CLARIFICATION of X-Rite, Incorporated Press Release.GRAND RAPIDS Grand Rapids, city (1990 pop. 189,126), seat of Kent co., SW central Mich., on the Grand River; inc. 1850. The second largest city in the state, it is a distribution, wholesale, and industrial center for an area that yields fruit, dairy products, farm produce, , Mich. -- X-Rite, Incorporated, (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : XRIT) wishes to clarify a statement made in a press release, BW5211 (MI-X-RITE) "X-Rite Updates First Quarter Revenue Outlook and Announces Additional Expected Cost Savings for Fiscal 2008" issued earlier today regarding its first quarter revenue: Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs J. Vacchiano, Chief Executive Officer of X-Rite, was quoted as stating that the Company expects its fiscal first quarter revenue to be down approximately 3% versus last year's comparable period. The quote should have stated that the Company expects its fiscal first quarter revenue to be down approximately 3% on a pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma basis including the results of Pantone for the same period last year. We expect first quarter revenue to be in the range of $64 million to $66 million. Please refer to our original press release for further details. |
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