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May 5, 1998
Joint Venture Between Kodak and Heidelberg Unveiled
NEW YORK, NEW YORK - The newest entrant in the non-impact,
digital color market was officially christened today. NexPress Solutions
LLC, a joint venture between Eastman Kodak Company and Heidelberger Druckmaschinen
AG (Heidelberg), introduced its corporate identity at the On Demand Digital
Printing & Publishing Conference. With headquarters in Rochester,
NY and Kiel, Germany, the formation of the joint venture has been granted
by US anti-trust authorities. Appointed as NexPress senior management
are Venkat
Purushotham, President, and Udo Draeger, Executive Vice President. The
goal of the company is to provide solutions to enable value delivery in
One-to-One Marketing. Products will include plateless, digital color printing
systems for new markets like personalized and customized printing, on-demand
printing, short run and fast turnaround color, and distribute-then-print
applications.
Excert from NexPress press release. Contact Tom Gribb at 716-253-0592.