Global Graphics : trading update for the quarter and the nine months ended 30 September 2015

GLOBAL GRAPHICS SE (Euronext: GLOG), a developer of software platforms for digital printing, digital document and PDF applications, provides a trading update for the third quarter and first nine months of the financial year ending 31 December 2015.

Operational highlights for the quarter ended 30 September 2015

·        Ricoh Europe have licensed the Group’s gDoc technology to enable Ricoh to develop digital document solutions that support flexible, mobile access to information.  During the quarter, Ricoh Europe launched Ricoh eBinder across the EMEA region via its 23 operating companies and their resellers. In addition to the standard Ricoh eBinder application, Ricoh will deliver customised versions to meet the requirements of large enterprises and selected vertical markets.

·        On 15 September 2015, the Company announced that it had acquired the entire issued share capital of URW++ Design & Development GmbH ("URW"), a font manufacturer located in Hamburg, Germany.  Part of the consideration was settled in cash and part was settled with Company shares.  A total of 925,926 new ordinary shares were created, increasing the number of issued shares from 10,289,781 to 11,215,707, resulting in a dilution of 8.26%.

·        The Group has been working with a number of inkjet press manufacturers that have been suffering with quality issues to develop entirely new half-tone screening technology for high-speed presses that can vary the amount of ink delivered in any one location on the media.  Significant improvements in output quality have already been achieved and further progress is expected over the coming months.  Martin Bailey, Global Graphics’ CTO, presented a session on this subject, titled "Colour management is not enough: achieving maximum inkjet quality with screening” at The Inkjet Conference on 7th October 2015.

More information about all of the above can be found in the news section of the Company’s website at http://www.globalgraphics.com/news/

Financial highlights for the quarter and nine months ended 30 September 2015

The following information is unaudited.

For the quarter ended 30 September 2015

·        Revenue for the quarter was €2.98 million (2014: €3.28 million).

·        The Company’s measure of adjusted operating profit or loss for the quarter was a profit of €0.10 million (2014: €0.98 million profit).

For the nine months ended 30 September 2015

·        Revenue for the period was €11.37 million (2014: €8.62 million).

·        The Company’s measure of adjusted operating profit or loss for the period was a profit of €3.08 million (2014: €1.98 million profit).

Non-recurring other expenses
During the quarter the Group expensed an amount of €0.15 million in relation to the expenses involved with the acquisition of URW.  No additional amount is expected to be incurred in relation to this matter.  The amount is not included in the aforementioned measure of adjusted operating profit for the quarter or nine months ended 30 September 2015.  It will be included in the unadjusted reported operating result for the current financial year in the Company’s year-end consolidated financial statements.

Cash
Cash at 30 September 2015 was €2.52 million (2014: €1.61 million).  The Group continues to have no outstanding debt, therefore, no interest payments or capital repayments out of cash flow are required.

Effect of URW
URW is included in the Group’s financial reporting with effect from 15 September 2015.  During the quarter, URW contributed revenue of €48,368 and an operating profit of €8,164 to the Group’s results.  The operating profit excludes any acquisition related expenses and amortisation that may arise from the acquisition accounting.

The net effect on cash during the period as a result of the acquisition was a reduction of €1.16 million.  The net outflow was made up of €2.00 million paid out for consideration, offset by €0.84 million of cash balances acquired.

Segment sales analysis

The following table provides information about revenue for the Group’s operating segments for the quarter and nine months ended 30 September 2015, with URW font sales being reported as a separate operating segment.

Quarter ended 30 September
Nine months ended 30 September
€ 000s
2015
2014
2015
2014
Print
2,465
1,991
9,581
6,885
eDoc
466
1,292
1,738
1,735
Fonts
48
48
Total revenue
2,979
3,283
11,367
8,620

On 4 March 2014, the Company announced that it had signed a contract to license its Harlequin technology to a global manufacturer of office printing devices to drive their single function, multi-function and production printers.  During the quarter, €0.12 million (2014: €0.25 million) was recognised as revenue from this new contract, making a total of €3.59 million that has been recognised as revenue during the nine months ended 30 September 2015 (2014: €2.61 million).

