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Delphax Technologies Inc. Elects Overstreet to Board

Press release from the issuing company

MINNEAPOLIS, March 21 -- Delphax Technologies Inc. today announced the election of Kenneth E. Overstreet Sr. to its board of directors. Overstreet, 61, is president of the Financial Solutions Group of Ennis Business Forms, DeSoto, Texas, and formerly the president of Northstar Computer Forms of Minneapolis. His election increases Delphax's board of directors to five members. Jay Herman, chairman and chief executive officer of Delphax Technologies Inc., said, "Ken Overstreet brings to our board a wealth of print industry experience in areas where we are seeking to expand our market presence. We are extremely pleased with his addition to our board." Overstreet has more than 30 years of leadership and experience in the printing industry. He has been group president with Ennis Business Forms since 2000 when the company acquired Northstar in Minneapolis, where he had been president since 1989. Prior to that, he was president of Data Card Corporation's Credit Card Division. He began his career in several management positions with John Harland Company, the second largest U.S. check printer. Overstreet holds a bachelor of business administration degree from the University of Georgia. He also served five years as an officer in the U.S. Army. He has served on the boards of the Printing Industry of Minnesota and Martin Financial Services. He currently serves on the board of directors for Ennis Business Forms. The company also named Richard D. McNeil as Secretary of the corporation. McNeil is a partner with the law firm of Lindquist & Vennum P.L.L.P.