Global Graphics: Result of the Annual General Meeting

Cambridge (UK) 28 April 2015: Global Graphics SE (Euronext: GLOG) announces the result of its Annual General Meeting.

At the Company’s Annual General Meeting held today, the resolutions proposed at the meeting were unanimously passed without amendment.  

Details of the resolutions passed are available in the Notice of the Annual General Meeting, which is available on the Company’s website at http://www.globalgraphics.com/investors/annual-shareholders-meeting.

Board of directors
Effective from the AGM on 28 April 2015, the board of directors is:

  • Guido Van der Schueren, Chairman
  • Gary Fry, CEO
  • Johan Volckaerts, non-executive director
  • Alain Pronost, non-executive director

  • Editors notes

    • About Global Graphics

    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
    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

    Transactions in shares by persons discharging managerial responsibility (“PDMRs”)

    Cambridge (UK), 24 April 2015: Global Graphics SE (Euronext: GLOG) (the "Company") announces that Graeme Huttley, a senior executive of the Company, has acquired 4,000 ordinary shares of €0.40 each ("Ordinary Shares") pursuant to a free share grant in 2011 that has now satisfied a 4 year vesting condition.

    Their interest in the Company is shown below:

    PDMR
    Number of Ordinary Shares prior to this transaction
    Number of Ordinary Shares following this transaction
    Total interest in Ordinary Shares as a % of issued share capital
    Graeme Huttley
    3,346
    7,346
    0.07%

    Editors notes

    About Global Graphics
    Global Graphics (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 there. There are also offices near Boston, Massachusetts and in Tokyo.

    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

    Global Graphics SE: Trading update for the quarter ended 31 March 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 first quarter of the financial year ending 31 December 2015.

    Financial highlights for the quarter ended 31 March 2015

    The following information is unaudited.

    • Revenue for the quarter was €5.19 million (2014: €2.21 million), an increase of 134.6% over the same quarter in 2014.
    • The Company’s measure of adjusted operating profit was a profit of €2.62 million (2014: €0.12 million) for the quarter.
    • Cash at 31 March 2015 was €3.51 million (2014: €0.85 million).  The Group continues to be debt free, therefore, has no interest payments or capital repayments to make.

    Operational highlights for the quarter ended 31 March 2015

    On 30 March 2015 the Company announced that it had 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.

    Total consideration is estimated to be $0.27 million, which will be settled in cash, from existing shares and the forgiveness of debt.

    For the year ended 31 December 2014, the unaudited accounts of RTI showed revenue of $0.93 million and a profit before tax of $0.11 million.

    The acquisition is expected to be earnings enhancing in the current financial year.

    Segment and revenue analysis

    Following a strategic review of the business and trends in the markets that the Group operates in, management will, in addition to the existing operating segments of Print and eDoc, report revenue under four additional market headings.  These four strategic markets, which encompass both the Print and eDoc software technologies are:

    • High-speed: for the increasing trend in the industry to move to high-speed inkjet printing, where the Group already provides its software technology to some of the market leaders;
    • In-house: for the emerging trend of in-house production printing devices that allow staff to print low volume jobs on varying media in-house rather than sending out to a print service provider;
    • Office: where existing office printer manufacturers are looking to reduce the costs of their hardware devices while at the same time creating new digital document software applications to build new revenue streams and differentiate their solutions from their competitors; and
    • Traditional: for the Group’s traditional graphics art printing business.
    The following table shows the revenue attributable to each of the four markets for the quarter ended 31 March 2015 and 31 March 2014.

    € 000s  
         2015
         2014
    High-speed
    484
    355
    In-house
    9
    –
    Office
    3,707
    1,038
    Traditional
    993
    820
    Total revenue
    5,193
    2,213

    Ffor the quarter, the Print operating segment revenue was €4.96 million (2014: €2.02 million) and the eDoc operating segment revenue was €0.23 million (2014: €0.19 million).

    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.  The contract has been included in the Print operating segment and is now included under the aforementioned Office market heading.  During the quarter €3.42 million (2014: €0.82 million) was recognised as revenue from this contract, bringing the total recognised to date under this contract to €6.14 million.  Excluding the revenue from this contract, the Group’s revenue for the quarter was 27.2% higher than the revenue in the comparative period in 2014.

