| | Business Summary | | Scitex
Corporation
Ltd.
designs,
develops,
manufactures,
markets
and
supports
digital
graphics
communications
products
and
solutions.
These
operations
principally
comprise
two
related
businesses,
digital
printing
and
digital
preprint,
together
with
certain
Internet-related
communications
products
and
services,
operating
within
a
single
industry.
The
Company's
digital
printing
operations
are
comprised
of
the
wholly
owned
Scitex
Digital
Printing,
Inc.
and
Scitex
Wide
Format
Printing
Ltd.,
its
holdings
in
Aprion
Digital
Ltd.
and
the
Karat
Digital
Press
joint
venture.
On
April
4,
2000,
Creo
Products
Inc.
acquired
the
Company's
digital
preprint
and
print-on-demand
operations.
Its
digital
preprint
products,
now
produced
and
marketed
by
the
CreoScitex
division
of
Creo,
comprised
the
products
of
the
Company's
former
Input
Systems
and
Output
Systems
divisions,
as
well
as
the
products
of
Iris
Graphics,
Inc.,
a
developer
and
manufacturer
color
digital
inkjet
printers
and
proofing
systems. | | More from
Market Guide: Expanded
Business Description |
| | Financial Summary | | SCIX
designs,
develops,
manufactures
markets
and
supports
digital
graphics
communication
products.
SCIX
operates
in
two
businesses:
Digital
Preprint
and
Digital
Printing.
For
the
six
months
ended
6/30/01,
revenues
fell
41%
to
$130.5
million.
Net
loss
before
accounting
change
totaled
$173.6
million
vs.
an
income
of
$129
million.
Results
reflect
an
impact
from
the
recent
slowdown
in
the
market,
slower
than
expected
penetration
in
the
U.S.
market
and
pricing
pressure. | | More from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Meir Shannie | Chairman | | Yeoshua Agassi | Interim CEO | | Yosef Zylberberg | CFO | | David Reis, 39 | Pres, Scitex Wide Format Printing, Ltd. | | Michael Nagler, Ph.D., 51 | VP, Pres and CEO, Aprion Digital, Ltd. |
| More from
Market Guide on Officers & Directors:
Expanded List, Bios,
Compensation, Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/s/scix.gif)