Global Graphics News – Page 73 – Just another WordPress site

Harlequin web portal launches to Graph Expo visitors – latest version of Harlequin RIP also on show

Global Graphics’ new interactive community and online store for Harlequin RIP® users at www.harlequin.com is being launched to the US market at Graph Expo. Also demonstrated on the Global Graphics’ booth will be the Harlequin PLUS Server RIP (v.8.0), the first graphic arts RIP to natively process PDF, PostScript®, and XPS in a single RIP engine.

Harlequin.com provides a comprehensive range of RIP-related information for the Harlequin user including FAQs, White Papers, technical datasheets and a peer-to-peer forum. It makes it easy for pre-press operations and print shops to evaluate and purchase products that will add new features to their RIP for increased productivity. Most products are available for evaluation free-of-charge for 30 days so that users can ‘try before they buy’ ( see separate press release about Harlequin Cross Modulated Screening). Harlequin.com also provides a service to match users who may have lost touch with their original supplier and who want to upgrade their current RIP, or buy a new RIP, with a new supplier in the Global Graphics’ OEM network. The site is backed by Xitron, Compose, Fusion Systems, HighWater, ECRM, RTI, Presstek and Polkadots who provide technical support to purchasers of Harlequin products.

The JDF-enabled Harlequin PLUS Server RIP (v.8.0) is the first graphic arts RIP to process natively PDF, PostScript and XPS in one engine so that print shops don’t need to worry about how they receive files from their customers, and how they need to process those files because they can print multiple file formats with a consistent high-quality result. The Harlequin RIP has rendered PDF natively since 1997, introducing support for transparency in 2002 with Version 6.0 of the RIP so there is no need to flatten transparent artwork.

The Harlequin PLUS Server RIP provides faster processing speeds than its predecessors, notably through multi-threaded rendering that helps remove RIP bottlenecks in handling raster data and takes full advantage of the new Duo and Quad core technology. A new retained PDF raster feature speeds up variable data processing by only RIPping new content on multi-page jobs so that the same areas are not processed repeatedly. From a host of other new features introduced in v.8.0 highlights include: support for PDF 1.7, the PDF/X-4 specification, as well as JDF 1.3; support for the HD Photo format, a new file format for continuous tone still images that surpasses the limitations of existing image formats with superior compression capabilities and extended dynamic range, a soft-proofing feature that allows the print service provider to quickly create a PDF that represents exactly how a job will appear on press for customer approvals and compatibility with PANTONE® Goe™

In 2008 The Harlequin RIP celebrates the twentieth anniversary of its first use in a commercial system.

Editors notes

About Global Graphics
Global Graphics Software (http://www.globalgraphics.com) is the developer of the Harlequin RIP, Jaws RIP, Jaws PDF technologies and eDocument Library software for document applications. Its customer base of OEMs, system integrators, software developers and resellers include the world’s leading vendors of digital pre-press systems, large-format color printers, color proofing systems, copiers and printers for the corporate and SOHO markets and software applications. Global Graphics Software is a subsidiary of Global Graphics S.A. (NYSE Euronext:GLOG)

Global Graphics, the smarter alternative, Harlequin, the Harlequin RIP and the Harlequin logo are trademarks of Global Graphics Software Limited which may be registered in certain jurisdictions. Global Graphics is a trademark of Global Graphics S.A. 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. Global Graphics makes no warranty and accepts no liability for any loss or damage arising from the use of information or particulars in this document.

Contact

Jill Taylor/Global Graphics
+44 1954 283074

Jill.Taylor@globalgraphics.com

Global Graphics announces the HXM screening module for the Harlequin RIP is available for evaluation

Today at Graph Expo, Global Graphics announced the addition of the HXM™ (Harlequin Cross-Modulated) screening module to the range of products available to evaluate by the interactive community of Harlequin RIP users at the online store at www.harlequin.com. HXM, which is supplied as a Screening Option upgrade to the Harlequin RIP, uses hybrid screening to improve print quality by increasing the output lines per inch (LPI) at lower resolutions.

Harlequin RIP users are able to download the HXM installer for a free 30-day trial to evaluate its suitability for their purposes. There is no commitment to buy, and after evaluation, users are free to choose whether or not to purchase the product via their preferred Harlequin RIP dealer or reseller.

“HXM significantly improves the printing quality and therefore opens up more print sales opportunities,” says Ralph Lloyd, VP of product marketing at Global Graphics. “If you are resizing images you are going to lose detail, especially in the highlight and shadow areas. With HXM you don’t lose that detail and the sharpness and quality are retained. It also widens the variety of paper choices available and all of this means the ability to attract high end work and high end profit.”

HXM screening is a solution which addresses the issue of the need to print on lower quality or recycled papers to control cost, yet at the same time fulfill the high expectations of the customer. Its use of hybrid screening allows the enlargement or reduction of images without affecting quality or detail. In fact, it can significantly improve the print quality with smoother flesh tones, flat tints and gradient transitions. This is achieved by controlling the dot size in the highlight and shadow, ensuring it is does not disappear in the light areas or merge in the dark areas.

As HXM is a combination of traditional AM screening with FM screening, it eliminates the problem of moiré by using higher screen rulings than 150 LPI, but without the risk of loss of quality. For example, if a printer is currently imaging plates at 2400 DPI with output at 150 LPI, and is able to hold a 1% dot when printing on the required substrate, by using HXM screens it would be possible to print at 200-250 LPI without any special pre-press or on-press requirements.

Printers need not worry about compatibility with their equipment as HXM screens are pre-tuned, created and encrypted to match most OEM’s presses, plates, paper, chemistry and RIP settings combinations.

Having products such as HXM available for evaluation and purchase at harlequin.com is proving to be an essential resource for the two hundred thousand Harlequin RIP users worldwide. The obligation-free trial period gives users the freedom to explore thoroughly the opportunities and resources on offer.

The Harlequin RIP® was first used in a production system in 1988 and is used to power a vast number of operations and printing devices including CtP, proofers, short-run print, wide format print, and PDF workflows applications. It has processed PostScript® natively since 1988, PDF natively since 1997 and is the first commercially available graphic arts RIP to natively process files in the new XPS print format (XML Paper Specification) available with Windows® VistaTM. Native processing of file formats renders files more accurately and speedily because there is no conversion to an intermediary format. Native processing of files means there is no need to flatten transparencies in artwork.

Editors notes

For a selection of images of that show Harlequin RIP please contact jill.taylor@globalgraphics.com

Contact

Jill Taylor/Global Graphics
+44 1954 283074

Jill.Taylor@globalgraphics.com

Harlequin RIP special offer announced for Graph Expo

Global Graphics has announced a Harlequin RIP® special offer to coincide with Graph Expo. If visitors buy or upgrade their Harlequin RIP to the most recent version – the Harlequin PLUS Server RIP (v.8.0) – they can earn up to 25% discount off all complementary Harlequin RIP products. The offer runs until 30 November and anyone requesting an upgrade to their RIP via harlequin.com, the interactive community and online store for Harlequin RIP users, will also receive Global Graphics’ award winning Jaws PDF Creator® free of charge.

“We believe that the Harlequin RIP is already the best value tool on the market for pre-press and digital printing,” says Paul Hagen, Global Graphics’ director of RIP sales. “The products that are on special offer save time and money by offering additional enhancements to the RIP. For example, our simple imposition for two-up and four-up conventional and digital print provides an extremely cost effective imposition tool integrated into the RIP for small and medium format output devices.

“The Harlequin RIP makes economic sense in many other ways too”, he continues: “the same RIP can be used for proofing, outputting to CtP or to your digital press and wide format printer. This reduces operating and training costs while insuring consistency in output . Also, with the Harlequin RIP print shops don’t need to worry about how they receive files from their customers, and how they need to process those files because the Harlequin PLUS Server RIP processes PostScript®, XPS and PDF files natively in one RIP engine so you can print multiple file formats with a consistent high-quality result. Printers don’t need to flatten transparencies either because the Harlequin RIP has handled live transparency since Version 6.0 in 2002.”

