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X-Rite Announces New CEO (9/13/06)

The board of directors of X-Rite, Inc. has implemented the planned chief executive officer succession that was outlined when the company announced the Amazys acquisition. Effective October 1, 2006, Michael C. Ferrara will retire from his positions of CEO and member of the board, and Thomas J. Vacchiano Jr. will become president and chief executive officer, as well as a member of the board of directors. Tom Vacchiano was the president and CEO of Amazys Holding AG from January 2001 until the acquisition by X-Rite in July of this year. Ferrara will remain available to consult on the transition through the end of this year.

"X-Rite and its board of directors are pleased with the results under Mike's leadership during the past five years" said John E. Utley, chairman of the board. "His leadership in focusing the company back on the color business and bringing the two leading color solutions companies in the world together will create new and exciting opportunities for X-Rite, its customers and its shareholders in the future."

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