SWITERLAND: Datacolor Plans IPO For Fall 2000
Dynamic Growth From New Technologies
Datacolor is one of the leading providers of color management and color communication solutions to the textiles, paint, ink, plastics and paper industry, with annual revenues over CHF 100 Mio. Its "Colorite" software has established a leadership position in the fast growing market for digital communication of color over the Internet, linking designers, manufacturers and retailers. With the acquisition of technologies from Color Vision LLC, Lucid Inc, and Horses LLC, Datacolor is in a position to offer a range of systems to calibrate monitors and digital color printers, and to accurately display and print color images. Based on a competitive price/performance relationship, these products are now for the first time available to a broad segment of digital imaging users. Datacolor plays a pioneering role in developing this promising market.
Datacolor is located in Lawrenceville, New Jersey, USA and Dietlikon, Switzerland. It develops software in both locations, while the manufacturing of color instruments is concentrated in Lawrenceville. Datacolor also has a number of sales offices as well as over 60 distributors and agents throughout the world, thus maintaining a powerful sales, service and support organization.
Broad Base, Increased Attractiveness
With the planned initial public offering, Eichhof broadens Datacolor's financial base to fund further growth initiatives in the areas of digital color communication and color measurement. Datacolor obtains direct access to capital markets and can use its own shares for the purpose of acquisitions. As is the case for many other international growth companies, an incentive plan will increase the attractiveness of Datacolor as an employer, as well as the motivation and loyalty of all employees.
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