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Executive Restructuring at Apperson, Name Change

Press release from the issuing company

Los Angeles, CA—September 27, 2001--Apperson in keeping with changes to the industry has made a variety of changes to its management structure. Effective September 1st, Robert P. Apperson and the Board of Directors named a new CEO, President, Sr. Vice President and two new VP’s. This is in keeping with a master plan that included changing the name from Apperson Business Forms to Apperson Print Management Services in September of 1998. Robert P. Apperson will continue as Chairman of the Board, relinquishing the CEO and President positions. Bill Apperson has been named Chief Executive Officer. Kelly Doherty will serve as President and will be responsible for all operations within the company. Doug Gabriel will be the Senior Vice President and continue his role as Chief Financial Officer. Paul W. Apperson was named Vice President of Sales, Southeastern Region, and Tricia Gabriel has been named Vice President of Information Technologies. In Robert P. Apperson’s memo to all employees, he stated that "It has become apparent why Apperson Business Forms has renamed itself Apperson Print Management Services. The reduction in demand for business forms at past levels has forced the industry and Apperson into different direction to maintain their share of the reduced market and also create new sources of revenue in providing compatible services." He went on to say, "In past months we have entered the data collection field…Our acquisition of Intelliscan brings us into software services through sales of equipment and systems including archiving, data collection and electronic documents." Apperson has been a provider of quality printed products and related services, specializing in vertical markets, since 1955. With the addition of a variety of services and products, including software, hardware and support services, Apperson is poised to expand their client base into more technical areas while maintaining the traditional printing capabilities. For more information visit: www.appersonprint.com.

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