Strategic market sales analysis

The following table shows the revenue attributable to each of the strategic markets for the quarter and nine months ended 30 September 2015.

Quarter ended 30 September
Nine months ended 30 September
€ 000s
2015
2014
2015
2014
High-speed
729
713
1,838
1,484
In-house
89
74
120
88
Office
764
1,593
5,578
4,466
Traditional
1,349
903
3,783
2,582
Fonts
48
48
Total revenue
2,979
3,283
11,367
8,620

Editors notes

About Global Graphics
Global Graphics (Euronext: GLOG) http://www.globalgraphics.com is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based near here. There are also offices near Boston, Massachusetts and in Tokyo.

Contact

Jill Taylor/Global Graphics
+44 1223 926489
Jill.Taylor@globalgraphics.com

Graeme Huttley/ Global Graphics
+44 1223 926472

Global Graphics SE reports a change in major shareholdings

Global Graphics SE (Euronext: GLOG) discloses notification of a change in major shareholdings in the Company’s shares.

NOTIFICATION OF CHANGE IN MAJOR SHAREHOLDING

On 8 October 2015, the Company received notification from Parana Management Corp BVBA that, as a result of the Company’s capital increase on Friday 25 September 2015, they had on an aggregate basis crossed below the threshold of 8.00%, to 7.537% of voting rights in the Company’s shares.

The content of the notification received is shown below.

Name of the shareholder:
Parana Management Corp BVBA
Contact name:
Guido Van der Schueren
Contact telephone number:
+32 475 84 47 78
Reason for notification:
Increase in the issuer’s share capital
Date threshold crossed:
25 September 2015
Date of notification:
8 October 2015
Threshold crossed/reached:
8%

Voting rights:

Voting rights attached to shares
Class/type of
shares


Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of  voting rights
Direct Direct Indirect Direct Indirect
Ordinary Shares of €0.40 each
840,000
840,000
840,000
840,000
None
7.537%

Total voting rights
Number of voting rights Percentage of voting rights
840,000 7.537%

Editors notes

About Global Graphics
Global Graphics (Euronext: GLOG) http://www.globalgraphics.com is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based near here. There are also offices near Boston, Massachusetts and in Tokyo.    

Contact

Graeme Huttley
Chief Financial Officer
Tel: +44 (0)1223 926472
Email: graeme.huttley@globalgraphics.com

Jill Taylor
Corporate Communications Director
Tel: +44 (0)1223 926489
Email: jill.taylor@globalgraphics.com

Global Graphics SE reports a change in major shareholdings

Global Graphics SE (Euronext: GLOG) discloses notification of a change in major shareholdings in the Company’s shares.

NOTIFICATION OF CHANGE IN MAJOR SHAREHOLDING

On 28 September 2015, the Company received notification from Stichting Andlinger & Co. Euro-Foundation that, as a result of the Company’s capital increase on Friday 25 September 2015, they had on an aggregate basis crossed below the threshold of 19.00%, to 18.23% shareholding in the Company’s shares.

The content of the notification received is shown below.

Name of the shareholder:
Stichting Andlinger & Co. Euro-Foundation
Contact name:
Johan Volckaerts
Contact telephone number:
+3226478070
Reason for notification:
Increase in the issuer’s share capital
Date threshold crossed:
25 September 2015
Date of notification:
28 September 2015
Threshold crossed/reached:
19%

Voting rights:

Voting rights attached to shares
Class/type of
shares


Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of  voting rights
Direct Direct Indirect Direct Indirect
Ordinary Shares of €0.40 each
2,032,011
2,032,011
2,032,011
2,032,011
None
18.23%

Total voting rights
Number of voting rights Percentage of voting rights
2,032,011 18.23%

Editors notes

About Global Graphics

Global Graphics (Euronext: GLOG) http://www.globalgraphics.com is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based near here. There are also offices near Boston, Massachusetts and in Tokyo.

