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Consolidated Graphics Selects Xerox as Exclusive Provider of Digital Color Printing Technology

Press release from the issuing company

HOUSTON & ROCHESTER, N.Y.--April 14, 2004-- Consolidated Graphics, Inc. and Xerox Corporation have entered into an agreement making Xerox the exclusive provider of digital color printing technology to Consolidated Graphics' 65 nationwide commercial printing locations. Consolidated Graphics has initially installed six Xerox DocuColor iGen3 Digital Production Presses and six DocuColor 6060 Digital Color Presses under the agreement. "Rapid advances in technology have established digital printing as a complementary solution to our traditional printing services," said Joe R. Davis, chairman and chief executive officer of Consolidated Graphics. "We identified Xerox as the most innovative and responsive partner for our digital color initiative. Through our agreement with Xerox, we look forward to becoming the premier provider of high-quality, digital color printing services in the commercial printing industry." According to Davis, additional equipment purchases will be made as market demand grows for high-quality, fast-turnaround digital color printing solutions, including short-run on-demand printing of personalized marketing communications. Xerox also will provide marketing and business development resources to assist Consolidated Graphics in introducing these solutions to its current and prospective customers. "This agreement highlights the increasing desire of commercial printers to incorporate digital print technology as part of their business," said Gil Hatch, president, Xerox Production Systems Group. "Industry-leading digital color systems such as the DocuColor iGen3 and the DocuColor 6060 are helping commercial printers develop new sales opportunities and enhance customer relationships to grow revenue. With its leadership position in the commercial printing industry, Consolidated Graphics is an ideal customer to use Xerox digital technology."