For details of the special offer print shops should either register to upgrade their RIP at www.harlequin.com or contact their preferred dealer or reseller.

Editors notes

Contact

Jill Taylor/Global Graphics
+44 1954 283074

Jill.Taylor@globalgraphics.com

Global Graphics releases Jaws PDF Server Suite v.5.0

Global Graphics announces the launch of JAWS PDF SERVER SUITE v5.0, the ultimate group-wide solution to fast, predictable and optimized PDF file creation. Ideally suited to both small businesses as well as the Enterprise, JAWS PDF SERVER SUITE v5.0 consolidates an organization’s electronic document creation needs into a powerful, yet easy-to-use, centralized PDF file generation solution.

JAWS PDF SERVER SUITE v5.0 provides IT administrators with both desktop-based and server-based PDF file creation tools, as well as PDF file manipulation, annotation, merge and forms functionality for each desktop user. The creation of an optimized, high-quality PDF file is as easy as “printing” to a virtual networked printer or, for Microsoft® Office™ users, simply clicking an application toolbar icon.

Version 5.0 of JAWS PDF SERVER SUITE includes a number of new technical and productivity features that further facilitate both deployment and usability:

The introduction of 64-bit client and server support, in addition to the existing support of 32-bit architecture. JAWS PDF SERVER SUITE v5.0 supports 64-bit server installations of Microsoft® Windows™ XP Pro and Windows™ 2003, and client versions of Windows™ XP Pro.
Support of both 32-bit and 64-bit versions of Windows™ Vista™ (“Business”, “Ultimate” and “Enterprise”).
Easy-to-use “One Click” structured PDF file generation directly from toolbar icons in Microsoft® Office™ 2007 (Word™ 2007 and PowerPoint™ 2007), in addition to the existing support of toolbar PDF file creation from within Microsoft® Office™ 2003.
Macros supported in Microsoft Office 2007.

Reflecting the changes in server and client hardware purchasing, v5.0 of JAWS PDF SERVER SUITE drops support of clients running Apple® OS 9.x or Linux operating systems, or servers running Microsoft® Windows™ 2000 Server. Please note that Mac OS X (v10.3.5 to 10.5.x) clients continue to be supported.

JAWS PDF SERVER v5.0 PLATFORM SUPPORT SUMMARY
Server Platforms (32-bit and 64-bit systems)
Windows 2003 Server, XP Pro.
Windows 2003 Server running Terminal Services
Windows 2003 Server running Citrix Metaframe Presentation Server 4.5

Client Platforms (32-bit and 64-bit systems)
Windows XP Pro, Vista
Microsoft Office 2003 and 2007
Mac OS X (10.3.5 or higher)

Editors notes

About Global Graphics:
Global Graphics Software http://www.globalgraphics.com) is the technology expert for open document and print solutions committed to the continuous development of industry standards. It is a leading developer and supplier of sophisticated high performance RIPs, electronic document, workflow and color solutions mostly to a customer base of Independent Hardware Vendors, system integrators, software developers and resellers. These partners include the world’s leading vendors of digital pre-press systems, large-format color printers, color proofing systems, copiers and printers for the corporate and SOHO markets and software applications. Jaws PDF creation tools have been developed since the format’s inception in 1993. Global Graphics Software is a subsidiary of Global Graphics S.A. (NYSE Euronext:GLOG)

Global Graphics, the smarter alternative, Jaws, the Jaws logo, Jaws PDF Server, Jaws PDF Editor and Jaws PDF Creator are trademarks of Global Graphics Software Limited which may be registered in certain jurisdictions. Global Graphics is a trademark of Global Graphics S.A. which may be registered in certain jurisdictions. Adobe, Acrobat and PostScript are trademarks 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. Global Graphics makes no warranty and accepts no liability for any loss or damage arising from the use of information or particulars in this document.

Contact

Resultaten Global Graphics Derde Kwartaal 2008

De vergelijking van het derde kwartaal 2008 met hetzelfde kwartaal vorig jaar omvat:

Omzet van 2,9 miljoen euro dit kwartaal (3,2 miljoen euro tegen wisselkoersen van het derde kwartaal 2007) vergeleken met 3,5 miljoen euro in het derde kwartaal 2007;
Bedrijfswinst van 0,1 miljoen euro voor dit kwartaal, vergeleken met 0,9 miljoen euro in het derde kwartaal 2007;
Aangepaste bedrijfswinst van 0,1 miljoen euro voor dit kwartaal, vergeleken met 0,3 miljoen euro in het derde kwartaal 2007;
Aangepaste winst vóór belastingen van nominale waarde voor dit kwartaal (of een winst van 0,0 euro per aandeel) vergeleken met een aangepaste winst vóór belastingen van 0,3 miljoen euro (of 0,03 euro per aandeel), voor het derde kwartaal 2007;
Nettoverlies van nominale waarde voor dit kwartaal (of een verlies van 0,00 euro per aandeel), vergeleken met een nettowinst van 0,5 miljoen euro in het derde kwartaal 2007 (of 0,05 euro per aandeel);
Aangepast nettoverlies van nominale waarde voor dit kwartaal (of een verlies van 0,0 euro per aandeel), tegenover een aangepaste nettowinst van 0,1 miljoen euro voor het derde kwartaal 2007 (of een winst van 0,01 euro per aandeel).

Gary Fry, Chief Executive Officer stelde, "Hoewel het bemoedigend is om vast te stellen dat de omzet verhoogt en we terug aanknopen met bedrijfswinst t.o.v. vorig kwartaal, moeten we nog een belangrijke groei ontwikkelen voor de onderneming. We groeien van 2,6 miljoen euro in het tweede kwartaal naar 2,9 miljoen euro in dit kwartaal. Het belangrijkste verschil tussen het derde kwartaal 2007 en dat van 2008 komt van de omzeterkenning toegewezen aan drie contracten die in november 2006 getekend werden. Hoewel we nog niet negatief beïnvloed werden door de recente wereldwijde economische crisis, blijven we behoedzaam voor het effect dat die zou kunnen hebben op de sector in zijn geheel.

“In mijn eerste volledige kwartaal als CEO van Global Graphics verheugt het mij te kunnen melden dat we vier nieuwe contracten konden afsluiten over al onze productlijnen heen en dat, vooruitkijkend, de pijplijn bemoedigend is. Ik ben blij met wat ik ontdekt heb tijdens mijn eerste kwartaal en ik heb vertrouwen in de vooruitzichten voor Global Graphics op lange termijn.”

Prestatie van het derde kwartaal
De kwartaalomzet bedroeg 2,9 miljoen euro, vergeleken met 3,5 miljoen in het derde kwartaal 2007, of een daling van 19,2% bij de huidige wisselkoersen. De daling van de omzet t.o.v. het derde kwartaal van 2007 komt in de eerste plaats van het verschil tussen de omzet erkend in de beide kwartalen met betrekking tot de drie contracten die in november 2006 werden aangekondigd, goed voor 0,4 miljoen euro en vervolgens van de weerslag van de tegenvallen wisselkoersschommelingen voor een totaal van 0,3 miljoen euro, waarbij de gemiddelde euro/dollar koers viel naar 1,505 in het voorbije kwartaal t.o.v. 1,377 in het derde kwartaal van 2007.

De totale bedrijfskosten bedroegen dit kwartaal 2,7 miljoen euro, net als in het tweede kwartaal van dit jaar, t.o.v. 2,5 miljoen euro in het derde kwartaal van 2007.

De onderneming rapporteerde een bedrijfswinst van 0,1 miljoen euro voor dit kwartaal (of 3,0% van de kwartaalomzet), ten opzichte van 0,9 miljoen euro in het derde kwartaal van 2007 (of 25,3% van de omzet van het derde kwartaal van 2007).

De onderneming rapporteerde een nominaal aangepaste bedrijfswinst (zoals gedefinieerd in de onderstaande tabel) voor dit kwartaal (of 1,4% van de kwartaalomzet), t.o.v. een aangepaste bedrijfswinst van 0,3 miljoen euro in het derde kwartaal 2007 (of 8,9% van de omzet van het derde kwartaal 2007).

