Creo Named One of British Columbias Top Technology Companies
Press release from the issuing company
VANCOUVER, BRITISH COLUMBIA--Creo Products Inc., is British Columbia's second largest technology company according to the T-Net 100 List published today. The list ranks by revenues the 100 largest private and publicly traded technology companies based in the province. With fiscal 2000 revenues of $675 million, Creo ranked #2 on the list after 360networks ($761 million). PMC Sierra ranked third with revenues of $638 million. Creo revenues increased 154% from 1999, when it ranked as the province's fifth largest technology company.
Creo employs 4100 people worldwide-about 1200 in the British Columbia headquarters. The company's principal operating division - CreoScitex - is a world leader in creating solutions for the graphic arts industry. The CreoScitex team manufactures more than 300 products including digital photography equipment; inkjetproofers; thermal imaging devices for film, plates and proofs; color and copydot scanning systems; and creative and prepress workflow software. CreoScitex also supplies on-press imaging technology, components for digital offset presses, and color servers for high-speed, print-on-demand digital printers.
"Creo was founded in Burnaby in 1983. Today - nearly twenty years later - we are a thriving global company but our headquarters remain in British Columbia,'' says Amos Michelson, Chief Executive Officer, Creo. "We have always been able to attract excellent local talent and we believe that our B.C. roots give us a truly unique advantage in our industry.'' Michelson has been with the company since 1995 and was the driving force behind taking Creo public on the TSE and NASDAQ in 1999.
Creo has been named one of the 50 best ethical stocks for Canadians and one of the country's top employers. Over the years, Creo has been honored many times for outstanding achievement in export excellence, technology innovation, business excellence and entrepreneurship.
Based in Vancouver, Canada, Creo Products Inc. is a publicly held high-technology company focused on the application of imaging and information technology. Through CreoScitex - its principal operating division - Creo is leading the digital transformation of the graphic arts industry. Creo Products Inc. trades under the symbols CREO on NASDAQ and CRE on the Toronto Stock Exchange. www.creo.com
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