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To: Bidder who wrote (52142)	6/22/2000 9:27:00 AM
From: Jim Bishop	Respond to of 150070

ACLR gapping nicely...I knew there was a good reason for sleeping with it. Awesome news yesterday IMO. Philip Morris and Accent Color Sciences Sign Contract to Develop Customized Printing System for Industrial Use EAST HARTFORD, Conn.--(BUSINESS WIRE)--June 21, 2000--Accent Color Sciences, Inc. (OTC Bulletin Board: ACLR - news), a leading provider of high-speed highlight color printing systems, today announced that it has signed a development agreement with Philip Morris Incorporated in which the two companies will work together to develop a customized printing system for use by Philip Morris. The agreement marks the first move by Accent Color Sciences into custom development of products for industrial printing, or printing that is necessary for the production or distribution processes. This aspect of printing covers many markets and products, from packaging to the product itself. According to Mark Hanley, Managing Partner of I.T. Strategies, a market consulting firm specializing in digital printing, ``The industrial printing market is large and growing. We estimate the market size as over $300 billion worldwide. Accent Color Sciences and its base technology of ink jet integration is well suited to address the needs of the market.'' Charles Buchheit, president and chief executive officer of Accent Color Sciences, commented: ``We have studied a number of industrial printing applications and we feel this is a market for which we are well-suited. It's a natural extension of our current capabilities and gives us diversity.'' Donald Allred, vice president of technology and market development at Accent Color Sciences, added: ``Accent Color is uniquely positioned to provide products to this industry. Ink jet printing integration is our expertise. We are experienced with high-speed printing in production environments through our current business with IBM and Xerox. In addition, we offer a first-class manufacturing facility capable of producing the volumes and variants of products desired. Finally, we provide a critical link to current and future advanced inkjet printing technology through our technology partner, Spectra.'' Mr. Allred said many of the drivers in the industrial printing market are similar to those Accent Color Sciences experiences in its current production printing market: ``Companies desiring to implement mass customization require just-in-time production and quick response marketing processes as well as targeted advertising programs and shorter product turnaround time. While traditional printing falls short in terms of cost, capability and turnaround speed, advancing digital technologies provide companies with the types of products and the reliability that they require.'' Accent Color Sciences, Inc. designs, manufactures and sells innovative, high-speed highlight color digital printing systems -- Truecolor(TM) Systems -- for the transaction printing and production publishing segments of the printing industry, and offers custom ink jet design and integration services for high-speed industrial printing. Truecolor(TM) Systems, when integrated with high-speed, digital, monochrome printers, create a system that prints or highlights critical information in multiple colors for large-volume applications. Such applications include billing statements, account statements, invoices, legal notices, brochures, financial reports and short-run, on-demand publications. NOTE: Press releases and other information are available on Accent Color Sciences' World Wide Web site at accentcolor.com. Contact: Accent Color Sciences, Inc. Donald Allred, 860/610-4000, Ext. 4152 or PUBLICIS DIALOG Mark Perlgut/Cynthia A. Bond, 212/684-6300