03.15.12
12 EFI
303 Velocity Way
Foster City, CA 94404
Phone: (650) 357-3500
Fax: (650) 357-3907
www.efi.com
Sales: $592M for EFI at the corporate level; Ink World estimates $85 million in ink and consumables.
Major Products: Through its VUTEk, Jetrion and Rastek product lines, EFI is the market leader in inkjet inks and printing systems for the superwide, (e.g., billboards, signage, POP, etc.), wide format UV, label, packaging, direct mail and commercial printing markets. EFI offers a wide range of ink products for the superwide format and industrial inkjet markets, including UV-based, solvent, and eco/bio-solvent inks.
Key Personnel: Guy Gecht, CEO; Vincent Pilette, CFO; Ghilad Dziesietnik, CTO; Frank Mallozzi, SVP, worldwide sales and marketing; Scott Schinlever, SVP/GM, EFI’s Inkjet Solutions.
Number of Employees: Approximately 1,900.
Operating Facilities: 23 worldwide offices.
Electronics For Imaging, Inc. (EFI), a world leader in customer-focused digital printing innovation, recorded an excellent year in 2011, with sales up 17% year-over-year to $591.6 million.
“Our eighth consecutive quarter of double-digit revenue growth, which reflects records for both our Inkjet and APPS segments, completes a very successful year for EFI on many levels. Our team delivered 17% revenue growth in 2011, an approximate 90% increase in non-GAAP net income growth, strong cash flow from operations, and a record level of recurring revenue,” said Guy Gecht, CEO of EFI. “We are excited about the opportunities ahead and plan to accelerate our innovation while continuing to execute on our strategy enabling customers to profit from the transition of analog print to digital technology while driving efficiencies in their businesses.”
On the inkjet side of its business, EFI features its VUTEk, Rastek and Jetrion printers and inks. At the Specialty Graphic Imaging Association (SGIA) Expo, EFI’s VUTEk GS3250LX LED UV-curing printer received the Product of the Year award in the Flat-Bed-Rigid Substrate UV category. At Labelexpo 2011, EFI introduced the Jetrion 4900, an innovative UV inkjet digital printing system that combines high-quality digital printing with in-line laser finishing for label converters.
In January 2012, EFI moved into the ceramic tile market by acquiring Cretaprint S.L., Castellón, Spain, a leading developer of inkjet printers for ceramic tiles.
“As evidenced by our record revenues, we are benefitting from strong traction in our industrial inkjet segment and are excited about expanding into the ceramic tile market, which represents a tremendous growth opportunity for EFI,” said Mr. Gecht. “We have been tracking the swift transformation from analog to digital technology in tile imaging for quite some time, and have been deeply impressed with the fast growth and global leadership position of Cretaprint.”
303 Velocity Way
Foster City, CA 94404
Phone: (650) 357-3500
Fax: (650) 357-3907
www.efi.com
Sales: $592M for EFI at the corporate level; Ink World estimates $85 million in ink and consumables.
Major Products: Through its VUTEk, Jetrion and Rastek product lines, EFI is the market leader in inkjet inks and printing systems for the superwide, (e.g., billboards, signage, POP, etc.), wide format UV, label, packaging, direct mail and commercial printing markets. EFI offers a wide range of ink products for the superwide format and industrial inkjet markets, including UV-based, solvent, and eco/bio-solvent inks.
Key Personnel: Guy Gecht, CEO; Vincent Pilette, CFO; Ghilad Dziesietnik, CTO; Frank Mallozzi, SVP, worldwide sales and marketing; Scott Schinlever, SVP/GM, EFI’s Inkjet Solutions.
Number of Employees: Approximately 1,900.
Operating Facilities: 23 worldwide offices.
Electronics For Imaging, Inc. (EFI), a world leader in customer-focused digital printing innovation, recorded an excellent year in 2011, with sales up 17% year-over-year to $591.6 million.
“Our eighth consecutive quarter of double-digit revenue growth, which reflects records for both our Inkjet and APPS segments, completes a very successful year for EFI on many levels. Our team delivered 17% revenue growth in 2011, an approximate 90% increase in non-GAAP net income growth, strong cash flow from operations, and a record level of recurring revenue,” said Guy Gecht, CEO of EFI. “We are excited about the opportunities ahead and plan to accelerate our innovation while continuing to execute on our strategy enabling customers to profit from the transition of analog print to digital technology while driving efficiencies in their businesses.”
On the inkjet side of its business, EFI features its VUTEk, Rastek and Jetrion printers and inks. At the Specialty Graphic Imaging Association (SGIA) Expo, EFI’s VUTEk GS3250LX LED UV-curing printer received the Product of the Year award in the Flat-Bed-Rigid Substrate UV category. At Labelexpo 2011, EFI introduced the Jetrion 4900, an innovative UV inkjet digital printing system that combines high-quality digital printing with in-line laser finishing for label converters.
In January 2012, EFI moved into the ceramic tile market by acquiring Cretaprint S.L., Castellón, Spain, a leading developer of inkjet printers for ceramic tiles.
“As evidenced by our record revenues, we are benefitting from strong traction in our industrial inkjet segment and are excited about expanding into the ceramic tile market, which represents a tremendous growth opportunity for EFI,” said Mr. Gecht. “We have been tracking the swift transformation from analog to digital technology in tile imaging for quite some time, and have been deeply impressed with the fast growth and global leadership position of Cretaprint.”