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ImageX CFO to Depart Later This Year

Monday, July 01, 2002

Press release from the issuing company

KIRKLAND, Wash., June 28 -- ImageX announced that Robin Krueger, chief financial officer, intends to resign for personal reasons later this year. Krueger has served as the Company's CFO since July 1999. "We have enjoyed working with Robin over the past three years. She saw this company through our successful IPO, follow-on offering and revenue growth of nearly 400% in that time period," said Rich Begert, president and CEO. "Additionally, Robin put in place a world-class finance organization and was instrumental in implementing our growth strategy from 1999 through 2002." Krueger added, "I came to ImageX with the objective of working with Rich Begert and the ImageX team to ensure that the Company had more than sufficient cash to reach cash-flow break-even and that it had a clear and immediate path to profitability. Having done that, I am now able to move on to a new set of challenges. I am grateful to Rich and the entire ImageX family for a rewarding experience." Upon Ms. Krueger's departure later this year, Gina Meyers, vice president of finance and corporate controller is slated to act as interim-CFO until a successor is hired. (imagex.com)




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