Eli Israeli hosting the President of Israel

The ExScite Eli Israeli who managed the revolutionary project Response 300 color imaging system, had his work cut out for him. In addition to managing the development Eli had to host heads of states! When you click on his picture, circa +/- 1978 , you will see Eli demonstrating the system to the President of The State Of Israel, the honorable Itzhak Navon (standing behind with glasses).
These days Eli is with HP/Indigo in Rehovot Israel.

The child behind Eli is Efi’s son.

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

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Nostalgia

Click on the image to see another great graphic interpretation of the Scitex Logo, illustrated by S. Succari during the glory days of Drupa in the early 80’s.


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

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Eldad_Weiss

The ExScite
Eldad Weiss
has stayed on as CEO of the Israeli company
Paradigm Geophysical, after the
friendly take over of the company by Fox Paine, a San Francisco investment
company.
In a sense Paradigm which began trading on the NASDAQ stock exchange in June
1998 went private. Paradigm and Fox Paine reached an agreement on May 22, 2002,
announcing that they had signed on a $102-million deal to acquire Paradigm.
Paradigm which was spun out of Scitex in 1988 is located in Herzliyah
Pituah, north of Tel Aviv. Eldad who had been application manager at Scitex in
the 80?s, is the founder of the company which has been based on Scitex 3-D
imaging technology.
Click here to
see an article about Eldad, which was published at The Jerusalem Report, on Feb
10, 2003.

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Additional downsizing at Creo

 

Brisque Pro Hammer

Reliable sources have told us that Creo is laying off additional Ex-Scitex people.
The Brisque group is Israel has been downsized, reflecting Creo’s focus on Prinergy as its main platform. (Since 1996 more than 8000 Brisque systems have been installed, accroding to Creo publiction).
In addition, the US R&D team in Massachusetts (about 8 people) has been canceled. The group has been working on MAC software  and peripheral interfaces.
We encourage our friends at the Brisque and the US R&D groups to register at www.ExScite.net and to take advantage of the networking resources available on the site.
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Nostalgia

Anyone remembers the days when the HP 1000 was the workhorse computer-platform of the Scitex Response System and the Pixet was the most modern digital imaging workstation in the world ?
Click on the picture to see the brains behind the hardware development in 1980. In the large picture from the front to the back: Michael Cohen, Yacov Lichter, Ita Portnoy, Albert Yafe and Ami Caspi of the Scitex Herzlia R&D team.



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

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Finally: Merger Agreement Signed- EFI to Acquire Printcafe

“We are excited to join forces with the Printcafe team to bring the most comprehensive procurement to production offerings to the printing industry,” said EFI CEO Guy Gecht. “Our global leadership in printing workflow and Printcafe’s dominance in print supply chain management will offer both printers and their customers powerful end-to-end solutions to maximize their efficiency and profitability.”


“Our combination with EFI will expand our markets by offering integrated management software solutions for both our print buyer and printer clients. This will also improve the depth of our printer solutions on the shop floor and in the back office. EFI’s global reputation in digital printing and their emphasis on open standards architecture will provide both our existing customers and new customers with accessible solutions to help them grow their businesses,” said Marc Olin, President and CEO of Printcafe.


The acquisition fits with EFI’s strategy of expanding its software product offerings for the professional printing market. With the convergence of traditional and digital printing, the combination of EFI’s imaging and workflow solutions with Printcafe’s enterprise management software will help to accelerate the adoption of digital printing management throughout the process from procurement to production.


The acquisition of Printcafe will result in a one-time charge to EFI in the quarter the transaction closes for certain acquisition-related expenses. EFI will provide further information during its earnings conference call in April.


The merger agreement provides each Printcafe stockholder with the right to elect whether to receive the merger consideration in cash or shares of EFI’s common stock. Following completion of the merger, EFI plans to buy back approximately the number of shares of its common stock issued in connection with the merger.


The merger agreement contains customary conditions to closing and may be terminated by each party under certain conditions, including in connection with a superior proposal for Printcafe. The transaction must be approved by Printcafe’s stockholders and is expected to close in the second calendar quarter of 2003.



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