Kodak Announces Agreement to Acquire Applied Science Fiction™ Technologies
ROCHESTER, N.Y., May 12 – Eastman Kodak Company today announced a definitive agreement to acquire Applied Science Fiction’s proprietary rapid film processing technology, Digital PIC™, and other key assets, the company’s latest effort to make photography in all its forms easy and ubiquitous in a digital age. Terms of the agreement were not disclosed.Applied Science Fiction is the creator of the award-winning Digital ICE™ and Digital ICE3™ technologies, the leader of automatic photo restoration applications, as well as the inventor of the cutting-edge digital dry film processing system Digital PIC. Digital PIC rapidly develops standard color negative film without chemical mixing or plumbing. The process simultaneously renders a digital image file that can be used to print photographs and write images on a CD.
Kodak sees a generation of Picture Maker kiosks that function much like automatic picture machines, available everywhere and providing processing and printing for either film or digital camera users. Since these machines will accept film or digital camera input, as well as prints, consumers will be able to preview and select, edit and print their pictures in a matter of minutes. These kiosks will appeal both to existing photo retailers who want to give consumers greater access to their pictures as well as to the expanding channels for picture-taking activities such as vacation and entertainment venues.
Read the ASF/Kodak press release.
