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The Company:
Electronics For Imaging (Nasdaq: EFII) is a world leader in software and hardware imaging products for network printing. Headquartered in Foster City, CA, EFI has over 900 employees in 18 offices worldwide.
In 1991, EFI triggered the digital printing revolution by turning copiers into digital printers through its breakthrough Fiery® controller. Fiery is now the industry standard of high quality, high-speed office and professional printing. Virtually every major printer manufacturer uses Fiery controllers as the "brains" inside their printer/copier/multi-function printers. Today there are over one million EFI controllers in printers in major corporations, advertising agencies, production departments and Print Shops around the world.
In 2002, EFI triggered another revolution by launching PrintMe Networks. PrintMe lets people print from any mobile device such as PDAs, cell phones, two way pagers and portable PCs to any enabled printers, or to fax machines without requiring any cables, drivers or special software. PrintMe can be found at many airports, hotels, print shops and many other locations around the world, and the network of PrintMe-enabled printers continues to grow rapidly as today's mobile workers embrace the ease and simplicity of anywhere, anytime printing. Learn more at www.efi.com.
On Why They Have Entered The American Business Awards:
"We have submitted nominations to the Awards because EFI exemplifies the kind of company that will lead the recovery in technology," said Mimi Sells, EFI's Director of Corporate Communications. "EFI certainly hasn't been exempt from the economic woes facing Silicon Valley, but it has done all the right things to position us for success as the economy recovers. EFI resisted the easy temptation to conduct massive layoffs and/or drastically reduce R&D allocations. Instead, the company enlisted employees to support a rigorous tightening of expenses to maintain profitability. But the company never stopped spending on R&D and new products to expand our markets and provide future avenues for growth, often transferring employees in slower areas into exciting new projects.
"I'm proud to work at a company that values its core asset-- the intellectual capital of its employees. Throughout this downturn, they harnessed our energies toward the economic rebound by seeking new markets, driving new product development and ensuring they have the people they will need to maximize its future success."
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