    Annual General Meeting

    As announced on 25 March 2015, the Company’s Annual General Meeting will be held at the offices of Andlinger & Co, Avenue Louise 326, 1050 Brussels, Belgium on Tuesday 28 April 2015 at 10:00 hrs (CEST).

    A copy of the complete notice and other supporting information, including explanatory notes, requirements for proof of ownership of shares and the proxy form, is available for download from the investors section of the Company’s web site at:  http://www.globalgraphics.com/investors/annual-shareholders-meeting/.

    Results for the six months ending 30 June 2015

    The Company expects to publish its condensed consolidated financial statements for the six months ending 30 June 2015 after market close on Monday 27 July 2015.

    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

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

    Global Graphics acquires RTI Global, Inc. and RIPMall Technologies, Inc.

     Global Graphics SE (Euronext: GLOG) announces today that is has 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 Global Graphics. 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.

    Gary Fry, Global Graphics’ CEO said, “RTI has been providing expert advice to Harlequin customers for many years and has an excellent reputation for service and support.  This acquisition gives us a direct route to market in one of our 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 us access to a very successful on-line sales operation.”

    Total consideration is estimated to be $0.27 million, which will be settled in cash, from existing shares and the forgiveness of debt.

    For the year ended 31 December 2014, the unaudited accounts of RTI showed revenue of $0.93 million and a profit before tax of $0.11 million.

    The acquisition is expected to be earnings enhancing in the current financial year.

    Ken Hillier, president of RTI said, “We’re delighted to join Global Graphics and look forward to continuing the successful operation of the RTI business.”

    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 RTI Global Inc
    RTI Global http://www.rti-rips.com was founded in 1994 by Ken Hillier.  The company has sold more than 5,000 Harlequin RIPs world-wide, the vast majority into North America.  RTI was an early adopter of internet marketing and has had a website focused on the sales and marketing of its products since 1995.  RTI sells integrated RIP and workflow solutions, based on the Harlequin RIP, as well as thermal imaging systems, to the screen printing, flexographic, direct digital, and offset printing markets.

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

    Graeme Huttley/ Global Graphics
    +44 1223 926472
    Graeme.Huttley@globalgraphics.com

    Transactions in shares by persons discharging managerial responsibility (“PDMRs”)

    Cambridge (UK), 26 March 2015: Global Graphics SE (Euronext: GLOG) (the "Company") announces that Jill Taylor, a senior executive of the Company, has  acquired 4,000 ordinary shares of €0.40 each ("Ordinary Shares") pursuant to a free share grant in 2011 that has now satisfied a 4 year vesting condition.

    Following the grant of these free shares Ms Taylor sold 1,200 Ordinary Shares at an average price of €2.29 per share to meet the associated tax liabilities.

    Ms Taylor’s interests in the Company is shown below:

    PDMR
    Number of Ordinary Shares prior to this transaction
    Number of Ordinary Shares following this transaction
    Total interest in Ordinary Shares as a % of issued share capital
    Jill Taylor
    3,346
    6,146
    0.06%

    Editors notes

    About Global Graphics
    Global Graphics (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 there. There are also offices near Boston, Massachusetts and in Tokyo.

    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

    Global Graphics: Notice of Annual General Meeting

    Global Graphics SE (Euronext: GLOG) announces details of its Annual General Meeting.

    Notice is hereby given that the Annual General Meeting of Global Graphics SE will be held at the offices of Andlinger & Co, Avenue Louise 326, 1050 Brussels, Belgium on Tuesday 28 April 2015 at 10:00 hrs (CET).

    A copy of the complete notice and other supporting information, including explanatory notes, requirements for proof of ownership of shares and the proxy form, is available for download from the investors section of the Company’s web site at:  http://www.globalgraphics.com/investors/annual-shareholders-meeting/.

