Press Release

Imaging Solutions AG Announces Strategic Spin-Off of Silver Halide Business Dielsdorf, Switzerland – 3 December – Imaging Solutions AG (known as ISAG), a global leader in equipment for industrial Photo printers and processors for silver halide technology, today announced a strategic initiative to spin off its printer and processor manufacturing and sales division into a new company, GRETAGX. This move aims to expand participation in the post-processing market and strengthen collaboration with the rapidly growing digital printing sector. GRETAGX will primarily consist of the former Crown Photo Systems GmbH, a wholly previously owned subsidiary of Imaging Solutions AG, and a team of printer and photo paper experienced former employees of Imaging Solutions AG. GRETAGX operational focus will be out of Germany and will be a fully autonomic company with own policies and strategy and will assume full responsibility for all customer relationships and obligations that were previously managed by Imaging Solutions AG suplied AgX equipment. It’s virtual presence and services can be found at the gretagx.com website. This Spin-Off will improve the position Imaging Solutions to focus on its core competencies in post-processing equipment, including photo and poster cutters, packers, layflat photobook machines, and canvas stretching machines. As the digital printer market continues to grow and capture a significant share of the graphics and photo market, Imaging Solutions AG recognizes the importance of collaboration with digital printer manufacturers. By spinning off its silver halide printer activities to GRETAGX, the company will foster early involvement in emerging developments within the digital printing industry. "We are excited to launch this new venture to better serve our partners and customers in the rapidly evolving printing market," said Anthony Pieters, CEO of Imaging Solutions AG. "By streamlining our focus, we aim to provide innovative post-processing solutions that complement the expanding digital printing landscape. We wish GRETAGX great success as it focuses on silver halide printers and processors. About Imaging Solutions AG: Imaging Solutions AG, headquartered in Switzerland, is a leading provider of innovative industrial equipment to produce high-quality printed products. The company’s portfolio includes post-processing solutions such as new build photo and poster cutters, packers, LayFlat photobook machines, and canvas stretching machines. About GRETAGX: GRETAG GmbH operating from Issum, Germany is a newly formed company specializing in the developing, manufacturing, refurbishing, servicing and sales of high-quality silver halide printers, processors and chemical lines.