unforeseen expenses; the difficulty of aligning expense levels with revenue; management’s ability to forecast revenues, expenses and earnings; any world-wide financial and economic difficulties and downturns; adverse tax-related matters such as tax audits, changes in our effective tax rate or new tax legislative proposals; the unpredictability of development schedules and commercialization of products by the leading printer manufacturers and declines or delays in demand for our related products; changes in the mix of products sold; the uncertainty of market acceptance of new product introductions; intense competition in each of our businesses, including competition from products developed by EFI’s customers; challenge of managing asset levels, including inventory and variations in inventory levels; the uncertainty of continued success in technological advances; the challenges of obtaining timely, efficient and quality product manufacturing and supply of components; litigation involving intellectual property rights or other related matters; our ability to successfully integrate acquired businesses; the uncertainty regarding the amount and timing of future share repurchases by EFI and the origin of funds used for such repurchases; the market prices of EFI’s common stock prior to, during and after the share repurchases; the compliance with the requirements regarding the “conflict minerals,” and any other risk factors that may be included from time to time in the Company’s SEC reports.
The statements in this press release are made as of the date of this press release. EFI undertakes no obligation to update information contained in this press release. For further information regarding risks and uncertainties associated with EFI’s businesses, please refer to the section entitled “Risk Factors” 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, copies of which may be obtained by contacting EFI’s Investor Relations Department by phone at 650-357-3828 or by email atinvestor.relations@efi.com or EFI’s Investor Relations website at www.efi.com.
Use of Non-GAAP Financial Information
To supplement our condensed consolidated financial results prepared under generally accepted accounting principles, or GAAP, we use non-GAAP measures of net income and earnings per diluted share that are GAAP net income and GAAP earnings per diluted share adjusted to exclude certain recurring and non-recurring costs, expenses and gains. A reconciliation of the adjustments to GAAP results for the three and nine months ended September 30, 2014 and 2013 is provided below. In addition, an explanation of how management uses non-GAAP financial information to evaluate its business, the substance behind management’s decision to use this non-GAAP financial information, the material limitations associated with the use of non-GAAP financial information, the manner in which management compensates for those limitations, and the substantive reasons management believes that this non-GAAP financial information provides useful information to investors is included under “About our Non-GAAP Net Income and Adjustments” after the tables below.
These non-GAAP measures are not in accordance with or an alternative to GAAP and may be materially different from other non-GAAP measures, including similarly titled non-GAAP measures, used by other companies. The presentation of this additional information should not be considered in isolation from, as a substitute for, or superior to, net income or earnings per diluted share prepared in accordance with GAAP. Non-GAAP financial measures have limitations in that they do not reflect certain items that may have a material impact upon our reported financial results. We expect to continue to incur expenses of a nature similar to the non-GAAP adjustments described above, and exclusion of these items from our non-GAAP net income and non-GAAP earnings per diluted share should not be construed as an inference that these costs are unusual, infrequent, or non-recurring.
For more information:
Jeremy Anderson
Sr. Director, Finance & Investor Relations
EFI

On September 10^th through 12^th Samsung’s Enterprise Business Division held its annual Print and Imaging National summit for Samsung dealers at the Hyatt Regency in Dallas, Texas. The conference was designed to educate attendees on Samsung’s strategy and vision for the future, introduce new lineups of products and technologies, and enlighten dealers on new marketing implementation/execution plans for pushing these new products. Approximately 300 people attended the event, including dealers, ISV partners, and analysts.
Attendees heard from several Samsung high executives during the opening welcome general session including President of Samsung Electronics America, Tim Baxter, Senior Vice President Sales and Marketing, Tod Pike, Vice President of Sales and Marketing for Printing Solutions, Matthew Smith (who joined the Samsung team in May 2014), and Senior Program Manager, Kasey Kim. Tim Baxter emphasized that Samsung is “relentlessly focused on bringing innovation to market.” Samsung has laid out audacious goals for its EBD printer business, and announced they are focusing on B2B growth, and B2B vertical orientation. They launched a new “Smartify” marketing campaign to achieve these goals.
The most exciting news of the event was the announcement of a future product- the MX7, a new family of A3 MFPs with speeds of up to 60 ppm, scan speeds at over 100 ipm, and larger duty cycles due to new drums that offer twice the rated print volume. The UI is most impressive, basically serving as a tablet hooked into the hardware. This device will be available sometime in 2015. With this announcement along with the recent release of several new MFPs to their portfolio, Samsung is certainly gaining more footage in the A3 area.

