EFI Enters Into Real Estate Asset Sale Agreement With Gilead Sciences

EFI Enters Into Real Estate Asset Sale Agreement With Gilead Sciences

Company to Sell Foster City Facility for $180 Million

FOSTER CITY, Calif., July 19, 2012 (GLOBE NEWSWIRE) -- Electronics For
Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital
printing innovation, announced today that it has reached an agreement to sell
its headquarters building in Foster City, California for $180 million to
Gilead Sciences, Inc. ("Gilead"). The transaction is expected to close in
October 2012, subject to various closing conditions. The company will continue
to occupy the building for up to 12 months after the closing, and expects to
relocate its Foster City operations to a new San Francisco Bay Area location.

"We are pleased to seize this opportunity to enter a win-win agreement with
Gilead Sciences, one of the world's strongest biopharmaceutical companies,"
said Guy Gecht, Chief Executive Officer of EFI. "The proceeds from this
transaction will make EFI an even stronger company for our shareholders,
customers and employees. Our plan is to find a new facility in the Bay Area
that will foster innovation and creativity while minimizing the impact on our
local employees' commutes."

Separately, the company today announced record quarterly revenue for the
second quarter of 2012. Details can be found in a press release posted on the
Investor Relations section of the EFI website at http://ir.efi.com.

About EFI       

EFI™ (www.efi.com) is a worldwide provider of products, technology, and
services leading the transformation of analog to digital imaging. Based in
Silicon Valley with offices around the globe, the company's powerful
integrated product portfolio includes digital front-end servers; superwide,
wide-format, label, and ceramic inkjet presses and inks; production workflow,
web-to-print, and business automation software; and office, enterprise, and
mobile cloud solutions. These products allow users to produce, communicate and
share information in an easy and effective way, and enable businesses to
increase their profits, productivity, and efficiency.

The Electronics For Imaging, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7332

Safe Harbor for Forward-Looking Statements

Certain statements in this press release are forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Statements
other than statements of historical fact including words such as "anticipate,"
"believe," "estimate," "expect," "consider" and "plan" and statements in the
future tense are forward looking statements. The statements in this press
release that could be deemed forward-looking statements include statements
regarding the expected closing date for the transaction, EFI's expectation to
relocate its operations to a new San Francisco Bay Area based location by the
fourth quarter of 2013, EFI's expectation that the proceeds from the
transaction will make EFI an even stronger company for its shareholders,
customers and employees, and any statements or assumptions underlying any of
the foregoing.

Forward-looking statements are subject to certain risks and uncertainties that
could cause our actual future results to differ materially, or cause a
material adverse impact on our results. Potential risks and uncertainties
include, but are not necessarily limited to, a risk that all or substantially
all of the closing conditions to the sale may not be satisfied, or otherwise
waived, and that the sale does not close when expected or at all; a risk that
EFI may not be able to relocate its operations when expected; unforeseen
expenses; the difficulty of aligning expense levels with revenue; management's
ability to forecast revenues, expenses and earnings; any world-wide financial
and economic difficulties and downturns; adverse tax-related matters such as
tax audits, changes in our effective tax rate or new tax legislative
proposals; the unpredictability of development schedules and commercialization
of products by the leading printer manufacturers and declines or delays in
demand for our related products; changes in the mix of products sold; the
uncertainty of market acceptance of new product introductions; intense
competition in each of our businesses, including competition from products
developed by EFI's customers; challenge of managing asset levels, including
inventory and variations in inventory levels; the uncertainty of continued
success in technological advances; the challenges of obtaining timely,
efficient and quality product manufacturing and components supplying;
litigation involving intellectual property rights or other related matters;
our ability to successfully integrate acquired businesses; and any other risk
factors that may be included from time to time in the Company's SEC reports.

The statements in this press release are made as of the date of this press
release. EFI undertakes no obligation to update information contained in this
press release. For further information regarding risks and uncertainties
associated with EFI's businesses, please refer to the section entitled "Risk
Factors" in the Company's SEC filings, including, but not limited to, its
annual report on Form 10-K and its quarterly reports on Form 10-Q, copies of
which may be obtained by contacting EFI's Investor Relations Department by
phone at 650-357-3828 or by email at investor.relations@efi.com or EFI's
Investor Relations website at www.efi.com.

CONTACT: Vincent Pilette
         Chief Financial Officer
         EFI
         650-357-3500
        
         Investor Relations:
         JoAnn Horne
         Market Street Partners
         415-445-3235

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