FOR IMMEDIATE RELEASE
Alleroed, Denmark.
Contex A/S reports 2010 results
Leading wide format scanning provider saw sound uptake in 2010
Contex A/S, the world’s leading provider of wide format scanning and imaging solutions, today reports more than 25% revenue growth versus 2009.
The company also experienced a high year-on-year unit growth of more than 60%, as well as sound EBITA performance compared to 2009.
A top brand in wide format scanning, Contex serves customers from a wide range of industries, including government, geographic information systems (GIS), reprographics and copy shops, architecture, engineering, and construction (AEC). The notable increase in unit sales is a result of an expansion in the wide format market during 2010, as more companies complement their in-house printing capabilities with wide format scanning.
"We’ve seen tremendous development in the business during 2010, and we extended our market coverage with new channel partners and solutions. We also expanded our OEM partnerships, bringing wide-format scanning capability to more customers," comments Aage Snorgaard, CEO of Contex A/S. "For 2011, we have numerous initiatives in the pipeline and are looking forward to an exciting year for both our channel partners and our customers."
In 2010, Contex implemented several key strategies to augment its market positioning, including the opening of a Singapore office to be closer to growth markets. Contex also signed several new distributors worldwide, including WYNIT Inc. and Synnex Corporation in the United States, GBC in New Zealand, PT.TIXPRO in Indonesia, and Detalhe Virtual in Portugal.
With continuous improvement in business performance and ongoing R&D—up to 15% of annual product revenue, Contex has optimistic expectations for 2011. The company is now focusing on growth markets, including Brazil, Mexico, India, Russia, Eastern Europe, Indonesia, and Asia. Contex is also developing new alliances with key players in the document management industry and is slated to launch several new products at industry expositions during 2011.
About Contex:
Contex A/S is the leading manufacturer of large format scanners and large format scanner software for both color and monochrome scanning solutions. Contex creates scanning solutions for Reprographics, Technical, CAD, GIS, Graphic Arts, Document Archival, Copy shops, POP/Exhibit providers, Pre-Press, Sign and Billboard production, Architecture and Engineering offices and many more. Contex also markets the world's fastest, high-definition 3D printers - machines that produce 3D physical prototypes of real-world objects at high speeds.
For more information, please visit www.contex.com.
For further information, please contact:
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A note for readers interested in buying a Contex scanner:
For further information on Contex scanners or buying a Contex imaging solution, please see our Scanners4CAD website. It provides comprehensive information on Contex wide format scanners and Contex large format scanning solutions. If you want to understand how Contex imaging systems work and how they became a wide format scanner market leader, please refer to Scanners4CAD. It carries objective advice on market leading scanners, all aspects of wide format scanning, the practical use of a large format scanner like a Contex SD Series or Contex HD Series or even Contex G600 large format scanners running Contex software like Nextimage, Nextimage Touch, iJET or JETimageNET.
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