Midland Exhibiting at PRINTING United Expo October 19-22, 2022

Flint Group announced the launch of XSYS, a brand-new division, the result of combining Flint Group Flexographic with Xeikon Prepress. Although the two groups have been working closely for some time in support of the flexographic and letterpress markets, this formal alignment will bring even more collaboration and innovation to the group and to its customers. With the tagline Be Brilliant, the new division will work with its customers to honour its claim of Print Solid. Stay Flexible. “With the integration of Xeikon Prepress with Flint Group Flexographic, we are now connecting the dots and are implementing an important step of our strategy to become a full solution provider for the flexographic prepress industry,” said Dagmar Schmidt, President of XSYS. “In forming this new division, we bring together what belongs together: Plates, Processing Equipment (solvent-and solvent free), Imagers, Sleeves and Adapters. And with this move, we expand our expertise towards our customers. The name derives from ThermoFlexX, nyloflex, Xpress and other brands that feature the X, combined with Systems to form the name XSYS.”

The first thing one notices upon approaching Paolo Olbi’s bookstore from Ca’ Foscari bridge in Venice is the intricate patterns and vibrant colors. His carefully displayed selection of handmade books, notebooks, and stationery look like an old postcard. Olbi himself, an impeccably dressed and groomed 78-year-old native Venetian, is as much a caretaker as an artisan. “I started learning handmade bookmaking at 18,” he says. “And 60 years later I am still loving it.” The books for sale at Olbi’s store are traditionally hand-bound, using techniques that can only be learned through apprenticeships with masters of the form. When he started in this trade, there were around 20 traditional bookbinding shops in Venice. Today, he is one of just three.

Financial Highlights: *Net sales of $532 million compared to $869 million in the second quarter of 2019 *Organic net sales decrease of 29.1% from the second quarter of 2019 *GAAP net loss of $63 million, or $1.86 per diluted share, compared to net loss of $25 million, or $0.72 per diluted share, in the second quarter of 2019 *Cash balance of $97 million as of June 30, 2020, providing sufficient liquidity to continue to fund ongoing operations *No drawings under our debtor-in-possession ("DIP") credit facility