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Esko - 8/27/2008

EskoArtwork Completes Acquisition of Mikkelsen Graphic Engineering

EskoArtwork has closed on the acquisition of Mikkelsen Graphic Engineering Inc. (MGE). No financial details 
will be disclosed for the transaction. 

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. 

"Following close to four years of intense cooperation, EskoArtwork and MGE will now address and serve the 
sign&display and screen and digital printing markets as one strong entity," said Carsten Knudsen, president 
and CEO of EskoArtwork. "Our Kongsberg i-XL and & i-XE digital finishing systems, that incorporate MGE's 
i-cut vision system, are broadly recognized as leading and powerful solutions to all kinds of converting 
applications driven by the growing installed base of digital printers. Well over 50 percent of all Kongsberg 
tables sold during drupa will be delivered with MGE's intelligent vision system included." 

"Getting full access to EskoArtwork's innovative hardware and software technology base and being a part of its 
global distribution network will improve our abilities to provide the best possible solutions for our customers and 
partners across all market segments and geographies," said Steen Mikkelsen, founder of MGE and now vice 
president at EskoArtwork. "The team at MGE and I are looking very much forward to join forces with our 
EskoArtwork colleagues and to take on the new initiatives we have identified together during the planning 
of this acquisition." 

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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