New Future Product- MultiXpress X7 Series with finisher

Along with the announcement of new hardware, Samsung revealed their vertical market strategies focusing on six major categories: transportation, education, retail, hospitality, finance, and healthcare, and partner solutions they are utilizing to target each. These details, along with more information regarding Samsung’s new Smartify campaign, dealer support, and company strategy/goals can be found in InfoTrends’ recently published analysis Samsung’s Printing Solutions National Dealer Summit 2014: Think Big.
- See more at: http://blog.infotrends.com/?p=16593#sthash.9lH9r1Vl.dpuf

On September 10^th through 12^th Samsung’s Enterprise Business Division held its annual Print and Imaging National summit for Samsung dealers at the Hyatt Regency in Dallas, Texas. The conference was designed to educate attendees on Samsung’s strategy and vision for the future, introduce new lineups of products and technologies, and enlighten dealers on new marketing implementation/execution plans for pushing these new products. Approximately 300 people attended the event, including dealers, ISV partners, and analysts.
Attendees heard from several Samsung high executives during the opening welcome general session including President of Samsung Electronics America, Tim Baxter, Senior Vice President Sales and Marketing, Tod Pike, Vice President of Sales and Marketing for Printing Solutions, Matthew Smith (who joined the Samsung team in May 2014), and Senior Program Manager, Kasey Kim. Tim Baxter emphasized that Samsung is “relentlessly focused on bringing innovation to market.” Samsung has laid out audacious goals for its EBD printer business, and announced they are focusing on B2B growth, and B2B vertical orientation. They launched a new “Smartify” marketing campaign to achieve these goals.
The most exciting news of the event was the announcement of a future product- the MX7, a new family of A3 MFPs with speeds of up to 60 ppm, scan speeds at over 100 ipm, and larger duty cycles due to new drums that offer twice the rated print volume. The UI is most impressive, basically serving as a tablet hooked into the hardware. This device will be available sometime in 2015. With this announcement along with the recent release of several new MFPs to their portfolio, Samsung is certainly gaining more footage in the A3 area.

New Future Product- MultiXpress X7 Series with finisher

Along with the announcement of new hardware, Samsung revealed their vertical market strategies focusing on six major categories: transportation, education, retail, hospitality, finance, and healthcare, and partner solutions they are utilizing to target each. These details, along with more information regarding Samsung’s new Smartify campaign, dealer support, and company strategy/goals can be found in InfoTrends’ recently published analysis Samsung’s Printing Solutions National Dealer Summit 2014: Think Big.
- See more at: http://blog.infotrends.com/?p=16593#sthash.9lH9r1Vl.dpuf

New EFI and Sharp Alliance Brings Fiery Digital Front End to Market for Sharp Pro Series

inShare

FOSTER CITY, Calif., Sept. 6, 2013 (GLOBE NEWSWIRE) – EFI™ (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced that it has established an agreement with Osaka, Japan-based Sharp Corp. to develop versatile, integrated Fiery digital front ends (DFEs) for high-quality production printing.
As a result of this new agreement, EFI will provide its Fiery® DFE with Sharp® Pro Series Digital Color Document Systems. These Fiery Driven™ production systems will make their worldwide debut September 8-12 in Chicago at North America’s largest printing trade show, Print 13, in the EFI booth, #2602.
The Sharp® MX-6500N and MX-7500N Pro Series products are the first in the industry to offer full control of EFI’s Fiery Command WorkStation® job management interface right from the print engine operation panel. Sharp’s unique, 15.4-inch, high-resolution touch screen display serves as the primary operation panel for the Pro Series, giving operators convenient access to the Command WorkStation interface.