    Ordinary Business
    To consider and, if thought fit, pass the following resolutions which will be proposed as Ordinary Resolutions:

    1.        To receive the Company’s annual financial statements and consolidated accounts for the financial year ended 31 December 2014.
    2.        To reappoint KPMG LLP as auditor to hold office from the conclusion of this meeting until the conclusion of the next general meeting of the Company at which financial statements are laid.
    3.        To authorise the members of the Company’s administrative organ (the “Directors”) to determine the remuneration of the auditors.
    4.        To re-elect Guido Van der Schueren as a member of the Company’s administrative organ as Chairman of the Board.
    5.        To re-elect Gary Fry as a member of the Company’s administrative organ as Chief Executive Officer.
    6.        To re-elect Johan Volckaerts as a member of the Company’s administrative organ as a non-executive director.
    7.        To re-elect Alain Pronost as a member of the Company’s administrative organ as a non-executive director.
    8.        To approve the Directors’ Remuneration Report (excluding the Directors’ Remuneration Policy) set out on pages 12 to 16 of the annual report for the year ended 31 December 2014.
    9.        To approve the Directors’ Remuneration Policy, the full text of which is contained in the Directors’ Remuneration Report, as set out on pages 16 to 18 of the annual report, which will take effect immediately after the end of the Annual General Meeting on 28 April 2015.

    Special business
    To consider and, if thought fit, pass the following resolutions which will be proposed in the case of Resolutions 10 and 12 as Special Resolutions and in the case of Resolution 11 as an Ordinary Resolution:

    10.        That the Company be generally and unconditionally authorised for the purposes of section 701 of the Companies Act 2006 (the “Act”) to make one or more market purchases (within the meaning of section 693(4) of the Act) of ordinary shares of €0.40 each in the capital of the Company (ordinary shares) provided that:

    • the maximum aggregate number of ordinary shares authorised to be purchased is 1,000,000 (representing 9.72% of the issued ordinary share capital);
    • the minimum price (excluding expenses) which may be paid for an ordinary share is the par value of the shares;
    • the maximum price (excluding expenses) which may be paid for an ordinary share is an amount equal to the higher of (i) 105% of the average closing price for an ordinary share as derived from Euronext Brussels for the five business days immediately preceding the day on which that ordinary share is purchased, and (ii) the amount stipulated by article 5(1) of the Buy-back and Stabilisation Regulation 2003;
    • this authority shall expire at the conclusion of the next Annual General Meeting of the Company, or, if earlier, at the close of business on 28 July 2016 unless renewed before that time; and
    • the Company may make a contract to purchase ordinary shares under this authority before the expiry of the authority which will or may be executed wholly or partly after the expiry of the authority, and may make a purchase of ordinary shares in pursuance of any such contract.
    11.        That, in substitution for all existing authorities conferred on the Directors, in accordance with section 551 of the Act the Directors be and they are generally and unconditionally authorised to exercise all powers of the Company to allot equity securities (within the meaning of section 560 of the Act), or grant rights to subscribe for, or convert any security into, shares in the Company up to an aggregate nominal amount of €2,000,000, provided that this authority shall expire on the conclusion of the Company’s Annual General Meeting in 2016, or, if earlier, at the close of business on 28 July 2016, save that the Company may before such expiry make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot such equity securities in pursuance of such an offer or agreement as if the authority conferred by this resolution had not expired.

    12.        Subject to the passing of Resolution 10 of the notice of meeting, that, in substitution for all existing authorities conferred on the Directors, the Directors be and they are empowered pursuant to section 570 of the Act to allot equity securities either pursuant to the authority conferred by Resolution 10 above or by way of a sale or transfer of treasury shares as if section 561 of the Act did not apply to any such allotment, sale or transfer provided that this authority shall expire on the conclusion of the Company’s Annual General Meeting in 2016, or, if earlier, at the close of business on 28 July 2016, save that the Company may before such expiry make an offer or agreement which would or might require equity securities to be allotted, sold or transferred after such expiry and the Directors may allot, sell or transfer equity securities in pursuance of such an offer or agreement as if the authority conferred by this resolution had not expired.

    Editors notes

    About Global Graphics

    Global Graphics (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 there. There are also offices near Boston, Massachusetts and in Tokyo.

    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

    Director’s dealings

    Global Graphics SE (Euronext: GLOG) (the "Company") announces that Gary Fry, Chief Executive Officer, has  acquired 36,000 ordinary shares of €0.40 each ("Ordinary Shares") pursuant to a free share grant in 2011 that has now satisfied a 4 year vesting condition.

    Following the grant of these free shares Mr Fry sold 13,000 Ordinary Shares at an average price of €2.3362 per share to meet the associated tax liabilities.

