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About Cabling Installation & Maintenance:

Bringing practical business and technical intelligence to today's structured cabling professionals.

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on:

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Carestream Successfully Completes Recapitalization to Strengthen Balance Sheet and Enhance Financial Flexibility

Moves Forward with Renewed Commitment to Investing in Innovation, High-Value Technology and Customer-Focused Solutions

Carestream Health (“Carestream” or the “Company”) today announced that it has successfully completed its recapitalization process and emerged from Chapter 11. Through this expedited process, Carestream has eliminated approximately $470 million in debt and significantly strengthened the Company’s balance sheet. As previously announced and concurrent with the emergence, certain of Carestream’s existing lenders have become the new owners of the Company.

As a global leader in medical imaging and non-destructive testing, Carestream is well positioned to grow in a dynamic environment by capturing opportunities in new and existing markets around the world.

“Today marks an important turning point for our Company as we continue our pivot toward implementing a growth strategy to drive value for all our stakeholders,” said David C. Westgate, Chairman, President and CEO of Carestream. “With our strong market position and global operations, we are moving forward with a fortified capital structure and a talented team poised to capitalize on new market opportunities while continuing to meet the evolving needs of our customers. As we charge ahead, we will continue to apply an unwavering commitment to provide high-value technology, products and services to help our customers be successful.”

Mr. Westgate continued, “I would like to express my gratitude to our customers and partners for their ongoing support, and to our employees for their continued dedication to serving our customers. The overwhelming support of Carestream’s new owners and their confidence in Carestream’s future is a testament to the strength of our business and the solutions we provide. We look forward to working with our new owners as we continue to drive improved profitability and build on our long history of quality and industry leadership.”

Advisors

Kirkland & Ellis LLP is serving as the Company’s legal counsel and Houlihan Lokey Capital, Inc. is serving as its financial advisor.

Akin Gump Strauss Hauer & Feld LLP and GLC Advisors & Co. are serving as legal counsel and financial advisor, respectively, to a crossover group of the Company’s first lien and second lien secured lenders.

About Carestream Health

Carestream is a worldwide provider of medical imaging systems; X-ray imaging systems for non-destructive testing; and precision contract coating services for a wide range of industrial, medical, electronic and other applications—all backed by a global service and support network. For more information about the company’s broad portfolio of products, solutions and services, please contact your Carestream representative or call 1-888-777-2072 or visit www.carestream.com.

CARESTREAM is a trademark of Carestream Health.

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