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X-Rite Finalizes GretagMacbeth Acquisition

(July 2006) posted on Tue Jul 11, 2006


X-Rite Inc. has completed the acquisition of Amazys Holding AG, which develops color-management products under the GretagMacbeth brand. The combined company will be called X-Rite, Incorporated, and global headquarters for the combined entity will be in Grandville, MI, with European headquarters in Regensdorf, Switzerland, and Asia Pacific Headquarters in Hong Kong. X-Rite will be represented by a newly developed logo, which incorporates the core colors of both companies.

"Our new company combines top notch talent, technology, and products in the color industry,"? says Michael C. Ferrara, X-Rite"?s CEO. "We expect our expertise, talent, and technology to help us expand the global color market through innovation."?

In addition to Ferrara, the X-Rite management team comprises: Thomas J. Vacchiano, Jr., president and COO; Mary E. Chowning, CFO; and Dr. Francis Lamy, CTO. The X-Rite board of directors now consists of nine members, including six current directors of X-Rite and three former directors of Amazys Holding AG.

X-RITE
www.xrite.com


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