    Following these transactions, Mr Fry’s interests in the Company is shown below:

    Director
    Number of Ordinary Shares prior to this transaction
    Number of Ordinary Shares following this transaction
    Total interest in Ordinary Shares as a % of issued share capital
    Gary Fry
    4,669
    27,669
    0.27%

    Editors notes

    About Global Graphics
    Global Graphics (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 there. There are also offices near Boston, Massachusetts and in Tokyo.

    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

    Global Graphics publishes 2014 annual report and financial statements

    Global Graphics SE (Euronext: GLOG) announces that it has published its annual report and financial statements for the financial year ended 31 December 2014.

    The full document is available for download from the investors section of the Company’s web site at:  http://www.globalgraphics.com/investors/financial-reports/

    Should you wish to receive printed copies please send an e-mail to investor-relations@globalgraphics.com or make your request in writing, for the attention of the Company’s Chief Financial Officer, to 2030 Cambourne Business Park, Cambourne, Cambridge, CB23 6DW, UK.

    Key consolidated figures

    In thousands of euros
        2014
        2013
        Change
    Revenue
    11,355
    7,879
    3,476
    Operating profit/(loss)
    1,182
    (2,644)
    3,826
    Profit/(loss) before tax
    1,160
    (2,234)
    3,394
    Tax
    474
    358
    116
    Profit/(loss) for the year attributable
    to equity holders
    1,634
    (1,876)
    3,510
    Basic earnings/(loss) per share
    0.16
    (0.19)
    0.35
    Net cash
    4,161
    1,286
    2,875

    The Group presents adjusted financial results when reporting its financial results to provide investors with an additional tool to evaluate the Group’s results in a manner that focuses on what the Group believes to be its underlying business operations.  The Group’s management believes that the inclusion of adjusted financial results provides consistency and comparability with past reports and comparability to similar companies in the Group’s industry, many of which present the same or similar adjusted financial information to investors.

    In thousands of euros
        2014
        2013
        Change
    Adjusted operating profit/(loss)
    2,157
    (1,142)
    3,299
    Adjusted net profit/(loss)
    2,474
    (428)
    2,902
    Adjusted basic earnings/(loss) per share
    0.25
    (0.04)
    0.29
    Additional commentary and analysis of the Group’s consolidated results for the year ending 31 December 2014 can be found in the aforementioned annual report and financial statements.

    Annual General Meeting
    The annual general meeting ("AGM") was scheduled for Tuesday 21st April 2015, however, due to travel commitments and subsequent availability of some Board members, it is now scheduled for Tuesday 28th April 2015.  The official notice of the AGM will be issued in accordance with applicable legal and regulatory requirements closer to the time.

    Editors notes

    About Global Graphics

    Global Graphics (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 there. There are also offices near Boston, Massachusetts and in Tokyo.

    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

    Global Graphics SE reports changes in major shareholdings and director dealing in its shares

    Global Graphics SE (Euronext: GLOG) discloses two notifications of a change in major shareholdings and details of directors’ transactions in the Company’s shares

    FIRST NOTIFICATION OF CHANGE IN MAJOR SHAREHOLDING

    On 29 December 2014, the Company received notification from Stichting Andlinger & Co. Euro-Foundation that they had on an aggregate basis, as a result of the sale of shares, crossed below the threshold of 25.00%, to 20.17%.  

    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:
    0031 73 744 0007
    Reason for notification:
    An acquisition or disposal of voting rights
    Date threshold crossed:
    29 December 2014
    Date of notification:
    29 December 2014
    Threshold crossed/reached:
    20%

    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
    2,872,011
    2,872,011
    2,032,011
    –
    20.17%
    –
    –

    Total voting rights
    Number of voting rights Percentage of voting rights
    2,032,011 20.17%

    SECOND NOTIFICATION OF CHANGE IN MAJOR SHAREHOLDING

    On 29 December 2014, the Company received notification from Parana Management Corp BVBA that they had on an aggregate basis, as a result of the purchase of shares, crossed above the threshold of 5.00%, to 8.34%

    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:
    An acquisition or disposal of voting rights
    Date threshold crossed:
    29 December 2014
    Date of notification:
    29 December 2014
    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 Nil Nil
    840,000
    –
    8.34%
    –
    –

    Total voting rights
    Number of voting rights Percentage of voting rights
    840,000 8.34%

    DIRECTOR DEALING IN SHARES

    The 840,000 ordinary shares (the "Shares") of Global Graphics SE (the "Company") purchased on 29 December 2014 by Parana Management Corp BVBA, a company controlled by the Company’s Chairman, Guido Van der Schueren, were purchased from Stichting Andlinger & Co. Euro-Foundation, a Dutch foundation controlled by Johan Volckaerts, a non-executive director of the Company, in an off market transaction at a price of €2.00 per share.  

