April 8, 2002 -- Eastman Kodak Company, Rochester (NY), has signed an agreement to acquire approximately 5 percent of Gretag Imaging’s outstanding shares. The agreement also contemplates additional limited financing from Kodak in the form of a convertible loan, contingent upon certain milestones being achieved by Gretag Imaging. The proceeds will alleviate Gretag Imaging’s current liquidity issues and contribute toward the financial base for the continued business development of Gretag Imaging.   In addition, Kodak and Gretag Imaging have reached further agreements that outline the delivery terms of equipment to Kodak as well as the common promotion of a number of new Gretag products that utilize the Kodak DLS software. Other agreements pertain to the delivery of spare parts to Kodak’s worldwide organization; among other things they contain provisions for Kodak’s access to intellectual property relating to spare parts. The terms of all the agreements mentioned above were not disclosed. Additional private placements with strategic partners: Another part of the remaining shares from Gretag Imaging’s current capital increase could be placed at other long-term oriented institutional investors. The shares already placed or to be sold to Kodak are part of the capital increase that was approved at the extraordinary shareholders' meeting on December 4, 2001. The rationale for capital increase was a refinancing of the company and a significant improvement of the liquidity position. The stabilization of the financial base gives Gretag’s Management the flexibility to pursue active market development opportunities. The proceeds are to be used for the continued strengthening of the company's balance sheet.