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Enovation Graphic Systems Acquires Washington Printing Supplies, Inc.

Press release from the issuing company

VALHALLA, N.Y., August 5, 2003 – Enovation Graphic Systems, Inc. today announced the acquisition of Washington Printing Supplies, Inc., a distributor to the graphic arts industry headquartered in Fairfax, Va. Washington Printing Supply also has branches in Baltimore, Md., Richmond, Va., and Greensboro, N.C. “This acquisition strengthens our position in the mid-Atlantic region and brings with it additional people who have a valuable understanding of our industry and its customer needs,” said Atsushi “Steve” Yoneda, chairman and CEO of Enovation Graphic Systems, Inc. “Washington Printing Supplies is a recognized and respected solutions provider in several of the key market areas and segments served by Enovation. I am pleased to have this company become part of our distribution organization.” “Washington Printing Supplies represents a diverse range of products from pre-press to press to finishing and places a strong emphasis on having the ‘in-house’ expertise to successfully integrate the products they represent in a wide variety of graphic arts products,” adds Tim Combs, Enovation’s senior vice president for sales and marketing. “This translates to a positive advantage for our customers in our market and assures that the world-class products we represent will have increased exposure and opportunities.” “When I started my company almost 30 years ago in the bay of a gas station with four people and one product line, I made a commitment to uncompromising standards of quality and a responsive, personal approach to customer service,” said Washington Printing Supplies President Ray Williams. “Over the years, our goal has always been to help our customers build their business and keep them running smoothly and profitably. Enovation Graphic Systems shares the same commitment and customer-focused approach to business that made us successful.”