Contact

Graeme Huttley
Chief Financial Officer
Tel: +44 (0)1223 926472
Email: graeme.huttley@globalgraphics.com

Jill Taylor
Corporate Communications Director
Tel: +44 (0)1223 926489
Email: jill.taylor@globalgraphics.com

Global Graphics: Share capital increase

GLOBAL GRAPHICS SE (Euronext: GLOG), a developer of software platforms for digital printing, digital document and PDF applications, announces today that it has increased its share capital.

As authorised by Resolution 12 that was passed at the Company’s Annual General Meeting on 28 April 2015, the Board has today increased the Company’s share capital by allotting 925,926 new Ordinary shares as part of the consideration for the acquisition of the share capital of URW++ Design & Development GmbH, as announced on 15 September 2015.

The total number of Ordinary shares issued by the Company has increased from 10,289,781 to 11,215,707, with 70,519 held in treasury.  The total number of voting rights is therefore 11,145,188.

Editors notes

About Global Graphics

Global Graphics (Euronext: GLOG) http://www.globalgraphics.com is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based near here. There are also offices near Boston, Massachusetts and in Tokyo.

Contact

Graeme Huttley
Chief Financial Officer
Tel: +44 (0)1223 926472
Email: graeme.huttley@globalgraphics.com

Jill Taylor
Corporate Communications Director
Tel: +44 (0)1223 926489
Email: jill.taylor@globalgraphics.com

Global Graphics shares advances in high-speed inkjet quality at The Inkjet Conference Duesseldorf

How do you achieve the optimum image quality on a high-speed inkjet press? That’s the question posed by Martin Bailey, Global Graphics’ CTO, at the Inkjet Conference, Düsseldorf which opens on 7th October.

With one inkjet press manufacturer describing droplet placement while inkjet printing at high-speed like “high-level bombing in a gale” the subject is a topic of much debate in the industry with many press manufacturers frustrated in the knowledge that they are not yet able to get the most out of their high-speed presses.  

Which is why for many months, Global Graphics Software has been working with a number of inkjet press manufacturers to develop entirely new half-tone screening technology for presses that can vary the amount of ink delivered in any one location on the media.  

“The partners we are working with have already seen significant improvements to their output and we’re still at the exploratory stage,” says Martin Bailey, Global Graphics’ CTO. “We’ll be sharing some samples at The Inkjet Conference in Düsseldorf (October 7th and  8th http://www.theijc.com/ ) and we’d  like to encourage other manufacturers to try it for themselves.”

“Every UV inkjet press vendor we speak to has problems with droplets ‘randomly’ coalescing at some tone values, leading to an uneven or streaky effect,” Bailey continues. “In the same way aqueous inkjet vendors suffer from the loss of extreme highlights in a way that’s reminiscent of flexography. Both are affected significantly by media selection, but most press vendors struggle to prevent their customers from using the most cost effective media at the quality they require and cannot avoid the issues by recommending different media.”

““Colour management is very important, but it’s not enough. If you haven’t got the right screening to apply no amount of colour management will give you the image quality you need. If you’re printing graphics, images, graduations and anything else that requires a full range of tonality, the half-tone screening that we’re developing is what you will need to avoid artefacts.  It works hand in hand with good colour management.”

A halftone screen persuades the human eye to see a tone or colour that is not actually there by marking areas that are too small to be resolved individually. The physics of inkjet printing leads to challenges such as losing highlights or pseudo-random coalescing of dots on the media, challenges which can best be addressed with the results of Global Graphics’ development.  

