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Esko - 6/11/2008

EskoArtwork to acquire Mikkelsen Graphic Engineering, Inc.

Gent (Belgium), June 11, 2008 - At the closing of its very successful participation to drupa 2008, EskoArtwork 
today announced the signing of a Letter of Intent regarding the acquisition of Mikkelsen Graphic Engineering, 
Inc. (MGE), the industry reference in vision controlled finishing solutions for cutting tables in the sign-making, 
screen-printing and digital printing marketplaces. The transaction, for which no financial details will be disclosed, 
is expected to close by end of July 2008.

MGE is the developer of the patented i-cut® vision system. Its i-script workflow has become the de-facto 
international standard through its integration into the RIPs of all major digital flatbed presses. MGE also is 
EskoArtwork’s distributor for the Kongsberg i-XL and i-XE digital converting tables into the US sign & display 
markets since 2004. 

"EskoArtwork and MGE started their close cooperation in 2004 with the integration of MGE’s i-cut vision system 
onto our Kongsberg digital converting tables", comments Carsten Knudsen, President and CEO of EskoArtwork. 
"The resulting i-XL and & i-XE digital finishing systems have seen great success in the market, with today over 
350 such systems installed and operating worldwide. The rapid adoption of digital printing devices by the 
producers of signs and displays is accelerating the demand for our products, as we could very well witness 
during this drupa. I am extremely pleased to extend our partnership with MGE, now working as one team to 
deliver even stronger solutions to our customers."

"It's not just accurate cutting anymore that drives profitability, it's the addition of workflow capabilities that 
increases the competitiveness of our user base", observes Steen Mikkelsen, Owner and President of MGE. 
"Mikkelsen Graphic Engineering prides itself on excellent customer service, technical support, and in providing 
the best possible solutions for its customers and partners alike. By fully aligning our development and distribution 
efforts with EskoArtwork’s hardware and software technologies and global sales and support channels we will 
be able to bring even more attractive and performant converting systems to the digital printing and sign & 
display markets."

MGE’s operations will be organized as a strategic business unit within the EskoArtwork structure under the 
leadership of Steen Mikkelsen.

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