Press Release

Scodix Completes Initial Public Offering on the Tel Aviv Stock Exchange

– Scodix is engaged in the development and marketing of digital printing enhancement presses –

Scodix, Israel – July 22, 2021 – Scodix (TASE: SCDX), the world’s leading provider of digital enhancement solutions for the graphic arts industry, has announced today that the Tel Aviv Stock Exchange now includes Scodix as a publicly traded company, under the ticker symbol SCDX. Scodix raised approximately NIS 62 million ($19 million) in the IPO. Eli Grinberg, CEO, and founder of Scodix, states, “We thank investors for their significant expression of confidence in Scodix, which is reflected in the successful IPO recruitment.”

Grinberg adds, “Scodix has identified significant demand for enhanced printing solutions in the packaging and Web-2-Print markets and aims to increase its foothold. In recent months, we have worked with leading global packaging manufacturers and recognize the growing interest in our solutions. At the same time, we continue to serve the commercial print market.”

Scodix presses are among the first in the world to provide a digital solution for print enhancement and significantly shorten the enhancement cycle time compared to analog presses. Offering the widest variety of digital enhancement on the market, including Scodix Foil™, Scodix Sense™, Scodix Cast&Cure™ and more. Scodix enhanced print delivers a tactile experience and high-end impact for brands that want their products to stand apart.

Scodix’ current line of presses includes the recently launched Scodix Ultra Digital Enhancement series of presses, including six presses that each appeal to a different market, allowing for printing in different volumes and different sheet sizes up to B1.

The company markets the presses to all print service providers and converters as follows: the Scodix Ultra 5000 and 6000 presses for packaging, the Scodix Ultra 4000 and 3000 presses for Web-2-Print and the Scodix 2000 and 1000 presses for the commercial print and specialty markets. To date, Scodix has registered 41 patents and is in the process of filing 3 patent applications worldwide.

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Picture caption #1: Eli Grinberg, CEO, and founder of Scodix

Picture caption #2: The Scodix Ultra range of digital enhancement presses were developed for the commercial print, packaging and Web-2-Print markets

About Scodix

Scodix Ltd. is a leading provider of digital print enhancement presses for the graphic arts industry, giving print service providers and converters real, measurable added value to the products they deliver to their customers. Scodix gives clients the tools they need to expand their product portfolio and stay one step ahead of the competition. Through its Scodix S Series, Scodix Ultra series and Scodix E106™ press, the company offers a range of applications including: Scodix Sense™ with exceptional tactile results for embossed effects; Scodix Foil™ utilizing all types of foil to deliver unmatched foil enhancement capabilities; Scodix Spot™ for silkscreen effects; Scodix VDP/VDE™ (with barcode) for personalization including variable foil; Scodix Metallic™ enhance print with metallic coloring; Scodix Glitter™ for a digital-glittering experience; Scodix Braille™ for short-run production; Scodix Crystals ™ replacing the manual placement of chatons; and Scodix Cast&Cure™ for 3D holographic effects. What’s more, all Scodix applications are manufactured on a single Scodix digital enhancement press.

 

The company’s aim is to lead print enhancement into the digital age and to be known for its passion and commitment to providing what customers need the most – true brand differentiation for today’s highly competitive printing environment.

For more information, visit www.scodix.com or email info@scodix.com.

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Copyright 2021. All brand names are the property of their respective owners and may or may not be trademarked. Scodix is traded on the Tel Aviv Stock Exchange (SCDX).

Media Contacts

Robert Dugan
Marketing Manager at Scodix
T: +972-(3)-903-3371 (x147)
E: robert.d@scodix.com

Claire Russell-Jones
Bespoke for Scodix
T: +44 (0) 1737 215 200
E: scodix@bespoke.co.uk