Flint Group's Deputy Chairman Retires

-- Graphic Arts Online, 6/25/2008 3:51:00 PM

Chairman, plans to resign from the Board, and retire from the company at the end of July

2008.

“After 16 years in a leading role within Flint Ink and later Flint Group this was not an easy

decision,” said Mr. Frescoln. “I feel passionate about the company and grateful for having

been given the opportunity to lead and advise it in times when every day provided new

chances to make a difference. However, feeling also a deep love for my family and knowing

the qualified leaders and talents that were brought together within Flint Group with the

business combinations over the recent years, I decided that the time also never had been

better to change my focus and dedicate more time to my family.”

Mr. Frescoln joined Flint Ink Corporation in February 1992 as Chief Financial Officer,

advancing to President and Chief Operating Officer later that year, and was appointed Chief

Executive Officer in 2004. He was named Chief Executive Officer of Flint Group upon its

formation in September 2005 and became Deputy Chairman in September 2007.

During the period with Flint Ink Dave Frescoln was responsible for numerous acquisitions and

business combinations, with BASF North American Graphics, Manders Premier, Companhia

Quimica Industrial Brasileiro, Alper Group and Gebrüder Schmidt being the most notable. “It

was Dave’s vision and leadership that took Flint Ink from being a US ink producer, to

becoming one of the leading players in the Global market,” emphasized Flint Group’s

Chairman Howard Poulson.

In 2005, Dave Frescoln played a significant role in the creation of Flint Group leading the

integration of Flint Ink with XSYS. He continued to look for opportunities to strengthen the

newly formed Group, and did so with the industry changing acquisition of Day International in

2007.

Howard Poulson concluded “we greatly appreciate Dave’s leadership and his contribution over

the years, and wish him and his family all the best.”