Shanghai Electric Elects to Assume Full Ownership of Goss

DURHAM, NH—May 19, 2010—Shanghai Electric (Group) Corp. (SEG) will acquire 100-percent ownership of Goss International in June, 2010, exercising an option established when it became a shareholder in the company in September, 2009.

The acquisition of the remaining shares by SEG will give Goss International an industrial owner with substantial resources and accelerate cooperation among SEG affiliated printing equipment suppliers within a unique worldwide network.