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News Digest

Photobition Acquires Berry & Homer, ImageCraft

Philadelphia, PA—Photobition Group plc, Surrey, U.K., has acquired Berry & Homer Inc. The lab also has facilities in Washington, D.C. and Orlando, Fla. Berry & Homer, who was Photographic Processing's Photofinisher of the Year for 1999 and also celebrated its 100th anniversary in 1998, provides an array of digital and conventional photographic imaging services. Its clients include Hewlett Packard Co., The Walt Disney Co. and Lockheed Martin. In the year ended Sept. 30, 1999, Berry & Homer had operating profits of $253,262 on sales of $8,742,697. This represents an operating margin of 2.9 percent compared to the 18 percent consistently achieved by Photobition, the company said. Berry & Homer had net assets of $1,486,892 as of Sept. 30.

Photobition also acquired Image Craft Ltd., Phoenix, Ariz., for $4.2 million, AFX (UK) news service reported. Image Craft provides an array of digital and conventional photographic imaging. In the year ending March 1999, it had operating profits before tax of $229,553 on sales of $6.8 million. Image Craft had net assets of $731,805 as of March 31, 1999.

Agfa Offers Spring Savings on Film 4-Packs

Ridgefield Park, NJ—Agfa Consumer Imaging announced its Spring 2000 promotions on both Agfacolor HDC plus 200 35mm 4-packs (24+3 exposures) and its Futura 200 APS (25 exposures) films. The promotions, which will run through May 27th, will be available to Agfa film dealers across the country. Retailers will receive special prices on various quantities of 4-pack displays and on the carded APS film.

"This 'Spring is in the air!' promotion offers Agfa retailers outstanding prices on our most popular consumer 35mm and APS films," said Elaine Mosera, Agfa Product Manager—Film. "Great film at a great price will give our local retailers the flexibility to best promote picture taking to their customers at this photogenic time of year."

Retailers with qualifying orders will receive value prices for the 4-pack counter displays and substantial additional savings on Agfa Futura 200 (25 exposures) throughout the promotion. In addition, two other 'Spring is in the air!' sales promotion items will be available to Agfa retailers: a point-of-service kit including two posters, door stickers and a header card for counter displays, and a stylish floor display. "Retailers can order a variety of eye-catching point-of-purchase materials to help them convince customers that spring in the air means great photo opportunities are too," Mosera added.

Kodak and HP Announce Leadership and Headquarters of New Joint Venture

Rochester, NY and Palo Alto, CA— Eastman Kodak Company and Hewlett-Packard Company appointed Frederick R. Heigold and William (Bill) J. Lloyd as co-chief executive officers of the companies' new joint venture. Announced at PMA 2000, the joint venture will develop digital inkjet photofinishing equipment and supplies to offer retail customers a wide range of capabilities for both traditional photographic film and digital files.

The two executives played instrumental roles in the formation of the new joint venture and were selected as co-CEOs for their in-depth understanding of the new category and for their unique and complementary expertise. Heigold brings exceptional operational management skills; Lloyd brings a wealth of technical expertise.

"The appointment of Fred and Bill is the first step in building the organization that will develop industry-leading digital inkjet photofinishing equipment and supplies," said Robert Keegan, president, Consumer Imaging, and executive vice president, Eastman Kodak Company. "This is the right leadership team for this company. Their complementary knowledge and expertise will enable them to move quickly to build the business and deliver products to market."

Heigold and Lloyd will lead the joint venture from headquarters in San Diego, a site selected for its rapidly growing technology community and abundant resources.

"The joint-venture company will deliver a new breed of photofinishing equipment and supplies to the market, helping retailers grow their businesses and providing consumers with opportunities to do more with their pictures," said Heigold. "Having helped form the joint venture, I am gratified by and excited about being selected as co-CEO with Bill Lloyd."

"The digital inkjet photofinishing systems developed by the joint venture will offer retailers advantages such as smaller footprints, lower acquisition costs, reduced environmental impact and lower total operating costs," said Lloyd. "This will let more retailers offer on-site processing, which will expand revenue opportunities and give customers access to more services. I look forward to working with Fred to develop innovative solutions for the retail-photofinishing market." Heigold was most recently general manager, Output Products Business, Consumer Imaging, and vice president of Eastman Kodak Company, where he led the development and growth of digital-output products, such as kiosks and digital lab systems, along with the traditional photographic-paper business, for the worldwide retail market. Lloyd was most recently vice president and chief technology officer for HP's Digital Media Solutions and Personal Appliances and Services.

District Photo to Develop Internet Site with Telepix

Toronto, Canada Telepix Imaging Inc., a Gretag member company, and District Photo (www.Districtphoto.com), the largest mail order photofinisher in the world, today announced an Internet photo e-commerce and community site for District Photo's Clark-branded photo services.

District Photo will implement the entire Telepix photo e-commerce software solution, giving the company the capability to upload and download image data to and from the Internet; generate pictures on CDs;allow consumers to upload images to the Internet from digital cameras and scanners; print high-quality images and allow District Photo to efficiently fulfill prints for e-photo partners.

Realizing the future of e-business now, District Photo will offer customers a simple and compelling entry path to the world of digital imaging by delivering photos on the Internet and on CD. The District Photo decision is an endorsement of the winning solution offered by Telepix for the fast-growing photo e-commerce sector.

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PTN Dailes HERE