--  Net revenues decreased 11% to $72.0 million from $80.6 million.  The
        decrease in revenues was due to an 8% decline in sales volume, a 2%
        unfavorable pricing impact and a 1% unfavorable foreign exchange impact.
        The majority of the sales volume decline was due to market share
        declines experienced by our customers' brands.
    --  Gross profit decreased 13% to $12.8 million from $14.7 million primarily
        due to the decline in revenues.  However, gross margins were maintained
        at 18% of revenues due to improved operating efficiencies and fixed cost
        reductions.
    --  Selling, general and administrative expenses decreased 4% to $6.7
        million from $7.0 million and were held to 9% of revenues in both
        periods.
    --  Operating income decreased 21% to $6.1 million from $7.7 million due to
        the decline in revenues.
    --  Interest expense decreased 32% to $1.3 from $1.9 million due to a
        reduction in bank debt of $5.3 million and lower interest rates.
    --  Net income from continuing operations decreased 17% to $3.4 million from
        $4.1 million.
    --  Earnings Per Share (EPS) from continuing operations decreased 15% to 28
        cents per diluted share from 33 cents.

    --  The Company was recognized on the Forbes Listing of America's 200 Best
        Small Companies for the third consecutive year.

"Despite the challenging environment, we generated a significant increase in cash flow during the first half of the year which has allowed us to reduce outstanding debt by approximately $10 million. We continue to focus on cost reduction actions and improving operating efficiencies to mitigate the impacts of lower revenues. Our view for the balance of the fiscal year remains cautious as we continue to experience a weak revenue growth environment," said Frank Gerace, President and CEO of Multi-Color Corporation.

For the six month period ended September 30, 2009, Multi-Color's net revenues decreased 12% to $141.6 million from $160.1 million due to an 8% decline in sales volume, a 3% unfavorable foreign exchange impact and a 1% unfavorable pricing impact. Net income from continuing operations increased 6% to $ 7.4 million and EPS from continuing operations was 60 cents per diluted share for the six months ended September 30, 2009.

In addition, the Company will relocate its Corporate Headquarters from Sharonville, Ohio to its Batavia, Ohio facility during the third quarter ending December 31, 2009. In connection with the relocation, the Company will record an estimated charge of approximately $1.1 million to $1.5 million for remaining lease obligations related to its Sharonville facility.

Fiscal Year 2010 Second Quarter Earnings Conference Call and Webcast

The Company will hold a conference call on November 2, 2009 at 11:00 a.m. (ET) to discuss the news release. For domestic access to the conference call, please dial 1-888-713-4215 (code 19267937) or for international access please call 1-617-213-4867 (code 19267937) by 10:45 a.m. (ET). A replay of the conference call will be available at 2:00 p.m. (ET) on November 2, 2009 until midnight (ET) on November 9, 2009, by calling 1-888-286-8010 (code 24249483) if domestic or for international access please call 1-617-801-6888 (code 24249483). In addition, the call will be broadcast over the Internet and can be accessed from a link on the Company's home page at www.multicolorcorp.com. Listeners should go to the web site prior to the call to register and to download any necessary audio software.

Participants may pre-register for the call at https://www.theconferencingservice.com/prereg/key.process?key=PPEGH44U6 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection.

Safe Harbor Statement

The Company believes certain statements contained in this report that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Any forward-looking statement speaks only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

Statements concerning expected financial performance, on-going business strategies, and possible future actions which the Company intends to pursue in order to achieve strategic objectives constitute forward-looking information. Implementation of these strategies and the achievement of such financial performance are each subject to numerous conditions, uncertainties and risk factors. Factors which could cause actual performance by the Company to differ materially from these forward-looking statements include, without limitation, factors discussed in conjunction with a forward-looking statement; changes in general economic and business conditions; the ability to consummate and successfully integrate acquisitions; ability to manage foreign operations; currency exchange rate fluctuations; the success and financial condition of the Company's significant customers; competition; acceptance of new product offerings; changes in business strategy or plans; quality of management; the Company's ability to maintain an effective system of internal control; availability, terms and development of capital and credit; cost and price changes; raw material cost pressures; availability of raw materials; ability to pass raw material cost increases to its customers; business abilities and judgment of personnel; changes in, or the failure to comply with, government regulations, legal proceedings and developments; risk associated with significant leverage; increases in general interest rate levels affecting the Company's interest costs; ability to manage global political uncertainty; and terrorism and political unrest. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Multi-Color (http://www.multicolorcorp.com)

