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Deluxe Increases Board and Names New Director

Press release from the issuing company

ST. PAUL, Minn., Aug. 1 Deluxe Corporation announced that its board of directors increased the number of directors from 10 to 11 and elected Martyn R. Redgrave as a new board member. Redgrave, 49, currently is executive vice president-finance and chief financial officer of Carlson Companies, Inc. Carlson Companies' businesses include hotels (Radisson, Country Inns and Suites, Regent, Park Inns & Hotels, etc.); restaurants (T.G.I. Friday's, Italianni's, Star Canyon, etc.); loyalty and relationship marketing services (Carlson Marketing Group & Gold Points); business and leisure travel (Carlson Wagonlit Travel, Cruise Holiday's); cruise (Radisson Seven Seas Cruises) and real estate management (Carlson Real Estate Company). Redgrave joined Carlson Companies in 1994 after spending 14 years with PepsiCo, during which time he held increasing financial and general management responsibilities. Prior to that, Redgrave was employed by Arthur Andersen and Co. in New York City. He holds an economics degree from Princeton University, an M.B.A. from New York University, and is a C.P.A. Deluxe Chairman and CEO Lawrence J. Mosner said, "We recruited Martyn because of his strong financial and strategic planning and development experience from both public and private company backgrounds. Martyn will be an asset to our board.''

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