Kodak Announces Agreement to Acquire Scanner Division of BÖWE BELL + HOWELL

Tue Jan 13, 2009 4:30pm EST

* Reuters is not responsible for the content in this press release.

Acquisition Will Expand Customer Value
ROCHESTER, N.Y. & WHEELING, Ill.--(Business Wire)--
Eastman Kodak Company and BÖWE BELL + HOWELL announced Kodak`s agreement to
acquire the scanner division of BÖWE BELL + HOWELL. The scanner division is a
leading supplier of production document scanners to value added resellers,
systems integrators, and end users. Based in the greater Chicago area, the
scanner division is a worldwide business with locations in North America, Europe
and Asia. 

BÖWE BELL + HOWELL`s portfolio of document scanners consists of complementary
products in respect to Kodak Business Solutions & Services` document imaging
product range. 

"Kodak is a leader in document imaging and we are committed to investing in and
growing our capabilities to better serve customers," said Philip J. Faraci,
President and Chief Operating Officer, Eastman Kodak Company. "We expect this
acquisition, when completed, will enable us to expand customer value by
providing a wider choice of production scanners, greater technological
innovation to help us bring new, exciting products to market faster, and will
enhance global access to service and support for channel partners and end user
customers worldwide." 

BÖWE BELL + HOWELL document scanners, used by general office, healthcare,
financial services, insurance, government, legal and service bureau markets,
include:

* Spectrum XF Scanners that feature BÖWE BELL + HOWELL proprietary camera
technology and high scanning speed for reliable, cost-effective document capture
in color, grayscale and black-and-white 
* Trūper Scanners that offer high scanning speed and high daily throughput in a
compact design 
* Wide format Infinity WF Scanners that capture oversized documents, such as
maps and blueprints, up to 48 inches in width 
* Sidekick Scanners that provide professional level document capture for small
offices

"BÖWE BELL + HOWELL enjoys a well-established and highly regarded track record
of developing quality products and delivering them to thousands of end-users
around the world through a broad, committed channel of value-added distributors
and resellers," said Marvin Isles, Chief Executive Officer, BÖWE BELL + HOWELL.
"Importantly, our products are well-known to Kodak; the company has provided
field service to BÖWE BELL + HOWELL scanners since 2001. We believe our two
great product lines supported by a strong channel and reliable service will
serve our customers well." 

"We look forward to having the scanner division of BÖWE BELL + HOWELL join
Kodak`s exciting and fast paced enterprise management business and to help us
achieve our aggressive goals for future growth," said Dolores K. Kruchten,
General Manager, Business Solutions and Services and Vice President, Eastman
Kodak Company. 

The parties anticipate this transaction will be completed by the end of the
first quarter of 2009. Terms of the transaction were not disclosed. 

KODAK Products are backed by KODAK Service and Support. KODAK Service and
Support is made up of more than 3,000 professionals reaching more than 120
countries. It is a leading multi-vendor integrated services provider, delivering
consulting, installation, maintenance and support services for the commercial
printing, graphic communications, document imaging and data storage industries.
KODAK Service and Support professionals are uniquely qualified to provide
services that control costs, maximize productivity, and minimize business risk. 

About Kodak

As the world's foremost imaging innovator, Kodak helps consumers, businesses,
and creative professionals unleash the power of pictures and printing to enrich
their lives. 

To learn more, visit http://www.kodak.com and follow our blogs and more at
http://www.kodak.com/go/followus. 

More than 70 million people worldwide manage, share and create photo gifts
online at KODAK Gallery --join for free today at www.kodakgallery.com. 

About BÖWE BELL + HOWELL Scanners

BÖWE BELL + HOWELL Scanners is always adding value to its full line of fast and
dependable scanners to help organizations easily and cost-effectively transform
documents into flawless digital images. BBH constantly innovates to meet
customers' imaging needs with its Spectrum XF Series, Trūper Series, Sidekick
Series and wide-format Infinity WF. Based in the Chicago area, BÖWE BELL +
HOWELL Scanners has an international presence selling scanners through a
worldwide channel of distributors and value-added resellers. The company is a
business unit of BÖWE BELL + HOWELL. 

For more information on BÖWE BELL + HOWELL Scanners, please visit
www.bbhscanners.com

About BÖWE BELL + HOWELL

Headquartered in Wheeling, Ill., BÖWE BELL + HOWELL, a company with more than 70
years of industry experience, is a leading provider of high-performance document
management solutions and services. The company's portfolio of inserting,
sorting, plastic card, integrity, cutting, packaging, print-on-demand and
software solutions is the most comprehensive product offering for paper-based
and digital mail communications. These solutions are supported by one of the
largest dedicated service organizations in the industry. 

For further information on BÖWE BELL + HOWELL, please visit
www.bowebellhowell.com. 

(Kodak is a trademark of Eastman Kodak Company.) 

(BÖWE BELL + HOWELL and the Böwe Bell + Howell logo are trademarks or registered
trademarks of BBH, Inc.) 

2009 





Media:
Kodak
Christopher Veronda, +1 585-724-2622
christopher.veronda@kodak.com
or
Trade Media:
Kodak
Beth Hogan Scott, + 1 203-845-7115
Elizabeth.HoganScott@kodak.com
or
Jack Kasperski, +1 585-724-5130
Jack.Kasperski@kodak.com
or
BÖWE BELL + HOWELL Scanners
Jackie Horn, +1 847-423-3024
jackie.horn@bowebellhowell.com
or
The Reynolds Communications Group
Mack Reynolds, +1 312-541-9300 (ex. 105)
mreynolds@reynoldsgroup.com

Copyright Business Wire 2009

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