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Southern Lithoplate, Inc. and Spectratech International, Inc. North American Exclusive Graphic Arts Film Distribution Agreement with Ferrania S.p.A.

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Southern Lithoplate, Inc. and Spectratech International, Inc. North American Exclusive Graphic Arts Film Distribution Agreement with Ferrania S.p.A.

Wake Forest, North Carolina, USA – June 14, 2000

Edward A. Casson, jr., Southern Lithoplate Chairman & CEO, announced today the formation of a Strategic Alliance with Ferrania S.p.A. of Italy: "This alliance empowers Southern Lithoplate with world-class, commercial quality, image setting films and chemicals to bundle with our world-renowned newspaper plates."

In his enthusiasm, Casson continued: "As the United States’ primary provider of printing plates to the single-width newspaper market and considering our increasing share of the double-wide market, we have a responsibility to our customers to build upon our High Quality Low Cost Mission. This line of film guarantees our plate customers the best of plates and film at superior pricing."

Casson continued to state that wholly owned subsidiary Spectratech International, Inc. will also represent Ferrania S.p.A. graphic art films and chemicals for the commercial print market through selected semi-exclusive commercial plate dealers/distributors in the United States, Canada, Mexico and Central America

About Southern Lithoplate, Inc.
Southern Lithoplate, www.slp.com, is a privately-owned international manufacturer of Quality Offset Printing Plates with 65 years of proven industry experience. Southern Lithoplate provides environmentally safe printing plates, related chemistries, and plate processors to satisfied newspaper customers world-wide. In 1999, Raymond James Capital, St. Petersburg, Florida www.rjf.com/capmkt/mrchbnk.htm partnered with Southern Lithoplate for continued growth and expansion into the commercial market. Most recently Southern Lithoplate’s wholly owned subsidiary, Spectratech International www.spectralitho.com, purchased the former 3M/Imation commercial plate manufacturing plant and assets in Middleway, West Virginia, USA. Spectatech International now operates these facilities and manufactures analog and digital CTP plate technologies for the commercial marketplace.

About Ferrania
Ferrania Imaging Technologies is an independent, Photographic and Imaging Company with integrated R&D and manufacturing operations (Europe and US). Formerly part of Imation Corp., Ferrania Imaging Technologies is now an independent and privately-owned company whose major shareholder is Schroder Ventures, one of the world’s leading international private equity specialists, who is affiliated with the UK-based global investment bank, Schroders plc. Ferrania S.p.A., the Italian legal entity, has played a role in the development of Imaging Technologies and related businesses since 1923. Currently it develops, manufactures – at its own Technological Site located in Northern Italy – and distributes a full line of Imagesetting film and related chemicals for the Graphic Arts Industry along with a wide range of Photographic Films, Single Use Cameras, and Ink-Jet media on a global basis.

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