De onderneming rapporteerde voor dit kwartaal een nominale aangepaste winst vóór belastingen (zoals gedefinieerd in de onderstaande tabel) t.o.v. een aangepaste winst vóór belastingen van 0,3 miljoen euro voor het derde kwartaal van 2007. Bijgevolg bedroeg de aangepaste nettowinst vóór belastingen per aandeel dit kwartaal 0,00 euro, t.o.v. een winst van 0,03 euro in het derde kwartaal 2007.

De onderneming rapporteerde een nominaal nettoverlies voor het derde kwartaal (of een verlies van 0,00 euro per aandeel) tegenover een nettowinst van 0,5 miljoen euro in het derde kwartaal van 2007 (of 0,05 euro winst per aandeel).

De onderneming rapporteerde voor het derde kwartaal een nominaal aangepast nettoverlies (zoals gedefinieerd in de onderstaande tabel) tegenover een aangepaste nettowinst van 0,1 miljoen euro in dezelfde periode van 2007. Bijgevolg was het aangepaste nettoverlies per aandeel voor dit kwartaal 0,00 euro, tegenover een winst van 0,01 euro in het derde kwartaal 2007.

Prestatie voor de eerste negen maanden
De omzet van de eerste negen maanden van 2008 bedroeg 8,4 miljoen euro, t.o.v. 12,9 miljoen euro in dezelfde periode van 2007, of een daling met 34,6% tegen de huidige wisselkoersen. De daling van de omzet van de eerste negen maanden tegenover de zelfde periode van 2007 vloeit in de eerste plaats voort uit het verschil tussen de omzet die erkend werd met betrekking tot de drie contracten die in november 2006 werden aangekondigd, goed voor een totaal van 2,7 miljoen euro en vervolgens uit de tegenvallende koersschommelingen, voor een bedrag van 1,0 miljoen euro, waarbij de gemiddelde euro/dollar koersverhouding terugviel naar een gemiddelde van 1,521 voor de eerste 9 maanden van 2008, t.o.v. een gemiddelde van 1,343 voor dezelfde periode in 2007.

De totale bedrijfskosten van de eerste negen maanden van 2008 bedroegen 8,1 miljoen euro, tegenover 8,4 miljoen euro tijdens dezelfde periode van 2007. In de bedrijfskosten van de eerste negen maanden zaten eenmalige uitgaven voor een totaal bedrag van 0,5 miljoen euro die verband houden met kosten als gevolg van de wijziging van de CEO op het einde van juni 2008, en met het afvloeiingsprogramma dat in januari 2008 werd doorgevoerd.

De onderneming rapporteerde voor de eerste negen maanden van 2008 een nominaal bedrijfsverlies (of 0,4 % van de periodeomzet), ten opzichte van een bedrijfswinst van 4,1 miljoen euro voor dezelfde periode van 2007 (of 32,1% van de periodeomzet voor 2007).

De onderneming rapporteerde een nominale aangepaste bedrijfswinst (zoals gedefinieerd in de onderstaande tabel) voor de eerste negen maanden (of 0,1% van de periodeomzet), vergeleken met een aangepaste bedrijfswinst van 2,4 miljoen euro voor dezelfde periode in 2007 (of 18,6% van de periodeomzet in 2007).

De aangepaste winst vóór belastingen (zoals gedefinieerd in de onderstaande tabel) was 0,2 miljoen euro voor de eerste negen maanden van 2008 tegenover 2,4 miljoen euro voor dezelfde periode van 2007. Bijgevolg bedroeg de aangepaste winst vóór belastingen 0,02 euro voor de eerste negen maanden van 2008 tegenover 0,23 euro voor dezelfde periode van 2007.

De onderneming rapporteerde voor de eerste negen maanden van 2008 een nettoverlies van 0,4 miljoen euro (of een verlies van 0,04 euro per aandeel) t.o.v. een nettowinst van 3,3 miljoen euro (of een winst van 0,32euro per aandeel) voor dezelfde periode van 2007.

De onderneming rapporteerde voor de eerste negen maanden van 2008 een aangepast nettoverlies (zoals gedefinieerd in de onderstaande tabel) van 0,2 miljoen euro t.o.v. een aangepaste nettowinst van 2,2 miljoen euro voor dezelfde periode van 2007. Bijgevolg bedroeg het aangepaste nettoverlies vóór belastingen 0,02 euro per aandeel voor de eerste negen maanden van 2008 tegenover een winst per aandeel van 0,21 euro voor dezelfde periode van 2007.

Financiële situatie per 30 september 2008
De onderneming rapporteerde een netto kaspositie van 4,7 miljoen euro op 30 september 2008, t.o.v. 4,1 miljoen euro op 31 december 2007, of een nettogroei van 0,6 miljoen euro tijdens de eerste negen maanden van 2008.

Vooruitzicht voor het jaar 2008
Gary Fry voegde er aan toe: “Tijdens het vierde kwartaal zullen we onze langetermijn groeistrategie verder verfijnen. We werken ook aan verscheidene opportuniteiten doorheen het portfolio van Global Graphics welke op langere termijn vruchten zullen afwerpen. Ik bevestig dat de toestand voor het ganse jaar in lijn ligt met de vooruitzichten die we in onze vroegere rapportering hebben gemeld.

“We bevinden ons in de laatste etappes van de eerste release van de nieuwe serie van eDoc-producten die Global Graphics een waaier van oplossingen zal opleveren die belangrijk en betekenisvol zijn binnen en buiten de drukmarkt. Dit zal ondersteund worden door een veel actiever sales en marketing plan. We stellen vast dat er een stevige en gestage stroom is van upgrades voor Harlequin 8. Tijdens het vierde kwartaal zullen we een volledige ondersteuning lanceren voor een andere druktaal (PCL); deze toevoeging aan Harlequin zal ons nog competitiever maken in de markt van de kantoordrukkers.

Programma voor inkoop van aandelen
In september 2008 kocht de Onderneming 10.000 eigen aandelen terug in. De Onderneming heeft het voornemen om nog verder eigen aandelen in te kopen op de tijdstippen en in de hoeveelheden die zij geschikt acht.

Praktische details over de telefoonconferentie m.b.t. de resultaten van het derde kwartaal van 2008
Global Graphics houdt vandaag, 17 oktober 2008, om 09u30 CET een telefoonconferentie in het Engels. Deelnemers dienen te telefoneren naar +44 20 7162 0125 en zich te melden met “Global Graphics quarterly results conference call”. Het gesprek is daarna nog gedurende 7 werkdagen te beluisteren door te bellen naar +44 20 7031 4064, toegangscode 813365.

Bekendmaking van de resultaten voor het vierde kwartaal 2008 en het volledige jaar 2008
Global Graphics verwacht de resultaten voor het kwartaal en voor het volledige jaar eindigend op 31 december 2008, bekend te maken op 11 februari 2009 vóór beurstijd.

Editors notes

Over Global Graphics

Global Graphics (http://www.globalgraphics.com) is een toonaangevende ontwikkelaar van open document technologie en drukoplossingen. Het levert krachtige en gesofistikeerde softwarecomponenten voor de grafische en commerciële drukindustrie, voor de markt van digitale druk en voor PDF (Portable Document Format) software toepassingen. Global Graphics verkoopt zijn RIP, PDF, workflow en kleurentoepassingen aan een klantenkring die hoofdzakelijk bestaat uit apparatuurproducenten (OEMs), integratoren, softwareontwikkelaars en distributeurs. Deze partners omvatten de meeste belangrijke spelers in de digitale pre-press wereld, breedformaatkleurenprinters, kleurproefystemen, digitale kopieerapparaten, printers voor de kantoor- en SOHO-markt en een brede waaier van toonaangevende softwaretoepassingen.

