Corporate Profile for X-Rite, Incorporated, dated June 19, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: June 19, 1998
Company Name: X-Rite, Incorporated
Address: 3100 44th Street SW
Grandville, MI 49418
Main Telephone
Number: 616/534-7663
Internet Home
Page Address
(URL): http://www.x-rite.com
Chief Executive
Officer: Ted Thompson
Chief Financial
Officer: Duane Kluting
Investor Relations
Contact: Duane Kluting/Kate Thornton
Business number: 616/257-2203
Public Relations
Contact: Duane Kluting/Kate Thornton
Business number: 616/257-2203
Trading Symbol/
Exchange: NASDAQ/NMS:XRIT
Industry: Quality control instrument manufacturing
Company description: X-Rite, Incorporated, is a manufacturer of quality control instruments for companies in the paint, plastic, textile, photographic, graphic arts graphic arts: see aquatint; drawing; drypoint; engraving; etching; illustration; linoleum block printing; lithography; mezzotint; niello; pastel; poster; silk-screen printing; silhouette; silverpoint; sketch; stencil; woodcut and wood engraving. , and medical industries. It has two main product lines: instruments that measure color and appearance and instruments that measure optical or photographic density Noun 1. photographic density - (physics) a measure of the extent to which a substance transmits light or other electromagnetic radiation absorbance, optical density, transmission density density, denseness - the amount per unit size . Its wholly-owned subsidiary, Labsphere, is a leading supplier of integrating spheres, sphere systems, and reflectance re·flec·tance n. The ratio of the total amount of radiation, as of light, reflected by a surface to the total amount of radiation incident on the surface. Noun 1. coatings. X-Rite is headquartered in Michigan with offices in New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , Massachusetts, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Germany, England, the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , and France. X-Rite revolutionized the markets it serves when it introduced hand-held, measuring instruments with accuracies previously limited to cumbersome, bench-mounted devices. X-Rite's portable instruments communicate to personal computers increasing the level of quality control on the factory floor and in the field. X-Rite is a leader in color measurement in the desk top publishing and digital imaging markets for all the steps from image making to the many ways documents are printed. During the past five years, sales increased from $39.2 million to $96.9 million, and net income from $7.5 million to $18.0 million. The Company has no long-term debt Long-Term Debt Loans and financial obligations lasting over one year. Notes: For example debts obligations such as bonds and notes which have maturities greater than one year would be considered long-term debt. and has financed its acquisitions and research & development internally.
CONTACT: X-Rite, Inc.
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