9th February 2017

Eastman Kodak Company picks Kyriba to further drive efficiencies in global treasury management

NEW YORK –Kyriba Corp. today announced Eastman Kodak Co. (KODK) selected Kyriba treasury solutions, including global connectivity, bank account management, in house banking, and payments management to enhance its global treasury operations, financial controls and cash visibility.

Kodak is a technology company focused on imaging. Kodak provides – directly and through partnerships with other innovative companies – hardware, software, consumables and services to customers in graphic arts, commercial print, publishing, packaging, electronic displays, entertainment and commercial films, and consumer products markets. With its world-class R&D capabilities, innovative solutions portfolio and highly trusted brand, Kodak is helping customers around the globe to sustainably grow their own businesses and enjoy their lives.

“As innovators in technology, we understand the power of a cloud-based Fintech solution, and have made a decision to further enhance our financial technology with Kyriba,” said Bill Love, Treasurer and Director of Investor Relations, Kodak. “Our business moves at a high-speed, and we require a technology which will keep pace with our needs. The Kyriba solution will empower our global finance teams to better manage our Treasury assets.”

“Global organizations are pressed to make strategic decisions about their financial assets and require 100 percent cash visibility to do so,” said Jean-Luc Robert, Chairman and CEO, Kyriba. “We are thrilled to work with Kodak to strengthen their financial controls and achieve their vision.”

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