EXHIBIT 2.2
[LOGO] STEVENS INTERNATIONAL, INC NEWS
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FOR IMMEDIATE RELEASE
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For Additional Information Please Contact:
Paul I. Stevens George A. Wiederaenders
Chairman and Chief Treasurer and Chief
Executive Officer Accounting Officer
858-450-1508 817-831-3911
STEVENS INTERNATIONAL CONSIDERS COMBINATION WITH GSS
Fort Worth, TX, September 11, 2000 - Stevens International, Inc. (OTC BB:
SVEIA & SVEIB) today announced that it has entered into discussions for a
possible combination with Graphic Systems Services, Inc., a privately held
printing equipment manufacturer located in Springboro, Ohio. The
combination would involve the issuance by Stevens International of shares of
its Series A Common Stock for the Graphic Systems Services business. Terms
of the potential transaction remain to be determined between the parties.
The Series A Common Stock has not been and will not be registered under the
Securities Act of 1933 and may not be offered or sold in the United States
absent registration or an applicable exception from registration
requirements.
Stevens International, Inc. markets and manufactures complete high-speed
digital image processing systems for the banknote/security industry and the
web-fed printing and packaging systems for the worldwide packaging,
banknote/security and specialty/commercial printing industries.
Forward Looking Statements - Certain statements contained herein, which are
not historical fact, are forward looking statements that involve risks and
uncertainties, including but not limited to, the impact of competitor's
pricing; product quality and related features; the cyclical nature of the
Company's business; the technological innovations and product performance
issues related to the Company's new product lines; recent losses; and other
risks detailed in the Company's filings with the Securities and Exchange
Commission.
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5700 E. Belknap Street * Fort Worth, Texas * 76117-4139
Telephone 817-831-3500 * Fax 817-759-4090
