The company expects a decline of up to 30 percent in the consumer film market in the U.S. and 20 percent worldwide in 2005. Kodak will continue to support and market the Digital ICE photo enhancement software suite, also acquired from Applied Science Fiction. Kodak will take a charge of US-$ 45 million for costs associated with the termination of the program, including severance costs to employees, asset impairment charges, the write-off of inventory and goodwill.
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Feature of the month
Leading brands at Photopia Hamburg
According to to the organizer, Hamburg Messe + Congress (HMC), major imaging brands will be represented at Photopia Hamburg, which will take place in the Hanseatic city from September 23 to 26 as a festival for the entire digital imaging industry. These include camera and lens manufacturers such as Canon, Sony, Nikon, Leica and Panasonic as well as Sigma and Tamron, but also the monitor manufacturers BenQ and Eizo, print service providers such as WhiteWall and the paper manufacturers Ilford and Hahnemühle. Several retailing companies and distributors, including Calumet, Foto Erhardt, IPS, HapaTeam and Probis will also exhibit.
