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Artwork Systems Group and Enfocus Software Strengthen R&D Collaboration

Friday, December 03, 2004

Press release from the issuing company

December 2, 2004 – Ghent, Belgium -- EnfocusSoftware, the world leader in PDF workflow tools, today announces strong progress in its ongoing integration with mother company Artwork Systems. The R & D departments from both companies will be working more closely together on future product development.  To facilitate closer collaboration, Enfocus and Artwork Systems will be headquartered in the same building.  This move is foreseen to take place at the end of 2005. Enfocus will continue to exist as an independent business unit within Artwork Systems. However, to gain greater operational efficiency, Artwork Systems will be integrating Enfocus' administrative services such as Human Resources, IT and Finance. Since the acquisition of Enfocus in 2000, Artwork Systems has been putting into place a powerful new business group that taps the technical capabilities of Enfocus Certified Technology in the Artwork Systems product line.  This will enable both firms to better serve the key business communities serving the graphic arts industry, as well as the large enterprise market.  Artwork Systems is already incorporating the Enfocus Certified PDF technology as a core technologyin its packagingsolutions. Guido Van der Schueren, Chairman of the Board at Artwork Systems, comments on the integration strategy: “Enfocus Certified Technology, which defined the PDF format as the defacto standard in the industry, is now a core technology in Artwork Systems packaging solutions. Our combined R & D capabilities will create a positive synergy for developing new software solutions." The ongoing integration includes organizational changes. David van Driessche, current CEO of Enfocus Software, has decided to step down.  Patrick Van Dam has been appointed as Executive Vice President World-Wide Sales & Marketing and will be heading the Enfocus business unit. He will report to Guido Van der Schueren. Mr. Van Dam is confident that the centralization of resources will provide the strong base that Enfocus needs for continued growth. “Enfocus Software has been able to report a significant increase in growth in both revenues and operating income during the last years.  With our portfolio of PDF tools, going beyond preflight to deliver unmatched PDF creation, auto-correction, advanced editing and automation, we have gained a leading position in our industry," says Van Dam.  "As an independent business-unit within the Artwork Systems group, we will continue to develop our own successful strategy on Product development and Marketing and continue to serve our OEM partners, distributors and resellers as before. This is a positive move for both Artwork Systems and Enfocus Software."




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