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Pictorial Offset Fully Committed To Customers - Even During Strike

Press release from the issuing company

Carlstadt, NJ – October 20, 2005 – Pictorial Offset Corporation continues to meet commitments to its clients despite being the only target in the 4th day of a strike by the Amalgamated Lithographers Union Local One which started on Monday, October 17. The Union contract with the Metropolitan Lithographers Association (MLA), of which Pictorial Offset Corporation is a member, expired on June 30, 2005 and negotiations have been on-going since that date. However, the Union elected to go on an unannounced strike against Pictorial on Monday, October 17, singling out Pictorial as the only printing plant in the MLA to be picketed. Pictorial Offset’s significant manufacturing capabilities are being brought back up to full capacity by using management and replacement personnel in order to fulfill these customer commitments. According to Gary Samuels, Managing Partner of Pictorial Offset and lead negotiator of the printing consortium, “We are very disappointed in these actions by the Union. However, as businessmen, our first commitment is to our customers, and we are doing everything possible to meet their schedules and to deliver the quality products that our customer have come to rely on from Pictorial Offset. At the same time, we are also doing everything possible to resolve these issues with the Union quickly and fairly.”