MOONACHIE, NEW JERSEY, June 30, 2003 - Applied Printing Technologies, L.P. (APT), a leading graphics communications company, this month named Carl S. Grossman as its new President and Chief Executive Officer. Fred Drasner, former CEO, will remain as Chairman and William R. Welsh will remain as the company's Chief Operating Officer. Mr. Grossman, 54, has been a consultant to APT and has spent over 30 years in the graphics industry.  Mr. Grossman possesses strong management skills and has achieved considerable results guiding business to leadership positions. Mr. Drasner said, "we are pleased that Carl has joined us to strengthen our first-class management team.  He will continue the progress that APT has made in the past few years toward achieving its goal of becoming the top graphics communications company in the Northeast." Mr. Grossman added, "we re committed to continue to build our management team and sales force and to make APT the leading company in its field." APT, with nearly 40 years experience serving an impressive roster of America's leading corporations in diverse industries, is one of North America's largest providers of high-end color sheet fed and web printing, digital prepress and digital variable printing. APT is a "total solutions"provider offering clients a full range of graphics communications services from design through delivery. Visit APT on the web, www.appliedprinting.com