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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

EFI Reports Record First Quarter With Revenue Of $171M, Up 7%

Stocks in this article: EFII

              -  Tax charge of $0.3 million resulting from the filing of tax returns by foreign subsidiaries for periods prior to their acquisition by EFI.

               - Tax benefit of $3.4 million from the retroactive renewal of both the 2012 U.S. federal research and development tax credit and certain international tax provisions on January 2, 2013. The tax benefit for these items had been previously recognized in our non-GAAP net income for the year ended December 31, 2012

Usefulness of Non-GAAP Financial Information to Investors

These non-GAAP measures are not in accordance with or an alternative to GAAP and may be materially different from other non-GAAP measures, including similarly titled non-GAAP measures, used by other companies. The presentation of this additional information should not be considered in isolation from, as a substitute for, or superior to, net income or earnings per diluted share prepared in accordance with GAAP. Non-GAAP financial measures have limitations as they do not reflect certain items that may have a material impact upon our reported financial results. We expect to continue to incur expenses of a nature similar to the non-GAAP adjustments described above, and exclusion of these items from our non-GAAP net income and non-GAAP earnings per diluted share should not be construed as an inference that these costs are unusual, infrequent, or non-recurring.

CONTACT: Vincent Pilette
         Chief Financial Officer
         EFI
         650-357-3500

         Investor Relations:
         JoAnn Horne
         Market Street Partners 
         415-445-3235

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