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Print Palace Textildruck Redefines the Future of Custom Textiles with Transition of Production Volumes from Screen Printing to On-Demand, Digital Production from Kornit Digital

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Kornit Digital (NASDAQ: KRNT) announced that Print Palace Textildruck, a leading German provider of music and event merchandise, is transitioning from screen printing to digital production using Kornit's Apollo system. This shift aims to streamline operations and meet medium-run production requirements more efficiently. Print Palace is adopting the Kornit Apollo production line to accelerate productivity and improve unit economics for runs up to 500 pieces, without compromising quality.

The transition is supported by Kornit's new All-Inclusive Click (AIC) model, allowing Print Palace to handle jobs more quickly and improve time-to-market. This move is in response to increasing demand for high-quality, vibrant colors, and unique designs in smaller quantities, which was causing bottlenecks in their screen production process.

Kornit Digital (NASDAQ: KRNT) ha annunciato che Print Palace Textildruck, un importante fornitore tedesco di merchandising musicale ed eventi, sta passando dalla serigrafia alla produzione digitale utilizzando il sistema Kornit Apollo. Questo cambiamento mira a semplificare le operazioni e a soddisfare in modo più efficiente le esigenze di produzione a tirature medie. Print Palace sta adottando la linea di produzione Kornit Apollo per accelerare la produttività e migliorare l'economia unitaria per produzioni fino a 500 pezzi, senza compromettere la qualità.

Il passaggio è supportato dal nuovo modello All-Inclusive Click (AIC) di Kornit, che consente a Print Palace di gestire i lavori più rapidamente e di migliorare il time-to-market. Questa mossa è una risposta all'aumento della domanda di colori vivaci e di alta qualità, e di design unici in quantità minori, che stava causando colli di bottiglia nel loro processo di produzione serigrafica.

Kornit Digital (NASDAQ: KRNT) anunció que Print Palace Textildruck, un proveedor alemán líder de merchandising de música y eventos, está haciendo la transición de la serigrafía a la producción digital utilizando el sistema Kornit Apollo. Este cambio tiene como objetivo simplificar las operaciones y satisfacer de manera más eficiente los requisitos de producción en tiradas medias. Print Palace está adoptando la línea de producción Kornit Apollo para acelerar la productividad y mejorar la economía unitaria en tiradas de hasta 500 piezas, sin comprometer la calidad.

La transición está respaldada por el nuevo modelo All-Inclusive Click (AIC) de Kornit, que permite a Print Palace manejar trabajos más rápidamente y mejorar el tiempo de comercialización. Este movimiento responde a la creciente demanda de colores vibrantes y de alta calidad, y de diseños únicos en cantidades más pequeñas, lo que estaba causando cuellos de botella en su proceso de producción por serigrafía.

Kornit Digital (NASDAQ: KRNT)는 독일의 음악 및 이벤트 상품 공급업체인 Print Palace TextildruckKornit Apollo 시스템을 사용하여 스크린 인쇄에서 디지털 생산으로 전환하고 있다고 발표했습니다. 이 전환은 운영을 간소화하고 중간 생산 요구사항을 보다 효율적으로 충족시키기 위한 것입니다. Print Palace는 500개 조각까지의 생산에서 생산성을 가속화하고 단가 경제성을 개선하기 위해 Kornit Apollo 생산 라인을 채택하고 있습니다. 품질은 타협하지 않습니다.

이 전환은 Kornit의 새로운 All-Inclusive Click (AIC) 모델에 의해 지원되며, Print Palace가 작업을 더 빠르게 처리하고 시장 출시 시간을 개선할 수 있도록 합니다. 이 조치는 수량이 적은 고품질, 생생한 색상 및 독창적인 디자인에 대한 수요 증가에 대응하는 것으로, 이로 인해 스크린 생산 과정에서 병목 현상이 발생하고 있었습니다.

Kornit Digital (NASDAQ: KRNT) a annoncé que Print Palace Textildruck, un fournisseur allemand de premier plan de produits dérivés de musique et d'événements, passe de l'impression sérigraphique à la production numérique en utilisant le système Kornit Apollo. Ce changement vise à rationaliser les opérations et à répondre de manière plus efficace aux besoins de production en tirages moyens. Print Palace adopte la ligne de production Kornit Apollo pour accélérer la productivité et améliorer l'efficacité unitaire pour des tirages allant jusqu'à 500 pièces, sans compromettre la qualité.

