Eastman Kodak Company (the “Company”) (OTB: EKDKQ.PK) announced today that, as a result of its ongoing strategic review process and commitment to drive sustainable profitability through its most valuable business lines, it plans to phase out its dedicated capture devices business – comprising digital cameras, pocket video cameras and digital picture frames – in the first half of 2012. Kodak will instead expand its current brand licensing program, and seek licensees in these categories. Following this decision, Kodak’s Consumer Business will include online and retail-based photo printing, as well as desktop inkjet printing.
Kodak has contacted its retail partners, and is working closely with them to ensure an orderly transition. Kodak will continue to honor all related product warranties, and provide technical support and service for its cameras, pocket video cameras and digital picture frames.
Ricoh Company, Ltd. (President and CEO: Shiro Kondo, hereinafter Ricoh) announces an organizational change to its imaging system business including security system business and consumer digital camera business.
Since October 1, 2011 when PENTAX RICOH IMAGING COMPANY (President and CEO：Zenji Miura, hereinafter PRI) was established, Ricoh managed its global imaging system business under two brands, RICOH and PENTAX. Specifically RICOH brand digital cameras were designed, developed and sold by Personal Multimedia Product Company (hereinafter PMMC), an internal organization of Ricoh, while PENTAX brand digital cameras were designed, developed and sold by PRI.
Pentax Ricoh Imaging Company Ltd. is pleased to announce the exhibition of seven reference products — interchangeable lenses and camera accessories currently under development — at CP+ 2012, one of the largest and most comprehensive camera and imaging shows in Asia. This annual event will be held from February 9th to 12th at the PACIFIC YOKOHAMA convention center in Japan.
Model name (tentative): smc PENTAX-D FA645 90mm F2.8
Model name (tentative): smc PENTAX-DA 560mm F5.6
Model name (tentative): smc PENTAX-DA 50mm F1.8
Model name (tentative): TELEPHOTO ZOOM
Model name (tentative): MOUNT CAP LENS
Model name: to be announced later
Model name: Adapter Q for K mount lens
Notes: Model names, designs, specifications and market launch schedules of these products are all tentative and subject to change without notice. Prices of these products will be announced at a later date.
The international underwater photo grand prix, Epson World ShootOut 2011, has just concluded.
During the month of August, the whole underwater world performed as one huge festival, hosting professional and amateur photographers competing with each other for some very worthy World ShootOut prizes.
Prizes worth 70,000 USD were awarded to the winners of the 7 categories, including cash, diving trips to dreamy destinations, underwater photo equipment and more.
226 photographers participated in the World ShootOut competition. Participants submitted their images from 27 different countries all around the world, including Alaska, China, Egypt, Russia, Tahiti, Mexico, Papua New Guinea and more.
All in all, 1556 images were submitted to the competition. Those who will reach the semi-final stages of the competition will be introduced in a special World ShootOut exhibition at the annual Epson Red Sea event, which will take place this November at the Isrotel Yam-Suf hotel in Eilat.
“This was the first time ever such a competition took place in the world”, says David Pilosof, producer of the World ShootOut, “photographers competed their colleagues from all around the world by diving in their most favorite local wet territory”.
All World ShootOut categories winners and nominees will be announced on a festive winning ceremony in Eilat, Israel, November 18th, 2011.