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EFI Names Christopher Paisley to Board of Directors

Press release from the issuing company

FOSTER CITY, Calif.--Aug. 30, 2004-- EFI, the world leader in digital imaging and print management solutions for commercial and enterprise printing, today announced that Christopher Paisley has joined EFI's Board of Directors and will chair the Board's Audit Committee. Paisley's distinguished career includes serving as Senior Vice President of Finance and CFO of 3Com Corporation. During his 15-year tenure, company revenues grew from $50 million to nearly $6 billion annually, landing 3Com in the top 300 of the Fortune 500 list in 2000. Paisley is currently the Dean's Executive Professor of Accounting and Finance in the Leavey School of Business at Santa Clara University. Prior to 3Com, Paisley served as chief financial officer and vice president of finance at Ridge Computers, and began his career at Hewlett-Packard. Paisley earned his MBA from the University of California at Los Angeles and his Bachelor's degree in economics from the University of California at Santa Barbara. He is a member of the Financial Executives Institute and serves on the Board of Directors of Brocade Communications, Volterra Corporation and Silicon Image Incorporated. "We are delighted to have Chris join EFI's Board of Directors," said EFI CEO Guy Gecht. "Chris' impeccable financial credentials, his hands on understanding of technology companies and his deep knowledge of today's complex financial accounting regulations will bring strong oversight to our Audit Committee as well as contribute to the overall leadership provided by our outstanding Board of Directors." "I look forward to working with EFI's Board of Directors and executive management team to help support both the company's continued future growth and its excellence in corporate governance," said Paisley.