FOR IMMEDIATE RELEASE
February 9, 2005
Scitex Vision America Appoints Cascades Resources As Agent for Canada
Netanya, Israel - Scitex Vision America, Inc., has announced that Cascades Resources, Mississauga, Ontario, has been appointed the exclusive Canadian distributor for all of its line of digital printing equipment and consumables for industrial applications including wide format graphic arts and packaging.
“We are very pleased to have this agreement with Cascades Resources, an established supplier of graphics products with a nationwide network of distribution centers in Canada,” said Steve Zunde, president of Scitex Vision America. “This arrangement will allow us to provide a higher level of service and responsiveness for existing customers while making our products available to many additional screen, sign, and packaging printers.”
Carl Best, director of business development, graphics, for Cascades Resources said: “Our new relationship with Scitex Vision is an important milestone in our efforts to build a comprehensive portfolio of digital printing solutions across all segments of the printing industry. We are confident that Scitex Vision, a leader in the market for large format solutions, will play a key role in our product offerings for many years to come.”
Among the Scitex Vision equipment Cascades Resources will market in Canada will be the Scitex Vision VEEjet+, Scitex Vision XLjet+, Scitex Vision TURBOjet, Scitex Vision CORjet Premium and Scitex Vision GOjet printers.
“This is an important first step in our plans to establish alternative distribution channels in North America,” said Scitex Vision’s Zunde. “These expanded distribution channels will allow us to concentrate on core product and technical issues while continuing our growing sales momentum in both the US and Canada. At the same time, we will be strengthening our partnership with customers and providing them with better service and faster turnaround through local stocking of parts and ink.”
Scitex Vision will continue to provide technical services and support to Canadian customers.
About Cascades Resources
Cascades Resources is a major distributor of printing process materials, graphic technology and facility supplies to businesses across Canada. The company serves the production and supply requirements of Commercial Printing, Packaging, Corporate, and National accounts. Fifteen distribution centers and custom paper converting operations allow quick-ship and staged delivery programs to meet just-in-time requirements. Representing many of the world’s leading manufacturers with sophisticated sell-through logistics and technical support, Cascades Resources is a world of resources always within reach.
About Scitex Vision Ltd.
Scitex Vision is a leading developer, manufacturer and service provider of cutting-edge digital printing presses and consumables for industrial applications including wide format graphic arts, packaging and textile. Backed by global marketing and support networks, Scitex Vision is committed to continuously provide high-quality, flexible and cost-effective solutions to printing houses all over the world. The company owns a core technology based on Aprion’s patented drop-on-demand piezo inkjet print heads and water-based inks. Scitex Vision employs more than 500 employees worldwide with headquarters located in Netanya, Israel, and subsidiaries in Atlanta, USA , Brussels, Europe and Hong Kong. The majority of the Company's shares are owned by Scitex Corporation Ltd. The Company's other principal shareholders include: Clal Industries and Investments Ltd., Discount Investment Corporation Ltd., Israel Infinity funds, Hapoalim Nechasim (Menayot) Ltd., CDI Technologies Ltd., TDA Capital funds, Toyo Ink Mfg. Co., Ltd., IBM Corporation and Hitachi Printing Solutions, Ltd.
Scitex and the Scitex logo are registered trademarks of Scitex Corporation Ltd. Scitex Vision and the Scitex Vision logo are trademarks of Scitex Vision Ltd.
Scitex Vision Ltd.
Phone: 972-9-8924819
E-Mail: Laura_Sussmann@scitexvision.com
Website URL: www.scitexvision.com
