The "great yellow father" of photography is back in the game, but with a very different strategy.

Antonio M. Perez, chairman and chief executive officer of Eastman Kodak Co, announced in New York on Tuesday the company's emergence from Chapter 11 bankruptcy as a re-organized company, following completion of the final steps in the restructuring process.

"We have emerged as a technology company serving imaging for business markets, including packaging, functional printing, graphic communications and professional services," said Perez.