INX acquires Innovative Solutions, Inc.

FOR IMMEDIATE RELEASE

In PDF Format

Contact: The Drucker Group
            312.867.4960

INX acquires Innovative Solutions, Inc.,
brings new integration expertise to digital marketplace.

Schaumburg, IL – April 4, 2007 — INX International Ink Co. today announced the formation of Innovative Solutions INX (ISI), with its acquisition of Innovative Solutions, Inc., a leading designer, integrator and manufacturer of digital printers and related products.

“This represents a major step forward in serving commercial printing and packaging customers who want to expand into digital printing,” said Rick Clendenning, INX President and CEO.  “ISI’s background and proven expertise in electronics design engineering and system integration is a perfect fit.  It will enable us to help design and implement more-effective digital capabilities within existing print environments.”

“We’re enthused about new opportunities provided by combining resources,” noted Jim Lambert, President of Innovative Solutions INX.  “Moving forward, I see us getting involved as an integrator in large digital projects.  Partnering with INX International and its expertise in ink chemistry, will also allow us to look at a broader range of solutions — customers who have unique digital application requirements.”

Added Randy LaCaze, Innovative Solutions’ founder and Chief Technical Officer (CTO) of Innovative Solutions INX, “This frees us up to do what we do best: technology.  We can more fully focus on R&D — finding ways in which digital products apply to traditional print markets, and adapting or developing new products and systems to meet the need.”

INX/Innovative Solutions INX                                                                     

LaCaze brings more than 25 years of product design and development experience to his new post — including employment as a design engineer for SCI systems and Lockheed Missiles and Space.  His hardware and software development credentials range from avionics controls for the F-16 fighter, to patented processes in the digital printing arena.

Formed as an engineering consulting company in 1984, Innovative Solutions has been in Superwide and Wide Format digital printing applications since 1997, specializing in printer hardware for outdoor billboards.

Just over a year ago, INX International stepped strongly into the digital marketplace, joining forces with California-based Triangle Digital LLC to form Triangle Digital INX Co. (TDI), offering digital inks and application services.

“We are delighted with TDI success to date,” noted Clendenning.  “Innovative Solutions INX not only complements TDI offerings along with our own, but brings new synergies that can multiply benefits to all of our customers.”

INX International Ink Co. is the third largest producer of inks in North America with over 30 plants in the U.S. and Canada, and is a global supplier as part of Sakata Inx worldwide operations. With a global network spanning the Americas, Europe and Asia, Sakata Inx focuses its technology development efforts on commercial and package printing, digital technology and the information technology field.

For more information, contact:          The Drucker Group  •  312.867.4960

(Photo(s):  L to R: Jim Lambert, Randy LaCaze, Rick Clendenning)

Newly formed ISI team.  Innovative Solutions INX President Jim Lambert, Chief Technical Officer Randy LaCaze and Rick Clendenning, President and CEO, INX International Ink Co.

(Art/Illus):

ISI becomes ISI.  Digital systems and equipment integrator Innovative Solutions, Inc. has been acquired by INX International Ink Co., offering collaborative services as Innovative Solutions INX (ISI).