Monotype Imaging is a global provider of text imaging solutions for manufacturers and developers of consumer electronics devices like laser printers, copiers, mobile phones, digital televisions, digital cameras and software applications, and operating systems. They also provide printer drivers and color imaging technologies to original equipment manufacturers. Monotype Imaging technologies are combined with access to more than 10,000 typefaces and offer fonts and industry-standard solutions that support all of the world’s major languages.

Revenue for the first quarter of 2008 was $27.3 million, up 6% over revenue of $25.7 million in the first quarter of 2007. Net income for the quarter was $3.7 million, compared to a net income of $1.6 million for the same period last year. At the end of the first quarter of 2008, Monotype Imaging had cash balances of $27.8 million and an outstanding debt of $128.1 million compared to cash balances of $19.6 million and an outstanding debt of $131.4 million as of December 31, 2007. The company continues to expect full year revenue for 2008 in the range of $112 to 116 million. This estimate reflects the foreign exchange gain and legal and accounting expenses as well as a higher than anticipated effective tax rate.