UPFRONT

Mail-Well Sells Subsidiary

ENGLEWOOD, CO—Mail-Well Inc. announced it has sold its Curtis 1000 subsidiary to a private group for $40 million, including the assumption of Curtis 1000's debt. Curtis 1000 was acquired by Mail-Well in February of 2000. According to Woody Davis, Mail-Well's senior vice president, it is being resold as part of the company's strategic plan to "narrow our lines of business and reduce our debt load—two of the key components we outlined in June of 2001."