    Subsequent to the above transaction in the Shares, the directors’ interests in the shares of the Company are as follows:

    Shareholder
    Number of ordinary shares
    % of issued share capital
    Stichting Andlinger & Co. Euro-Foundation *
    2,032,011
    19.75%
    Parana Management Corp BVBA **
    840,000
    8.16%
    Johan Volckaerts
    225,766
    2.19%
    Alain Pronost
    4,959
    0.05%
    Gary Fry
    3,883
    0.04%
    Total
    3,106,619
    30.19%

    * Stichting Andlinger & Co. Euro-Foundation is controlled by Johan Volckaerts, a non-executive director of the Company.
    ** Parana Management Corp BVBA is controlled by Guido Van der Schueren, the Company’s Chairman.

    The percentage of issued share capital differs to the percentage of voting rights due to the exclusion of Company owned shares (treasury shares) when calculating the percentage of voting rights.

    Editors notes

    About Global Graphics

    Global Graphics (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 there. There are also offices near Boston, Massachusetts and in Tokyo.  

    Contact

    Graeme Huttley/Global Graphics
    +44 1223 926472
    graeme.huttley@globalgraphics.com

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

    Global Graphics Software and Delphax Technologies announce strategic relationship

    Global Graphics (Euronext: GLOG) a developer of software platforms for digital printing, digital document and PDF applications, and Delphax Technologies (OTC:DLPX), a global provider of high-speed digital printing equipment, today announced a strategic relationship under which Global Graphics’ Harlequin technology will power Delphax’s next generation of products, the first of which is the elan 500 cut-sheet inkjet press capable of printing at speeds of up to 500 A4/Letter images per minute.

    Steve Hubbard, vice president sales and marketing at Delphax, commented, “Delphax has a long and successful history of integrating Global Graphics RIP technology into our products. It has been a key element of our industry leading Imaggia and CR systems, and we and extremely pleased to be able to continue this relationship in order to provide the quality and speed offered by the Harlequin RIP® technology within our next generation of elan products. Our internally developed distributed PDF RIP farm solution, which is built around Harlequin, perfectly complements elan’s unparalleled productivity, print quality and flexible media options at a highly competitive cost point.”

    Paul Hagen, Global Graphics Software’s vice president of sales said, “The Harlequin RIP is proven to be the fastest PDF RIP available and we are delighted that Delphax has chosen to continue its long relationship with us by using our technology to power its new product lines. We enjoy close collaboration and look forward to working together in the future.”

    Harlequin is widely acknowledged to be the fastest RIP software available on the market delivering pages far in excess of the rated speed of the industry’s leading devices.  In addition to driving the elan digital print system from Delphax, it is also the technology to be found in an increasing number of digital press solutions including those developed by HP, Canon, TKS and OKI Data Americas.  

    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

    About Delphax Technologies Inc.
    Delphax Technologies Inc. is a global leader in the design, manufacture and delivery of advanced digital print production systems. For more than 30 years, Delphax Technologies has pioneered high-speed digital imaging innovations that improve throughput and enhance efficiencies for publishers, direct marketers and other commercial print customers where cost and quality are important. The Delphax Technologies portfolio includes specialized full color inkjet or monochrome inkjet and toner technologies that are ideal for a wide range of applications over a broad spectrum of substrates from ultra-lightweight paper to heavy stock in both roll-fed and cut-sheet print environments. Delphax Technologies is headquartered in Minneapolis, Minnesota, USA with subsidiaries in Canada, the United Kingdom and France. The company’s common stock is currently quoted over the counter under the symbol DLPX. Additional information is available on the company’s website at www.delphax.com

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    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. PostScript is a trademark of Adobe Systems Incorporated 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/Global Graphics

    +44 1954 926489
    Jill.Taylor@globalgraphics.com