Toekomstgerichte verklaringen
Dit persbericht bevat, naast historische informatie, toekomstgerichte verklaringen die risico’s en onzekerheden inhouden. Dit omvat verklaringen aangaande de groei- en expansieplannen van de onderneming, haar financiering en de verwachte resultaten voor toekomstige perioden. Dergelijke verklaringen steunen op de huidige verwachtingen van het management en zijn onderhevig aan een aantal onzekerheden en risico’s die ertoe zouden kunnen leiden dat de feitelijke resultaten materieel verschillen van die beschreven in de toekomstgerichte verklaringen. Hoewel het management ervan overtuigd is dar zijn verwachtingen die in de toekomstgerichte verklaringen naar voren komen redelijk zijn, gebaseerd op de thans beschikbare informatie, kan het aan niemand garanderen dat de verwachtingen juist zullen blijken. Dienovereenkomstig is het aangewezen dat lezers niet louter en alleen op deze toekomstgerichte verklaringen vertrouwen. In ieder geval zijn deze verklaringen van toepassing op de datum van deze persmededeling. De vennootschap neemt geen enkele verplichting op zich om de hier geuite verklaringen te herzien of te actualiseren teneinde gebeurtenissen of omstandigheden van na de datum van deze mededeling of nieuwe informatie of het voorkomen van onvoorziene gebeurtenissen te reflecteren.

Contact

Alain Pronost, CFO

Tel.: + 33 6 62 60 56 51
Jill Taylor, Director of Corporate Communications

Tel: + 44 1954 283 074

Global Graphics : Resultats du Troisieme Trimestre 2008

La comparaison des chiffres-clés du troisième trimestre 2008 avec ceux du troisième trimestre 2007 met en exergue les éléments suivants :

un chiffre d’affaires consolidé de 2,9 millions d’euros ce trimestre (3,2 millions d’euros à taux de change constants), contre 3,5 millions d’euros au troisième trimestre 2007,
un résultat d’exploitation positif de 0,1 million d’euros ce trimestre, à comparer au bénéfice d’exploitation de 0,9 millions d’euros réalisé au troisième trimestre 2007,
un résultat d’exploitation retraité positif de 0,1 million d’euros ce trimestre, à comparer au résultat d’exploitation retraité positif de 0,3 million d’euros réalisé au troisième trimestre 2007,
un résultat avant impôt retraité légèrement positif (égal à € 0,00 par action) ce trimestre, à comparer au résultat avant impôt retraité positif de 0,3 million d’euros (soit un bénéfice de € 0,03 par action) réalisé au troisième trimestre 2007,
un résultat net légèrement négatif (égal à € 0,00 par action) ce trimestre, à comparer au bénéfice net de 0,5 million d’euros (soit un bénéfice de € 0,05 par action) réalisé au troisième trimestre 2007,
un résultat net retraité légèrement négatif (égal à € 0,00 par action) ce trimestre, à comparer au résultat net retraité positif de 0,1 million d’euros (soit un bénéfice de € 0,01 par action) réalisé au troisième trimestre 2007.

Gary Fry, directeur général de Global Graphics, a commenté ces résultats comme suit : “malgré le retour à un résultat d’exploitation positif et la croissance des ventes par rapport au trimestre précédent, qui passent de 2,6 millions d’euros au deuxième trimestre 2008 à 2,9 millions d’euros ce trimestre, nous avons encore beaucoup à faire pour remettre le Groupe sur le chemin de la croissance. Il est à noter que le repli du chiffre d’affaires entre les troisièmes trimestres 2008 et 2007 a pour principale origine la variation du montant de chiffre d’affaires comptabilisés au cours de chacune des ces périodes au titre des trois contrats dont nous avions annoncés la conclusion en novembre 2006. Bien que nous n’ayons pas été significativement affectés par la crise économique récente, nous restons très prudents quant aux effets qu’elle pourrait avoir sur l’ensemble de notre industrie.”

“Au terme des mes trois premiers mois à la tête de Global Graphics, je suis heureux d’annoncer que, durant cette période, nous avons signé quatre nouveaux contrats qui touchent à l’ensemble de nos produits, et que les perspectives commerciales sont encourageantes. Je suis tout à fait satisfait par ce que j’ai découvert du Groupe au cours de cette période et tiens à affirmer ici ma confiance dans ses perspectives à long terme.”

Résultats du troisième trimestre 2008
Le chiffre d’affaires (CA) consolidé s’est élevé à 2,9 millions d’euros ce trimestre, contre 3,5 millions d’euros au troisième trimestre 2007, soit un repli de 19,2% à taux de change courants.
Le repli du chiffre d’affaires constaté au troisième trimestre 2008 par rapport au troisième trimestre 2007 découle premièrement, de la variation du montant de chiffre d’affaires comptabilisé au cours de chacune des ces périodes au titre des trois contrats dont nous avions annoncé la conclusion en novembre 2006, qui s’établit à 0,4 million d’euros, et deuxièmement, de l’effet défavorable, à hauteur de 0,3 million d’euros, de la variation des parités de change d’une période à l’autre, le taux de change moyen entre l’euro et le dollar américain passant de 1,377 dollars pour 1 euro au troisième trimestre 2007 à 1,505 dollars pour 1 euro au troisième trimestre 2008.

Les charges d’exploitation se sont élevées à 2,7 millions d’euros ce trimestre comme au trimestre précédent, contre 2,5 millions d’euros au troisième trimestre 2007.

Le Groupe a dégagé un résultat d’exploitation positif de 0,1 million d’euros ce trimestre (soit 3,0% du CA du trimestre), à comparer au résultat d’exploitation positif de 0,9 million d’euros réalisé au troisième trimestre 2007 (soit 25,3% des ventes de la période correspondante).

Le Groupe a dégagé un résultat d’exploitation retraité, tel que défini dans un tableau ci-après, légèrement positif ce trimestre (soit 1,4% du CA de la période), à comparer au résultat positif de 0,3 million d’euros dégagé à ce titre au troisième trimestre 2007 (soit 8,9% des ventes de la période correspondante).

Le Groupe a dégagé un résultat avant impôt retraité, tel que défini dans un tableau ci-après, légèrement positif ce trimestre, à comparer avec un résultat positif de 0,3 million d’euros au troisième trimestre 2007, conduisant à un résultat avant impôt retraité égal à € 0,00 par action ce trimestre, contre un résultat avant impôt retraité égal à € 0,03 par action au troisième trimestre 2007.

Le Groupe a dégagé un résultat net légèrement négatif ce trimestre (égal à € 0,00 par action), à comparer à un résultat net positif de 0,5 million d’euros (soit un bénéfice de € 0,05 par action) au troisième trimestre 2007.

Le Groupe a dégagé un résultat net retraité légèrement négatif ce trimestre (égal à € 0,00 par action), à comparer à un résultat net retraité positif de 0,1 million d’euros (soit un bénéfice de € 0,01 par action) au troisième trimestre 2007

Résultats des neuf premiers mois de l’exercice 2008
Le chiffre d’affaires des neuf premiers mois de l’exercice 2008 s’est élevé à 8,4 millions d’euros, contre 12,9 millions d’euros pour la même période de 2007, soit un repli de 34,6% à taux de change courants.
Le repli du chiffre d’affaires constaté au terme des neuf premiers mois de 2008 par rapport aux neuf premiers mois de 2007 découle premièrement, de la variation du montant de chiffre d’affaires comptabilisé au cours de chacune des ces périodes au titre des trois contrats dont nous avions annoncé la conclusion en novembre 2006, qui s’établit à 2,7 millions d’euros, et deuxièmement, de l’effet défavorable, à hauteur d’un million d’euros, de la variation des parités de change d’une période à l’autre, le taux de change moyen entre l’euro et le dollar américain passant de 1,343 dollars pour 1 euro au titre des neuf premiers mois de 2007 à 1,521 dollars pour 1 euro pour la même période de l’exercice en cours.

Les charges d’exploitation des neuf premiers mois de l’exercice 2008 se sont élevées à 8,1 millions d’euros, contre 8,4 millions d’euros pour la même période de 2007. Ces charges comprennent des charges non récurrentes, pour un total de 0,5 million d’euros, relatives aux coûts supportés par le Groupe au titre du changement de directeur général intervenu à la fin du mois de juin 2008, et aux coûts du plan de licenciement mis en œuvre au mois de janvier 2008.

