TenCate to continue activities of Osiris Inkjet Systems

TenCate to continue activities of Osiris Inkjet Systems

ID: 55393

(Thomson Reuters ONE) -


TenCate has reached an agreement with the official receiver relating to the
continuation of the activities of the insolvent company Osiris Inkjet Systems
B.V. in Hengelo, the Netherlands. As a result, it will be possible to continue
the production and sales of the ISIS(TM) inkjet printing system developed by
Osiris. TenCate will take over the tangible and intangible assets from the
liquidation and will offer an employment contract to at least six employees (of
the ten employees in permanent employment). The activities will be continued in
Xennia Holland bv (100% TenCate).

In the view of TenCate, inkjet technology can bring about a revolution in the
field of finishing processes. Through innovative methods for surface treatment
not only will new functionalities on materials be possible, but thanks to this
technological innovation, environmental and quality costs will also be
significantly reduced.

Partly on the basis of development projects (Digitex, Digifin), which are
subsidized by the European Union and the Province of Overijssel (the
Netherlands), TenCate has acquired a leading position in the field of inkjet
applications on textile materials. As a result, coatings on a nano scale can be
applied to materials, thus enabling new functionalities to be developed. The
knowledge acquired by Osiris is in part complementary to this knowledge platform
and will strengthen it. Inkjet technology for textile applications on an
industrial scale is still in its early stages. In the course of this year
TenCate will start up a pilot production process in Nijverdal.

Xennia Technology
TenCate took a majority interest in Xennia Technology ltd (United Kingdom) at
the beginning of 2008. The goal of this acquisition was to use inkjet technology
as process technology for the application of surface coatings on textile
materials. There had been earlier collaboration with Xennia within the framework




of the European Digitex project. Since then developments have occurred in
printing and textile finishing that are currently at the beginning of their
commercial stage. In the past few years Xennia has launched various inkjet
applications relating to the decoration of materials.

Regional knowledge platform with an international image
In the region of Twente (the Netherlands) knowledge of textile materials and
textile processes converges with inkjet technology. This combination of
knowledge is unique. Xennia Holland bv can act as a catalyst in a knowledge
network that is continuing to develop. Inkjet technology is a new and complex
technology, which can prove to be an important innovative motor for future
developments within the textile sector. Collaboration with knowledge centres in
these developments forms one of the key factors in this. The combination of the
knowledge acquired by Osiris with that of Xennia respectively TenCate will
strengthen this regional knowledge network.


Royal Ten Cate
Almelo, the Netherlands, Wednesday 8 June, 2011

_____________________________________________________________________
For further information:

Digital image material is available on request on: media(at)tencate.com

Royal Ten Cate
F.R. Spaan, corporate director, business development
Telephone     : +31 546 544 977
Mobile          : +31 612 96 17 24
E-mail           :f.spaan(at)tencate.com
Internet         :www.tencate.com


Royal Ten Cate nv (TenCate) is a multinational company that combines textile
technology with chemical processes and material technology in the development
and production of functional materials with distinctive characteristics. TenCate
products are sold throughout the world.
Systems and materials from TenCate come under four areas of application: safety
and protection; space and aerospace; infrastructure and the environment; sport
and recreation. TenCate occupies leading positions in protective fabrics,
composites for space and aerospace, antiballistics, geosynthetics and synthetic
turf. TenCate is listed on NYSE Euronext (AMX).

Xennia Technology Ltd is a specialist in inkjet technology for industrial
applications. As the world's leading, chemistry-driven industrial inkjet
integrator, Xennia is bringing about a technological revolution in obsolescent
production processes by developing reliable inkjet solutions for such markets as
product decoration, ceramics, textile finishing and electronics. Solutions from
Xennia include R&D facilities, printers and print modules, software and printing
fluids. Xennia has a facility in the United Kingdom.

Osiris Inkjet Systems has focused its efforts since 2001 on the development,
sales, delivery and support of high-speed digital inkjet technology for
sustainable solutions in the printing and finishing of all sorts of fashion
textiles. In addition to print systems - such as the ISIS, Osiris also supplies
a wide range of inks and coatings and the required software applications.




Press release as PDF:
http://hugin.info/130798/R/1521970/458141.pdf




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(i) the releases contained herein are protected by copyright and
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originality of the information contained therein.

Source: Koninklijke Ten Cate NV via Thomson Reuters ONE

[HUG#1521970]


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Bereitgestellt von Benutzer: hugin
Datum: 08.06.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 55393
Anzahl Zeichen: 6067

contact information:
Town:

Almelo



Kategorie:

Business News



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