UPFRONT

Mail-Well Sells Filing Division

ENGLEWOOD, CO—Mail-Well Inc. has completed the sale of its filing products division to International Filing, a privately held company owned by IFC Filing, of Exton, PA. IFC Filing was formed by former Mail-Well Chairman Gerald Mahoney, along with management and other investors to effect the purchase. "The sale of our filing products division is another important step in the implementation of our strategic plan, narrowing our lines of business and reducing our debt load," states Paul Reilly, Mail-Well chairman, president and CEO. "International Filing Co. represents an exciting opportunity for the customers, management and employees of the filing products division."