TallyGenicom Appoints William L. Rumold as CEO

Chantilly, VA, June 20, 2005 - TallyGenicom announced today that William L. Rumold has been named Chief Executive Officer of the company. Rumold brings more than 25 years of international business leadership experience in a variety of high technology sectors.

"TallyGenicom is a global leader in the manufacturing of a wide range of durable, high quality business and industrial printers, as well as offering parts, supplies and unparalleled printing solutions and services," said Rumold. "It is my charge to continue to drive growth in this thriving global enterprise."


"Bill has all of the qualifications and intangibles to lead TallyGenicom to the next level and I believe he is the right person for the job," said Arthur D. Gallo, outgoing Chief Executive Officer of TallyGenicom. As planned, Mr. Gallo will move to a special advisor to the Board of Directors role and will focus on enhancing the company's global strategic partnerships.


Rumold joins TallyGenicom after performing as Founder, CEO and Chairman of DC 7 and Chairman and CEO of WiredPocket, two highly successful hi-tech start-ups. In addition, he was Interim CEO of Lumeta Corporation, a Bell Labs spin-off company. In the late 1990's, Rumold occupied senior management positions for several global technology companies, where he was responsible for international sales, marketing and customer support. Rumold spent the first 15 years of his career working for Hewlett Packard where he served at different points as Managing Director, Operations General Manager, Distribution Channel Development Manager and National Programs Manager.


Rumold has a Bachelor of Science degree in Electrical Engineering from Missouri school of Mines, and served in the United States Air Force.

About TallyGenicom: TallyGenicom is one of the largest companies in the world focused exclusively on supplying computer printers to commercial and industrial users. TallyGenicom® printers are designed and manufactured to perform critical, business-specific printing tasks in industries such as healthcare, transportation, manufacturing, warehousing and retail. Major international corporations such as Wal-Mart, American Airlines, SBC Communications, Daimler Chrysler, Blockbuster and Volkswagen use TallyGenicom® printers because of their customized design, rugged construction, durability and proven reliability.

TallyGenicom Worldwide Headquarters are in the United States in Chantilly, VA near Washington, D.C. Its European headquarters are in Ulm, Germany. Elsewhere in the Americas, TallyGenicom maintains facilities in Kent, WA; Waynesboro, VA; McAllen, TX; and Reynosa, Mexico. In Europe the firm also has operations in London, Paris, Vienna and Milan. Asian operations are located in Singapore and Jiangmen, China. The company does business as TallyGenicom® in the Americas and markets its products there under the TallyGenicom® brands