2009-11-16 08:04:20 -

London, November , 16, 2009

*         Acquisition enables Agfa Graphics to significantly increase
  its presence in large format inkjet printing
*         Gandi's portfolio of mid-range large format printers is
  completely complementary to Agfa Graphics' inkjet business
*         The proposed transaction will allow Agfa Graphics to serve
  a large installed base.


Mortsel (Belgium) - Toronto (Canada), November 16, 2009 - 8.00 a.m.
CET



Agfa Graphics announces that it has reached an agreement to acquire
most of the assets of Gandi Innovations Holdings LLC's North American
operations and the shares of its principal foreign subsidiaries.
Gandi Innovations is a global leader in large format inkjet systems.
Since May 2009, it has been operating under CCAA protection in Canada
and Chapter 15 in the USA.
The acquisition is subject to regulatory and court approval and the
successful closing of the transaction. The price of the transaction
is not being disclosed at this point of time, but it will have no
major impact on Agfa's financial debt.

Over the period 2001-2009, Gandi Innovations has created a large
installed base of inkjet printing engines, reaching a sales peak of
127 million USD in 2008. Sales in 2009 have strongly suffered from
the economic crisis (affecting in particular investment goods) and
the uncertainty surrounding the company. Gandi Innovations' long
established team has a wealth of pioneering expertise and engineering
excellence in large format printing technology. Gandi Innovations'
customers include many of the world's leading Point of Purchase and
large format printing companies. Over the years, they have come to
rely on the company's vision, reliability and cutting-edge
technology.

Gandi Innovations was founded in 2001 and has its headquarters and
its production facilities in Mississauga (Canada). The Group employs
256 highly skilled staff and operates worldwide through sales offices
and distributors.

Combined with recent announcements on Agfa Graphics' :M-Press Tiger
industrial flatbed inkjet press and the launch of new printing
engines in the :Anapurna large format range, the acquisition of the
assets of Gandi Innovations strengthens Agfa Graphics' leadership in
large format inkjet printing systems.

"The combination of Gandi Innovations' products and Agfa Graphics'
products will result in substantial growth for our inkjet business
based on an even more complete system portfolio," said Richard
Barham, Agfa Graphics' Vice President Inkjet. "This is an important
step in implementing our Inkjet growth strategy. As our own portfolio
consists of entry-level and high-end inkjet systems, Gandi
Innovations' mid-range systems are a 100% complementary fit with our
existing inkjet technology."

Gandi Innovations' CEO and co-founder Hary Gandy added: "Joining Agfa
Graphics offers Gandi Innovations' staff and customers tremendous
opportunities for the future. The combined capabilities and coverage
in customer service and research and development will accelerate the
launch of new products, deliver new business opportunities and
further expand our service to our customers."

About Agfa-Gevaert
The Agfa-Gevaert Group is one of the world's leading companies in
imaging and information technology. Agfa develops, manufactures and
markets analogue and digital systems for the printing industry (Agfa
Graphics), for the healthcare sector (Agfa Healthcare), and for
specific industrial applications (Agfa Materials).
Agfa is headquartered in Mortsel, Belgium. The company is present in
40 countries and has agents in another 100 countries around the
globe. The Agfa-Gevaert Group achieved a turnover of 3,032 million
Euro in 2008.

About Agfa Graphics
Agfa Graphics offers integrated pre-print solutions for the printing
industry. These solutions include material consumption, hardware,
software, and services for production workflow, design and color
management. The Company's CtP, CtF and digital proofing systems have
positioned it as worldwide leader in the commercial printing and
packaging industries as well as newspaper publishing markets.
Agfa Graphics is rapidly expanding its offer of products and
solutions on the growing digital inkjet market. Its experience in
both image technology and emulsions has provided the knowledge
necessary to make high-quality systems for UV and solvent-based inks.
Partnerships with industry leaders in development and manufacture
have expanded the scope of its technology and permitted the company
to develop comprehensive digital solutions for printing posters,
banners, signs, displays, labels and packaging materials.

More information on Agfa-Gevaert, Agfa Graphics and Gandi Innovations
can be found on their respective websites: www.agfa.com -
www.gandinnovations.com.


Contact
Kris Hoornaert
CFO, Agfa-Gevaert NV
tel. ++32 (0)3/444 7223

Richard Barham
Vice President Inkjet, Agfa Graphics NV
tel:+32 (0) 3 444 9400
fax:+ 32 (0) 3 444 9402
e-mail: richard.barham@agfa.com

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