Ennis Will Acquire Assets of Integrated Print & Graphics of South Elgin, Illinois

Ennis, Inc. (the "Company"), (NYSE: EBF), today announced that one of
its wholly owned subsidiaries has entered into a Letter of Intent to
acquire the assets of Integrated Print & Graphics ("IPGa??) in South
Elgin, Illinois, a suburb of Chicago. IPG has been in the Chicago
marketplace since the 1970s and does about $20 million in sales
annually. The Ennis subsidiary, operating under the IPG brand and name,
will lease the current facility from the current owner for several years
with options to renew. The current owner, Gary Mozina, will not continue
as an employee of IPG. The employees will continue their employment with
the newly acquired IPG and produce the same products with the same
quality and attention to customer service as before. Ennis believes that
the acquisition will be accretive to earnings in the current year. Ennis
expects to sign and close the Asset Purchase Agreement effective the
close of business March 16th, 2019.

Keith Walters, Chairman, Chief Executive Officer and President of Ennis,
Inc., commented by stating, "We are very pleased to add IPG to the Ennis
family. IPG provides some additional capabilities to our product line
and its focus on high color commercial print to the direct mail channel
is consistent with our desire to expand this product line throughout the
Ennis business model. These products are sold through our normal sales
channel of independent distributors, so this business complements our
current business model. We think this will enhance our current product
mix and allow us to pursue more expansive product lines in the
integrated product market.a??

About Ennis

Ennis, Inc. (
is primarily engaged in the production and sale of business forms,
apparel and other business products. The Company is one of the largest
private-label printed business product suppliers in the United States.
Headquartered in Midlothian, Texas, the Company has production and
distribution facilities strategically located throughout the United
States of America to serve the Companya??s national network of
distributors. The Company manufactures and sells business forms, other
printed business products, printed and electronic media, presentation
products, flex-o-graphic printing, advertising specialties and Post-itA®
Notes, internal bank forms, plastic cards, secure and negotiable
documents, envelopes and other custom products.

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Litigation Reform Act of 1995
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