Contex Chosen by European Investor for its Market Leading Products, Long-Term Vision, and Growth Ambitions

AsiaNet 52365

COPENHAGEN, Denmark, Mar. 11 /PRN=KYODO JBN/ --

- Several Innovations from Scanning Leader Slated for 2013

Contex, the world's leader of wide format scanning and imaging solutions,

announces that the company has been recognized for its award-winning products

and long-term vision by Nordic private equity investor Procuritas. After an

extensive commercial due diligence, the company was singled out as the

long-term market leader in the wide format market, providing the greatest

growth opportunities. As a result, Procuritas acquired Contex in December 2012,

and has increased the company's research and development funding to support the

launch of several new innovations in 2013 and the future.

Procuritas targets mid-sized companies that occupy strong positions within

their respective markets and demonstrate considerable potential for accelerated

growth. As a global large format imaging leader, Contex presents many growth

opportunities. With this strategic investment, Procuritas will work closely

with company senior management to develop new products to further strengthen

Contex's leadership in the large format imaging industry.

Procuritas Partner Tomas Theren explains, "Contex has the vision, the

ambitions, the passion and the drive. That was our impression right from the

beginning. With glowing references from other players in the wide-format

industry, like leading printer-brand manufacturers, channel partners - even

competitor partners - and not least end-customers, the choice was easy."

Tomas Theren continues, "We see a lot of value and growth opportunities with

such solid and successful leadership of the large-format scanning industry.

Contex has proven to have the strongest distribution channel, widest range of

scanners, and the largest installed base of large-format scanning customers. It

is our expectation that with the focus on innovative solutions, Contex will

continue the expansion of wide format imaging technologies."

About Procuritas

Procuritas is a Nordic private equity house. The company was founded in 1986

and has remained true to the mid-market segment, active ownership and a

strategy of creating value in all stages of an investment. With its long

history, Procuritas has gained experience from a large variety of transactions

under widely varying market conditions.

Procuritas advised funds have made 32 investments to date and fully realized

22, with a combined consideration over EUR 1.5 billion. Visit

http://www.procuritas.se for more information.

About Contex

As the world's largest developer and producer of large format imaging

solutions, Contex leads the market with innovative technology and advanced scan

and copy software applications. Over the years, Contex scanners have received

numerous awards from leading trade publications and analyst firms including

Cadalyst, Wide-Format Imaging, and BERTL. Sold worldwide in more than 90

countries, Contex solutions are recognized in a wide range of industries for

reliability, value, high performance, and superb image quality. For more

information, please visit http://www.contex.com.

SOURCE: Contex