Martin Bailey’s session is titled “Colour management is not enough: achieving maximum inkjet quality with screening” and will take place at The Inkjet Conference on 7th October.  Watch the video preview http://bit.ly/1JkbqBy
Ends

Editors notes

About Global Graphics
Global Graphics (Euronext: GLOG) is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based near here. There are also offices near Boston, Massachusetts and in Tokyo.  Additional information is available at http://www.globalgraphics.com

Contact

Jill Taylor/Global Graphics

+44 1223 926489
Jill.Taylor@globalgraphics.com

Global Graphics erwirbt URW++ Design & Development GmbH

URW gestaltet und entwickelt digitale Schriften. Vor 40 Jahren erfand das Unternehmen die Technologie und die Tools für die Herstellung digitaler Outline-Schriften. Heute ist es URW einer der wenigen Schriftenhersteller, die noch aus der Ära vor PostScript® stammen. URW‘s IKARUS-System zur Gestaltung und Produktion von digitalen Schriften, das seit 1975 entwickelt wird, gilt noch heute weltweit als Standard. Zusätzlich zur Lizenzierung der eigenen umfangreichen Schrift-Bibliotheken für den Grafikdesign-Markt entwickelt URW exklusive Schriften für Unternehmen und zählt dabei Marken wie General Motors, Mercedes Benz und Siemens zu seinen Kunden. Seinem Ruf für technische Kompetenz und Innovation folgend hat URW im letzten Jahrzehnt das Geschäft für „Global Fonts“ ausgebaut, zu denen vor allem auch nicht-lateinische Schriften gehören. Damit können Dokumente unter Beibehaltung der Markenidentität in vielen verschiedenen Ländern eingesetzt werden.

Gary Fry, CEO von Global Graphics, erklärt: „URW ist seit mehreren Jahren einer unserer strategischen Partner im Büromarkt, und zwischen unseren Unternehmen gibt es starke Synergien. Unser jüngstes Wachstum im Büromarkt bietet uns neue Chancen für ein kombiniertes Angebot aus unserer Harlequin RIP®-Technologie und den URW-Schriften. Darüber hinaus eröffnet die Akquisition dank der weltweiten Infrastruktur von Global Graphics enorme Möglichkeiten zur geografischen Ausweitung des URW-Geschäfts. Vorbehaltlich des Finanzabschlusses der Übernahme rechnen wir mit einem positiven Beitrag zum EBITA im laufenden Geschäftsjahr.“

Der Gesamtbetrag für die Akquisition wird sich voraussichtlich auf rund 4,2 Mio. € belaufen. 2,0 Mio. € davon werden durch neu erstellte Stammaktien von Global Graphics SE abgedeckt, 2,2 Mio. € aus vorhandenen Barmitteln. 0,2 Mio. € sind eine bedingte Zahlung, die erst 2016 fällig wird.

Insgesamt werden 925.926 neue Stammaktien ausgegeben. Damit steigt die Zahl der emittierten Aktien von 10.289.781 auf 11.215.707. Dies wird zu einer Verwässerung von 8,26% führen.

In den drei Jahren 2012, 2013 und 2014 hat URW durchschnittliche jährliche Einnahmen in Höhe von 2,9 Mio. € und einen durchschnittlichen Gewinn vor Steuern von 0,9 Mio. € pro Jahr erwirtschaftet. Für das Geschäftsjahr bis 31. Dezember 2014 zeigt der vorläufige geprüfte Geschäftsabschluss von URW Einnahmen in Höhe von 3,0 Mio. € und einen Gewinn vor Steuern in Höhe von 1,2 Mio. €. Die Bruttovermögenswerte von URW am 31. Dezember 2014 betrugen 2,0 Mio. €, davon 1,2 Mio. € in bar. Aus diesem Betrag erhielten die bestehenden Aktionäre vor der Akquisition eine Dividende in Höhe von 0,5 Mio. € für den Gewinn des Jahres 2014.

URW ist international tätig. Die Einnahmen für 2014 kamen zu 53 % aus Deutschland, zu 10 % aus dem restlichen Europa, zu 33 % aus den USA und zu 4 % aus dem Rest der Welt.