Le Groupe a dégagé un résultat d’exploitation légèrement négatif au titre des neuf premiers mois de 2008 (soit 0,4% du CA de la période), à comparer au résultat d’exploitation positif de 4,1 millions d’euros réalisé au titre des neuf premiers mois de l’exercice 2007 (soit 32,1% des ventes de la période correspondante).

Le Groupe a dégagé un résultat d’exploitation retraité (tel que défini dans un tableau ci-après) légèrement positif au titre des neuf premiers mois de 2008 (soit 0,1% du CA de la période), à comparer au résultat positif de 2,4 millions d’euros dégagé à ce titre au titre des neuf premiers mois de l’exercice 2007 (soit 18,6% des ventes de la période correspondante).

Le Groupe a dégagé un résultat avant impôt retraité (tel que défini dans un tableau ci-après) positif de 0,2 million d’euros au titre des neuf premiers mois de 2008, à comparer avec un résultat positif de 2,4 millions d’euros au troisième trimestre 2007, conduisant à un résultat avant impôt retraité égal à € 0,02 par action au titre des neuf premiers mois de 2008, contre un résultat avant impôt retraité égal à € 0,23 par action au titre des neuf premiers mois de 2007.

Le Groupe a dégagé un résultat net négatif de 0,4 million d’euros au titre des neuf premiers mois de 2008 (soit une perte de € 0,04 par action), à comparer à un résultat net positif de 3,3 millions d’euros (soit un bénéfice de € 0,32 par action) au titre des neuf premiers mois de 2007.

Le Groupe a dégagé un résultat net retraité négatif de 0,2 million d’euros au titre des neuf premiers mois de 2008 (soit une perte de € 0,02 par action), à comparer à un résultat net positif de 2,2 millions d’euros au titre des neuf premiers mois de 2007(soit un bénéfice de € 0,21 par action).

Situation financière au 30 septembre 2008
Le Groupe disposait d’une trésorerie nette de 4,7 millions d’euros au 30 septembre 2008, en hausse de 0,6 million d’euros par rapport aux 4,1 millions d’euros dont il disposait au terme de l’exercice 2007.

Perspectives pour l’exercice en cours
Monsieur Gary Fry a poursuivi comme suit : “au cours du trimestre en cours, nous allons continuer à préciser notre stratégie pour assurer au Groupe une croissance pérenne. Nous sommes par ailleurs engagés dans nombre d’actions commerciales couvrant l’ensemble de son portefeuille produits qui porteront leurs fruits sur le long terme. Je veux ici confirmer que nous serons en ligne au terme de l’exercice 2008 avec les indications données lors de la précédente publication de résultats intermédiaires. ”

“Le Groupe est sur le point de lancer la première mouture d’une famille de produits articulée autour de ses technologies en matière de gestion de documents électroniques, qui lui permettront de disposer de solutions pertinentes et à haute valeur ajoutée pour les acteurs tant du secteur de l’impression qu’au-delà de ce secteur : ce lancement sera accompagné d’un ensemble de mesures commerciales et de promotion de ces produits.
Nous observons en outre une montée régulière et soutenue du nombre de mises à jour vers la version 8 de son produit phare, le RIP Harlequin. Avant la fin du trimestre en cours, le Groupe va y adjoindre une fonctionnalité d’interprétation de fichiers au format PCL en mode natif, ce qui le rendra plus concurrentiel encore dans le marché de l’impression de bureau (office print market).”

Programme de rachat d’actions propres
Le Groupe a racheté 10 000 de ses actions propres au mois de septembre 2008. La direction du Groupe entend poursuivre ses rachats dans des proportions et aux moments qu’elle jugera opportuns.

Conférence téléphonique sur les résultats du troisième trimestre 2008
Global Graphics organise aujourd’hui à 09.30 (heure de Bruxelles) une conférence téléphonique sur ces résultats. Les personnes voulant y prendre part doivent composer le +44(0) 207 162 0125 et indiquer "Global Graphics quarterly results conference call" à l’opératrice.
Il sera possible de réécouter cette conférence au cours des sept jours ouvrés à venir en composant soit le + 44 (0)207 031 4064, soit le numéro vert 0800 358 1860 (accessible uniquement depuis le Royaume Uni), puis en composant le code d’accès 813365.

Annonce des résultats du quatrième trimestre et de l’exercice 2008
Global Graphics prévoit d’annoncer les résultats consolidés du quatrième trimestre et de l’exercice 2008 le 11 février 2009 avant l’ouverture du marché.

Editors notes

A propos de Global Graphics

Global Graphics (www.globalgraphics.com) est un groupe leader dans le développement et la commercialisation de solutions logicielles complexes et à haute performance, répondant aux besoins des secteurs de l’impression numérique et de l’impression de labeur, et en matière de gestion de documents électroniques. Le Groupe commercialise ses solutions en matière de vectorisation de données pour la création d’images numériques (RIP), de création, gestion et édition de documents électroniques, de gestion de flux de documents (workflow) et de rendu des couleurs (color management) principalement à des fabricants d’équipements, des intégrateurs de systèmes, des sociétés de développement informatique, et des revendeurs. Le Groupe compte parmi ses clients les plus grands fabricants mondiaux de systèmes pré-presse numériques, d’imprimantes couleur grand format, de systèmes d’épreuves couleur, de copieurs et d’imprimantes pour les marchés professionnels, des grandes entreprises ou des PME, ainsi que pour l’usage privé ou en libéral, ainsi qu’une grande variété de sociétés de développement logiciel.

Précisions sur les affirmations à caractère prévisionnel (forward-looking statements)
Ce communiqué de presse contient, en plus d’informations historiques, des affirmations à caractère prévisionnel qui sont fondées sur des hypothèses, qui impliquent la prise en compte de certains risques ainsi que d’incertitudes. Ces affirmations à caractère prévisionnel englobent aussi bien des affirmations relatives à la croissance et aux projets d’expansion du Groupe que des affirmations sur des résultats prévus pour des périodes futures. De telles affirmations sont basées sur les prévisions actuelles de la direction du Groupe et sont sujettes à un certain nombre d’aléas quant à leur réalisation, qui, s’ils devaient se concrétiser, pourraient conduire à ce que les résultats réels s’avèrent être significativement différents de ceux énoncés dans les présentes affirmations à caractère prévisionnel. Bien que la direction du Groupe estime que les prévisions refletées dans lesdites affirmations sont raisonnables compte tenu des informations à sa disposition, elle ne peut garantir à quiconque que ces prévisions s’avéreront finalement exactes. En conséquence, aucun tiers ne devrait accorder une importance exagérée et hors de propos à ces affirmations. En toute hypothèse, ces affirmations à caractère prévisionnel n’ont de valeur qu’à la date du présent communiqué de presse. Le Groupe n’a d’obligation, ni de revoir, ni d’amender ces affirmations sur la base d’informations postérieures à la date de publication du présent communiqué de presse, du fait d’informations nouvelles,ou de survenance d’événements non prévus à la présente date.

Contact

Alain Pronost, directeur financier groupe

Tél. : + 33 6 62 60 56 51
Jill Taylor, responsable de la communication

Tél. : + 44 1954 283 074

Global Graphics reports third quarter 2008 results

Comparisons for the third quarter 2008 with the third quarter of the previous year include:

Sales of Euro 2.9 million this quarter (Euro 3.2 million at Q3 2007 exchange rates) compared with Euro 3.5 million in Q3 2007;
Operating profit of Euro 0.1 million this quarter, compared with an operating profit of Euro 0.9 million in Q3 2007;
Adjusted operating profit of Euro 0.1 million this quarter, compared with an adjusted operating profit of Euro 0.3 million in Q3 2007;
Adjusted pre-tax profit of a nominal value this quarter (or a profit of Euro 0.00 per share), compared with an adjusted pre-tax profit of Euro 0.3 million in Q3 2007 (or a profit of Euro 0.03 per share);
Net loss of a nominal value this quarter (or a loss of Euro 0.00 per share), compared with a net profit of Euro 0.5 million in Q3 2007 (or a profit of Euro 0.05 per share); and
Adjusted net loss of a nominal value this quarter (or a loss of Euro 0.00 per share), compared with an adjusted net profit of Euro 0.1 million in Q3 2007 (or a profit of Euro 0.01 per share).

