Consolidated Graphics Signs Letter Of Intent To Acquire Universal Printing Company

  Consolidated Graphics Signs Letter Of Intent To Acquire Universal Printing

PR Newswire

ST. LOUIS, June 19, 2013

ST. LOUIS, June 19, 2013 /PRNewswire/ --Consolidated Graphics, Inc. (NYSE:
CGX) announced today that it has entered into a letter of intent to acquire
Universal Printing Company located in St. Louis, Missouri. Terms of the
transaction were not disclosed.

Founded in 1939, Universal Printing Company is one of the country's leading
web and sheetfed commercial printing companies, serving customers nationwide
from a state of the art facility in St. Louis, Missouri. Universal's 150
employees provide first class service to a blue chip customer base.

"Universal Printing Company is an extremely well run company which will
further expand our capabilities and footprint in the Midwest as we continue to
build on our industry leading position," commented Joe R. Davis, Chairman and
Chief Executive Officer of Consolidated Graphics. "We believe Universal is an
attractive company that fits our proven acquisition strategy."

Jim Cohen, Executive Vice President, Mergers and Acquisitions, of Consolidated
Graphics added, "Bob Ebel's expertise in guiding Universal's growth over the
years is impressive, and he will be an excellent addition to what we like to
refer to as the best peer group in our industry – our 70 operating company

Bob Ebel, Chief Executive Officer of Universal Printing Company, stated, "I am
excited about joining Consolidated Graphics because their operating model is
unique. Preserving the legacy that we have created is important to me, and I
look forward to continuing to lead this company with all of the resources of
Consolidated Graphics behind us, including their worldwide digital network and
industry leading technology solutions."

Consolidated Graphics, Inc. (CGX), headquartered in Houston, Texas, is one of
North America's leading general commercial printing companies. With 70
printing businesses strategically located across 26 states, Toronto, and
Prague, Consolidated Graphics offers an unmatched geographic footprint,
unsurpassed capabilities, and unparalleled levels of convenience, efficiency
and service. With locations in or near virtually every major U.S. market, CGX
provides the service and responsiveness of a local printer enhanced by the
economic, geographic and technological advantages of a large national

Consolidated Graphics' vast and technologically advanced sheetfed and web
printing capabilities are complemented by the world's largest integrated
digital footprint. By coupling North America's most comprehensive printing
capabilities with strategically located fulfillment centers and
industry-leading technology, CGX delivers end-to-end print production and
management solutions that are based on the needs of our customers to improve
their results. For more information, visit

Forward-Looking Statements

This press release contains "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, in which the Company discusses
factors it believes may affect its performance or results in the future.
Forward-looking statements are all statements other than historical facts,
such as statements regarding assumptions, expectations, beliefs and
projections about future events or conditions. You can generally identify
forward-looking statements by the appearance in such a statement of words like
"anticipate," "believe," "continue," "could," "estimate," "expect," "intend,"
"may," "might," "plan," "potential," "predict," "forecast," "project,"
"should" or "will" or other comparable words or the negative of such words.
The accuracy of the Company's assumptions, expectations, beliefs and
projections depend on events or conditions that change over time and are thus
susceptible to change based on actual experience, new developments and known
and unknown risks, including those created by general market conditions,
competition and the possibility that events may occur beyond the Company's
control, which may limit its ability to maintain or improve its operating
results or financial condition or acquire additional printing businesses. The
Company gives no assurance that the forward-looking statements will prove to
be correct and does not undertake any duty to update them. The Company's
actual future results might differ from the forward-looking statements made in
this press release for a variety of reasons, including,continuing weakness in
the economy, the growth of its digital printing business, seasonality of
election-related business, its ability to adequately manage expenses,
including labor costs, the unfavorable outcome of legal proceedings, the lack
of or adequacy of insurance coverage for its operations, the continued
availability of raw materials at affordable prices, retention of its key
management and operating personnel, satisfactory labor relations, the
potential for additional goodwill impairment charges, its ability to identify
new acquisition opportunities, negotiate and finance such acquisitions on
acceptable terms and successfully absorb and manage such acquisitions in a
timely and efficient manner, as well as other risks described under the
heading "Risk Factors" of our Annual Report on Form 10-K and the risk factors
and cautionary statements described in the other documents the Company files
or furnishes from time to time with the Securities and Exchange Commission,
including its Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Should one or more of the foregoing risks or uncertainties materialize, or
should the Company's underlying assumptions, expectations, beliefs or
projections prove incorrect, the Company's actual results may vary materially
from those anticipated in its forward-looking statements, and its business,
financial condition and results of operations could be materially and
adversely affected.

SOURCE Consolidated Graphics, Inc.

Contact: Jon C. Biro, Executive Vice President/ Chief Financial Officer,
Consolidated Graphics, Inc., (713) 787-0977 or Matt Steinberg/Katie Pyra, FTI
Consulting, Inc., (212) 850-5600
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