La transition est soutenue par le nouveau modèle All-Inclusive Click (AIC) de Kornit, permettant à Print Palace de gérer les travaux plus rapidement et d'améliorer le délai de mise sur le marché. Cette initiative répond à la demande croissante de couleurs vives et de haute qualité, ainsi que de designs uniques en plus petites quantités, ce qui causait des goulets d'étranglement dans leur processus de production sérigraphique.

Kornit Digital (NASDAQ: KRNT) gab bekannt, dass Print Palace Textildruck, ein führender deutscher Anbieter von Musik- und Eventmerchandise, von der Siebdrucktechnik auf digitale Produktion mit dem Kornit Apollo System umsteigt. Dieser Wechsel zielt darauf ab, die Abläufe zu optimieren und die Produktionsanforderungen für mittlere Auflagen effizienter zu erfüllen. Print Palace nutzt die Kornit Apollo Produktionslinie, um die Produktivität zu steigern und die Wirtschaftlichkeit bei Auflagen von bis zu 500 Stück zu verbessern, ohne die Qualität zu beeinträchtigen.

Der Übergang wird durch das neue All-Inclusive Click (AIC) Modell von Kornit unterstützt, das es Print Palace ermöglicht, Aufträge schneller zu bearbeiten und die Markteinführungszeit zu verkürzen. Dieser Schritt erfolgt als Reaktion auf die steigende Nachfrage nach hochwertigen, lebendigen Farben und einzigartigen Designs in kleineren Mengen, die Engpässe in ihrem Siebdruckprozess verursachten.

Positive
  • Kornit Digital secures a significant customer in the German custom apparel market
  • Print Palace's adoption of Kornit Apollo system may lead to increased sales for Kornit
  • The transition showcases the effectiveness of Kornit's new All-Inclusive Click (AIC) model
  • Kornit Apollo enables faster production and improved unit economics for medium-run jobs
Negative
  • None.

Print Palace Textildruck's transition to digital production with Kornit Apollo signals a significant shift in the custom textile industry. This move addresses the growing demand for medium-run productions (up to 500 pieces) with faster turnaround times. The adoption of Kornit's All-Inclusive Click (AIC) model suggests a trend towards more flexible and cost-effective production methods in the industry.

For investors, this partnership highlights Kornit Digital's potential for market expansion in the European custom apparel sector. The company's ability to attract established players like Print Palace demonstrates the competitive advantage of its digital solutions. However, the impact on Kornit's financials remains to be seen, as the success will depend on wider adoption and the performance of the AIC model in real-world applications.

The Kornit Apollo represents a technological leap in digital textile printing. Its ability to handle medium-run productions efficiently addresses a important gap between traditional screen printing and small-batch digital printing. The system's high-quality output, combined with its speed, positions it as a disruptive force in the industry.

From a technical standpoint, the Apollo's capacity to maintain color vibrancy and handle unique designs at scale is noteworthy. This could lead to increased market share for Kornit in the mid-volume production segment. However, the long-term success will depend on the system's reliability, maintenance costs and ability to adapt to evolving textile materials and inks.

Kornit Digital's partnership with Print Palace Textildruck presents a positive outlook for the company's revenue growth. The introduction of the All-Inclusive Click (AIC) model suggests a shift towards a more predictable revenue stream, potentially improving Kornit's financial stability. However, investors should note that the impact on Kornit's financials may not be immediate.

The success of this venture depends on factors such as adoption rates, the performance of the AIC model and the overall market reception to digital textile printing. While the partnership with a prominent player like Print Palace is encouraging, it's important to monitor Kornit's ability to scale this model and attract more customers in the medium-run production segment. The stock may see increased interest, but cautious optimism is advised until more concrete financial results are available.

