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Kodak – Technology Innovator Dr. Terry R. Taber
Chief Technology Officer & Senior Vice-President
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Corporate headquarters: Rochester, N.Y.
Main manufacturing and technology centers: Brazil, Canada, China, England, Germany, India, Israel, Japan, Singapore, U.S.
Customers: more than 25,000
Worldwide employment: 8,500 as of September 2013 (With DI/PI 12,500 employees)
Four operating regions: Products available in more than 150 countries worldwide. Extensive partner network (distribution, supply and OEM).
2012 Revenue: $2.7 billion (with DI/PI: $4.1Billion)
Capital Structure: Approximately $500 million in equity Debt of $695 million and Cash of more than $800 million at emergence
Fast Facts
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Expansive Portfolio of Kodak Solutions & Services
Winning solutions in the conversion to multi-channel communications
Digital Printing Solutions § Cut-sheet Production Presses § Roll-fed Production Presses § Consumables § OEM § PROSPER Imprinting Systems § Digital front-end controllers § Consumer Inkjet
Functional Printing § Flexo solutions (displays, smart
packaging) § Thin film solutions (specialized substrates, energy)
Packaging § Flexcel NX System § Consumables
Entertainment Imaging & Commercial Films
Graphics § Digital Plates § Output Devices § Print Software § Services
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Packaging - Serving Brands From Concept to Consumer
Differentiated technology and solutions
FLEXCEL Direct System
FLEXCEL NX System
Media APPROVAL System
Offset Solutions
Packaging Printing - Corrugated, Folding carton, Flexible, Labels
JIT Production, Marking, Security, Versioning, Dimensional, Shelf appealing decoration, Digital integration
PROSPER Components
… Plus a range of WORKFLOW SOFTWARE. SECURITY & INTEGRATION SERVICES Backed by World Class Service and Support
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SQUARESPOT -Kodak’s Technology Differentiation Core Competence in High Resolution Imaging and Printing with Kodak’s Laser Spot Head Technology
§ Highest resolution laser thermal imaging device – Up to 25,600 DPI – 450 lines per inch versus industry at ~ 200 lines per inch
§ Highest resolution flexographic “printing plate” making process § Specialized coating capability
Printing of Fine Line and Patterns by the Use of Kodak Imaging Device, Media and System
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Functional Printing - Today and in the Future
Display
Emi
Transistors
Printed Electronics
Coatings
Conductive inks
Substrates
Materials & Substrates
Solar harvesting
Fuel cell
Printed batteries
Energy
Disposable sensor
Anti-microbial
Tissue regen film
Bio - Tech
Smart Packaging
Folding carton
Corrugated
Packaging
TODAY FUTURE
Printing to deliver functionality beyond visual communication
Displays Addressable Market 2012: $2 Billion
Displays Addressable Market 2016: $3 Billion
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Kodak’s Competitive Advantage
• Multiple deposition methodologies address fluid latitude & materials delivery
• Able to optimize manufacturing approach to each application
• Continuous roll-to-roll conveyance
• Image quality • Embedded information • Functional image science
• Broad materials design
• Synthesis expertise
• Materials formulation
• Engineered nano particles
• Flexible substrates
Created at the interaction control points for a range of applications
Digital Imaging Science
Materials Science
Deposition Processes
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§ Kodak inventions advance technologies: • To enable fully digital print solutions across all markets • Strong technical focus on additive print solutions • Sustainable applications.
§ Fundamental scientific disciplines behind Kodak innovation are: – Materials Science - electronic materials, inks and dispersions, polymer science
• Interfacial Science - formulation stability, surface control and patterning, the integrity of materials through printing
– Deposition Science - digitally addressable, non-contact and contact deposition device design, MEMS, laser writing, micro-fluidics
– Image Science - image quality, secure data embedding, functional image science
Kodak – Building on Innovation
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2012 Market Total $445B
Publishing $155B
Commercial $290B
Transforming the Business of Printing
$0
$30
$60
$90
$120
$150
$180
2005 2010 2015P
USD
(Billi
ons)
Worldwide Digital Print Revenue
Communications Industry Trends § Multi-channel communications:
- Personalization
§ Digital printing investments drive double digit page and revenue growth
§ Emerging markets experiencing rapid growth and expansion
§ Developed markets experiencing industry consolidation driving production efficiencies-while high impact applications drive ROMI
§ Kodak uniquely positioned to profit from the digitalization of print while serving traditional printing markets with efficient, sustainable offset solutions
Print Market Growth
Source: Poyry Source: Pira Worldwide Market for Print
-
10
20
30
40
50
60
2011 2013P 2015P
A4
Pag
es (T
rillio
ns)
Worldwide Printing Pages
Developed Emerging
CAGR 15.6%
CAGR 11.5%
56% 53% 50%
44% 47% 50%
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Commercial Print & Publishing Unleashing the Power of Print from 1 to 1 Million Pages
… Plus a range of WORKFLOW SOFTWARE. SECURITY & INTEGRATION SERVICES Backed by World Class Service and Support
Differentiated technology and solutions
Commercial Printing, Publishing Books, Newspapers, Magazines
Personalization, Versioning, Tactile
Media Consumables
Offset Solutions
Prosper Components
Prosper Presses B&W and Color
NexPress Presses
Digimaster Platform
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STREAM – More Productive, Higher Quality
Reliability Most Robust § Heavy duty for 24/7 production operation § Head life independent of coverage
Quality Delivers Offset Quality § Most uniform drop formation § Highest drop momentum for placement
accuracy § Ink chemistry for glossy paper
Cost Right Cost • Long head life yields more images per dollar • Head redundancy not required • Enables replacement of incumbent
technologies
Stream Others
Kodak delivers the complete package of technology, hardware, software and services
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Explosive Growth in Packaging
The Packaging Industry
§ Fastest growing and sustainable print market
§ Highly fragmented value chain
§ Ripe for technology substitution
§ Kodak well positioned to lead digitization and drive integration
Packaging Market Breakdown
Packaging Market Growth
0
50,000
100,000
150,000
200,000
250,000
300,000
$350,000
2005 2010 2015
Western Europe North America Latin America Asia-Pacific Other
($ in millions)
Screen2%Gravure
14%
Others19%
Digital2%
Offset24%
Flexography39%
Rigid Plastic8%
Flexible18%
Corrugated34%
Cartons18%
Metal Cans12%
Labels10%
$189B
$237B
$307B
Source: PIRA, PRIMIR, EK internal analysis
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The Touch Panel Sensor Market S
hipm
ents
m 2
Rev
enue
($K
)
3.7 – 5”
7.1 – 10.1”
> 23”