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Xenonics Receives $1 Million Follow-On NightHunter Order
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Fortune Brands Names Patrick J. Koley Senior Vice President " Strategy & Corporate Development
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Fresh Del Monte Produce Signs Exclusive Banana Pr .. ase Agreement with Rise n? Shine Biotech of India
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H. J. Heinz Company to Present at Annual Consumer Analyst Group of New York (CAGNY) Conference
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Tandy Brands Accessories Reports Second Quarter Fiscal 2009 Financial Results
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Dairy Fresh Farms Inc.: Dairy Fresh Signs Letter of Intent to Acquire 100% of Monarch Energy Corp.
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Tenneco and GE Transportation Sign Agreement to J .. ly Develop Diesel Emission Control SCR Technology
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Altria to Host Webcast from the Consumer Analyst Group of New York Conference
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Campbell Appoints Ashok Madhavan Treasurer, Succeeding William O?Shea
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Lifetime Brands Announces Decision to Suspend Cash Dividend
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PAR Introduces EverServ Series 6000 POS Point-of-Sale Terminal
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Tue, February 3, 2009
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Euoko Group Inc.: Euoko's Eye Contour Nanolift Awarded Best Eye Rescue by Wallpaper in Paris
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Hasbro and the Jim Henson Company Team to Introdu .. of Toys and Games Based on Sid the Science Kid "
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Hypercom Appoints Jacques-Herve Maupin Managing Director " Hypercom Asia Pacific
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DTS to Present at the Deutsche Bank Securities 2009 Small and Mid Cap Conference
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Perry Ellis International to Present at the 2009 .. Global High Yield & Leveraged Finance Conference
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Clearwater Paper Completes Board of Director Appointments
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Pup-Peroni® Brand Unleashes New Advertising Campaign
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BAB, Inc. Reports Profit for Year-Ended 11/30/08
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Corn Products International Expects Diluted EPS i .. n 2009 With Cash Flow From Operations of $450 Mil
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Concord Camera Corp.: Concord Camera Corp. Announces Voluntary Delisting From NASDAQ
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Sonoco to Illustrate Savings with Light Pole Base .. ng Sonotube® Finish Free® Concrete Column Forms
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Global Imaging Announces Agreement to Acquire ComDoc
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Church & Dwight Co., Inc. Declares 432nd Regular Quarterly Dividend
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True Religion Opens New Branded Retail Store at the Mall at Millenia in Orlando, Florida
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X-Rite Completes Sale of Former Headquarters

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GRAND RAPIDS, Mich.--([ BUSINESS WIRE ])--X-Rite, Incorporated, (NASDAQ:XRIT) the global leader in color technology, today announced that it has completed the sale of its former headquarters and manufacturing facility located in Grandville, Michigan to CWD Capital, L.L.C. for a purchase price of $7,225,000. The Company stated that it would use the net proceeds from the sale to retire the $5.2 million mortgage on the property and pay down first lien debt by $1.7 million.

"This is very good news for the Company," stated Thomas J. Vacchiano, Jr., Chief Executive Officer for X-Rite. "The sale of our Grandville property is a continuation of our profit improvement plan, and it allows us to focus more of our attention on executing our core strategy. We want every member of the X-Rite organization to focus their time and energy on matters that contribute to our business, driving future growth and profitability."

Bradley J. Freiburger, Interim Chief Financial Officer of X-Rite commented, "We have been operating under difficult commercial real estate conditions for over two years. As a result of the sale, we will also reduce our expenses in 2009, as we will no longer incur interest and operating costs on a facility that we vacated after moving to our new offices in December 2006. We are confident that this was the right deal at the right time for X-Rite."

About X-Rite

X-Rite is the global leader in color science and technology. The company, which now includes color industry leader [ Pantone ], Inc., develops, manufactures, markets and supports innovative color solutions through measurement systems, software, color standards and services. X-Rite's expertise in inspiring, selecting, measuring, formulating, communicating and matching color helps users get color right the first time and every time, which translates to better quality and reduced costs. X-Rite serves a range of industries, including printing, packaging, photography, graphic design, video, automotive, paints, plastics, textiles, dental and medical. For further information, please visit [ www.xrite.com ].