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Global Graphics Provides Update for Q3 and First Nine Months

Tuesday, October 13, 2015

Press release from the issuing company

GLOBAL GRAPHICS SE, a developer of software platforms for digital printing, digital document and PDF applications, provides a trading update for the third quarter and first nine months of the financial year ending 31 December 2015. 

Operational highlights for the quarter ended 30 September 2015

· Ricoh Europe have licensed the Group's gDoc technology to enable Ricoh to develop digital document solutions that support flexible, mobile access to information.  During the quarter, Ricoh Europe launched Ricoh eBinder across the EMEA region via its 23 operating companies and their resellers. In addition to the standard Ricoh eBinder application, Ricoh will deliver customised versions to meet the requirements of large enterprises and selected vertical markets.

· On 15 September 2015, the Company announced that it had acquired the entire issued share capital of URW++ Design & Development GmbH ("URW"), a font manufacturer located in Hamburg, Germany.  Part of the consideration was settled in cash and part was settled with Company shares.  A total of 925,926 new ordinary shares were created, increasing the number of issued shares from 10,289,781 to 11,215,707, resulting in a dilution of 8.26%.

· The Group has been working with a number of inkjet press manufacturers that have been suffering with quality issues to develop entirely new half-tone screening technology for high-speed presses that can vary the amount of ink delivered in any one location on the media.  Significant improvements in output quality have already been achieved and further progress is expected over the coming months.  Martin Bailey, Global Graphics' CTO, presented a session on this subject, titled "Colour management is not enough: achieving maximum inkjet quality with screening” at The Inkjet Conference on 7th October 2015.

 

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