Peter Rosenfeld, Geschäftsführer und Mitbegründer von URW, kommentiert: „Unser Geschäft ergänzt die Märkte von Global Graphics, daher passen wir sehr gut zusammen. Wir erhalten jetzt die Gelegenheit, unsere Geschäftstätigkeit über Deutschland und die USA hinaus weltweit auszudehnen und damit Grafikern und Unternehmen in noch mehr Regionen eine größere Auswahl an Schriftarten zur Verfügung zu stellen.“

Dr. Jürgen Willrodt, Mitbegründer und Head of Technology bei URW, ergänzt: „Unsere beiden Unternehmen standen in den 80er und 90er Jahren an vorderster Front der Digital-Publishing-Revolution und haben daher historisch betrachtet viel gemeinsam. Beide Unternehmen haben sich weiterentwickelt und Innovationen eingeführt, wobei großer Wert auf die Forschung und Entwicklung gelegt wurde. Ich freue mich auf eine neue Ära der Expansion durch Zusammenarbeit.“

URW wird weiterhin als eigenständiges Unternehmen unter der Leitung von Peter Rosenfeld fungieren, jedoch als hundertprozentige Tochtergesellschaft von Global Graphics SE.

Weitere Informationen zu URW finden Sie auf der Website Http://urwpp.de/ und in dem folgenden Video über das Unternehmen: https://youtu.be/Sadx3J7ybXw.

Editors notes

Über Global Graphics

Global Graphics (Euronext: GLOG http://www.globalgraphics.com) ist ein führender Entwickler von Softwareplattformen, auf denen unsere Partner Lösungen für den digitalen Druck, digitale Dokumente und PDF-Anwendungen entwickeln. Zu unseren Kunden zählen HP, Corel, Quark, Kodak und Agfa. Die Ursprünge des Unternehmens reichen bis ins Jahr 1986 in der berühmten englischen Universitätsstadt Cambridge zurück, und auch heute noch hat der Großteil des F&E-Teams seinen Sitz in dieser Gegend. Wir haben außerdem Niederlassungen in der Nähe von Boston, Massachusetts (USA) und in Tokyo (Japan).

Über URW
URW ist ein Unternehmen, das sich im Bereich der grafischen Industrie durch die kontinuierliche Entwicklung und den Vertrieb innovativer Schrift- und Softwareprodukte etabliert hat. Besonders erfolgreich sind wir auf dem Gebiet der Hausschriften-Entwicklung und -Herstellung. Das liegt vor allem an unserer technischen Kompetenz in der Fontproduktion. Darüber hinaus liefern wir sogenannte World oder Global Fonts für OEM-Kunden. Außerdem zeichnen wir uns durch ein ausgedehntes Angebot an nicht-lateinischen Schriften aus. Damit werden wir dem wachsenden Bedarf im OEM- und Unternehmensmarkt an Global Fonts oder World Fonts gerecht. Zu unseren Kunden gehören BMW, Daimler, Deutsche Bahn, Bosch, Deutsche Telekom, Evonik, Hilti, MAN, Siemens, Würth sowie Cisco, Lexmark, General Motors, Epson, NEC und Panasonic.

Global Graphics, Harlequin, das Harlequin-Logo und Harlequin RIP sind Marken und in einigen Ländern eingetragene Marken von Global Graphics Software Limited. Global Graphics ist eine Marke und in einigen Ländern eine eingetragene Marke von Global Graphics S.E. Alle anderen Marken und Produktbezeichnungen sind eingetragene Marken oder Marken ihrer jeweiligen Inhaber.

Contact

Jill Taylor
Corporate Communications Director
Tel.: +44 1223 926489
E-Mail: jill.taylor@globalgraphics.com

Graeme Huttley
Chief Financial Officer
Tel.: +44 1223 926472
E-Mail: graeme.huttley@globalgraphics.com

Global Graphics acquires URW++ Design & Development GmbH

Cambridge (UK), 15 September 2015 (18.00 CEST): Global Graphics SE (Euronext: GLOG) announces today that it has acquired the entire issued share capital of font manufacturer URW++ Design & Development GmbH ("URW") located in Hamburg, Germany.

