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ICS Names Caldwell VP of Operations and Kay VP Sales & Marketing

Press release from the issuing company

New York, NY; February 20, 2003 – Integrated Color Solutions, Inc. (ICS), a leader in the field of color management, announced today it has appointed Dan Caldwell as Vice President Operations and Peyton Kay as Vice President Sales and Marketing. "The appointment of Dan Caldwell and Peyton Kay to these senior executive positions underscores ICS’s commitment to aggressively promote its strong portfolio of advanced color management products and technologies and propel the company to the next stage of its growth," noted ICS President and CEO Jeffrey Silverman. "Dan Caldwell has been instrumental in the development and early adoption of ICS’s innovative, yet highly cost effective business solutions like its SWOP-approved Remote Director collaborative proofing software and basICColor ICC profiling tools. We’re pleased Dan has taken on this expanded role," he said. "We’re also extremely pleased to welcome Peyton Kay as an integral member of the ICS senior management team. We’re confident Peyton’s many and varied accomplishments in marketing and sales will prove instrumental in widening the market for our color management products and establishing ICS as the market leader," Mr. Silverman added. Dan Caldwell Dan Caldwell brings more than 20 years of experience in the prepress and graphics industry to his position as VP Operations, starting with traditional color separations using filters and work on the original drum scanners in the early 1970s. Among his many professional achievements, Mr. Caldwell managed prepress production of Newsweek magazine at R.R. Donnelley’s Los Angeles printing facility during the transition from traditional film to satellite data transmission. He also co-founded Color Solutions, Inc., was instrumental in the startup, design and marketing of that company’s ColorBlind brand. Peyton Kay Peyton Kay is a seasoned technology executive bringing to his new role at ICS over 16 years of experience leading profitable sales and marketing organizations globally at companies from Joseph E. Seagrams & Sons and E.I. Du Pont de Nemours to enterprise software companies. Among his many professional accomplishments, he is credited with building the international sales and service organizations for eCal Corporation, an enterprise software company; launching Electric Schoolhouse, a family-focused Internet Service co-branded with PBS; and building the largest online music site on the internet, The Hub, a profitable joint venture of New Line Cinema and America Online, which was later sold and repositioned as the AOL Music Channel.