Sharonville, Ohio based Multi-Color Corporation, established in 1916, is a leader in global label solutions supporting the world's most prominent brands including leading producers of home and personal care, wine and spirits, food and beverage and specialty consumer products. Multi-Color acquired Collotype International Holdings Pty. Ltd. on February 29, 2008. Collotype was established in 1903 in Adelaide, South Australia and is the world's leading and most awarded pressure sensitive wine & spirits label printer. Multi-Color is the world's largest producer of in-mold labels and one of the largest producers of pressure sensitive and heat transfer labels and a major manufacturer of high-quality wet glue applied labels and shrink sleeves. Multi-Color has 13 manufacturing locations worldwide; 7 in the U.S., 5 in Australia and 1 in South Africa.

For additional information on Multi-Color, please visit http://www.multicolorcorp.com.

                              Multi-Color Corporation
                   Condensed Consolidated Statements of Income
                   (in 000's except per share data) Unaudited

                      Three Months Ended       Six Months Ended
                    September    September   September    September
                    30, 2009     30, 2008    30, 2009     30, 2008
                    ---------    ---------   ---------    ---------

    Revenues         $71,963      $80,637    $141,621     $160,087
    Cost of Goods
     Sold             59,142       65,950     115,845      130,430
                      ------       ------     -------      -------
    Gross Profit      12,821       14,687      25,776       29,657
    Gross Margin          18%          18%         18%          19%
    Selling,
     General &
    Administrative     6,697        6,952      12,977       15,405
                       -----        -----      ------       ------
    Operating
     Income            6,124        7,735      12,799       14,252

    Other (Income)
     Expense             (44)        (293)       (180)        (378)
    Interest
     Expense           1,257        1,855       2,486        3,994
                       -----        -----       -----        -----
    Income from
     Continuing
     Operations
     before Tax        4,911        6,173      10,493       10,636
    Provision for
     Taxes             1,479        2,033       3,076        3,659
                       -----        -----       -----        -----
    Income from
     Continuing
     Operations        3,432        4,140       7,417        6,977
    Income (Loss)
     from
     Discontinued
     Operations,
     Net of Taxes          -          (27)          -         (170)
                         ---          ---         ---         ----
    Net Income        $3,432       $4,113      $7,417       $6,807
                      ======       ======      ======       ======

    Basic Earnings
     Per Share:
      Income from
       Continuing
       Operations      $0.28        $0.34       $0.61        $0.57
      Income (Loss)
       from
       Discontinued
       Operations         $-           $-          $-       $(0.01)
                          --           --          --       ------
    Basic Earnings
     Per Share         $0.28        $0.34       $0.61        $0.56
                       =====        =====       =====        =====

    Diluted
     Earnings Per
     Share:
      Income from
       Continuing
       Operations      $0.28        $0.33       $0.60        $0.56
      Income (Loss)
       from
       Discontinued
       Operations         $-           $-          $-       $(0.01)
                          --           --          --       ------
    Diluted
     Earnings Per
     Share             $0.28        $0.33       $0.60        $0.55
                       =====        =====       =====        =====

    Basic Shares
     Outstanding      12,202       12,133      12,201       12,122
    Diluted Shares
     Outstanding      12,359       12,444      12,328       12,399

                           Selected Balance Sheet
                                Information
                           (in 000's) Unaudited


                                       September 30,    March 31,
                                           2009           2009
                                       -------------    ---------
    Current Assets                        $59,617        $56,052
    Total Assets                         $282,526       $258,208
    Current Liabilities                   $44,409        $42,521
    Total Liabilities                    $147,262       $155,176
    Stockholders' Equity                 $135,264       $103,032
    Total Debt                            $92,354       $102,319

Certain prior year amounts have been reclassified to conform to current year reporting.

