The machine uses a thermal etch-resist developed with Japanese firm Think Laboratory, which licensed Squarespot for gravure in 2001.
Creo claimed that its technology would slash the time taken to produce cylinders while improving print consistency and text quality.
Product launches will begin at Igas and Graph Expo at the end of next month and continue at Drupa next May.
The increasing percentage of the firms revenues from small printers (35% of third-quarter sales came from printers with a turnover of 3m or less) will be reflected in new products.
Europe, newspapers and packaging buoyed third-quarter revenues. Income was up 9% to 89m ($143.5m) with net earnings of 1.74m compared to a loss of the same amount last year.
For the first three quarters of the year revenue was up 7% to 265.4m. Net income was 1.9m compared to losses of 15.4m last year.
Packaging and newspapers now make up 20% of revenues. In packaging it sold more flexo platesetters in the quarter than it had in the whole of the previous year.
European sales were up 29% in the third quarter to 36.3m, but US sales fell by 3%. The two regions made up 41% and 37% of sales respectively.
Chief executive Amos Michelson said Israel Sandlers appointment last August as vice president of sales for European Middle East and Africa (EMEA) had improved European results.
Dave Wigfield, previously director of sales operations and key accounts, has been promoted to vice president of sales for European Middle East and Africa (EMEA) region.
The role was left empty last month when Sandler was made managing director, replacing Alon Lumbroso, who returned to Israel (PrintWeek, 10 July).
