GRANDVILLE, Mich. July 2, 2001--Ted Thompson, chairman of X-Rite, Incorporated, announced today that the Company has declared a second-quarter cash dividend of 2 1/2 cents per share on its common stock. The dividend is payable August 13, 2001, to shareholders of record at the close of business on July 16, 2001. X-Rite reported 21,408,286 shares outstanding on July 2, 2001. About X-Rite X-Rite, Incorporated is a world-leader in producing precision measurement devices, systems, and processes that enable the measurement of color, light and shape. Many large, multi-national firms use X-Rite's products and services for a variety of applications in areas as diverse as digital imaging, printing, coatings, biomedical diagnostics, telecom and electronics. Sales and service offices throughout Europe, Asia and the Americas support the Company's North American and European manufacturing, research & development facilities.