“This integration combines Sharp’s unique feature set with EFI’s high-performance Fiery technology for a complete solution to fulfill the demands of today’s print professionals,” said Mike Marusic, senior vice president, Marketing and Business Solutions Group, Sharp Imaging and Information Company of America.
“We are excited about the alliance with Sharp in the development of innovative new products in the production space,” said John Henze, vice president, Fiery marketing, EFI. “We have worked closely with Sharp to create the ultimate integrated printing platform for on-demand print environments that need precision job management.”

Unmatched versatility with Fiery’s powerful, flexible foundation

Sharp’s flagship Pro Series consists of two models, the MX-6500N and the MX-7500N, offering the Fiery Server MX-PE10 running the latest Fiery FS100 Pro system software. Designed for busy in-plant and on-demand production environments, these new models’ Fiery servers provide a powerful and flexible platform for managing environments with distributed operations, demanding turnaround times and different operator skill levels. The printers – which offer edge-to-edge printing for professional, full-bleed work and an exclusive, triple air-feed paper handling option supporting a wide range of media – help businesses produce more jobs in-house and improve profitability.

This new EFI/Sharp integration lets operators easily manage and prepare jobs at the press and virtually eliminates the need for multiple workstations for job management. The operation panel integrates a tactile keyboard with a touchpad-pointing device for PC-like operation.

The display itself has the look and feel of a large tablet with flick, tap and swipe operation. With this touch-screen operation, users can drag and drop print jobs, select print attributes and perform other actions. The tactile keyboard and touchpad offer more precise control over advanced workflow tools such as Fiery Image Enhance Visual Editor, Fiery Impose or EFI’s new Fiery JobMaster PDF-based job-preparation software.

Fiery Ticker, accessed directly from the display, gives operators control to set alerts for other operators for unattended printing and allows them to see warnings about the engine, including alerts to load media, when away from the engine.

The Fiery Server MX-PE10 includes Adobe PDF Print Engine (APPE) support for PDF preferred printing environments. Plus, the DFE supports industry color, variable-data print and JDF standards and seamlessly integrates with EFI web-to-print and MIS solutions, third-party prepress solutions and other existing environments.

The new Sharp Pro Series MX-6500N and MX-7500N Digital Color Document Systems will be available from Sharp in September 2013.
For more information about EFI Fiery Driven products, visit www.efi.comor contact 800-875-7117.
About Sharp Electronics Corporation
Sharp Electronics Corporation is the U.S. subsidiary of Japan’s Sharp Corporation, a worldwide developer of one-of-a-kind home entertainment products, appliances, networked multifunctional office solutions, solar energy solutions, LED lighting and mobile communication and information tools.
About Sharp Imaging and Information Company of America
Sharp Imaging and Information Company of America, a division of Sharp Electronics Corporation, markets the advanced, color MX Pro Series document systems that help companies manage workflow efficiently and increase productivity. Sharp® document systems feature the Sharp OSA® development platform, which seamlessly integrates network applications to create a personalized MFP that can meet virtually any business need, and Scan2 technology, which scans two-sided documents in a single pass to enhance scanning reliability and preserve document integrity. To keep documents safe from unauthorized users, Sharp is a leader in the MFP industry in security by offering the most secure suite of MFP applications.
For more information about the complete line of Sharp workgroup document systems, contact Sharp Electronics Corporation, Sharp Plaza, Mahwah, N.J., 07495-1163. For online product information, visitwww.sharpusa.com/documents.


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.
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, Fiery and Command Workstation are registered trademarks of Electronics For Imaging, Inc. in the U.S. and/or certain other countries. EFI and Fiery Driven 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.
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.