EXHIBIT 99.1
FOR: Consolidated Graphics, Inc.
CONTACT: Joe R. Davis
Chairman and CEO
Consolidated Graphics, Inc.
(713) 339-5767
Betsy Brod/Karen Pagonis
Media: Steve DiMattia
Morgen-Walke Associates, Inc.
(212) 850-5600
FOR IMMEDIATE RELEASE
CONSOLIDATED GRAPHICS APPOINTS WAYNE ROSE AS CHIEF FINANCIAL OFFICER
HOUSTON, TEXAS - January 11, 2000 - Consolidated Graphics, Inc. (NYSE:CGX)
announced today that Wayne M. Rose has been appointed to the position of
Executive Vice President and Chief Financial Officer. Mr. Rose, 54, comes to
Consolidated Graphics after an 18-year career with Quanex Corporation, a Houston
based manufacturer of steel and aluminum products for industrial customers
worldwide. Mr. Rose was most recently President of the Quanex Engineered
Products Group and previously served as Quanex's Chief Financial Officer. Mr.
Rose holds A.B. and M.B.A. degrees from the University of Illinois and is a
Certified Public Accountant.
"We are very pleased to have a Chief Financial Officer of Wayne's caliber
as part of our management team," said Joe R. Davis, Chairman and Chief Executive
Officer. "Through his proven track record in senior executive roles, he has
demonstrated superior financial expertise and an astute understanding of key
operational issues. We are confident Wayne will be instrumental in developing
strategies to achieve continued profitable growth."
Consolidated Graphics, Inc. is the largest sheet-fed and half-web
commercial printing company in the United States. Through its network of locally
managed printing companies in 25 states, the Company produces high-quality,
customized printed materials for a broad customer base that includes many of the
most recognized companies in the country. Consolidated Graphics also offers an
extensive and growing range of digital and Internet-based services and solutions
marketed through CGXmedia.com. Consolidated Graphics is focused on adding value
to its operating companies by providing financial and operational strengths,
management support and technological advantages associated with a national
organization. For more information, visit the Company's Web site at
www.consolidatedgraphics.com.
This press release contains forward-looking statements, which involve known
and unknown risks, uncertainties or other factors that could cause actual
results to materially differ from the results, performance or other expectations
implied by these forward-looking statements. Consolidated Graphics' expectations
regarding future sales and profitability assume, among other things, stability
and reasonable growth in the economy and in the demand for its products, the
continued availability of raw materials at affordable prices, retention of its
key management and operating personnel, as well as other factors detailed in
Consolidated Graphics' filings with the Securities and Exchange Commission.
