Addmaster Corporation Announces Green Initiative.

Receipt and Validation Printer Manufacturer Pledges to Reduce Its Overall Environmental Impact

MONROVIA, Calif. -- Addmaster Corporation, a manufacturer of teller receipt and validation printers for some of the nation's most prominent financial institutions, announced a corporate-wide green initiative, aimed at producing environmentally friendly printers and reducing the company's overall environmental impact.

Addmaster works with a number of leading financial institutions such as Wells Fargo and Wachovia, who have also assumed leadership roles in adopting environmentally conscious initiatives that include building environmentally friendly branches and using recycled materials.

Founded in 1962, the 45-year old company's inkjet printers have a low operating consumption of six watts and a standby consumption of one watt .- a small fraction of the power consumption of many of its competing technologies. Addmasters' products consume low levels of energy that can save large financial institutions as much as $250,000 per year in energy costs.

Other conditions of the company's green initiative include:

* Building printers with lead-free electronics components

* Building printers with environmentally safe Hewlett-Packard ink cartridges.

* Advocating the use of recycled paper, thermo-mechanical pulp (TMP) paper and unbleached paper for best printing results.

* Offering a recycling and disposal program to customers who wish to upgrade old Addmaster printers for new ones.

* Utilizing recycled corrugated packing materials for shipping.

* Publishing only electronic versions of product manuals that are available for download at www.addmaster.com

"For the past 45 years, we have been a leader in this industry," said Hugh Clary, vice president of Addmaster. "That is why we feel the responsibility to take a leadership role in providing our customers with environmentally friendly products that will, in many cases, help them with their own environmental initiatives."

About Addmaster

Addmaster, founded in 1962 and headquartered in Monrovia, California, is one the industry's largest manufacturers of teller receipt and validation printers used primarily for the banking industry. Addmaster customers include some of America's most prominent financial institutions, such as Wells Fargo and Wachovia. In addition to banks, Addmaster printers can be found in the retail, utility and government realms. The company also produces Inkjet print mechanisms, MICR readers and decoder boards, and digital control boards.

For more information on Addmaster, contact Hugh Clary, vice president at [phone], extension 225 or visit the company's Web site at www.addmaster.com.