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High Silver Costs Trigger Another Kodak Price Hike

Photonics.com
Dec 2006
ROCHESTER, N.Y., Dec. 18, 2006 -- Eastman Kodak Co.'s Health Group today announced price increases worldwide on all its medical imaging films and related supplies for the second time this year.

Kodak cited continued high costs of raw materials, especially silver, as the primary reason for the price hikes. The current increases, effective immediately, range from 8 to 12 percent, but vary depending on products and markets around the world, the company said.

The Health Group, with 2005 revenues of $2.65 billion, supplies doctors and dentists with products such as picture archiving and communications systems, radiology information systems, healthcare information systems, computed radiography and digital radiography systems, laser imagers, mammography and oncology systems, dental imaging and x-ray film systems.

"This year has seen unprecedented high costs for basic commodities such as silver. These costs continue to escalate," said Health Group President Kevin Hobert. "This situation requires an additional price increase to maintain production of the high-quality film products our customers expect. This is a step that we must take to keep pace with rising raw material costs."

For more information, visit: www.kodak.com/go/health



GLOSSARY
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
radiography
A photographic process using x-ray radiation or the g-rays of radioactive materials.
x-ray film
A film or plate that is usually coated on both sides with a very fast emulsion that is sensitive to x-rays, and used to record x-ray diffraction patterns photographically.
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