I think there are some potential issues with the company in the fourth quarter. That company is introducing a revolutionary new technology for the offset printing world called a switchable polymer. In offset printing, you start with an image that is put on film. The whole process is very time consuming, very labor intensive, with a lot of consumable costs involved. With Creo s switchable polymer, the device simply sprays a polymer on the cylinder of the press.
Thermal heads image the polymer on the press within minutes, and the press is ready to go.
When the job is done, the polymer is removed, and the process begins again. This new technology cuts the make-ready time down from an hour and a half to less than 10 minutes, and Creo is trying to get it under five minutes. It eliminates all of the consumable costs, with the exception of that polymer itself. It eliminates a great deal of labor, and saves a lot of time. So this system could revolutionize offset printing.