Kodak Sells Microfilm Unit

From a Kodak News Release:

Eastman Kodak Company has completed the sale of certain assets of its microfilm products and equipment business to Eastman Park Micrographics, Inc.

Eastman Park Micrographics and its affiliates, headquartered in Dallas, have a long and proven track record of providing products and services related to archival storage, retrieval, restoration and preservation of historical documents and records in county recorder offices throughout the U.S.

The sale includes agreements for Kodak to continue supplying current microfilms, as well as to provide service and support for microfilm equipment. It also includes Kodak’s data conversion services business, based in Monroe, N.C., which converts data between analog and digital formats.

The sale does not include Kodak’s Document Imaging business, a fundamental element in Kodak’s Business Solutions and Services Group – Kodak is committed to continued success and market leadership in document scanners, capture software, information capture solutions, and services.

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[Tony] Barbeau [General Manager, Document Imaging at Kodak] noted that microfilm remains unrivaled for long-term archival storage of vital records, so Kodak recognizes how important these assurances are for customers.

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“Eastman Park Micrographics is strongly committed to this microfilm business,” said William (Sonny) Oates, Chief Executive Officer of Eastman Park Micrographics. “We see excellent prospects for long-term growth. Eastman Park Micrographics is committed to investing in the business to support its further development. We are looking forward to the opportunity to continue providing customers with the high levels of quality and satisfaction established by Kodak.”