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X-Rite Announces Extension of the Offer Period to Purchase Amazys Shares

Monday, April 24, 2006

Press release from the issuing company

GRANDVILLE, Mich.--April 21, 2006-- X-Rite, Incorporated announced that it is extending its tender offer to purchase all of the outstanding registered shares of Amazys Holding AG ("Amazys") for the purchase price of approximately $280 million or CHF 77 per Amazys share plus 2.11 shares of X-Rite stock per Amazys share ("Offer"). The original offer period was set to expire on April 24, 2006. X-Rite has extended Offer period so that it will expire on Tuesday, May 23, 2006. As of April 20, 2006, 82,500 shares have been tendered in the Offer. The U.S. Securities and Exchange Commission has informed X-Rite that under U.S. securities laws, Amazys shareholders should not have been able to tender shares in the Offer prior to the effectiveness of the registration statement relating to the Offer with the SEC ("Registration Statement"). X-Rite instructs the shareholders of Amazys not to tender shares in the Offer at this time. Once the Registration Statement becomes effective with the Securities and Exchange Commission, the shareholders of Amazys will have additional time to tender their shares in the Offer and such additional Offer period will be announced upon the effectiveness of the Registration Statement.

 

 

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