EFI CONTINUES STRATEGIC INKJET INVESTMENTS WITH …………

[Anonymous]

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20080626005231&newsLang=en
EFI Continues Strategic Inkjet Investments with Jettable Ltd.
New Investment Reaffirms EFI’s Continued Dedication into Growing Market Demand for Inkjet Solutions
FOSTER
CITY, Calif.–EFI the world leader in customer-focused digital printing
innovation, today announced that it has completed a strategic
investment in Jettable, an inkjet technology company specializing in
digital printing onto ceramic substrates. Based out of Netanya, Israel,
Jettable’s product portfolio will add to the ever-expanding suite of
inkjet solutions offered by EFI, including the VUTEk (superwide inkjet
for the display graphics market), and Jetrion (digital inkjet for the
labels and packaging market) products, as well as investments in Kornit
(textiles market) and Raster Printers (which compliments VUTEk by
specializing in the midrange wide format space.) Jettable, founded in
2003, offers a line of ceramic inks and unique ultra-fine ceramic
pigments with distinct benefits that create a sustainable competitive
advantage.

Building on the success of the VUTEk, inkjet
continues to be the strategic high-growth engine for EFI. This new
product offering reaffirms EFI’s commitment into inkjet printing
solutions, offering new market penetration for EFI’s customer base into
the architectural and design markets.EFI will provide equity capital
toward the development of the next generation high-speed, single pass
production inkjet printer for ceramic tiles. Jettable is currently
working with Kornit (another EFI investment) to offer a modified
platform for the specialty tile decoration market.The inherent
characteristics of ceramic composition inks create the need for a
specialized flatbed inkjet printer with color management tuned to the
distinctive ceramic colors in order to generate the widest and most
attractive color gamut. Jettable has designed a modified print engine
capable of high-quality printing onto numerous types of porous and
non-porous ceramic surfaces.

This breakthrough digital print
technology will replace current methods of printing such as screen and
roller printing with their high levels of waste inks and is designed
for both short-run and in-line production. The main advantages of the
Jettable ceramic decoration technology are variable run length and
non-contact printing with the ability to handle uneven surfaces. “The
introduction of digital printing enables new applications of color-rich
ceramic tiles while providing a reduction in waste. This continues to
support EFI’s green initiative while providing lessened set-up costs.
Our customer’s will benefit duo fold,” said Ghilad Dziesietnik, EFI’s
CTO.“We are pleased that EFI has identified our breakthrough technology
as a true asset to their best-in-class product offering. We are
delighted to join forces with EFI, our vision for industry-leading
digital inkjet technologies can now fully be realized,” said, Warren
Green, Director and Founder of Jettable.The investment into Jettable
and their breakthrough technologies displays EFI’s continued commitment
and dedication to the digital inkjet market and their mission to
provide customers with a logical migration path from analog to digital
throughout all market segments.

About Jettable Ltd.
Based in
Netanya, Israel, Jettable has developed a revolutionary technology to
enable digital printing of inorganic pigments onto ceramic surfaces.
The company was founded in 2003 and is now commercializing its
products. The Company’s mission is to provide inkjet solutions that
will significantly change the structure of the ceramic decoration
business. For more information visit http://www.jettable.com

About EFI
EFI
(www.efi.com) is the 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 color
print servers; VUTEk® superwide digital inkjet printers, UV and solvent
inks; Jetrion® industrial inkjet printing systems; print production
workflow and management information software; and corporate printing
solutions. EFI maintains 23 offices.

[Author]

June 26, 2008 at 12:44 PM