Gerber Scientific, Inc. Closes on Sale of Laser Marking and Engraving Business Unit to ALLTEC

• Press Release
• Source: Gerber Scientific, Inc.
• On 8:30 am EDT, Wednesday September 2, 2009

SOUTH WINDSOR, Conn., Sept. 2 /PRNewswire-FirstCall/ -- Gerber Scientific, Inc. ("the Company") (NYSE: GRB - News) today announced that it had closed on the previously announced sale of its laser marking and engraving business unit, FOBA Technology + Services GmbH ("FOBA"), to ALLTEC Angewandte Laserlicht Technologie GmbH, the laser business unit of Videojet Technologies Inc. The Company said that the net proceeds from the sale would be used to reduce its outstanding debt and for general corporate purposes. RA Capital Advisors acted as financial advisor to the Company in the transaction.

About Gerber Scientific, Inc.

Gerber Scientific, Inc. (www.gerberscientific.com) is a leading international supplier of sophisticated automated manufacturing systems for the sign making, specialty graphics and packaging, apparel and flexible materials, and ophthalmic lens processing industries. Headquartered in South Windsor, Connecticut, the Company operates through four primary businesses: Gerber Scientific Products, Spandex, Gerber Technology and Gerber Coburn.

Cautionary Note Concerning Factors That May Affect Future Results

This news release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements contained in this news release regarding the Company's closing of the FOBA transaction and the use of proceeds are forward-looking statements that involve risks and uncertainties. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, readers are referred to the Company's filings with the Securities and Exchange Commission, including but not limited to, the information included in Gerber Scientific's Annual Report on Form 10-K for the fiscal year ended April 30, 2009 under the headings "Business," "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations - Cautionary Note Concerning Factors That May Influence Future Results," as well as information included in subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, which outline certain important risks regarding the Company's forward-looking statements. Actual future results or events may differ materially from these forward-looking statements. The Company expressly disclaims any obligation to update any of these forward-looking statements, except as required by law.

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