Company to Sell Foster City Facility for $180 Million

FOSTER CITY, Calif., July 19, 2012 (GLOBE NEWSWIRE) -- Electronics For
Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital
printing innovation, announced today that it has reached an agreement
to sell its headquarters building in Foster City, California for $180
million to Gilead Sciences, Inc. ("Gilead"). The transaction is
expected to close in October 2012, subject to various closing
conditions. The company will continue to occupy the building for up to
12 months after the closing, and expects to relocate its Foster City
operations to a new San Francisco Bay Area location.

"We are pleased to seize this opportunity to enter a win-win agreement
with Gilead Sciences, one of the world's strongest biopharmaceutical
companies," said Guy Gecht, Chief Executive Officer of EFI. "The
proceeds from this transaction will make EFI an even stronger company
for our shareholders, customers and employees. Our plan is to find a
new facility in the Bay Area that will foster innovation and creativity
while minimizing the impact on our local employees' commutes."

Separately, the company today announced record quarterly revenue for
the second quarter of 2012. Details can be found in a press release
posted on the Investor Relations section of the EFI website at
http://ir.efi.com.

About EFI

EFI(TM) (www.efi.com) is a worldwide provider of products, technology,
and services leading the transformation of analog to digital imaging.
Based in Silicon Valley with offices around the globe, the company's
powerful integrated product portfolio includes digital front-end
servers; superwide, wide-format, label, and ceramic inkjet presses and
inks; production workflow, web-to-print, and business automation
software; and office, enterprise, and mobile cloud solutions. These
products allow users to produce, communicate and share information in
an easy and effective way, and enable businesses to increase their
profits, productivity, and efficiency.

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 other than statements of historical fact including
words such as "anticipate," "believe," "estimate," "expect," "consider"
and "plan" and statements in the future tense are forward looking
statements. The statements in this press release that could be deemed
forward-looking statements include statements regarding the expected
closing date for the transaction, EFI's expectation to relocate its
operations to a new San Francisco Bay Area based location by the fourth
quarter of 2013, EFI's expectation that the proceeds from the
transaction will make EFI an even stronger company for its
shareholders, customers and employees, 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, a risk that all or substantially all of the closing
conditions to the sale may not be satisfied, or otherwise waived, and
that the sale does not close when expected or at all; a risk that EFI
may not be able to relocate its operations when expected; unforeseen
expenses; the difficulty of aligning expense levels with revenue;
management's ability to forecast revenues, expenses and earnings; any
world-wide financial and economic difficulties and downturns; adverse
tax-related matters such as tax audits, changes in our effective tax
rate or new tax legislative proposals; the unpredictability of
development schedules and commercialization of products by the leading
printer manufacturers and declines or delays in demand for our related
products; changes in the mix of products sold; the uncertainty of
market acceptance of new product introductions; intense competition in
each of our businesses, including competition from products developed
by EFI's customers; challenge of managing asset levels, including
inventory and variations in inventory levels; the uncertainty of
continued success in technological advances; 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; and any other risk factors that may be included
from time to time in the Company's SEC 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 section entitled "Risk Factors" in the Company's SEC filings,
including, but not limited to, its 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 www.efi.com.


CONTACT: Vincent Pilette
         Chief Financial Officer
         EFI
         650-357-3500
         
         Investor Relations:
         JoAnn Horne
         Market Street Partners
         415-445-3235