Press Release Report News & Deals

From Samyang:
 
17th March, 2011
 
Temporary shortage of Samyang lenses between April and May
 
Delta Company, the sole representative and distributor of Samyang products for Europe announces there may be some temporary shortage of Samyang lenses between April and May. This is due to suspension in deliveries of optical lenses produced in Japan by factories located on the area destroyed by the Tsunami wave which hit Japanese shores on 11th of March 2011. We will be informing our customers about any changes concerning availability of our products.

128GB and 64GB SDXC Cards Enable Capture of High-Resolution Images and HD Video on Compatible Devices
 
Fremont, CA, March 15, 2011 – Lexar Media, a leading global provider of memory products for digital media, today announced it is now shipping the Lexar® Professional Secure Digital Extended Capacity (SDXC) 133x memory card in capacities of 128GB, an industry first, and 64GB. The Lexar Professional SDXC cards are available in B&H Photo and Video [coming soon], and Adorama Camera [preorders taken] stores across the U.S, as well as on www.lexar.com.
 
These large capacities make Lexar Professional 133x SDXC cards an excellent choice for shooting continuous, rapid-fire images and extended lengths of 1080p high-definition (HD) video on a single, high-performance solution. Also, the Professional SDXC cards offer a Class 10 speed rating with a minimum guaranteed speed of 133x, or 20MB per second, and accelerate professional workflow by quickly transferring high-resolution images and HD video from the memory card to the computer when paired with an SDXC-enabled card reader, such as the Lexar Multi-Card 24-in-1 USB Reader.
 
“We saw a demand for a professional card that would allow photographers to not only capture more high-resolution images and HD video, but to also take advantage of the full capabilities of their high-performance digital SLRs and camcorders,” said Pachi Chen-Wong, senior product marketing manager, Lexar Media. “With the new Lexar Professional SDXC cards, we developed a product that will enhance the professional photography workflow. With capacities of 64GB and 128GB, photographers can capture, store and transfer more images and HD video in one place than ever before.”
 
The Lexar Professional 133x SDXC memory cards include the latest version of award-winning Image Rescue® software to help recover lost or deleted photo and video files. All Lexar product designs are tested in the Lexar Quality Labs, a group of facilities where all Lexar product designs undergo extensive testing to ensure performance, quality, compatibility, and reliability with more than 800 intended digital devices.
 
The Lexar Professional SDXC cards include a limited lifetime warranty and free, dedicated professional technical support. The 64GB and 128GB Lexar Professional SDXC memory cards are available now at B&H Photo and Video [coming soon], Adorama Camera [preorders taken] and on Lexar.com, with MSRPs of $199.99 and $329.99 respectively.

Vitec, the international provider of products and services for the broadcast, photographic, and MAG (military, aerospace and government) markets, announces that it has acquired the entire share capital of Henry Holdings Limited ("HHL"), for a cash consideration of up to £9.75 million (the "Acquisition"). HHL is the owner of Lastolite Limited in the UK ("Lastolite").
 
Based in Coalville, Leicestershire, Lastolite employs approximately 80 people and is a leading designer, manufacturer and supplier of lighting control accessories and backgrounds for the photo, video and cinema industry. Established in 1986, Lastolite produces highly innovative products for the keen amateur and professional photographer. It is also the owner of the Colorama brand of paper backgrounds.
 
The Acquisition will complement Vitec's existing range of Manfrotto lighting supports and LED lights with lighting control accessories, thereby strengthening the Company's position in this part of the accessories market.
 
Lastolite will operate as a standalone business within Vitec's Imaging and Staging Division. Lastolite's existing senior management, including the Managing Director, Sean Henry, will be retained by the business reporting to the Divisional Chief Executive, Francesco Bernardi.
 
For the financial year ended 31 December 2010, Lastolite generated audited sales of £8.0 million (of which £1.5 million were to Vitec Group entities) and adjusted profit before tax of £1.4 million. As at 31 December 2010, Lastolite had gross assets of £3.5 million.
 
Under the terms of the Acquisition, an initial consideration of £8.75 million was paid on completion and is subject to post-completion adjustments for changes in net assets. Up to a further £1.0 million is payable in 2012 based on operating profit for the year ending 31 December 2011. At completion, Lastolite had net cash balances (net of liabilities assumed by Vitec) of £0.3m. Consideration has been paid in cash, financed out of Vitec's existing revolving credit facilities. The Board expects the Acquisition to be earnings enhancing (on an adjusted basis) in the year ending 31 December 2011 (see note 1).
 
Stephen Bird, Vitec's Group Chief Executive, commented on the acquisition:
 
"We are delighted to announce the acquisition of Lastolite, which is in line with our strategy of broadening our lighting offering within the photographic market. The Lastolite business and its management are well known to us and we look forward to the Lastolite and Manfrotto teams working together, sharing distribution and sales opportunities."

Think Tank Photo has launched a huge new equipment case - the Logistics Manager.
 
The Logistics Manager is available now from Think Tank Photo. I want one.

Canon has announced its intention to acquire the .canon gTLD (generic Top Level Domain) Name.