ExScite

This machine is subject to breakdown

This piece is the first “real text” the Scitex R&D generated with the Scitex Texta system on the Raystar flat-bed plotter, back in March 1986. The image has been provided by Gadi Shoshan, VP Sales and Marketing at Israeli company Coppernett.

Thanks to those members who have been sending us pictures and war stories– please send us some of yours too.
If any of you have people and product pictures, fabric samples and other nostalgia from those days, please send us.

Scitex Sells Creo Shares

Creo Inc. announced on June 5th 2003 that Scitex Corporation Ltd. sold 3 million common shares of Creo today through the facilities of the Toronto Stock Exchange (TSX) in an arranged sale to various financial institutions. Scitex continues to hold 3.25 million of the original 13.25 million Creo shares acquired in April 2000 in exchange for its digital preprint and print-on-demand assets.
In November 2001, Scitex divested 7.0 million shares. The remaining Scitex shareholding of 3.25 million common shares represents approximately 6.5 percent of the outstanding Creo shares.

Textile imaging system team- dinner 1972

This picture of a dinner party in Israel was sent to us by the ExScite Moshe Broudo. Back in 1972, Scitex was the global leading company in imaging for textiles.
In this picture the product team is celebrating the first shipment of the “Mark 2” color separation scanner for textile design.
In the picture from right to left: Shmil Amit and his wife, Yossi Tayeb and his wife, the late Jacob Stein and his wife, Arie Levin and his wife Dalya Mazor, Moshe Broudo, and Mrs. and Israel Pearl .

Thanks to those members who have been sending us pictures and war stories– please send us some of yours too.

If any of you have people and product pictures, fabric samples and other nostalgia from those days, please send us.

Nachum_Korman

The ExScite David Amir, CEO of NUR Macroprinters Ltd, announced that the company is consolidating its manufacturing in Israel, relocating the manufacturing elements from Texas to Rosh Ha?ayin, Israel ?thus increasing the prospects for improving our efficiencies and margins of the corporation.”
He also appointed the ExScite Nachum Korman, the former managing director of NUR Europe as President of Nur Macroprint America in Austin Texas.
Nachum joined the NUR Group in 1999 as President of NUR Middle East & Africa, and became Vice President of NUR Europe S.A. in July 2000 when the regional subsidiary companies were restructured. Previously, Nachum served as Operations Director and Sales Director for the Middle East and Africa at Scitex Corporation. Prior to this he held a Sales Logistics Management role at Scitex Europe S.A. following his earlier career at Elbit and Optrotech Belgium.

Fostering understanding of recent species’ extinctions

For all of you nature lovers, click here to learn more–really!!!

Creo- the Committee on Recently Extinct Organisms mission is to foster an improved understanding of species’ extinctions that have occurred in recent times.

Cloned Response system

This picture was taken at the final-assembly facility of Scitex in Herzlia in 1983. It was when Scitex was planning to be the giant of the prepress industry, and reinvented itself and its product line? that is literally invented?. The upper right section of this 1983 annual-report centerfold was created by an amazing new digital tool? CLONE BRUSH to give the awesome impression of a giant assembly line. It worked well, don’t you think?

Scitex Q1/03 results, revenues unchaged, much bigger loss

Scitex Corp. has published its Q1/ 2003 financial results:

The Main highlight:
·       Scitex holding in Creo are now only 12.7% (value:$197M) as Creo’s quarterly revenue continues to slide to $5.7M from $8.2M last quarter.
·       Scitex Corp total revenues for Q1 were $62 almost unchanged, while the loss has mushroomed from $1M to $6.75.
·       ScitexVision, after the integration with Aprion, is still a $23M operation, with quarterly losses $3.76M.
·       Scitex Digital Printing remained unchaged.

Click below to see the actual numbers.

SCITEX CORPORATION LTD- CONSOLIDATED STATEMENTS OF INCOME Q1/2003 results

(U.S. Dollars in thousands)

Quarter ended March 31

2003 2002*

(Unaudited (Unaudited)

Total revenues 62,625 60,699

Gross profit 26,073 23,295

Operating income (loss) (1,895) 1,371

Net loss ($6,752) ($1,017)

– – – – – – –

SDP Scitex Digital Printing, Inc.

Three months ended

March 31

2003 2002

Unaudited Unaudited

Total Revenues 39,575 39,535

Gross Profit 16,576 14,388

Operating Income 2,929 2,747

– – – – – – –

Scitex Vision Ltd. (combined with Aprion Digital Ltd.)

Three months ended

March 31

2003 2002*

Unaudited Unaudited

Total Revenues 23,050 21,164

Gross Profit 9,497 8,906

Operating (Loss) Income (3,764) (502)

* Actual results of Scitex Vision Ltd. Aprion is consolidated commencing

January 1, 2003.

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Scitex Corp. Holdings–Investments at March 31, 2003

Total Holding at

Investment March 31, 2003

Company

Creo Products Inc. 196,915 12.7%

Scitex Vision Ltd. 18,238 75.5%

Jemtex Ink Jet Ltd. 7,800 49.8%

Objet Geometries Ltd. 8,667 23.0%

RealTimeImage Ltd. 5,300 14.9%

InfoBit Ltd. 1,000 21.3%

XMPie Inc. 500 8.6%

Dor Capital Ventures 2,400

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Richard_Deroo

Rich Deroo is the director of Marketing and Strategic Alliances at Latran Technologies. Prior to joining Lantran (Polaroid Graphics), Rich was application specialist and market segment manager at Iris Graphics. Rich is very familiar with the neighborhood, as Lantran is located just were Iris used to be on Crosby Drive in Bedford, MA.
Latran Technologies, Formally Polaroid Graphics Imaging is focused on developing, manufacturing and marketing digital imaging solutions. Latran Technologies’ proofing systems integrate into the workflows of many graphics systems.

A secret mission behind the Iron Curtain….

A secret mission behind the Iron Curtain….
Korem (Ex-STCL, now with ScitexVision/Aprion) has sent us this picture, taken in the winter of 1982.
It was one of the first ELP and Super-Scanner Service mission in the Eastern Block, in what was once Czechoslovakia, in a village named Dvure Kralove ..
In the picture sitting on the left (the Ex Scitex Israel)- Dudu Shamir and sitting grinning in the middle – Aharon Korem. The others in the picture are the customer’s operators.

Yossi Faybish book

As you may have noticed, ExScite have been regularly publishing chapters from Yossi Faybish’s book about his long experience at Scitex. We have just posted Chapter 12 (292 pages) and more are still to come. Go ahead, take a look, click here to access the posted chapters. The artistic rendering of the picture, is Yossi’s own creation. These days, Yossi is product manager at HP/Indigo in Holland.