Ennis, Inc. Reports Improvement in Overall Quarterly Financial Results

Our earnings (loss) for the quarter increased from ($62.9) million for the three months ended February 28, 2009 to $9.8 million for the three months ended February 28, 2010, primarily due to the improved margins realized by both our segments during the quarter and impact associated with the goodwill and trademark impairment charge of $67.9 million during the comparable period last year. Our diluted earnings (loss) per share ("EPS") increased from ($2.44) per share to $.38 per share for the three months ended February 28, 2009 and February 28, 2010, respectively.