Kodak News; April 1 – 5

History in the making…

On Tuesday Kodak announced that James V. Continenza has been elected as a member of the Board of Directors. Mr. Continenza brings to Kodak experience as a manager and director with diverse companies that have successfully emerged from corporate restructuring.

On Wednesday it was announced that the University at Albany College of Nanoscale Science and Engineering (CNSE) will be buying a Kodak building in Canal Ponds Business Park in Greece NY. Estimates of the price of the sale vary from $2.6 to $3.3 million. The building will be used to expand work involving the Smart System Technology and Commercialization Center (STC) in Canandaigua, which is owned by the CNSE. After some renovation, the lab will be used to expand the nanotechnology that is used in things like camera sensors. I believe that this building was former used as Kodak’s computer data center.

Friday’s news came from JK Imaging, Ltd., who is a licensee of Kodak for a new line of digital camera. The KODAK PIXPRO AZ361 camera features 16 megapixel imaging with a 36X zoom lens. It has optical image stabilization. It also has a 3 inch viewing screen on the back. The camera does high-definition video at 720p and connects via an optional HDMI cable to HD-TVs. The camera, which is available¬† in 4 colors (blue, white, silver & red) comes with a 8mb SD card. The camera is available now on HSN.com for $199.95.