Agfa Monotype Hires Ron Iversen as General Manager of OEM Color Group.

Business/Technology Editors

WILMINGTON, Mass.--(BUSINESS WIRE)--March 19, 2001

Agfa Monotype Corporation today announced that Ron Iversen has joined the company as general manager of the company's OEM Color Group. Iversen, with over 25 years experience in the digital imaging market, will direct color business aimed at OEMs and systems integrators that build color-enabled products.

"We're fortunate to have Ron drive this growing area of our business," said Doug Shaw, senior vice president of OEM business at Agfa Monotype. "We've already had success implementing our color technology with a few key OEMs. However, interest has grown faster than expected, and we needed to give our color solutions a special focus. Ron has stepped in at a very opportune time."

"It's exciting to join Agfa Monotype as color technology finds its way from the graphics arts market into a number of office markets," said Iversen. "A major factor that makes Agfa Monotype's color tools so exceptional is that they're based on patented technologies developed by Agfa Corporation for the graphic arts market -- a market notoriously demanding of superior image quality. Now, output device manufacturers that produce desktop color printers, copiers, wide-format printers and multifunction devices can benefit from these high-quality color technologies. Input device manufacturers that produce monitors, scanners, digital cameras and video projectors could also benefit from these color technologies."

Iversen joined Agfa Monotype from Zenographics, a leading developer of PC-based raster imaging technology, where he served as vice president of sales and marketing. Prior to that, he was president and CEO of Dycam, a pioneer in developing low-cost commercialized digital cameras. Iversen was also senior vice president and general manager of Datametrics, where he was responsible for establishing and growing a commercial division that developed a high-speed color printer based on proprietary technology. Prior to his association with Datametrics, Iversen spent eight years at Dataproducts (now Hitachi Koki Imaging Solutions) where he founded, managed and grew a laser printer division. Under his direction, the division achieved a market share of over 20 percent in the mid-range laser market segment. Iversen holds a masters degree in computer science from New York University and an MBA in marketing from the University of Connecticut.

Color Products from Agfa Monotype

Agfa Monotype's color technology is packaged as tool kits that allow OEMs to produce high-quality halftone screens and color profiles in their own lab environments. By controlling color reproduction in-house, OEMs are able to minimize development time while achieving superior quality results. Two kits are available: the ColorTune(r) Screening Tool Kit, which provides the ability to create screens for binary, multilevel and asymmetrical resolutions; and the ColorTune Color Tool Kit, which allows engineers to create, edit, preview and optimize color profiles. Source code is also available for the Agfa Monotype CMM (Color Management Module) for performing color transformations between standard color spaces.

About Agfa Monotype Corporation

Agfa Monotype Corporation is a major provider of digital content for graphics professionals. The company is a recognized leader in fonts and font technologies and an innovator in color and screening technologies. Agfa Monotype is a wholly-owned subsidiary of Agfa Corporation and is part of Agfa's Graphic Systems business unit. Agfa Corporation, headquartered in Ridgefield Park, NJ, is part of the Agfa-Gevaert Group, one of the world's leading imaging companies, headquartered in Mortsel, Belgium. Agfa develops, produces and markets analog and digital systems, primarily for the graphics, medical imaging, non-destructive testing and consumer imaging and photography markets. Worldwide, Agfa's annual sales are approximately $4.7 billion. Additional information about Agfa Monotype Corporation can be found on the company's web site at www.agfamonotype.com.

Agfa Monotype locations

Corporate office:

Agfa Monotype Corporation

200 Ballardvale Street

Wilmington, MA 01887-1069 USA

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Agfa Monotype Ltd.

Unit 2, Perrywood Business Park

Salfords, Redhill, Surrey RH1 5DZ UK

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Agfa Monotype Corporation

985 Busse Road

Elk Grove Village, IL 60007 USA

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Agfa-Gevaert Japan, Ltd.

8-1, Higashiyama 3-chome

Meguro-ku, Tokyo 153-0043 Japan

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