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EFI Acquires Prism
GlobeNewswire
2011-08-02

        Accelerates International Growth of EFI's Software
                           Applications

FOSTER CITY, Calif., Aug. 2, 2011 (GLOBE NEWSWIRE) -- Electronics For
Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital
printing innovation, today announced that it has acquired
privately-held Prism Group Holdings ("Prism"). Prism, with headquarters
in Australia, is a provider of MIS/ERP (management information systems
and enterprise resource planning) software products for the printing
and packaging industry, including Prism WIN MIS and Prism QTMS
automated shop floor management and work in progress tracking software.
While financial terms of the acquisition were not disclosed, the
agreement is not expected to be material to EFI's 2011 results.

"We are extremely happy to bring Prism into our expanding portfolio of
customer-centric technologies. They have built a very impressive list
of clients in Australia, New Zealand, Europe, South Africa and North
America, and we welcome those clients to our large global client base,"
said Marc Olin, GM of EFI's Software Applications ("APPS") business
unit. "In addition, we're very excited to have Prism's employees join
EFI and help us expand our rapidly growing global presence with their
years of expertise in software for the printing and packaging
industries."

"We intend to continue to meet the needs of Prism's existing client
base with the same enthusiasm that Prism has for the many years they've
been in business while offering them access to the full portfolio of
EFI products," continued Olin.

"We are very excited to be joining EFI, the clear leader in the
business process automation software space for printing and packaging
companies," said Filip Buyse, President and CEO of Prism. "It is a
natural fit for our client base and we look forward to introducing them
to EFI's portfolio of solutions."

Prism software will become part of EFI's Software Applications (APPS)
portfolio. EFI intends to integrate support and operations of Prism
into the existing APPS organization, which will provide the EFI
PrintSmith, EFI Pace, EFI Monarch and EFI Radius software products
while continuing to support the existing Prism client base.

Prism is headquartered in Brisbane, Australia, with operations in New
Zealand, the United Kingdom and the United States. Prism's customers
range from general commercial, web printing, mailing and publication
printers, to label printers, packaging companies and converters.

About EFI

EFI (www.efi.com) is a world leader in customer-focused digital
printing innovation. EFI's award-winning solutions, integrated from
creation to print, deliver increased performance, cost savings and
productivity. The company's robust product portfolio includes Fiery
digital color print servers; VUTEk superwide digital inkjet printers,
UV and solvent inks; Rastek UV wide-format inkjet printers; Jetrion
industrial inkjet printing systems; print production workflow and
business process automation software; and corporate printing solutions.

The Electronics For Imaging, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7332

Safe Harbor for Forward Looking Statements

Certain statements in this press release are forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. Statements in this press release that could be deemed
forward-looking statements include, but are not necessarily limited to,
statements regarding EFI's customer and partner relationships; EFI's
goals to better serve the industry; EFI's goals regarding its customer
offerings, product portfolio, and target customers; EFI's goals
regarding geographic reach, market penetration, customer offers, and
product portfolio; EFI's integration of Prism; and any statements or
assumptions underlying any of the foregoing.

Forward-looking statements are subject to certain risks and
uncertainties that could cause our actual future results to differ
materially, or cause a material adverse impact on our results.
Potential risks and uncertainties include, but are not necessarily
limited to, inaccurate data or assumptions; unforeseen expenses; the
difficulty of aligning expense levels with revenue changes; execution
of actions to reduce our operational costs and ability to maintain
effective cost control measures; unexpected declines in revenues or
increases in expenses; management's ability to forecast revenues,
expenses and earnings, especially on a quarterly basis; market prices
of our common stock; the uncertainty regarding the amount and timing of
future share repurchases by EFI and the origin of funds used for such
repurchases; any world-wide financial and economic difficulties and
downturns, including contraction in credit markets, and adverse
variations in foreign exchange rates, that could affect demand for our
products, and increase the volatility of our profitability, as well as
the risk of bank failures, insolvency or illiquidity of other financial
institutions and other adverse conditions in financial markets that
could cause a loss of our cash deposits and invested cash and cash
equivalents; uncertainty to accurately predict the outcome of foreign
tax audits and determine our tax provisions; uncertainty regarding our
effective tax rate in the future that may be impacted by various
factors, including but not necessarily limited to new U.S. tax
legislative proposals; changes in, or the failure or inability to
comply with U.S., foreign and local governmental regulations, including
import/export regulations or duties; failure to retain key employees;
product cancellation costs; a significant decline or delay in demand
for our products by any of our important OEM partners; the
unpredictability of development schedules and commercialization of the
products, including but not necessarily limited to those manufactured
and sold by our OEM partners; variations in growth rates or declines in
the printing and imaging markets across various geographic regions;
changes in historic customer order patterns, including changes in
customer and channel inventory levels; changes in the mix of products
sold leading to variations in operating results; the uncertainty of
market acceptance of new product introductions; delays in product
deliveries that cause quarterly revenues and income to fall
significantly short of anticipated levels; competition and/or market
factors, which may adversely affect margins; competition in each of our
businesses, including competition from products internally developed by
EFI's customers; challenge of managing assets levels, including
inventory and variations in inventory valuation; intense competition in
the industrial and commercial digital inkjet market; the uncertainty of
continued success in technological advances, including development and
implementation of new processes and strategic products; the challenges
of obtaining timely, efficient and quality product manufacturing and
components supplying; litigation involving intellectual property rights
or other related matters; our ability to successfully integrate
acquired businesses, without operational disruption to our existing
businesses; the potential that investments in new business strategies
and initiatives could disrupt our ongoing businesses and may present
risks not originally contemplated; the potential loss of sales,
unexpected costs or adverse impact on relations with customers or
suppliers as a result of acquisitions; differences between the
financial results as filed with the Securities and Exchange Commission
(the "SEC") and the preliminary results included in our earnings or
other press releases due, among other things, to the complexity in
accounting rules; and any other risk factors that may be included from
time to time in our SEC filings and reports. The statements in this
press release are made as of the date of this press release. EFI
undertakes no obligation to update information contained in this press
release. For further information regarding risks and uncertainties
associated with EFI's businesses, please refer to the sections entitled
"Risk Factors," "Factors That Could Adversely Affect Performance," and
other similar sections in our SEC filings and reports, including, but
not limited to, EFI's annual report on Form 10-K and its quarterly
reports on Form 10-Q, copies of which may be obtained by contacting
EFI's Investor Relations Department by phone at 650-357-3828 or by
email at investor.relations@efi.com or EFI's Investor Relations website
at http://www.efi.com.

NOTE TO EDITORS: The EFI logo, Fiery, VUTEk, and Jetrion are registered
trademarks of Electronics For Imaging, Inc. in the U.S. and/or certain
other countries. EFI, Monarch, Pace, Printsmith, Radius, and Rastek are
trademarks of Electronics For Imaging, Inc. in the U.S. and/or certain
other countries. All other terms and product names may be trademarks or
registered trademarks of their respective owners, and are hereby
acknowledged.


CONTACT:  Vincent Pilette 
          Chief Financial Officer
          EFI
          650-357-3500

          Investor Relations:
          JoAnn Horne
          Market Street Partners 
          415-445-3235