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update                                                      EFI to Acquire Raster Printers
                                                                                                        EFI has agreed to
                                                                                                        acquire the remaining
                                                                                                        interest in Raster
 shop news                                                                                              Printers it does not
                                                                                                        currently own for
                                                            approximately $3 million in net cash proceeds plus an additional
 ARC Acquires Firm in United Kingdom
                                                            cash earn out amount that is contingent upon achieving certain
                                                            performance targets. The transaction, which is expected to close in
                                                            the fourth quarter of 2008, is expected to be immaterial to EFI’s
                                                            revenues and earnings in Q4 2008.
                                                            Following the close of the transaction, Raster Printers’ products
 American Reprographics Company (ARC) has                   will be marketed under the EFI Rastek brand name. Raster cur-
 acquired the assets of The Reprographics Warehouse         rently operates with a staff of approximately 20 employees out of
 Ltd., a provider of document management, document          its headquarters in San Jose, CA.
 reproduction, and related services to the architectural,   “The acquisition of Raster will allow us to expand our product
 engineering, and construction industry in England.         line and offer a variety of price-point products, significantly
 The Reprographics Warehouse Ltd. operates a single         increasing our addressable market,” said Fred Rosenzweig, presi-
 centralized service facility in Central London with        dent of EFI.
 year-end revenues in 2007 of approximately $2.7 mil-       “Being part of the EFI group will help us deliver the highest qual-
 lion (US). Terms of the acquisition were not disclosed.    ity solutions and provide our customers with a portfolio of new,
 “This is a fantastic opportunity for us and I am very      powerful products to assist in their success and profitability,” said
 happy to be part of this transaction,” said John Snell,    Rak Kumar, president of Raster Printers.
 managing director of the Reprographics Warehouse. ✦
 “We are extremely excited about this acquisition.
 Although it is a relatively small firm from an over-       Wide Scanners and Systems Acquires
 all revenue point-of-view, bringing Reprographics          GTCO CalComp’s Scanner Division
 Warehouse into the company is an important step in
                                                            Wide Scanners and Systems, Inc. has acquired the scanner division
 establishing our presence in the UK,” said K. “Suri”
                                                            of GTCO CalComp. “I’m pleased to have the opportunity to con-
 Suriyakumar, chairman, presiden
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Description: "We are extremely excited about this acquisition. Although it is a relatively small firm from an overall revenue point-of-view, bringing Reprographics Warehouse into the company is an important step in establishing our presence in the UK," said K. "Suri" Suriyakumar, chairman, president, and CEO for ARC.
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