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During the Second World War he served as a civilian instructor for the Link Trainer and taught Ground School courses at #20 EFTS in Oshawa, from June 1940 until its disbandment in November 1944, logging 4,234.25 hours of Link instruction. FYI, the small Poppy you see on most of my printed material is in his memory. J.2020 - When the COVID-19 pandemic hit, Kodak quickly mobilized to supply Isopropyl Alcohol (IPA) for New York State’s “NYS Clean” hand sanitizer. ♦ Kodak launched KODAK SONORA NX2 Process Free Plate in Japan to enable newspaper publishers to reduce costs and increase efficiency. ♦ Kodak announced groundbreaking innovations across its digital and offset portfolio, including the KODAK PROSPER ULTRA 520 Inkjet Press powered by KODAK ULTRASTREAM Inkjet Technology. Other new products included: SONORA XTRA Process Free Plates, cloud-based Prinergy On Demand, UTECO Sapphire EVO W Press, MAGNUS Q800 Platesetter and new MAGNUS Q4800 Platesetter which will be available in 2021. ♦ Kodak won nine awards for digital innovations across four prominent business competitions including the InterTech Awards, the Buyer’s Lab Outstanding Innovation Awards, the PRINTING United Product of the Year and the European Digital Press Association Awards.
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♦ Kodak launched revolutionary KODAK PRINERGY On Demand Business Solutions, a fully managed software system integrated with Microsoft, PrintVis and VPress. ♦ In the third quarter of 2020, Kodak converted $100 million of Secured Convertible Notes into common stock, which satisfied the Company's obligations under the converted notes and effectively eliminated that debt.Ģ019 - Jim Continenza was named Executive Chairman and assumed the responsibilities of Jeffrey J.
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♦ Kodak launched its KODAK PROSPER Plus Imprinting Systems for the packaging industry. ♦ Kodak commemorated 20 years of KODAK PRINERGY Workflow Software, which continues to be a leading prepress automation solution for commercial and packaging print industries. ♦ Kodak completed the sale of its Flexographic Packaging Division to Montagu, netting $320 million which the Company used to pay down term debt. ♦ Kodak introduced KODAK Industrial X-Ray Films and Chemicals for non-destructive testing (NDT). ♦ Kodak launched KODACOLOR Direct to Garment (DTG) Inks. ♦ Kodak closed the sale of $100 million in Secured Convertible Notes to Southeastern Asset Management, an employee-owned, global investment management firm.
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This allowed Kodak to repay in full the $83 million outstanding in First Term Lien loans from bankruptcy.
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