Gary Fry, chief executive officer stated, "Whilst it is encouraging to see an increase in revenue and a return to operating profit from the previous quarter we still need to develop significant growth for the business. We are up from Euro 2.6 million in Q2 2008 to Euro 2.9 million in this quarter. The main difference between Q3 2007 and Q3 2008 arises from the revenue recognition accredited to three deals which were signed in November 2006. Whilst we have not yet been adversely affected by the recent global economic crisis we do remain cautious as to the impact that this could have on the industry as a whole.

“In my first full quarter as CEO for Global Graphics I am delighted to report that we have been successful in signing four new contracts across all lines of our business and, looking forward, the pipeline is encouraging. I am pleased by what I have discovered during my first quarter and I am confident about the long-term outlook for Global Graphics.”

Third quarter performance
Sales for the quarter amounted to Euro 2.9 million, compared with Euro 3.5 million in the third quarter 2007, or a decrease of 19.2% at current exchange rates. The sequential decrease in sales with the third quarter of 2007 results firstly from the difference between the amount of revenue recognized in both quarters with regards to the three contracts announced in November 2006 amounting to Euro 0.4 million, and secondly from the impact of adverse exchange rate fluctuations, for a total of Euro 0.3 million, the average Euro/US dollar rate falling to 1.505 in Q3 2008 compared with 1.377 in Q3 2007.

Total operating expenses amounted to Euro 2.7 million this quarter, as in Q2 2008, and compared with Euro 2.5 million in Q3 2007.

The Company reported an operating profit of Euro 0.1 million this quarter (or 3.0% of the quarter’s sales), compared with Euro 0.9 million in Q3 2007 (or 25.3% of Q3 2007 sales).

The Company reported a nominal adjusted operating profit (as defined in the accompanying table) for this quarter (or 1.4% of the quarter’s sales), compared with an adjusted operating profit of Euro 0.3 million in Q3 2007 (or 8.9% of Q3 2007 sales).

The Company reported a nominal adjusted pre-tax profit (as defined in the accompanying table) for this quarter, compared with an adjusted pre-tax profit of Euro 0.3 million in Q3 2007. Accordingly adjusted pre-tax EPS was a profit of Euro 0.00 this quarter, compared with a profit of Euro 0.03 in Q3 2007.

The Company reported a nominal net loss this quarter (or a loss of Euro 0.00 per share), compared with a net profit of Euro 0.5 million in Q3 2007 (or a profit of Euro 0.05 per share in Q3 2007).

The Company reported a nominal adjusted net loss (as defined in the accompanying table) this quarter, compared with an adjusted net profit of Euro 0.1 million in Q3 2007. Accordingly, adjusted net EPS was a loss of Euro 0.00 this quarter, compared with a profit of Euro 0.01 in Q3 2007.

First nine months performance
Sales for the first nine months of 2008 were Euro 8.4 million, compared with Euro 12.9 million in the same period of 2007, or a decrease of 34.6% at current exchange rates. The sequential decrease in sales with the first nine months of 2007 results firstly from the difference between the amount of revenue recognized with regards to the three contracts announced in November 2006 amounting to a total of Euro 2.7 million and secondly from adverse exchange rate fluctuations, for a total of Euro 1.0 million, the average Euro/US dollar rate falling to an average of 1.521 in the first nine months of 2008 compared with an average of 1.343 for the same period of 2007.

Total operating expenses amounted to Euro 8.1 million for the first nine months of 2008, compared with Euro 8.4 million for the same period of 2007. Included in operating expenses for the first nine months of 2008 were non-recurring expenses amounting to a total of Euro 0.5 million which related to costs incurred with regards to the change in the Chief Executive Officer position which occurred in late June 2008, and also with respect of the redundancy programme which was implemented in January 2008.

The Company reported a nominal operating loss for the first nine months of 2008 (or 0.4% of the period’s sales), compared with an operating profit of Euro 4.1 million for the same period of 2007 (or 32.1% of that period’s sales).

The Company reported a nominal adjusted operating profit (as defined in the accompanying table) for the first nine months of 2008 (or 0.1% of the period’s sales), compared with an adjusted operating profit of Euro 2.4 million for the same period of 2007 (or 18.6% of that period’s sales).

Adjusted pre-tax profit (as defined in the accompanying table) was Euro 0.2 million for the first nine months of 2008, compared with Euro 2.4 million for the same period of 2007. Accordingly adjusted pre-tax EPS was Euro 0.02 in the first nine months of 2008, compared with Euro 0.23 for the same period of 2007.

The Company reported a net loss of Euro 0.4 million for the first nine months of 2008 (or a loss of Euro 0.04 per share), compared with a net profit of Euro 3.3 million for the same period of 2007 (or a profit of Euro 0.32 per share).

The Company reported an adjusted net loss (defined in the accompanying table) of Euro 0.2 million for the first nine months of 2008, compared with an adjusted net profit of Euro 2.2 million for the same period of 2007. Accordingly, adjusted net EPS was a loss of Euro 0.02 per share for the first nine months of 2008, compared with a profit of Euro 0.21 per share for the same period of 2007.

Financial position at 30 September 2008
The Company reported a net cash position of Euro 4.7 million at 30 September 2008, compared with Euro 4.1 million at 31 December 2007, or a net increase of Euro 0.6 million over the first nine months of 2008.

Full year 2008 outlook
Gary Fry added: “During Q4 we will be further refining our long term strategy for growth. We are also engaged in various new business opportunities across the range of the Global Graphics’ portfolio that will deliver results in the longer term. I confirm the view that our full year position is line with the outlook that we have given in previous statements.

“We are in the final stages of our first release of the new eDoc-series of products which will give Global Graphics a range of solutions that have relevance and value inside and outside of the print market; this will be supported by a far more active sales and marketing plan. We are seeing a solid and steady uptake of upgrades for Harlequin 8. During Q4 we will be releasing full native support for another print language (PCL); this addition to Harlequin will make us even more competitive in the office printer market.”

Share repurchase programme
The Company repurchased 10,000 of its shares in September 2008. It is the Company’s intention to continue to repurchase additional shares in amounts and at times deemed appropriate.

Third quarter 2008 conference call details
Global Graphics will hold a conference call today at 09.30 CET. Callers should dial +44 (0)20 7162 0125 and mention "Global Graphics quarterly results conference call" to the operator. The call will be available for replay for 7 working days by dialing number +44 (0)20 7031 4064 (freephone number UK only: 0800 358 1860), access code 813365.

Fourth quarter and full year 2008 results announcement
Global Graphics expects to announce its financial results for the quarter and the year ending 31 December 2008 on 11 February 2009 before market opening.

Editors notes

About Global Graphics

Global Graphics (http://www.globalgraphics.com) is a leading developer of technology for open document and print solutions. It provides sophisticated high performance software components to the graphic arts/commercial print and digital print markets and for PDF (Portable Document Format) software applications. The Company supplies its RIPs, PDF document, workflow and color solutions mostly to a customer base of Original Equipment Manufacturers (OEMs), system integrators, software developers and resellers. These partners include the world’s leading vendors of digital pre-press systems, large-format color printers, color proofing systems, digital copiers and printers for the corporate and SOHO (Small Office / Home Office) markets, and a wide variety of market leading software applications.

