PRINTING United Expo 2023 –
Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a
worldwide market leader in sustainable, on-demand digital fashionx
and textile production technologies, announced today the Company is
taking its unprecedented success at ITMA Milan 2023 one step
further at PRINTING United Expo 2023 – closing the gap brands
encounter from broken fulfillment ecosystems by introducing digital
supply chain solutions. The Company will also feature exclusive
sessions with customers Mad Engine Global LLC and Augusta
Sportswear – demonstrating the transformative effectiveness of
on-demand, short-run, sustainable digital production.
“The fashion and textile industry is changing at
unprecedented speeds, and brands and fulfillers must adapt now or
fall behind. Broken, analog supply chains just cannot match market
demand for unlimited creativity, a surging creator-led economy, and
fast customer response in this growing world of e-commerce and
evolving brand and retailer requirements,” said Ronen Samuel, Chief
Executive Officer at Kornit Digital. “At ITMA Milan 2023, we said
this shift was happening – and happening fast. Since then, our
on-demand, digital production portfolio has helped transform real
customer challenges into new opportunities. We’re proud to
highlight the reality of digital production going mainstream with
our MAX technology at PRINTING United Expo 2023.”
Holistic Digital Production
EcosystemKornit solutions at PRINTING United Expo empower
producers to streamline supply chains with efficient, single-step
direct-to-garment and direct-to-fabric technologies, robust pigment
ink sets, energy-efficient smart curing systems, with diverse
applications for colorful and even neon or 3D fabric and garment
decoration. Expanding globally at retail quality is now also
available as a service - powered by KornitX – connecting brands
with a global fulfillment network of Kornit MAX users.
Kornit MAX technology is ideally suited to
create endless new opportunities for on-demand customization. The
technology now brings new capabilities for printing
direct-to-polyester with vibrant unmatched colors, even neon, in
the most sustainable way possible.
“We are excited to partner with Kornit for
polyester direct-to-garment printing. Together, we look forward to
delivering a single-unit polyester printing solution for the team
sportswear market,” said Brad Sullivan, Vice President of Business
Development, Augusta Sportswear.
"As the market shifts towards smaller MOQs and
reduced inventory, our adoption of Kornit MAX technology enables
faster response and scalable short runs - up to 400 prints per hour
with a single operator,” said Jaymes Clements, Executive Vice
President – Print on Demand Production at Mad Engine Global, LLC.
“By integrating Kornit Apollo into our MAX-powered fleet, we’re not
only expanding our capacity but also unlocking opportunities in
untapped brand markets. With enhanced retail support and expanded
license coverage, we're poised to make a significant impact in
these new horizons.”
As part of its strategic commitment to
customers, Kornit today also announced its partnership with Adobe,
providing the foundation for the next-generation of Kornit’s Raster
Image Processing (K-RIP) software. Fueled by the Adobe PDF Print
Engine, K-RIP is engineered to help brands and producers deliver
repeatable, reliable images for the highest quality in digital
garment decoration.
Standing United and
StrongDespite the current environment in Israel, Samuel
believes Kornit is stronger and more unified than ever, something
he looks forward to highlighting at PRINTING United Expo: “As a
company and as people, Kornit strongly condemns the horrific
attacks by Hamas on Israeli civilians last week – including the
barbaric murder and slaughter of innocent civilians including
children, women, and the elderly. This fight is not only about
Israel or the Jewish people, but a battle of humanity against evil.
Among the values we share are commitments to free speech and
self-expression, rational discourse, diversity, the dignity of
humanity, and the abhorrence of antisemitism and racism. The
actions of Hamas are antithetical to our values and as people. The
highest priority we share is compassion for one another. Our
employees, their families, partners, and the entire community are
in pain and there is no greater moment for us to pull together with
love and support.”
He concluded, “Kornit is committed to the
uninterrupted success of our business, customers, and community –
and we do not expect customers to encounter any disruptions. Our
operations, including R&D and production facilities, are fully
functional and we’re dedicated to maintaining business continuity
and prompt service. We have strong reserves across all operating
regions to meet demand throughout the upcoming peak season and
beyond. Finally, I would like to thank our customers, partners, and
the entire community for their thousands of messages of support and
love. As Albert Einstein once said, ‘the world will not be
destroyed by those who do evil, but by those who watch them without
doing anything.’”
Visit Kornit at PRINTING United Expo
2023A series of daily showcases will reflect Kornit’s
unity during these challenging times, presenting the full journey
of fashion collections – from pixel to parcel, and all manufactured
using Kornit’s MAX technology. To take part in Kornit’s display and
experience the excitement, please visit Kornit Digital at
PRINTING United Expo 2023, October 18 – 20 at the Georgia
World Congress Center in Booth #C1322.
About Kornit DigitalKornit
Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable,
on-demand, digital fashionx and textile production technologies.
The company is writing the operating system for fashion with
end-to-end solutions including digital printing systems, inks,
consumables, and an entire global ecosystem that manages workflows
and fulfillment. Headquartered in Israel with offices in the USA,
Europe, and Asia Pacific, Kornit Digital serves customers in more
than 100 countries and states worldwide. To learn more about how
Kornit Digital is boldly transforming the world of fashion and
textiles, visit www.kornit.com.
Kornit Media ContactCraig LibrettPublic
RelationsCraig.librett@kornit.com
Kornit Investor ContactJared MaymonGlobal Head
of Investor Relationsjared.maymon@kornit.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/db5567ce-4ada-47d2-b93d-38816ee50ccf
https://www.globenewswire.com/NewsRoom/AttachmentNg/69470d83-22ec-4f7c-af1f-a8005dd6b486
https://www.globenewswire.com/NewsRoom/AttachmentNg/4c36748b-bbc9-4e02-8c00-1715665d53cc
Kornit Digital (NASDAQ:KRNT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kornit Digital (NASDAQ:KRNT)
Historical Stock Chart
From Apr 2023 to Apr 2024