EFI announces commencement of tender offer

The tender offer will expire on December 18, 2009 at 12:00 midnight, New York City time, unless extended. Tenders of shares must be made on or prior to the expiration of the tender offer and may be withdrawn at any time on or prior to the expiration of the tender offer. The tender offer is subject to a number of terms and conditions described in the Offer to Purchase that will be distributed to stockholders.

On the terms and subject to the conditions of the tender offer, EFI’s stockholders will have the opportunity to tender some or all of their shares within the price range established by EFI. Based on the number of shares tendered and the prices specified by the tendering stockholders, EFI will determine the lowest price per share within the range that will enable it to buy 4,500,000 shares of its common stock or a lesser amount if fewer than 4,500,000 shares are properly tendered. If stockholders properly tender more than 4,500,000 shares, EFI will purchase shares tendered by those stockholders owning fewer than 100 shares, without pro ration, and all other shares tendered will be purchased on a pro rata basis, subject to the conditional tender offer provisions described in the Offer to Purchase. In accordance with the rules of the Securities and Exchange Commission, EFI may under certain circumstances and reserves the right to, purchase in the tender offer an additional amount of shares, not to exceed 2percent of its outstanding common stock, without amending or extending the tender offer.

All shares that are acquired in the tender offer will be acquired at the same purchase price, including shares that are tendered at a lower price. Stockholders whose shares are purchased in the tender offer will be paid the purchase price in cash, less any applicable withholding taxes and without interest, promptly after the expiration of the tender offer. The tender offer is not contingent on any minimum number of shares being tendered. However, the tender offer is subject to a number of other conditions specified in the Offer to Purchase that will be distributed to EFI stockholders.

Assuming that the maximum 4,500,000 shares are accepted for payment in the tender offer at a purchase price of $12.75 per share and EFI exercises its right to accept for payment, according to the terms and conditions of the tender offer, an additional 2 percent of its outstanding shares (or approximately 993,569 shares), EFI will have purchased approximately $70 million worth of its common stock.

The dealer manager for the offer is Morgan Stanley & Co. Inc. Questions concerning the tender offer may be directed to Morgan Stanley & Co. Inc. at (888) 721-8777. Mellon Investor Services LLC is the depositary and information agent for the tender offer and any questions concerning the tender offer or requests for copies of the Offer to Purchase, Letter of Transmittal and related documents should be directed to Mellon Investor Services LLC by calling (201) 680-6579 (banks and brokerage firms) or (866) 281-4269 (all others toll free). The Offer to Purchase, Letter of Transmittal and related documents are being mailed to registered stockholders and will also be made available for distribution to beneficial owners of EFI common stock.

Neither EFI nor any member of its Board of Directors, nor the dealer manager, the depositary or the information agent is making any recommendation to stockholders as to whether to tender or refrain from tendering their shares into the tender offer or at the price or prices at which you may choose to tender your shares. Stockholders must make their own decisions as to how many shares they will tender, if any, and the price, within the stated range, at which they will offer their shares for purchase by EFI.