December 7, 2000 (Toronto, Ontario) Invesprint Corporation today reported financial results for the second quarter of fiscal 2001.  Sales for the quarter ended October 31, 2000 were $22, 409,000 compared to $20,068,000 in the second quarter last year. Earnings from operations for the quarter were $1,161,000 compared to $1,777,000 a year ago. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $2,788,000 for the second quarter of fiscal 2001 compared to $2,782,000 a year ago. The comparative figures for fiscal 2000 shown above do not include Beckett Corporation which was sold on July 20, 2000.  Net earnings for the second quarter were $151,000 ($0.03 per share) compared to $406,000 ($0.08 per share) in the same quarter last year. Sales, excluding Beckett, were $41,034,000 for the first half of fiscal 2001 compared to $39,124,000 a year ago.  For the first six months of fiscal 2001, net earnings were $5,469,000 ($1.03 per share) compared to $195,000 ($0.04 per share) for the first half of last year.  The fiscal 2001 net earnings include pretax one-time gains, net of carrying value writedowns of $10,000,000 and pretax losses of Beckett Corporation of $1,070,000. Jay Packaging's sales and operating profit for the second quarter were 11% and 12% higher respectively than last year.  Jonergin's results were marginally ahead of last year.  In the first six months of fiscal 2001, Jonergin Pacific incurred operating losses of $623,000 during its start-up phase.  The installation of a second Sanjo press in October, which is now fully operational, doubles the production capacity with only minor increases in fixed costs.  Both presses are currently running two shifts and the order book is strong. We expect Jonergin Pacific to be profitable in the third quarter. On February 4, 2000, the Board of Directors initiated a process to explore the Company's strategic alternatives.  The alternatives considered include the sale of part or all of the Company.  In the first quarter of fiscal 2001, our interests in ExtendMedia and Beckett Corporation were sold resulting in a pretax gain of $11.6 million. The proceeds from these sales have enabled us to repay all of the bank indebtedness of Beckett, extinguish a $7 million corporate bank guarantee and repay substantially all of Invesprint's corporate long-term debt and operating bank debt.  With the repayment of more than $40 million of bank debt, the Company is in a sound financial position. We are continuing to pursue initiatives to enhance shareholder value and discussions with interested parties are ongoing. Invesprint is in the business of visual product identification.  Through three divisions with five manufacturing facilities across North America, the Company manufactures prime labels and specialty packaging for many major corporations.