Monotype Imaging Acquires Linotype; Move Unites Font Design and Technology Companies to Expand Global Offering into New Markets

Monotype Imaging Inc., a global leader in font and
imaging technologies, has acquired Linotype GmbH, a subsidiary of
Heidelberger Druckmaschinen AG and home of the renowned Linotype(R)
Library. The collection includes some of the most popular and
time-honored designs such as the Helvetica(R), Frutiger(R) and
Optima(R) typefaces. Linotype and its employees will remain based in
Bad Homburg, Germany, and operate as a wholly owned subsidiary of
Monotype Imaging.
The combination of Linotype's extensive, high-quality typeface
library and Monotype Imaging's font technology offerings and global
distribution strengths will provide customers a greater range of
typographic solutions for use in printers, display devices and the
graphic arts professional market. Together, the companies aim to
fulfill the increasingly sophisticated font requirements of consumer
electronics markets such as the mobile phone segment, where the number
of mobile subscribers increased more than 25 percent in 2005 to more
than two billion people, according to Informa Telecoms & Media.
"It's our vision to improve global communications through type,"
said Robert M. Givens, president and chief executive officer of
Monotype Imaging. "Wherever our customers want to communicate, whether
on mobile devices, digital cameras, computers, on television or in
print, our fonts and technology enable type to be displayed at high
quality in any language.
"We've worked with Linotype for years, and we have developed an
appreciation and respect for the esteemed reputation of the Linotype
company, a valuable asset we intend to protect and enhance. In
addition to its impressive heritage and current typographic
innovations, Linotype has a proven expert management team with values
and standards we share. Our passions and our visions are both aligned
and enhanced by our partnership. When the opportunity to combine our
companies was presented, it was a natural fit."
Linotype will continue as Linotype GmbH under the leadership of
Bruno Steinert, managing director, who gave his perspective on the
acquisition: "It's a new era for the font industry, and the strong
legacy of Linotype's values will live on and gain strength with this
move. Our corporate identity will not change and our customers can be
assured Linotype will continue to produce superior quality typefaces,
products and services, consistent with our tradition of design
excellence."
Monotype Imaging and Linotype have built solid reputations for
technological innovation and type design craftsmanship. Linotype, with
its collection of more than 6,000 typefaces, has delivered some of the
most famous typefaces in history from some of the most highly regarded
designers, including Hermann Zapf, Adrian Frutiger and Matthew Carter.
Monotype Imaging's iType(R) font engine and WorldType(R) Layout Engine
enable the display of scalable, multilingual text for small footprint
devices, such as cell phones. At the BREW(R) conference in June, where
Monotype Imaging announced the availability of both technologies for
QUALCOMM's BREW solution for cell phones, Monotype Imaging announced
the world's first font suite for mobile phones, giving developers the
ability to select fonts of choice for content and applications.
Monotype Imaging is also home to the Monotype(R) and ITC(R) typeface
libraries.
Both Monotype Imaging and Linotype have established custom design
businesses which have created typefaces for the corporate identities
of companies such as Marks & Spencer, Porsche, Suntory and UBS. In
1994, Monotype Imaging and Linotype standardized their end user
licensing agreements to simplify font usage and workflow rights for
creative professionals. The companies also have solutions to help
customers using large numbers of typefaces to effectively manage font
licenses. Through Monotype Imaging's Fontwise(R) service and
Linotype's FontExplorer(TM) X application, the companies intend to
accelerate development and support for these font and license
management solutions.
Monotype Imaging and Linotype will continue to market and license
typefaces from hundreds of type foundries and designers worldwide
through their e-commerce Web sites, www.fonts.com and
www.linotype.com. Allan Haley, director of words and letters at
Monotype Imaging explained how the company views its responsibility to
the type community: "Monotype Imaging and Linotype have forged solid
partnerships with typeface designers to create what we believe to be a
dynamic marketing and distribution channel. Together we want to
further strengthen this channel and encourage users to respect the
hard work that goes into creating typefaces. We're seeing vibrant new
designs every day - a sign that this community is thriving. We intend
to do all we can to help it stay that way."
Steinert added, "Linotype's long-standing reputation within the
type design community for integrity and best practice can be relied
upon, as we'll continue to expand our design program."

About Linotype

Linotype GmbH, based in Bad Homburg, Germany, is now a wholly
owned subsidiary of the Monotype Imaging group of companies. Building
on its 120 year heritage, Linotype develops state-of-the-art font
technology and offers more than 6,000 original typefaces, covering the
whole typographic spectrum from antique to modern, from east to west,
and from classical to experimental. All typefaces (in the
PostScript(R) and TrueType(R) formats as well as more than 2,500 fonts
in the OpenType(R) format) are now also available for instant download
at www.linotype.com. In addition to supplying digital fonts, Linotype
also offers comprehensive and individual consultation and support
services for font applications in worldwide (corporate) communication.

About Monotype Imaging

Based in Woburn, Mass. with regional offices in the U.K., Chicago,
Redwood City, Calif., Boulder, Colo., Japan and China, Monotype
Imaging is a global leader in fonts and font technologies for graphic
professionals, software developers and manufacturers of printers and
display devices. The company also provides print drivers and color
imaging technologies to OEMs (original equipment manufacturers).
Monotype Imaging is home to the Monotype and ITC typeface libraries,
collections that include widely used designs such as the Arial(R),
Times New Roman(R), Gill Sans(R) and ITC Franklin Gothic(TM) typeface
families. Monotype Imaging offers fonts and industry-standard
solutions for most of the world's written languages. Information about
Monotype Imaging and its products can be found on the company's Web
sites at www.monotypeimaging.com, www.fonts.com,
www.monotypefonts.com, www.customfonts.com, www.fontwise.com,
www.itcfonts.com and www.faces.co.uk.

Monotype, iType, WorldType and Fontwise are trademarks of Monotype
Imaging Inc. registered in the United States Patent and Trademark
Office and may be registered in certain jurisdictions. Linotype,
Helvetica, Frutiger and Optima are registered trademarks and
FontExplorer is a trademark of Linotype GmbH in the United States
Patent and Trademark Office and may be registered in certain
jurisdictions. Arial, Times New Roman and Gill Sans are trademarks of
The Monotype Corporation registered in the U.S. Patent and Trademark
Office and which may be registered in certain other jurisdictions.
ITC(R) and ITC Franklin Gothic are trademarks of International
Typeface Corporation and may be registered in certain jurisdictions.
BREW is a registered trademark of QUALCOMM Inc. PostScript is a
registered trademark of Adobe Systems Inc. in the United States and/or
other countries. TrueType is a registered trademark of Apple Computer
Inc. OpenType is a registered trademark of Microsoft Corporation in
the United States and/or other countries. All other trademarks are the
property of their respective owners. (C) 2006 Monotype Imaging Inc.
All rights reserved.