Gary W. Ampulski

PALM BEACH, FL—Workflow Management executives are currently exploring their refinancing options in light of concern from the company's auditors that it will not be able to meet its December 31 deadline for repaying $50 million in bank debt. Company officials are said to be exploring several options that include refinancing, restructuring and even the outright sale of the company. "We are actively working with our financial advisors to strengthen and stabilize our capital structure," says Gary W. Ampulski, CEO, adding that they have received several third-party inquiries regarding the company. "Our lenders are fully supportive of the decision of our board of directors to pursue various

Workflow Management Gets CEO PALM BEACH, FL—Gary W. Ampulski has been appointed president and CEO of Workflow Management. Ampulski brings to the position strong financial performance and hands-on experience in printing systems and services. Most recently he served as president and CEO of TAB Products, Vernon Hills, IL, a publicly held company. There he reportedly improved operating results, enhanced the management team, reduced costs and increased shareholder value by more than 175 percent in less than two years. California Printers Merge WATSONVILLE, CA—ColorAd Printers and Watsonville Press have joined forces to form PRINTWORX, which offers digital prepress, proofing and printing options. The new company has

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