Forward-looking statements
This press release contains, in addition to historical information, forward-looking statements that involve risks and uncertainties. These include statements regarding the Company’s growth, funding, expansion plans and expected results for future periods. Such statements are based on management’s current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Although management believes that their expectations reflected in the forward-looking statements are reasonable based on information currently available to them, they cannot assure any reader that the expectations will prove to have been correct. Accordingly, any reader should not place undue reliance on these forward-looking statements. In any event, these statements speak only as of the date of this release. The Company undertakes no obligation to revise or update any of these statements to reflect events or circumstances after the date of this release, nor to reflect new information nor the occurrence of unanticipated events

Contact

Alain Pronost, CFO

Tel: + 33 6 62 60 56 51
Jill Taylor, Director of Corporate Communications

Tel: + 44 1954 283 074

Global Graphics selected to demonstrate performance capabilities of advanced MPC8536 processor from Freescale Semiconductor

Global Graphics’ embedded software is running on Freescale Semiconductor’s MPC8536E PowerQUICC® III processor at the Freescale Technology Forum in Japan to show the high-performance that it is possible to achieve in next-generation printing devices by combining a single core processor with Global Graphics’ powerful Harlequin PLUS Embedded technology. Freescale introduced the MPC8536E device today at the event.

Measuring interpretation and rendering speeds against the popular JEITA test files, the demonstration achieves speeds in excess of 70 ppm (CMYK 1 bit per pixel). Global Graphics is also making a technology presentation to show how further performance gains are possible with multi-core processing, underlining the breadth of single and multi-core solutions and price points available to peripheral manufacturers.

“We are pleased to work with Global Graphics to help meet the demanding requirements of next generation multifunction printing technology” said Don Shin, senior marketing analyst for Freescale Semiconductor’s Networking Systems Division. “By pairing the MPC8536E processor with Harlequin PLUS Embedded technology, OEMs can create advanced, high performance printing products that deliver the features and functionality required for success in today’s competitive MFP markets.”

The demonstration uses Global Graphics’ Evaluation Kit for the Harlequin PLUS Embedded SDK that allows printer manufacturers to evaluate performance on different Run Time Operating Systems and hardware platforms. In this demonstration the Harlequin PLUS Embedded RIP is outputting 1-bit screened CMYK color raster at 600dpi, and 8-bit CMYK contone color raster at 600dpi. The MPC8536DS board is configured to run its CPU at 1.5GHz (1500 MHz Core / 500 MHz CCB / 667 MHz Async DDR).

The Harlequin PLUS Embedded SDK provides fast and efficient support for multiple Page Description Language formats, including PostScript Language Levels 1, 2 and 3, PCL 5e/5c/XL, PDF 1.0 – 1.7 and XPS across a wide range of embedded controller architectures and operating systems while enabling the printer manufacturer to achieve low costs and rapid time to market.

The Harlequin PLUS Embedded SDK offers a compact and efficient software kernel with a modular architecture that enables small footprint and low memory operation. These characteristics, combined with highly configurable support for multiple PDL formats and sophisticated graphics and color handling routines, present a software solution that is suitable for a wide range of devices and whose extensive configuration options facilitate integration with printer controller software.

Flexible application programming interfaces allow for easy integration of OEM or third-party intellectual property including color management, font handling, and screening or compression/decompression technology. A scalable consumption solution enables peripheral manufacturers to add native XPS rendering on the printer controller board while minimizing the resources on that device.

Editors notes

To obtain a diagram showing the operation of the Harlequin Embedded SDK contact: jill.taylor@globalgraphics.com
About Global Graphics
Global Graphics Software (http://www.globalgraphics.com) is a recognized expert in developing technology for interpreting, rendering and converting PDLs. Its partners include the world’s leading vendors of digital pre-press systems, large-format color printers, color proofing systems, copiers and printers for the corporate and SOHO markets and software applications. Global Graphics Software is a subsidiary of Global Graphics S.A. (NYSE-Euronext:GLOG)

Global Graphics, the smarter alternative, Harlequin and the Harlequin logo are trademarks of Global Graphics Software Limited which may be registered in certain jurisdictions. Global Graphics is a trademark of Global Graphics S.A. 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 283074

Jill.Taylor@globalgraphics.com

Global Graphics debuts new generation of electronic document solutions at DMS

Global Graphics is previewing its powerful new solution for creating document and print management systems at DMS in the PDF/A Competence Centre (Hall 7, Stand G 059). The eDocument Library™ will be shown in a transactional processing application, assembling documents combining variable data and content from templates, and converting them to different document formats to illustrate the ease with which eDocument Library can be configured to support business processes, such as integrating with databases, accounting systems and producing personalized customer communication.

“eDocument Library has been developed with quality, accuracy and performance in mind”, says James Bidewell, Global Graphics’ director of eDocument sales. “ Not only can you create applications that can convert in and out of multiple document formats and faithfully retain the appearance and characteristics of the source document, but eDocument Library can generate documents quickly and process vast quantities of information at great speed, up to several hundred documents per second, distributed over multiple servers.”

Desktop and dynamic publishing expert Quark has already announced that it intends to base new features in forthcoming products on eDocument Library. Media technology specialist Dainippon Screen has launched a new application in Japan that is based on eDocument Library and allows office users to flip through the pages of multiple electronic documents on their computer monitor, just like turning the pages of a book, without the need to launch application software to view the files.

eDocument Library is a framework for document manipulation, analysis and conversion, designed to enable a very wide variety of applications that need to interact with electronic document formats. eDocument Library can be used to build applications that:

Create simple documents from database records, tracking and logging applications and other data sources
Programmatically create more complex, template-based documents for customized document delivery, whether that is part of a database report generator, an on-line information portal or a kiosk. Pages can be saved as PDF, PDF/A, PDF/X or XPS.
Integrate with scanning applications

Or simply to:

Convert documents from one format into another, for example if you need to process files submitted from outside your organization
Provide batch conversions into PDF/A for archiving purposes
Convert files as part of a migration process
Convert files for submission to another organization, such as a government agency

The engine at the heart of the eDocument Library is powerful enough to provide multiple file format conversions. Any number of Page Description Languages can be added including PDF, PostScript®, PCL, XPS, proprietary formats, and open standards such as PDF/A and PDF/X. With eDocument Library the application developer also has unprecedented access to page-level and object-level information. Via the comprehensive Application Programming Interface eDocument Library offers complete access to and manipulation of the objects, parameters and metadata of a document during the conversion process, including text, images, fonts, color space. Page-level access to documents is also possible including page orientation, bookmarks, annotations, thumbnails and page labeling.

eDocument Library will be used as the underlying technology for a range of new turnkey enterprise applications. For further information please contact sales@globalgraphics.com or Global Graphics’ distributors Actino GmbH ( info@actino.de ) and Lenzinger GmbH (sales@lenzinger.net).

Global Graphics is a long-standing advocate of industry standards, sitting on numerous international standards bodies. Martin Bailey, Global Graphics’ chief technology officer is the primary UK representative on ISO PDF/A committee.

Editors notes

Global Graphics, the smarter alternative, and eDocument Library are trademarks of Global Graphics Software Limited which may be registered in certain jurisdictions. Global Graphics is a trademark of Global Graphics S.A. 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. Global Graphics makes no warranty and accepts no liability for any loss or damage arising from the use of information or particulars in this document.

Contact

Global Graphics reports second quarter and half year 2008 results

GLOBAL GRAPHICS SA (NYSE-Euronext: GLOG), a world leading developer of technology for open document and print solutions, announces financial results for the second quarter and the first six months of the year ending 31 December 2008.

Comparisons for the second quarter of 2008 with the second quarter of the previous year include:

Sales of Euro 2.6 million this quarter (Euro 2.9 million at Q2 07 exchange rates) compared with Euro 4.4 million in Q2 2007;
Operating loss of Euro 0.3 million this quarter compared with an operating profit of Euro 1.4 million in Q2 2007;
Adjusted operating loss of Euro 0.2 million this quarter compared with an adjusted operating profit of Euro 0.8 million in Q2 2007;
Adjusted pre-tax loss of Euro 0.2 million this quarter (or a loss of Euro 0.02 per share) compared with an adjusted pre-tax profit of Euro 0.8 million in Q2 2007 (or a profit of Euro 0.08 per share);
Net loss of Euro 0.5 million this quarter (or a loss of Euro 0.05 per share) compared with a net profit of Euro 1.4 million in Q2 2007 (or a profit of Euro 0.14 per share); and
Adjusted net loss of Euro 0.5 million this quarter (or a loss of Euro 0.05 per share) compared with an adjusted net profit of Euro 1.1 million in Q2 07 (or a profit of Euro 0.10 per share).

