Ennis Business Forms, Inc. Announces Completion of Acquisition of Shares of Calibrated Forms Co., Inc

Business Wire, Nov 13, 2002

Business Editors

DESOTO, Texas--(BUSINESS WIRE)--Nov. 13, 2002

Ennis Business Forms, Inc. (NYSE:EBF) announced today that it has completed its acquisition of the outstanding stock of Columbus, Kan.-based Calibrated Forms Co., Inc.

Calibrated designs, manufactures and markets printed business forms within the wholesale business forms marketplace.

Calibrated becomes a wholly-owned subsidiary and will operate in the Forms Solutions Group within Ennis. Calibrated's owners, Jim Amyx and Kim Brown, will continue to lead Calibrated with the support of their management team.

Keith S. Walters, Chairman, President and Chief Executive Officer of Ennis commented, "We are pleased to have the acquisition of Calibrated completed and that the Calibrated management will continue to operate this successful business. Calibrated's operational efficiencies and product offering will help Ennis to continue to provide the best product and services to our distributors."

Ennis Business Forms, Inc., is one of the largest private-label printed business product suppliers in the United States. Headquartered in DeSoto, Texas, the Company has 30 production facilities located in 12 states, strategically located to serve the Company's national network of distributors. Ennis offers an extensive product line from simple to complex forms, laser cut-sheets, negotiable documents, internal bank forms, tags, labels, presentation folders, commercial printing, advertising specialties, screen printed products, and point-of-purchase display advertising that can be custom designed to customer needs. In addition, Ennis maintains highly proficient regional Customer Sales Centers to support distributors in their business efforts.

Management's comments contain forward-looking statements that reflect the Company's current view with respect to future revenues and earnings. These statements are subject to numerous uncertainties, including (but not limited to) the rate at which the traditional business forms market is contracting, the application of technology to the production of business forms, demand for the Company's products in the context of a contracting market, variability in the prices of paper and other raw materials, and competitive conditions associated with the Company's products. Because of such uncertainties readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of Nov. 13, 2002.