  • German-based provider of music and event merchandise, branded fashion, and promotional apparel makes first move to digital to streamline production operations with adoption of the Kornit Apollo
  • With Kornit’s new All-Inclusive Click (AIC) Model, Print Palace embraces shift from analog to digital production, more rapidly meeting medium-run production requirements, with the highest level of quality

LAS VEGAS, Sept. 12, 2024 (GLOBE NEWSWIRE) --  PRINTING UNITED EXPO - Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile production technologies, announced today one of the largest custom music and event merchandise providers in Germany is making its first move to digital by shifting production volumes from screen printing processes to digital production, with Kornit Digital. Print Palace Textildruck is adopting the award-winning Kornit Apollo production line to accelerate productivity and agility while improving unit economics for mid-sized production runs – without sacrificing quality.

A leader for more than 30 years, Print Palace delivers some of the most robust, creative, quality apparel for top bands and fan merchandise, promotional apparel and branded fashion. Originally dedicating much of its production capacity to screen printing, the company is now making a significant digital transformation by making its first move to digital – transitioning production volumes to on-demand, digital production. Supported by Kornit’s new All-Inclusive Click (AIC) model, the producer plans to use Kornit Apollo to handle production jobs of up to 500 pieces to improve overall speed and time-to-market, and additionally make its screen-printing business more profitable through a combined production approach.

“During the past several years, we’ve seen the number of jobs of up to 500 pieces dramatically increasing, combined with the demand for high quality, color vibrancy, and unique designs. This caused major bottlenecks in our screen production,” said Volker the Owner of Print Palace Textildruck. “Kornit Apollo is one of the biggest developments we’ve seen in digital production in years and is by far an elite solution for medium-run production. Teaming with Kornit, we’re going to be able to deliver to customers what they want, when they want it – and at the level of quality and vibrancy they’ve come to expect from us.”

“For custom apparel and merchandise, customers are no longer willing to place an order and then wait weeks to receive finished goods. Apparel such as t-shirts and branded wear is all about creative self-expression, allowing the wearer to express their thoughts, feelings, and emotions - and share it with the world almost instantaneously. Screen printing was not designed to make that happen,” said Ronen Samuel, Chief Executive Officer at Kornit Digital. “With the Kornit Apollo and the new AIC Model, we’re enabling producers to directly answer this demand through high-quality on-demand production. We’re honored to team with such an industry leader as Print Palace Textildruck to help customers easily fulfill their dreams through the ultimate in custom apparel.”

The future of on-demand digital textiles is being realized today with Kornit Apollo. See the solution live for the first time at PRINTING United Expo in Las Vegas, Nevada from September 10 – 12. Visit Kornit at Booth No SL5029

About Kornit Digital
Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies. The company offers end-to-end solutions including digital printing systems, inks, consumables, software, and fulfillment services through its global fulfillment network. Headquartered in Israel with offices in the USA, Europe, and Asia Pacific, Kornit Digital serves customers in more than 100 countries and states worldwide. To learn more about how Kornit Digital is boldly transforming the world of fashion and textiles, visit www.kornit.com.

Kornit Media Contact
Craig Librett
Public Relations
Craig.librett@kornit.com

Ingrid Van Loocke
Public Relations – Europe
ingrid@pr4u.be

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f7bd1f2d-97ac-48f8-9b66-b7d105194544


FAQ

What is Print Palace Textildruck transitioning to with Kornit Digital's technology?

Print Palace Textildruck is transitioning from traditional screen printing to on-demand, digital production using Kornit Digital's Apollo production line for medium-run jobs of up to 500 pieces.

How does the Kornit Apollo system benefit Print Palace Textildruck?

The Kornit Apollo system allows Print Palace to accelerate productivity, improve agility, enhance unit economics for mid-sized production runs, and meet increasing demand for high-quality, vibrant colors, and unique designs more efficiently.

What is Kornit Digital's All-Inclusive Click (AIC) model mentioned in relation to KRNT stock?

Kornit Digital's All-Inclusive Click (AIC) model is a new offering that supports Print Palace's transition to digital production, enabling them to handle production jobs more quickly and improve overall speed and time-to-market.

Where and when can the Kornit Apollo solution be seen live according to the KRNT press release?

The Kornit Apollo solution can be seen live at the PRINTING United Expo in Las Vegas, Nevada from September 10 – 12, 2024, at Kornit's Booth No SL5029.

Kornit Digital Ltd.

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