New EFI IQuote Software Brings Innovation to the World of Estimating at Print 2013

Zaventem, Belgium, (PresseBox) - EFI(TM) today announced that a new version of EFI IQuote estimating software developed for the worldwide market is making its North American debut at the Print 13 trade show in Chicago.

The software, one of eight EFI products to win a 2013 MUST SEE 'EMS award, is a browser-based, JDF-compliant system that takes flexibility and automation in estimating to a higher level. Originally developed for the Latin American market by a company EFI acquired in 2012, Brazil-based Metrics Sistemas de Informação, the newest version of IQuote will be commercially available in early 2014.

"At EFI, we continue to look for opportunities to bring best-of-breed technology from around the world to our client base," said Marc Olin, EFI interim CFO and senior vice president and general manager of EFI Productivity Software. "We believe Print 13 attendees will be very excited about the ways IQuote can transform their estimating processes."

Any print process, with functionality across the printing plant

IQuote goes beyond many existing estimating tools in the industry, as it can be configured to work with offset, variable-data digital, book publishing, label and packaging, wide and superwide format inkjet printing and other processes. It also offers a simple-to-use but robust interface that makes it easy for personnel from different parts of a printing company to enter and obtain the information needed for quick and accurate quotes. The system plans all stages of the manufacturing process automatically so that a complete cost picture can be determined, then it selects the optimal approach to present to the user.

"What makes IQuote so different from other estimating software is the fact that the salesperson or estimator enters specifications for a job based on the elements and properties of the finished product - not on the technical processes required to complete it," according to Osmar Barbosa, vice president and general manager, EFI Productivity Software Latin America. "This distinction is important because it means that these users do not necessarily need to understand the technical production complexities of the job. At the same time, if desired, it is also possible to build product specifications that utilise specific technical processes."

"The beauty of the system," adds EFI's Olin, "comes from IQuote's automation and simplicity - users select the product they want to produce and add some details about their customers' requirements, and then the system automatically explores all of the available ways to produce the job at the plant, selecting the most efficient. IQuote offers a radical change from the way estimates work today, significantly reducing the time it takes to turn around an estimate and plan a job."

Throughout the process of creating an estimate and interacting with the client, IQuote users can track their estimate's status using the software's intuitive workflow model. Tasks, approvals and reminders can be attached to each step of the process, and all user interactions are saved in an audit log for historical review. At EFI's Connect user's conference next January, the company plans to show a version of IQuote integrated with its Monarch(TM) ERP software for complete job management, from order entry, to production to final shipping and billing.

For more information about EFI IQuote, visit www.efi.com

The EFI logo, Fiery, VUTEk and Jetrion are registered trademarks of Electronics for Imaging, Inc. in the U.S. and/or certain other countries. BESTColor is a registered trademark of Electronics for Imaging GmbH in the U.S. EFI and Rastek are trademarks of Electronics for Imaging, Inc. In the U.S. and/or certain other countries. Colorproof is a trademark of Electronics for Imaging GmbH in the U.S. and/or certain other countries.

All other terms and product names may be trademarks or registered trademarks of their respective owners, and are hereby acknowledged.


Nothing herein should be construed as a warranty in addition to the express warranty statements provided with EFI products and services. This news release contains forward-looking statements, that are statements other than statements of historical fact including words such as "anticipate", "believe", "estimate", "expect", "consider", "plan" and similar, any statements related to strategies or objectives of management for future operations, products, development, performance, any statements of assumptions or underlying any of the foregoing and any statements in the future tense. Forward-looking statements are subject to certain risks and uncertainties that could cause our actual or future results to differ materially. For further information regarding risks and uncertainties associated with EFI's businesses, please refer to the risk factors section in the Company's SEC filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q. EFI undertakes no obligation to update information contained herein, including forward-looking statements.

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EFI(TM) (www.efi.com) is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. Based in Silicon Valley, with offices around the globe, the company's powerful integrated product portfolio includes digital front-end servers; superwide, wide-format, label and ceramic inkjet presses and inks; production workflow, web to print, and business automation software; and office, enterprise and mobile cloud solutions. These products allow users to produce, communicate and share information in an easy and effective way, and enable businesses to increase their profits, productivity, and efficiency.

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