Commenting on performance, Johan Volckaerts, Chairman, said: “These results are certainly disappointing. The background is that economic conditions, particularly in the United States, continue to be challenging. Industry consolidation in the graphic arts segment and exchange rate fluctuations between the US dollar and the Euro continue to affect us. However, the main factor that has had a sharp impact on these results is the difference in revenue recognition between Q207 and Q208 resulting from the three contracts we signed in November 2006. In Q207 we recognised Euro 1.3 million from these contracts and in Q208 only Euro 0.2 million, hence a sequential variance of Euro 1.1 million for the quarter and of Euro 2.3 million for the first six months of 2008.

“However, it is obvious that new business has not materialised in the timeframe that we expected, and that this has been responsible for the declining trend in our revenues. Under Gary Fry’s leadership, we plan to reverse this trend although we do not expect to achieve this within the next few quarters. Nevertheless, the opportunities for closing new deals with potential digital print and electronic document customers still exist and our negotiations continue with major players.”

Second quarter 2008 performance
Sales for the second quarter 2008 amounted to Euro 2.6 million, compared with Euro 4.4 million in the second quarter 2007, or a decrease of 41.5% at current exchange rates. Approximately 67.3% of the Company’s sales were denominated in US dollars this quarter (at an average rate of USD 1.561 for 1 Euro), and exchange rate fluctuations with the Euro continued to impact upon on the Company’s sales and results of operations. Had this quarter’s sales been converted at the average US dollar rate applicable in the same quarter of 2007 (i.e. USD 1.349 for 1 Euro), sales would have amounted to approximately Euro 2.9 million, representing an decrease of 34.4% over those reported in Q2 2007 at constant exchange rates.

Total operating expenses amounted to Euro 2.7 million in Q2 2008 compared with Euro 2.8 million in the same period of 2007, the same as in Q1 2008. Included in second quarter 2008 operating expenses were non-recurring expenses, which amounted to a total of Euro 0.3 million, and related to costs incurred with regards to the replacement of Jim Freidah by Gary Fry as Chief Executive Officer which occurred in late June 2008.

The Company reported an operating loss of Euro 0.3 million this quarter (or 10.1% of Q2 2008 sales), compared with Euro 1.4 million in Q2 2007 (or 31.5% of Q2 2007 sales).

Adjusted operating loss (as defined in the accompanying table) was Euro 0.2 million for this quarter (or 8.9% of the quarter’s sales), compared with an adjusted operating profit of Euro 0.8 million in Q2 2007 (or 19.0% of that quarter’s sales).

Adjusted pre-tax loss (as defined in the accompanying table) was Euro 0.2 million for this quarter, compared with an adjusted pre-tax profit of Euro 0.8 million in Q2 2007. Accordingly adjusted pre-tax EPS was a loss of Euro 0.02 this quarter compared with a profit of Euro 0.08 in Q2 2007.

The Company reported a net loss of Euro 0.5 million this quarter (or Euro 0.05 per share), compared with a net profit of Euro 1.4 million in Q2 2007 (or a profit of Euro 0.14 per share).

Adjusted net loss (as defined in the accompanying table) was Euro 0.5 million for this quarter, compared with an adjusted net profit of Euro 1.1 million in Q2 2007. Accordingly, adjusted net EPS was a loss of Euro 0.05 this quarter, compared with a profit of Euro 0.10 in Q2 2007.

First six months performance
Sales for the first six months of 2008 amounted to Euro 5.6 million, compared with Euro 9.4 million for the same period of 2007, or a decrease of 40.3% at current exchange rates. Approximately 75.2% of the Company’s sales were denominated in US dollars in the first six months of 2008 (at an average rate of USD 1.527 for 1 Euro), and exchange rate fluctuations with the Euro continued to impact upon on the Company’s sales and results of operations. Had the sales made in the first six months of 2008 been converted at the average US dollar rate applicable in the same period of 2007 (i.e. USD 1.333 for 1 Euro), sales would have amounted to approximately Euro 6.3 million, representing a decrease of 32.7% over those reported for the first six months of 2007 at constant exchange rates.

Total operating expenses amounted to Euro 5.5 million for the first six months of 2008, compared with Euro 5.8 million for the same period of 2007. Included in first six months 2008 operating expenses were non-recurring expenses amounting to a total of Euro 0.5 million which related to costs incurred with regards to the change in the Chief Executive Officer position which occurred in late June 2008, and also with respect of the redundancy programme which was implemented in January 2008.

The Company reported an operating loss of Euro 0.1 million for the first six months of 2008 (or 2.1% of the period’s sales), compared with an operating profit of Euro 3.3 million for the same period of 2007 (or 34.7% of that period’s sales).

The Company reported a nominal adjusted operating loss (as defined in the accompanying table) for the first six months of 2008 representing 0.6% of the period’s sales, compared with an adjusted operating profit of Euro 2.1 million for the same period of 2007 (or 22.2% of that period’s sales).

Adjusted pre-tax profit (as defined in the accompanying table) was Euro 0.2 million for the first six months of 2008, compared with Euro 2.1 million for the same period of 2007, or a decrease of 90.7%. Accordingly adjusted pre-tax EPS was Euro 0.02 in the first six months of 2008, compared with Euro 0.20 for the same period of 2007.

The Company reported a net loss of Euro 0.3 million for the first six months of 2008 (or a loss of Euro 0.03 per share), compared with a net profit of Euro 2.8 million for the same period of 2007 (or a profit of Euro 0.27 per share).

The Company reported an adjusted net loss (defined in the accompanying table) of Euro 0.2 million for the first six months of 2008, compared with an adjusted net profit of Euro 2.0 million for the same period of 2007. Accordingly, adjusted net EPS was a loss of Euro 0.02 per share for the first six months of 2008, compared with a profit of Euro 0.20 per share for the same period of 2007.

2008 outlook
Johan Volckaerts continued: "There are no indications that the second half of 2008 will be better than the first half, both in terms of revenues and operating profit. In view of the current volatility of the market it is not possible to provide more precise guidance.”

Second quarter 2008 conference call details
Global Graphics will hold a conference call today at 09.30 CET about its results for the second quarter and the first six months of the year ending 31 December 2008.
Callers should dial +44 (0)20 7162 0025 and mention "Global Graphics quarterly results conference call" to the operator. The call will be available for replay for 7 working days by dialing +44 (0)20 7031 4064 (freephone number UK only: 0800 358 1860), access code 803010.

Third quarter 2008 results announcement
Global Graphics expects to announce its financial results for the quarter and the nine-month period ending 30 September 2008 on Friday 17 October 2008 before market opening.

Editors notes

About Global Graphics

Global Graphics (http://www.globalgraphics.com) is a leading developer of technology for open document and print solutions. It provides sophisticated high performance software components to the graphic arts/commercial print and digital print markets and for electronic document applications. The Company supplies its RIPs, electronic document, workflow and color solutions mostly to a customer base of Original Equipment Manufacturers (OEMs), system integrators, software developers and resellers. These partners include the world’s leading vendors of digital pre-press systems, large-format color printers, color proofing systems, digital copiers and printers for the corporate and SOHO (Small Office / Home Office) markets, and a wide variety of market leading software applications.

Forward-looking statements
This press release contains, in addition to historical information, forward-looking statements that involve risks and uncertainties. These include statements regarding the Company’s growth, funding, expansion plans and expected results for future periods. Such statements are based on management’s current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Although management believes that their expectations reflected in the forward-looking statements are reasonable based on information currently available to them, they cannot assure any reader that the expectations will prove to have been correct. Accordingly, any reader should not place undue reliance on these forward-looking statements. In any event, these statements speak only as of the date of this release. The Company undertakes no obligation to revise or update any of them to reflect events or circumstances after the date of this release, nor to reflect new information nor the occurrence of unanticipated events

Contact

CFO Alain Pronost/Global Graphics
+33 6 62 60 56 51