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

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