Accordingly, the company has initiated sale processes for its market-leading Personalized Imaging and Document Imaging businesses.
ENGADGET: Kodak to sell the film business that made it so famous (update)
Kodak's Document Imaging business provides a comprehensive portfolio of scanners, capture software and services to enterprise customers.
ENGADGET: Kodak tentatively sells its scanning business to Brother for $210 million
The Document Imaging business provides a leading and comprehensive portfolio of scanners, capture software and services to enterprise customers.
ENGADGET: Kodak to sell the film business that made it so famous (update)
Dolores Kruchten, President of Document Imaging, said that Kodak will work throughout the sale process to ensure a smooth transition for customers.
ENGADGET: Kodak tentatively sells its scanning business to Brother for $210 million
The company notes that the deal expands its document imaging portfolio.
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"Document Imaging has many differentiating strengths, including an outstanding global customer base, award-winning software and hardware solutions, strategic reseller partners and a comprehensive service and support network, " Perez said.
ENGADGET: Kodak tentatively sells its scanning business to Brother for $210 million
"We satisfied the requirements of our lenders and took care of our document imaging and personalized imaging employees, suppliers and customers, " said Becky Roof, Kodak's interim chief financial officer.
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"We are pleased that under this agreement with Brother, Document Imaging will continue to strengthen its position as a leader of information capture and management solutions for enterprise customers, " said Kruchten.
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An analysis of the storage volume revealed that almost 90% of the information stored was from messaging systems (mostly email), document imaging systems (storing scanned contracts and claims), and report management systems.
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Dolores Kruchten will become President, Document Imaging.
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In a deal announced Monday, Kodak will turn over the "personalized imaging" business, which includes camera film, as well as its "document imaging" business, to the U.K. pensioners its largest creditor in exchange for a wipeout of the pension obligations.
WSJ: Kodak Transfers Business to U.K. Retirees to Erase Pension Obligation
The teenagers bought into the pitch from Andy Enfield, a coach made millions starting up a document imaging and contract management company in the health care industry, and who happens to be married to former supermodel Amanda Marcum.
The BDXL specification, which is targeted primarily at commercial segments such as broadcasting, medical and document imaging enterprises with significant archiving needs, will provide customers with write-once options on 100GB and 128GB capacity discs and rewritable capability on 100GB discs.
"The initiation of a process to sell the Personalized Imaging and Document Imaging businesses is an important step in our company's reorganization to focus our business on the commercial markets and enable Kodak to accelerate its momentum toward emergence, " said Antonio M.
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We are reorganizing our senior management team, an action that will help accelerate the creation of a sustainable cost structure for operating our business for the benefit of our customers and position our Personalized Imaging and Document Imaging businesses for successful sales.
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The additional conditions include the consummation of a Plan of Reorganization by September 30, 2013, the resolution of the company's U.K. pension obligations, and the successful completion of all or a portion of the sales of Kodak's Document Imaging and Personalized Imaging businesses, as detailed in the agreement.
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Bosniak category IIF cysts are more complex and deserve follow-up imaging to document stability.
But one panelist, James Stein, a cardiac imaging expert at the University of Wisconsin, disagreed with assertions made in the document.
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