By: Press Release
Press Release – For Immediate Release
Ridgefield Park, NJ – November 29, 2010 – Agfa Corporation and xpedx® today announced a joint decision to end their long-standing relationship on December 2, 2010, after xpedx terminated their dealer agreement. Effective on February 28, 2011, xpedx will end its distribution of Agfa-branded graphics products in the United States. Management from both companies have agreed on a transition plan and timetable to avoid disruptions of service or support to customers. This effort will ensure a continuous supply of Agfa products. Customers will be able to purchase Agfa products from other regional dealers and from Pitman, Agfa’s distribution company.
According to Peter Wilkens, President of Agfa Graphics, “The graphic communications industry is in transition, and we acknowledge that new strategic partnerships are the result of the evolving needs of the marketplace. Thanks to our long-standing business relationship, Agfa and xpedx have agreed to a transition plan that will not cause any concern for our joint customers.”
Earlier this year, on August 11, 2010, Agfa Graphics completed its acquisition of the Pitman Company, a leading distributor to the graphics communications industry. The goal of the Pitman Company acquisition was to allow Agfa to expand into new addressable markets. Concurrently, xpedx has also completed specific strategic alliances with its key manufacturing partners.
Agfa Graphics has also invested heavily in its Branchburg, NJ plate manufacturing facility to upgrade operations, and is working closely with its regional distribution partners. These strategic decisions ensure that the company is prepared and has the capacity and capability to meet demand. The recent addition of Pitman’s product portfolio and technical expertise also means that customers have a unique opportunity to work with a powerful partner for conventional prepress products as well as solutions for the key growth segments in print, such as inkjet, packaging and digital imaging.
Agfa’s Customer Care division and hotline (800-388-2432) are available in the event customers require additional information during the transition.
The Agfa-Gevaert Group is one of the world’s leading companies in imaging and information technology. Agfa develops, manufactures and markets analog and digital systems for the printing industry (Agfa Graphics), for the healthcare sector (Agfa HealthCare), and for specific industrial applications (Agfa Materials). Agfa is headquartered in Mortsel, Belgium. The company is present in 40 countries and has agents in another 100 countries around the globe. The Agfa-Gevaert Group achieved a turnover of 2,755 million Euros in 2009.
About Agfa Graphics
Agfa Graphics offers a full range of industrial inkjet production systems and integrated pre-print solutions for the printing industry. These solutions include consumables, hardware, software, and services for production workflow, design and color management. The Company’s CtP, CtF and digital proofing systems have positioned it as worldwide leader in the commercial printing and packaging industries as well as newspaper publishing markets.
Agfa Graphics is rapidly expanding its range of products and solutions in the growing digital inkjet market. Its experience in both image technology and emulsions has provided the knowledge necessary to make high-quality systems for UV-curable inks. Partnerships with industry leaders in development and manufacturing have expanded the scope of its technology and permitted the company to develop comprehensive digital solutions for printing posters, banners, signs, displays, labels and packaging materials.
Additional product and company information can be found on Agfa’s home page on the World Wide Web at: www.agfa.com.