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Tanagraphics And Seybert Nicholas Printing Group Announce Merger

Press release from the issuing company

NEW YORK, January 29, 2004 - Tanagraphics Inc. and Seybert Nicholas Printing Group, L.P. announced today the signing of a definitive merger agreement to form the largest privately held company providing print management solutions in New York City. The combined company, to be named TanaSeybert, will be one of the metropolitan region’s premier providers of commercial and digital printing, advertising prepress services as well as bindery and mailing services. It will also offer a full range of integrated web and browser based services including design, development, and custom software packages for graphics applications. TanaSeybert will be fifty percent owned by Eric Bernstein, Jimmy Nicholas and their Seybert Nicholas Partners, and fifty percent owned by David and Alice Jurist. David Jurist, chairman of TanaSeybert said, “First and foremost, these are two homegrown, customer-centered companies. We are excited about the diversity of services that TanaSeybert can offer our clients. By providing leading edge graphics and communications solutions along with both company’s traditions of outstanding customer service, TanaSeybert will continue to grow and prosper.” Eric Bernstein, managing partner of TanaSeybert said, “This merger brings together the complementary strengths of both companies. By offering state of the art digital services with both company’s strong traditions in commercial print, we will be able to provide our clients with innovative and compelling reasons to make TanaSeybert the most logical choice for all of their graphic communications needs.” Seybert Nicholas was founded in 1912 in New York City. It is a full service commercial printer serving a variety of regional, national and clients in industries including publishing, cosmetics, advertising, packaging, design, catalogues, communications, financial services, education, and not-for-profit. Tanagraphics was founded in 1969 in New York City. It is a leading provider of total graphics solutions including commercial and digital printing, binding and mailing, as well as web and browser based services including design, development and custom software packages. Tana’s reputation enables TanaSeybert to serve America’s most demanding Fortune 1,000 clients and their agencies. The website for the new company will be will be www.tanaseybert.com. There will be a news conference Thursday, February 5th at 11:30am, 5th floor at TanaSeybert, 263 Ninth Avenue. Please direct any questions to Bill Martin (212)-548-7837.