EFI Acquires Spanish Inkjet Tile Printing Firm

Foster City, CA, April 18, 2012 -- Digital printing technology firm EFI acquired privately-held Cretaprint S.L. based in Castellón, Spain, a leading developer of inkjet printers for ceramic tile printing.

"As evidenced by our record revenues, we are benefitting from strong traction in our industrial inkjet segment and are excited about expanding into the ceramic tile market, which represents a tremendous growth opportunity for EFI," said Guy Gecht, CEO of EFI.

"We have been tracking the swift transformation from analog to digital technology in tile imaging for quite some time, and have been deeply impressed with the fast growth and global leadership position of Cretaprint."

The Specialty Graphic Imaging Association (SGIA) conducts annual membership surveys. Its 2011 Industrial Printing Survey Report indicates that over 75 percent of its members utilize digital printing and also consider ceramic tile printing to be a strong market opportunity.

EFI said it will use its extensive knowledge of inkjet technology to enhance Cretaprint's quality of output, software control, color management and more.