SECURITIES AND EXCHANGE COMMISION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
May 6, 2003
SCITEX CORPORATION LTD.
(Translation of registrant's name into English)
3 Azrieli Center
Triangle Building
Tel Aviv, 67023
Israel
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F ____
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.
Yes ____ No X
Attached to the Registrant's Form 6-K, and incorporated by reference herein is
the Registrant's press release dated May 4, 2003, announcing that the French
social security selected the Registrant's systems.
SIGNATURE
Pursuant to the requirement of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
SCITEX CORPORATION LTD.
Yahel Shachar
Chief Financial Officer
May 6, 2003
[LOGO OMITTED]
NEWS
FOR IMMEDIATE RELEASE
FRENCH SOCIAL SECURITY SELECTS SCITEX DIGITAL PRINTING FOR MULTI-YEAR SUPPLY
OF DIGITAL PRINTING SYSTEMS WITH A POTENTIAL VALUE OF $30 MILLION
TEL AVIV, ISRAEL - MAY 4, 2003. SCITEX CORPORATION LTD. (NASDAQ & TASE: SCIX)
announced today that its wholly-owned subsidiary, Scitex Digital Printing, Inc.,
based in Dayton, Ohio, has been selected to supply high-speed digital printing
systems to the Caisse Nationale d'Assurance Maladie des Travailleurs Salaries
(CNAMTS), the health branch of the French social security system. This was their
second selection of Scitex Digital Printing since 1998, and has the potential to
generate $30 million in equipment and service revenue (with approximately
two-thirds of such amount in equipment revenue) over a 5-year period.
The new digital printing systems to be supplied to CNAMTS feature the latest
Business Color(TM) technology from Scitex Digital Printing and are designed for
full color, page-wide printing at industrial production speeds with a low cost
of operation.
"The French social security system with its requirement to reach millions of
subscribers is an ideal fit with our digital printing technology," said Nachum
"Homi" Shamir, President and CEO of Scitex Digital Printing. "We are pleased and
gratified that this highly respected organization has embraced our Business
Color(TM) technology and has once again chosen Scitex Digital Printing for its
printing solution."
Scitex Digital Printing, Inc. is a world leader in ultra-high-speed digital
printing solutions with over 9,000 system installations worldwide and in a
variety of applications ranging from addressing, personalization and variable
messaging, to direct mail and short-run book printing and bill and statement
printing. Scitex Digital Printing's products include the VersaMark(R)
high-resolution page printing systems and the Dijit(R) range of narrow format
printers.
Scitex Corporation Ltd. is a world leader in industrial inkjet digital printing
solutions. Through its subsidiaries and strategic investments, Scitex
strengthens its market position in this specialized sector. Scitex shares trade
on NASDAQ and The Tel Aviv Stock Exchange under the symbol "SCIX". For more
information, please visit our Web site at www.scitex.com.
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EXCEPT FOR THE HISTORICAL INFORMATION HEREIN, THE MATTERS DISCUSSED IN THIS NEWS
RELEASE INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE "SAFE
HARBOR" PROVISIONS OF THE U.S. PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.
FORWARD-LOOKING STATEMENTS THAT ARE BASED ON VARIOUS ASSUMPTIONS (SOME OF WHICH
ARE BEYOND THE COMPANY'S CONTROL) MAY BE IDENTIFIED BY THE USE OF
FORWARD-LOOKING TERMINOLOGY, SUCH AS "MAY", "CAN BE", "WILL", "EXPECTS",
"ANTICIPATES", "INTENDS", "BELIEVES", "PROJECTS", "POTENTIAL", "ARE OPTIMISTIC"
AND SIMILAR WORDS AND PHRASES. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE
SET FORTH IN FORWARD-LOOKING STATEMENTS DUE TO A VARIETY OF FACTORS, INCLUDING,
BUT NOT LIMITED TO, (1) RISKS IN PRODUCT AND TECHNOLOGY DEVELOPMENT, (2) MARKET
ACCEPTANCE OF NEW PRODUCTS AND CONTINUING PRODUCT DEMAND, (3) THE IMPACT OF
COMPETITIVE PRODUCTS AND PRICING, (4) CHANGES IN DOMESTIC AND FOREIGN ECONOMIC
AND MARKET CONDITIONS, (5) TIMELY DEVELOPMENT AND RELEASE OF NEW PRODUCTS BY
STRATEGIC SUPPLIERS, (6) THE IMPACT OF THE COMPANY'S ACCOUNTING POLICIES, AND
(7) THE OTHER RISK FACTORS DETAILED IN THE COMPANY'S MOST RECENT ANNUAL REPORT
AND OTHER FILINGS WITH THE US SECURITIES AND EXCHANGE COMMISSION. EXCEPT AS MAY
BE REQUIRED BY LAW, THE COMPANY DOES NOT UNDERTAKE, AND SPECIFICALLY DISCLAIMS,
ANY OBLIGATION TO PUBLICLY RELEASE THE RESULTS OF ANY REVISIONS WHICH MAY BE
MADE TO ANY FORWARD-LOOKING STATEMENTS TO REFLECT THE OCCURRENCE OF ANTICIPATED
OR UNANTICIPATED EVENTS OR CIRCUMSTANCES AFTER THE DATE OF SUCH FORWARD-LOOKING
STATEMENTS.
Scitex and the Scitex logo are registered trademarks and service marks of Scitex
Corporation Ltd. Scitex VersaMark, Business Color, and Dijit are registered
trademarks or trademarks of Scitex Digital Printing, Inc.
CONTACTS
SCITEX CORPORATION LTD.
Yahel Shachar Dalit Yehuda
Chief Financial Officer Corporate Assistant
Tel: +972 3 607-5755 Tel: +972 3 607-5755
Fax: +972 3 607-5756 Fax: +972 3 607-5756
E-mail: yahel.shachar@scitex.com E-mail: dalit.yehuda@cii.co.il
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