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NEWS RELEASEApril 11, 2012For Immediate Release Jacksonville, FL) - Tennant & Russell, LLC, a consulting company specializing in strategic moves for software companies within the printing industry, announced this morning the acquisition of Metrics Sistemas de Informação, Servicos e Comercio LTDA (Metrics), its client, by Electronics For Imaging, Inc., a world leader in customer-focused digital printing innovation. Metrics is a market leader in Latin America as a provider of ERP/MIS software focused on the printing industry. Financial terms of the acquisition were not disclosed. "We were very pleased to be working with another solid company like Metrics", said Tennant & Russell, President James McCarthy. "The acquisition process can be very involved, time consuming and complicated, and we were delighted that we could help move the process very quickly from offer to closure." Metrics is based in Sao Paulo, Brazil. Over the past 14 years, the company has built a base of more than 250 customers in Brazil and Latin America. Metrics, under the leadership of Osmar Barbosa, co-founder and CEO of Metrics, will become part of EFI's Software Applications (APPS) portfolio. "The Metrics team and I are very excited about joining EFI, the leader in ERP/MIS," added Osmar Barbosa, CEO of Metrics. "We look forward to sharing our expertise to enhance the EFI stable of products and grow their business in Latin America." About EFI: About Tennant & Russell: Tennant & Russell, LLC is a consulting firm specializing in strategic moves for small to mid range companies. A large portion of their clients are in the software industry. They work with organizations to determine and leverage their greatest strengths to take advantage of strategic opportunities in the marketplace. Client coverage stretches outside the US to Europe, Australia, and South America. # # # Back to Transactions Page
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