URW develops and designs digital typefaces.  The company invented digital outline font technology and tools 35 years ago and is one of the few remaining font foundries that date from the pre-PostScript® era.  Their IKARUS system for font design and production, which they invented in 1978, has become a de-facto standard around the world. In addition to licensing their extensive type libraries to the graphic design market they develop exclusive corporate typefaces, counting brands such as General Motors, Mercedes Benz and Siemens among their customer base.  Known for their technical expertise and innovation URW has, over the past decade, developed a business in “global fonts” that include non-Latin scripts and that allow documents to be interchanged between many countries while maintaining brand identity.

Gary Fry, Global Graphics’ CEO said, “URW has been a strategic partner of ours in the office market for several years and there is a great deal of synergy between our businesses.  With the recent growth we have experienced in the office market we have seen more opportunities for a combined proposition of our Harlequin RIP® technology and URW’s font solutions.  Furthermore, the acquisition brings significant opportunities to expand the URW business geographically with the support of the Global Graphics world-wide infrastructure.  Subject to the acquisition accounting, we do expect the acquisition to have a positive contribution to EBITA during the current financial year.”

Total consideration for the acquisition is expected to be approximately €4.2 million, which will be settled by €2.0 million in newly created ordinary shares of Global Graphics SE and €2.2 million in cash from existing cash reserves, of which €0.2 million is contingent consideration payable in 2016.

A total of 925,926 new ordinary shares will be issued, increasing the number of issued shares from 10,289,781 to 11,215,707.  This will result in a dilution of 8.26%.

During the 3 years of 2012, 2013 and 2014, URW has generated average annual revenue of €2.9 million and an average profit before tax of €0.9 million per year.  For the year ended 31 December 2014, the draft audited accounts of URW showed revenue of €3.0 million and a profit before tax of €1.2 million.  URW’s gross assets as at 31 December 2014 were €2.0 million of which €1.2 million was cash, from which, prior to the acquisition, the existing shareholders paid a dividend of €0.5 million for 2014 profits.

URW operates internationally and 2014 revenue was split 53% from Germany, 10% from the remainder of Europe, 33% from the USA and 4% from the rest of the world.

Peter Rosenfeld, managing director and co-founder of URW says,” Our business is very complementary to Global Graphics’ markets and so we fit together very well.  We now have the scope to expand our business globally outside of Germany and the US and to give graphic designers and corporates in wider geographies more choice of fonts.”

Dr. Jurgen Willrodt, head of technology for URW and co-founder says, “Both our companies were at the leading edge of the digital publishing revolution in the eighties and nineties and so we share a lot of history.  Both companies have continued to evolve and to innovate, placing great emphasis on research and development. I look forward a new era of expansion by working together”.

URW will continue to operate as a standalone business led by Peter Rosenfeld.  It will be a wholly-owned subsidiary of Global Graphics SE.

More information about URW can be found on their website at http://urwpp.de/ and their video insight to the company at https://youtu.be/Sadx3J7ybXw.

Editors notes

About Global Graphics

Global Graphics (Euronext: GLOG) http://www.globalgraphics.com is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based near here. There are also offices near Boston, Massachusetts and in Tokyo.  

About URW
URW has established itself in the graphic design industry by continually developing and marketing innovative font and software products. Based on our technical font production skills, we are particularly successful in the area of corporate type development and production as well as a supplier of so-called world or global fonts for OEM customers. Additionally, we distinguish ourselves by a comprehensive non-Latin font offering. We are well equipped to meet the growing demand in the OEM and Corporate Company market for so-called Global Fonts resp. World Fonts. Customers include BMW, Daimler, Deutsche Bahn, Bosch, Deutsche Telekom, Evonik, Hilti, MAN, Siemens, Würth as well as Cisco, Lexmark, General Motors, Epson, NEC and Panasonic.

