Ann Arbor

Ann Arbor, Mich.— Flint Group has been selected as the new name for the holding company created by the merger in late 2005 of European-based XSYS Print Solutions and American-owned Flint Ink Corporation. "Flint Group is a strong new leader in all sectors of the worldwide printing, packaging, and colorants industries. It brings together long traditions of superior products, expert service and a commitment to meeting customer needs in all of the major markets of the world," said Dave Frescoln, CEO of the new company. Speaking of the new name, Frescoln said that the selection was based on the need for a structure and

ANN ARBOR, Mich.—The acquisition of U.S.-based Flint Ink Corporation by German-based XSYS Print Solutions was completed on 30 September 2005. The transaction closed following the August approval of the acquisition and subsequent merger by regulatory authorities in Europe and the U.S. The merger will lead to creation of a stronger, global supplier to the graphics and packaging industries with revenues of about $2.6 billion/€ 2.1 billion (based on 2004 results). The new entity will have approximately 8,000 employees in 160 sites in 35 countries, and will rank as the number one or number two supplier in every major region it serves. XSYS Print Solutions

ANN ARBOR, Mich.—Jetrion LLC, a leading supplier of inkjet printers, inks and custom systems, today announced a strategic partnership with Advanced Electron Beams, Inc. (AEB), developer and patent holder of a major technological breakthrough in e-beam technology. The companies have partnered to bring a new technology to the marketplace that matches the high-speed performance of the drop-on-demand Jetrion 3025 Inkjet System, with the unsurpassed complete-cure speed of AEB's highly compact e-beam emitter, for use in a wide range of inkjet applications throughout the graphics, label and packaging industries. AEB has tremendously simplified the use of e-beam technology and significantly lowered the acquisition cost. Its

ANN ARBOR, Mich.—Jetrion LLC, a leading supplier of inkjet printers, inks and custom systems, has significantly expanded its North American distribution channels with the addition of Pitman Company as a distributor of Jetrion's advanced inkjet systems and inks. The companies have signed a letter of intent and are working to complete a final agreement. Pitman now distributes a broad range of Jetrion's inkjet products - including its complete line of Jetrion 3000 Series Inkjet Systems - to the commercial printing, mailing, packaging and label markets. Pitman also now offers Jetrion's extensive range of high-performance CIJ solvent, UV and new low-VOC inkjet inks. Larry D'Amico,

ANN ARBOR, Mich.—American-owned Flint Ink Corporation of Ann Arbor, MI, and XSYS Print Solutions, based in Stuttgart, Germany, have agreed to merge. The merged group will rank among the largest ink companies in every region it serves, with an employee base of 8,000 and combined revenues of approximately US $ 2.6 billion, based on 2004 figures. Flint Ink is the largest privately-owned ink manufacturer in the world. XSYS Print Solutions was formed by the merger of BASF Printing Systems and ANI Printing Inks following their respective acquisitions at the end of 2004 by funds advised by CVC Capital Partners, a leading independent private equity

ANN ARBOR, Mich.—Progressive Color Media LLC, a Flint Ink company providing a full range of workflow color management solutions integrating hardware, software and services, has named Broadford & Maloney Inc. (BMI), a leading organization serving the graphic arts and related high-technology industries, as its agency of record for public relations and marketing communications. In announcing the appointment, Diane Watt, president of Progressive Color Media, observed, "Broadford & Maloney has strong knowledge of color printing, proofing and imaging technology, as well as color workflow and graphic business management. They will be an important resource in communicating our services for a wide spectrum of