EFI Acquires Streamline Development

FOSTER CITY, Calif., Feb. 17, 2011 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced that it has acquired Streamline Development, LLC ("Streamline"). Streamline is the provider of PrintStream ERP/MIS software focused on mailing and fulfillment services for the printing industry. Financial terms of the acquisition were not disclosed. 

"We are very pleased to bring PrintStream into our growing customer community and combine our world-class offerings to the market," said Marc Olin, GM of EFI's Advanced Professional Print Software division ("APPS").

"EFI's goal is to better serve the industry by expanding our customer offerings and portfolio. We want to continue to offer our customers a complete product portfolio that seamlessly executes job creation to production, allowing them to be more efficient and effective, and ultimately, more profitable."

PrintStream software will become part of EFI's Advanced Professional Print Software portfolio. EFI intends to integrate key PrintStream features and technologies supporting mailing and fulfillment into its core ERP/MIS platforms, including EFI Pace, EFI Monarch and EFI Radius while continuing to support the existing PrintStream client base.

"The PrintStream team and I are very excited about joining EFI, the leader in ERP/MIS," added Laurence Snyder CEO of Streamline. "We look forward to sharing our expertise in the areas of mailing and fulfillment requirements to enhance EFI products."

Streamline is headquartered in San Rafael, CA. Streamline brings many years of experience developing and deploying applications developed specifically to manage the unique needs printing, direct mail and fulfillment organizations. Streamline's customers range from small direct mail and printing businesses through large multi-site enterprises involved in all aspects of printing, direct mail and fulfillment.

About EFI

EFI ( www.efi.com ) is a world leader in customer-focused digital printing innovation. EFI's award-winning solutions, integrated from creation to print, deliver increased performance, cost savings and productivity. The company's robust product portfolio includes Fiery digital color print servers; VUTEk superwide digital inkjet printers, UV and solvent inks; Rastek UV wide-format inkjet printers; Jetrion industrial inkjet printing systems; print production workflow and management information software; and corporate printing solutions.

The Electronics For Imaging, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7332   Safe Harbor for Forward Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that could be deemed forward-looking statements include statements regarding EFI's goals to better serve the industry, its goals regarding its customer offerings and product portfolio, integration of PrintStream, and any statements or assumptions underlying any of the foregoing.