VANCOUVER, BC CANADA - May 22, 2001 -- CreoScitex(tm), a division of Creo Products Inc. (NASDAQ: CREO; TSE: CRE) has signed an OEM agreement to supply SQUAREspot(tm) thermal imaging heads to Think Laboratory of Tokyo, Japan for the production of cylinders used in prepress for gravure printing in the packaging industry. SQUAREspot, the innovative imaging technology developed by CreoScitex, produces uncompromised image quality at a speed that is several times faster than competing technologies. SQUAREspot for Digital Offset Printing (DOP) presses received a prestigious Graphic Arts Technical Foundation (GATF) InterTech Technology Award last year. SQUAREspot technology now brings these same benefits to the gravure process, just as the offset, flexographic and lithographic sectors of the packaging printing industry have already discovered. By reducing the time it takes to image each cylinder by 75%, SQUAREspot will allow a packaging printer to increase throughput without increasing the number of its systems or the size of its labor force. SQUAREspot improves process control, allowing printers to achieve reliable and consistent presswork. The thermal imaging technology images precisely and predictably, eliminating presswork troubles caused by the variable dot gain characteristics of different halftone line rulings and dot shapes. Even as the process varies, the imaging head consistently reproduces the RIPed image. SQUAREspot also facilitates the use of water-based ink, an important consideration as the Japanese government encourages the industry to adopt these environmental friendly inks. Think Laboratory, founded in 1966, produces Japan's most popular fully automated gravure cylinder preparation systems, adopted by 90% of the Japanese prepress packaging industry. Think Laboratory's Total Boomerang 21 system will incorporate the CreoScitex SQUAREspot imaging head into its LaserStream(tm) imaging system. These imaging heads are similar to the thermal heads CreoScitex supplies to the world's largest press manufacturers for imaging on Digital Offset Printing presses. Another CreoScitex product, Brisque(tm) workflow, will drive the Boomerang 21 system utilizing the unique Turbo Screening(tm) feature for significantly improved image resolution.