EXHIBIT 2.1
[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 AND GSS ANNOUNCE SERVICE/PARTS ALLIANCE
Fort Worth, TX, August 31, 2000 - Stevens International, Inc. (OTC BB: SVEIA
& SVEIB) today announced an alliance between Stevens International and GSS
(Graphic Systems Service) in order to better serve the parts and service
needs of their combined customers and all current owners of printing presses
and other equipment built by the companies formerly known as Stevens
Graphics, Hamilton Tool, Schriber and all of their subsidiaries.
Richard Stevens, President of Stevens International said, "I am pleased that
our companies have come to this agreement. It is important that our
customers' requirements for parts and service be met in the most expedient
and professional way. We are very impressed with the capabilities at GSS to
provide for the needs of printers and are confident that our customers will
benefit from this partnership."
"The alliance of our two companies will fulfill the service and parts needs
of the customers whose success depends on their equipment running at peak
performance twenty-four hours a day, seven days a week. Our goal is to
provide the quality of parts and service that only the factory that built
the equipment can achieve," stated Daniel L Green, President of GSS.
GSS is a privately held company headquartered in Springboro, Ohio. GSS
markets and manufactures web-fed printing systems for the worldwide
packaging and specialty/commercial printing industries and is well known
throughout the industry for quick delivery of parts and its high level of
customer service.
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
