EFI and Landa Form Strategic Alliance

Landa DFE Unveiled, Based Exclusively on EFI Fiery Digital Front End Technology


LAS VEGAS, Jan. 21, 2014 (GLOBE NEWSWIRE) -- EFI™ (Nasdaq:EFII) and Landa Corporation have entered into a partnership agreement for the development of a digital front end (DFE) as part of Landa's end-to-end Nanographic Printing™ solution. Landa's new DFE will employ high-performance, EFI-developed Fiery® technology. With this technology, the Landa DFE will offer unique, new functionality for sheetfed and webfed Landa Nanographic Printing™ Presses in the commercial, folding carton, point-of-sale, publishing, and flexible packaging markets.

The Landa DFE will stream jobs at full printing speed for 4-8 color printing with Landa Nanographic Printing Presses and will enable press operators to perform last-minute job changes on the press, to proof jobs and to print rush jobs on-the-fly. In addition, it will collect production feedback from the presses and support closed-loop color control and inspection. The Landa DFE will support all job dynamics including static, VDP (Variable Data Printing) and EPID (Every Page Is Different) printing.

The agreement brings together two pioneering businesses in the digital printing industry with the vision to fundamentally change how mainstream applications are produced. Offering a breakthrough for cost-effectively printing short-to-medium job lengths up to five times faster than existing digital printing presses, Landa's revolutionary presses create demanding technical challenges for processing job data. EFI, as the worldwide leader in color DFE and digital print workflow technology, is uniquely positioned to deliver such cutting edge technology to meet Landa's stringent color management, job workflow and integrated MIS demands.

EFI CEO Guy Gecht and Landa Chairman and CEO Benny Landa announced the partnership today to an audience of 1,000+ EFI customers during the opening session of Connect, EFI's annual users conference in Las Vegas.

"Benny Landa is a legend in our industry, and we are excited to work with his company as its exclusive DFE technology provider," said Gecht. "Landa Nanographic Printing Presses have potential to accelerate the migration of mainstream commercial printing and packaging to digital printing. The Landa DFE provides a proven, ultra-high-speed and well-integrated front-end platform that Landa customers will require."

"Our unique Nanographic Printing™ process enables us to offer offset-quality digital printing and a combination of format size and throughput speeds unprecedented in the graphic arts industry," said Benny Landa. "Reaching this remarkable and exciting goal requires partnering with best-in-class providers. That is the reason we chose Fiery technology and EFI as our development partner – to deliver the highest quality ultra-high-speed front-end platform to match the quality and performance of our Nanographic Printing presses."

End-to-end digital printing solution for mainstream applications

Landa selected EFI because of its technology leadership and expertise in high-speed digital systems and color and print management. Landa customers can use the new DFE to create an end-to-end solution that naturally fits into their printing operation, whether full offset, all-digital or hybrid offset/digital.

Landa Nanographic Printing Presses will be installed next to offset presses and use the same substrates. With the new DFE, Landa Nanographic Printing Presses will integrate into a printer's existing prepress, production, and business management workflow and finishing equipment. The Landa DFE will also ensure consistency, accuracy and compliance to leading color standards. It will enable high-speed, variable-data printing on any off-the-shelf B1 format (41 in. / 1,050 mm) substrate.

High-end processing with integrated workflow capabilities

As with current EFI Fiery platforms, the new DFE will integrate with EFI's industry-leading MIS/ERP systems, as well as with leading third-party prepress and workflow platforms, for streamlined job management and processing.

Fiery is the first and only DFE platform that carries a 100% perfect pass rating from industry organization VIGC's PDF RIP Audit. The Fiery DFE technology EFI is developing for Landa will use scalable, robust systems offering the processing power needed to drive large volumes of offset-quality digital images, including personalized/variable-data content.

The new Landa DFE will enter beta testing as part of the beta installations of the B1 (41 in. / 1,050 mm) format Landa S10 Nanographic Printing™ Press slated for Q4 of this year.

About Landa

Landa Digital Printing (www.landanano.com) is part of the Landa group. Its Nanographic Printing™ technology bridges the industry's "Profitability Gap" – cost-effectively producing short-to-medium runs. Landa Nanographic Printing™ Presses yield the lowest cost per digitally printed page in the industry and combine the versatility of digital with the qualities and speed of offset. Founded by Benny Landa, the Landa Group also includes Landa Labs, its innovation arm that explores nanotechnology for use in alternative energy, drug delivery and other fields; Landa Ventures, which invests in related technology firms; and the Landa Fund, which helps underprivileged youth pursue higher education. Benny Landa continues to add to his portfolio of over 800 patents worldwide, which provide the companies he founded with a solid intellectual property base.

