FOR IMMEDIATE RELEASE
Mutoh America Announces Price Reductions


Contact: Kerrie Mellott Tel: (602) 414-4613 marketing@mutoh.com


TEMPE, Ariz., May 12, 2003 Mutoh America Inc., a worldwide leader and manufacturer of large format commercial inkjet printers announces new pricing for a select number of their printers.

With the introduction of the new Toucan 64-inch, 6-color printer at $74,995 (MSRP), Mutoh announces the following price reductions to their Toucan family of printers:

Toucan 64-inch, 4-color was $69,995, now is $59,995
Toucan 87-inch, 6-color was $149,995, now is $129,995

Pricing on the Falcon II (50") indoor machine will also be reduced from $23,995 to $19,995.

"We are announcing these price reductions in order to offer our customers additional value on these popular Mutoh products. The new pricing was part of Mutoh's PMA and ISA show promotions, but was so popular we decided to continue it indefinitely," states Guy Cipresso, Vice President, Business Development for Mutoh America Inc.

These pricing changes are effective immediately.

About Mutoh

Mutoh Industries, Ltd. was founded in 1952 in Tokyo, Japan, to manufacture and distribute mechanical drafting products. Mutoh later introduced a broad line of flatbed and roll-fed pen/pencil plotters that established Mutoh as a worldwide leader in X-Y motion systems and printer and plotter technology. Since then, ISO9000-certified Mutoh Industries, Ltd. has become the world's foremost manufacturer of large format piezoelectric printers. Mutoh manufactures printers and related peripherals for some of the biggest names in the pre-press, sign and graphics industries. Mutoh has key engineering manufacturing and distribution centers in Japan, Belgium and Tempe, Arizona, home to subsidiary Mutoh America.

For more information about Mutoh America, please visit us on the Web at www.mutoh.com, via email at marketing@mutoh.com or by calling 602-414-4613, or 800-99-MUTOH (800-996-8864).