(Creo)

Print Action, Jun 2003

[Graph Not Transcribed]

CREO, for the 2003 second quarter, reported revenue of US$141.5 million, up nine per cent from US$130.1 million in the 2002 second quarter and comparable with US$142.8 million in the 2003 first quarter. For the six-month period ended March 31, 2003, Creo revenue was US$284.2 million, an increase of five per cent from US$269.6 million in the six-month period ended March 31, 2002. "Despite the general economic conditions and uncertainty in the U.S. market," said CEO Amos Michelson, "we are encouraged by the positive impact of our focused effort to improve performance in Europe and Asia."