For more information, visit us at www.landanano.com or follow us on Twitter at https://twitter.com/landanano and on Facebook at http://www.facebook.com/landanano.

About EFI

EFI™ (www.efi.com) is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. Based in Silicon Valley, with offices around the globe, the company's powerful integrated product portfolio includes digital front-end servers; superwide, wide-format, label and ceramic inkjet presses and inks; production workflow, web to print, and business automation software; and office, enterprise and mobile cloud solutions. These products allow users to produce, communicate and share information in an easy and effective way, and enable businesses to increase their profits, productivity, and efficiency.

For additional information about EFI, visit www.efi.com or contact 800-875-7117.

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© 2014 Landa Corporation Ltd. All rights reserved. Landa, Nanographic Printing, Landa Nanographic Printing, Nanography, Landa Nanography, NanoInk, Landa NanoInk and the related logos and slogans are trademarks of Landa Corporation Ltd. All other trademarks are the property of their respective owners. This information is subject to change without notice. This news release may contain forward-looking statements that involve risks, uncertainties and assumptions and such statements should be viewed with according caution. Landa Corporation Ltd shall under no circumstance be liable for technical or editorial omissions or errors.

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Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that could be deemed forward-looking statements include, but are not necessarily limited to, statements regarding expansion of our product portfolio, our future product offerings and any statements or assumptions underlying any of the foregoing.

Forward-looking statements are subject to certain risks and uncertainties that could cause our actual future results to differ materially, or cause a material adverse impact on our results. Potential risks and uncertainties include, but are not necessarily limited to, unforeseen expenses; the difficulty of aligning expense levels with revenue; management's ability to forecast revenues, expenses and earnings; any world-wide financial and economic difficulties and downturns; adverse tax-related matters such as tax audits, changes in our effective tax rate or new tax legislative proposals; the unpredictability of development schedules and commercialization of products by the leading printer manufacturers and declines or delays in demand for our related products; changes in the mix of products sold; the uncertainty of market acceptance of new product introductions; intense competition in each of our businesses, including competition from products developed by EFI's customers; challenge of managing asset levels, including inventory and variations in inventory levels; the uncertainty of continued success in technological advances; the challenges of obtaining timely, efficient and quality product manufacturing and supply of components; litigation involving intellectual property rights or other related matters; our ability to successfully integrate acquired businesses; the uncertainty regarding the amount and timing of future share repurchases by EFI and the origin of funds used for such repurchases; the market prices of EFI's common stock prior to, during and after the share repurchases; any disruptions in our operations, the difficulty to retain employees, and additional expenses that we may incur as a result of our relocation from the Foster City campus; the compliance with the new requirements regarding the "conflict minerals," if they are found to be used in our products, and any other risk factors that may be included from time to time in the Company's SEC reports.

The statements in this press release are made as of the date of this press release. EFI undertakes no obligation to update information contained in this press release. For further information regarding risks and uncertainties associated with EFI's businesses, please refer to the sections entitled "Risk Factors," "Factors That Could Adversely Affect Performance," and other similar sections in our SEC filings and reports, including, but not limited to, EFI's annual report on Form 10-K and its quarterly reports on Form 10-Q, copies of which may be obtained by contacting EFI's Investor Relations Department by phone at 650-357-3828 or by email at investor.relations@efi.com or EFI's Investor Relations website at http://www.efi.com.

NOTE TO EDITORS: The EFI logo and Fiery are registered trademarks of Electronics For Imaging, Inc. in the U.S. and/or certain other countries. EFI is a trademark of Electronics For Imaging, Inc. in the U.S. and/or certain other countries. All other terms and product names may be trademarks or registered trademarks of their respective owners, and are hereby acknowledged.

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This news release contains forward-looking statements, that are statements other than statements of historical fact including words such as "anticipate", "believe", "estimate", "expect", "consider", "plan" and similar, any statements related to strategies or objectives of management for future operations, products, development, performance, any statements of assumptions or underlying any of the foregoing and any statements in the future tense.  Forward-looking statements are subject to certain risks and uncertainties that could cause our actual or future results to differ materially.  For further information regarding risks and uncertainties associated with EFI's businesses, please refer to the risk factors section in the Company's SEC filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q. EFI undertakes no obligation to update information contained herein, including forward-looking statements.



            

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