(EMAILWIRE.COM, February 19, 2001 ) Addmaster, Corp., a manufacturer of teller receipt and validation printers for the financial industry, announced the commencement of phase two of the Addmaster Complex in Monrovia, Calif. Phase one was an 18,000 square foot manufacturing facility built in 1998 adjacent to the site of phase two. Both buildings are on land acquired from the Monrovia Redevelopment Agency. "It will be a very attractive building - two story, 16,500 square foot office/warehouse complete with marble and glass," said Hugh Clary, vice president of Addmaster Corporation. The facility will be fully operational in May. "Monrovia is becoming a miniature Silicon Valley," said Glenn Cox, assistant executive director of redevelopment for the Monrovia Redevelopment Agency, "and we've been dubbed the high tech center of San Gabriel Valley. The high tech corridor of Monrovia has been in development for 27 years. The Addmaster building will be the last one completed in the corridor and a nice finishing touch." In addition to Addmaster, the area is home to other innovators such as AeroEnvironment, started by Paul MacCready, Engineer of the Century; and SeeBeyond, the fastest growing company in Los Angeles County. Taisei Construction Corporation, a subsidiary of one of Japan's largest builders, is constructing the complex. Taisei is responsible for projects that include Japan's tallest building, the 70-story Landmark Tower Yokohama; the west Passenger Terminal Building at Tokyo (Haneda) International Airport; and the Sheraton Torrey Pines Hotel in San Diego, California. The leasing agent handling the new facility is Kevin Duffy with CB Richard Ellis of Glendale, California. About Addmaster Addmaster, founded in 1962 and headquartered in Monrovia, California, is one the industry's largest manufacturers of teller receipt and validation printers used primarily for the banking industry. Addmaster customers include some of America's largest banks such as Wells Fargo, Bank One, First Union and Regions Bank. In addition to banks, Addmaster printers can be found in the retail, utility and government realms. The company also produces Inkjet print mechanisms, MICR readers and decoder boards, and digital control boards. For more information on Addmaster, contact Hugh Clary at (626) 358-2395, extension 225 or write 225 East Huntington Drive, Monrovia, CA 91016. Visit the company's Internet site at www.addmasterinkjet.com. -------------------Produced for AddmasterContacts: Hugh Clary Vice President, Addmaster (626) 358-2395 hclary@addmaster.com Mary Heather Hanley Media Contact for Addmaster (678) 781-7208 maryheather@williammills.com -------------------

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