Company News / Breaking News

X-Rite Completes Acquisition of Amazys Holding AG

Grandville, Mich. - X-Rite, Inc. a global leader offering color measurement technology solutions, announced the completion of its acquisition of Amazys Holding AG. The total purchase price on the settlement date of July 5, 2006, was approximately $280 million. Amazys develops, markets and supports hardware, software and services to measure and communicate color under the GretagMacbeth brand. The combined company will be called X-Rite, Inc.

A strong team of X-Rite and GretagMacbeth executives lead the combined organization. Michael C. Ferrara is the CEO, Thomas J. Vacchiano Jr. is the president and COO, Mary E. Chowning is the CFO, and Dr. Francis Lamy is the CTO. The X-Rite board of directors comprises nine members, including six current directors of X-Rite and three former directors of Amazys Holding AG.

The global headquarters for the combined entity is in Grandville, Mich., with European headquarters in Regensdorf, Switzerland, and Asia Pacific headquarters in Hong Kong.

Visit www.xrite.com for more information.

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