AGFA PHOTO files for Insolvency

This one hits close to the heart ... many times in the past I have worked with Agfa and many of their different divisions. The insolvency filing by AGFA Photo Gmbh is a big one. Now lets clarify issues, AGFA Photo is not AGFA (Agfa-Gevaert), AGFA Photo was sold to an invesment group composed of senior management a few months back by the parent company. Agfa-Gevaert provides AgfaPhoto with distribution and order fulfillment and other services. The loss of this company will be keenly felt, so there is hope that they could recover, given the right combination of factors.