Kodak Entering Inkjet Market
February
2007 Eastman Kodak Company provided details on its previously announced
annual strategy meeting with investors scheduled for February 8, 2007
in New York City, and its planned fourth quarter 2006 earnings
announcement.Kodak also indicated that it is making significant
progress in completing its study of strategic alternatives for its
Health Group, as well as final preparations for launch of its inkjet
initiative. The company expects to make public announcements on both
programs in early 2007.“Our intention to meaningfully participate in
the inkjet market and our decision to define a new strategic direction
for our Health Group are understandably of interest to our investors,
and I am mindful of our commitment to provide updates on both of these
initiatives by the end of this year,” said Antonio M. Perez, Kodak
Chairman and Chief Executive Officer.“We are pleased with our progress
to date and we fully expect to make definitive announcements on both of
these important business initiatives on or before February 8.“As we
proceed through the exploration of strategic alternatives for our
Health Group, the interests of our customers and employees are of
primary focus. As always, we will continue to meet the needs of our
customers in the same high-quality fashion that they have come to
expect from Kodak,” said Perez.