Global Graphics, Harlequin, the Harlequin logo, the Harlequin RIP, are trademarks of Global Graphics Software Limited which may be registered in certain jurisdictions.  Global Graphics is a trademark of Global Graphics S.E. which may be registered in certain jurisdictions. All other brand and product names are the registered trademarks or trademarks of their respective owners.

Contact

Jill Taylor
Corporate Communications Director
Tel: +44 (0)1223 926489
Email: jill.taylor@globalgraphics.com

Graeme Huttley
Chief Financial Officer
Tel: +44 (0)1223 926472
Email: graeme.huttley@globalgraphics.com

Ricoh launches eBinder, powered by Global Graphics technology

Global Graphics has signed a contract with Ricoh Europe to supply gDoc technology to enable Ricoh to develop digital document solutions that support flexible, mobile access to information.  

The first solution Ricoh has developed using the gDoc Application Platform is Ricoh eBinder, a digital ring binder solution that enables fast access to the information contained in documents without the need to physically copy or connect to the original files.  Ricoh eBinder presents documents in a ring binder format that is instantly familiar to users, with easy navigation via a table of contents or tabs within a digital binder. Binders can be viewed on PC, iOS and Android-based devices.

Ricoh Europe will launch Ricoh eBinder across the EMEA region via its 23 operating companies and their resellers. In addition to the standard Ricoh eBinder application, Ricoh will deliver customised versions to meet the requirements of large enterprises and selected vertical markets.

Commenting on the launch, Olivier Vriesendorp, VP Product Marketing, Ricoh Europe said: “Ricoh eBinder extends the support we provide for organisations seeking to establish a more flexible, mobile working environment. By enabling the information contained in documents to be assembled together for easy access later on from the user’s preferred device, we can help save time and paper and boost employee productivity.”

Ricoh eBinder bridges the gap between paper and digital working practices by making it easy to collect and organise documents in over 100 different formats, including scans from hard copy. For added personalisation, individual users can customise the look and feel of the digital ring binders they create. When sharing binders for wider consumption, users can specify which parts can be accessed, and binders can be password protected for greater security.

“Ricoh is an expert in helping customers transition from paper-based to digital workflows”, said Jonathan Wilson, director of business development, Global Graphics, “and the entire ethos behind the gDoc brand is to make this possible. Our platforms are designed to make the move from a printed page to a digital page effortless and to achieve this we simulate paper workflows. We are delighted that Ricoh has chosen our technology.”

Ends

Editors notes

About Global Graphics
Global Graphics (Euronext: GLOG) http://www.globalgraphics.com is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based near here. There are also offices near Boston, Massachusetts and in Tokyo
About Ricoh
Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2015, Ricoh Group had worldwide sales of 2,231 billion yen (approx. 18.5 billion USD).
The majority of the company’s revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.
Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees. For further information, please visit  www.ricoh-europe.com

Contact

Jill Taylor/Global Graphics

+44 1954 926489
Jill.Taylor@globalgraphics.com

Jack Gibson, Ricoh Europe
Tel: +44 20 3033 3766
press@ricoh-europe.com

Global Graphics publishes 2015 half year financial report

Global Graphics SE (Euronext: GLOG) announces it has published its half year report and condensed consolidated interim financial statements for the six months ended 30 June 2015.  The full document is available for download from the investors section of the Company’s website at:  http://www.globalgraphics.com/investors/financial-reports

Financial highlights of the six months ended 30 June 2015

·        Sales for the period were €8.39 million, compared with €5.34 million for the same period in 2014.

·        The pre-tax result was a profit of €2.08 million for the period, compared with a profit of €0.61 million for the same period in 2014.

·        The net result after tax was a profit of €2.66 million for the period, compared with a profit of €0.66 million for the same period in 2014.

·        Basic earnings per share increased by €0.19 per share over the same period in 2014.  For the period ended 30 June 2015 there was a basic earnings per share of €0.26, compared with a basic earnings per share of €0.07 for the same period in 2014.

·        Cash and cash equivalents reduced by €0.64 million during the period to €3.52 million.

