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Southern Lithoplate, Inc. and Spectratech International,
Inc. North American Exclusive Graphic Arts Film Distribution Agreement with
Ferrania S.p.A.
Wake Forest, North Carolina, USA – June 14, 2000
Edward A. Casson, jr., Southern Lithoplate Chairman & CEO, announced
today the formation of a Strategic Alliance with Ferrania S.p.A. of Italy:
"This alliance empowers Southern Lithoplate with world-class, commercial
quality, image setting films and chemicals to bundle with our world-renowned
newspaper plates."
In his enthusiasm, Casson continued: "As the United States’
primary provider of printing plates to the single-width newspaper market
and considering our increasing share of the double-wide market, we have
a responsibility to our customers to build upon our High Quality Low Cost
Mission. This line of film guarantees our plate customers the best of
plates and film at superior pricing."
Casson continued to state that wholly owned subsidiary Spectratech International,
Inc. will also represent Ferrania S.p.A. graphic art films and chemicals
for the commercial print market through selected semi-exclusive commercial
plate dealers/distributors in the United States, Canada, Mexico and Central
America
About Southern Lithoplate, Inc.
Southern Lithoplate, www.slp.com, is
a privately-owned international manufacturer of Quality Offset Printing
Plates with 65 years of proven industry experience. Southern Lithoplate
provides environmentally safe printing plates, related chemistries, and
plate processors to satisfied newspaper customers world-wide. In 1999,
Raymond James Capital, St. Petersburg, Florida www.rjf.com/capmkt/mrchbnk.htm
partnered with Southern Lithoplate for continued growth and expansion
into the commercial market. Most recently Southern Lithoplate’s wholly
owned subsidiary, Spectratech International www.spectralitho.com,
purchased the former 3M/Imation commercial plate manufacturing plant and
assets in Middleway, West Virginia, USA. Spectatech International now
operates these facilities and manufactures analog and digital CTP plate
technologies for the commercial marketplace.
About Ferrania
Ferrania Imaging Technologies is an independent, Photographic and Imaging
Company with integrated R&D and manufacturing operations (Europe and
US). Formerly part of Imation Corp., Ferrania Imaging Technologies is
now an independent and privately-owned company whose major shareholder
is Schroder Ventures, one of the world’s leading international private
equity specialists, who is affiliated with the UK-based global investment
bank, Schroders plc. Ferrania S.p.A., the Italian legal entity, has played
a role in the development of Imaging Technologies and related businesses
since 1923. Currently it develops, manufactures – at its own Technological
Site located in Northern Italy – and distributes a full line of Imagesetting
film and related chemicals for the Graphic Arts Industry along with a
wide range of Photographic Films, Single Use Cameras, and Ink-Jet media
on a global basis.
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