SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULA 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
May 31, 2000
CREO PRODUCTS INC.
(Exact name of Registrant as specified in its charter)
3700 Gilmore Way
Burnaby, B.C. Canada V5G 4M1
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.)
Form 20-F x Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934.)
Yes No x
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FOR IMMEDIATE RELEASE
CREO ACQUIRES INTENSE SOFTWARE INC.
Vancouver, BC, CANADA (31 May, 2000) Creo Products Inc. (NASDAQ: CREO; TSE:
CRE) ("Creo") is pleased to announce the acquisition of Intense Software Inc., a
Vancouver-based software development company. The acquisition of the Intense
Software assets - in exchange for US $16 million in combined cash and stock -
gives Creo exclusive rights to technologies and products that will complement
CreoScitex systems. CreoScitex is the principal operating division of Creo and
focuses on the graphic arts industry.
Founded in 1995, Intense Software develops and markets software for graphic
designers, business users, and printing professionals. The company also custom-
engineers software under contract for several industry-leading companies.
Through this acquisition, Creo will gain access to the existing network of over
50 of Intense Software distributors and resellers in North America, Europe, the
Pacific Rim, Japan, and Latin America.
Intense Software products help users add value to all aspects of the creation
process. Several content-modification plug-in products are of particular
interest for ongoing application in the graphic arts industry through
CreoScitex:
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PDF Seps2Comp An Adobe(R) Acrobat(R) plug-in for converting separated PDF
files to composite PDF files
Powertone An Adobe PhotoShop(R) plug-in for creating stunning duotones
Silvertone An Adobe PhotoShop plug-in for creating spot metallic
separations
Kimbo An Adobe Illustrator(R) plug-in for simplifying the creation
of difficult and time-consuming artwork
Curvius An Adobe Illustrator plug-in for cleaning up vector art
Intense has performed custom software engineering for industry-leading companies
involved in prepress and print-production. Through this work and other
development, the team has developed core expertise in PostScript, PDF, and color
conversion.
"Bringing the Intense team on board will help CreoScitex expand activities in
the content-creation area, where customers are increasing their knowledge and
application of advanced digital technologies at an incredible pace," said Judi
Hess, Corporate VP of Printing Workflow Solutions at CreoScitex. "In the future,
we see Intense expertise contributing to new PDF developments, innovative new
plug-ins, and other significant advancements in the CreoScitex workflow product
group."
"Joining Creo will allow us to deliver the benefits of Intense products to a
much larger market worldwide," said Vince Lebow, President of Intense Software
Inc. "Combining our specialized expertise with the broad strengths of
CreoScitex in the graphic arts industry will result in the best tools for
customers at the content-creation stage of print-production."
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As part of the agreement, 30 employees of Intense Software Inc. - including its
founders - will take on new roles within the CreoScitex graphic arts division of
Creo.
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About Creo
Based in Vancouver, Canada, Creo Products Inc. is a publicly held high-
technology company focused on the application of imaging and information
technology. Through CreoScitex - its principal operating division - Creo is
leading the digital transformation of the graphic arts industry. Creo Products
Inc. trades under the symbols CREO on NASDAQ and CRE on the Toronto Stock
Exchange. www.creo.com
Creo, the Creo logo, CreoScitex, and the CreoScitex logo, are registered
trademarks or trademarks of Creo Products Inc. Other products may be the