·        The Company’s measure of adjusted operating profit showed a profit of €2.98 million for the period, compared to a profit of €1.00 million for the same period in 2014.

Operational highlights of the six months ended 30 June 2015

On 23 March 2015, the Group acquired the trade and assets of RTI Global, Inc. and RIPMall Technologies, Inc. (together "RTI"), both located in Sarasota, Florida, USA.

RTI provides and supports custom-branded versions of the Harlequin RIP direct to print service providers and printing equipment manufacturers, mostly in the North American market, and is a long-standing customer of the Group. RTI has grown a successful on-line sales operation over the past 20 years, selling the RTI Harlequin RIP for use with a wide variety of printing equipment and workflows.

This acquisition gives the Group a direct route to market in one of its strategic growth segments at the light production end of the digital printing market where RTI’s understanding of the end-customer will be invaluable.  It also gives the Group access to a very successful on-line sales operation which will allow the Group to receive a higher margin on sales to end users.

Editors notes

About Global Graphics

Global Graphics (Euronext: GLOG) http://www.globalgraphics.com is a leading developer of software platforms on which our partners create solutions for digital printing, digital document and PDF applications. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge, and, today the majority of the R&D team is still based near here. There are also offices near Boston, Massachusetts and in Tokyo.  

Contact

Jill Taylor/Global Graphics
+44 1223 926489
Jill.Taylor@globalgraphics.com

Graeme Huttley/Global Graphics
+44 1223 926472

Graeme.huttley@globalgraphics.com

New Harlequin flexo screens give premium print quality

A new set of hybrid screens that improve print quality significantly for flexo work are launched today by Global Graphics Software.

The flexo screens address the issues of how to achieve high-quality in the highlight areas of images, such as tones close to white or skin tones, and how to print these areas with smooth gradations.

It’s a technical challenge that the Harlequin product team has solved using its Harlequin Cross Modulated™ screens as the basis for development.

“It’s about giving the pre-press operator the choice of the right tools for the job in hand” says Martin Bailey, CTO Global Graphics. “To achieve premium quality you need to be able to select from a wide choice of screen resolutions, rulings and dot sizes so that different graphical objects can be produced as well as possible.

“So we’ve expanded the number of screens available with Harlequin and included a mechanism to auto select the calibration that goes with a particular screen.  Pre-press operators also now have the ability to bump up curves at the highlight end to compensate for flexo not being able to produce tones close to white clearly.  The result is that you can achieve smooth gradations even in high-key images.”

The Harlequin RIP® has been used in the flexo market for many years by Global Graphics OEM partners. “We’ve become increasingly involved in the conversation about how to achieve high-quality at the premium end of the market”, continues Bailey, “and due to our extensive partner network we’ve been able to take input from a variety of vendors to fine tune our plans."
 
Harlequin Cross Modulated Flexo (HXMFlexo) works with the latest editions of the Harlequin RIP®.  Cross modulated screens give smooth, noise-free flat tints while retaining fine detail in highlights and shadows. They allow you to print screens at a higher line ruling than would normally be considered reliable, produce pin-sharp images and help overcome common printing imperfections like visible rosettes and moiré.

Last year Global Graphics and ThermoFlexX® announced joint development work on hybrid screens for ThermoFlexX imagers.

Editors notes

About Global Graphics
Global Graphics (http://www.globalgraphics.com) develops the technology behind the perfect printed and digital page. It is a leading developer of RIPs, color management and screening technology. Customers include HP, Corel, Quark, Kodak and Agfa. The roots of the company go back to 1986 and to the iconic university town of Cambridge where, today, the majority of the R&D team is still based. There are also offices near Boston, Massachusetts, Tokyo.

ThermoFlexX is a registered trademark of Xeikon International BV.  Harlequin and the Harlequin RIP are trademarks of Global Graphics Software Ltd. that may be registered in certain jurisdictions.

Contact

Jill Taylor/Global Graphics

+44 1223 926489
Jill.Taylor@globalgraphics.com