SOURCE Multi-Color Corporation

http://www.multicolorcorp.com

The Company believes certain statements contained in this report that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Any forward-looking statement speaks only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

Statements concerning expected financial performance, on-going business strategies, and possible future actions which the Company intends to pursue in order to achieve strategic objectives constitute forward-looking information. Implementation of these strategies and the achievement of such financial performance are each subject to numerous conditions, uncertainties and risk factors. Factors which could cause actual performance by the Company to differ materially from these forward-looking statements include, without limitation, factors discussed in conjunction with a forward-looking statement; changes in general economic and business conditions; the ability to consummate and successfully integrate acquisitions; ability to manage foreign operations; the success and financial condition of the Company's significant customers; competition; acceptance of new product offerings; changes in business strategy or plans; quality of management; the Company's ability to maintain an effective system of internal control; availability, terms and development of capital; cost and price changes; raw material cost pressures; availability of raw materials; ability to pass raw material cost increases to its customers; business abilities and judgment of personnel; changes in, or the failure to comply with, government regulations, legal proceedings and developments; risk associated with significant leverage; increases in general interest rate levels affecting the Company's interest costs; and terrorism and political unrest. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Multi-Color (http://www.multicolorcorp.com)

Sharonville, Ohio based Multi-Color Corporation, established in 1916, is a leader in global label solutions supporting the world's most prominent brands including leading producers of home and personal care, wine and spirits, food and beverage and specialty consumer products. Multi-Color acquired Collotype International Holdings Pty. Ltd. on February 29, 2008. Collotype was established in 1903 in Adelaide, South Australia and is the world's leading and most awarded pressure sensitive wine & spirits label printer. Multi-Color is the world's largest producer of in-mold labels and one of the largest producers of pressure sensitive and heat transfer labels and a major manufacturer of high-quality wet glue applied labels and shrink sleeves. Multi-Color has 13 manufacturing locations worldwide; 7 in the U.S., 5 in Australia and 1 in South Africa.

For additional information on Multi-Color, please visit http://www.multicolorcorp.com.

SOURCE Multi-Color Corporation

http://www.multicolorcorp.com

Participants may pre-register for the call at https://www.theconferencingservice.com/prereg/key.process?key=PPEGH44U6. Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

Multi-Color Corp. is a company in global label solutions supporting many different brands including producers of home and personal care, wine and spirits, food and beverage and specialty consumer products.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

In a press release out on November 5, Acorn Energy Announces Intent to Increase Ownership of GridSense

--Will own 100% of leader in remote monitoring and control systems for electric utilities to avoid and manage electrical failures

MONTCHANIN, Del., Nov 05, 2009 -- Acorn Energy, Inc. (Nasdaq: ACFN), an energy technology holding company, today announced that it has entered into a binding letter of intent to purchase 69% of GridSense Systems, Inc. which will increase its ownership to 100%. The agreement is only subject to Acorn completing its due diligence to its satisfaction, with the closing expected to occur on or about January 5, 2010. The terms include cash, Acorn stock, conversion of Acorn loans to GridSense stock, and management performance incentives for 2010. The details of the terms are in the 8-k filed today with the Securities and Exchange Commission (SEC).

About Acorn Energy, Inc.

Acorn Energy, Inc. is a publicly traded holding company with equity interests in CoaLogix, Coreworx, DSIT and GridSense. These companies leverage advanced technologies to transform and upgrade the energy infrastructure around the world. Acorn companies are focused on three problems in the energy sector: improving the efficiency of the energy grid, reducing the risk for owners of large energy assets, and reducing the environmental impact of the energy sector. Acorn's strategy is to take primarily controlling positions in companies led by great entrepreneurs. For more information visit http://www.acornenergy.com.

Multi-Color Corporation (Nasdaq: LABL) trading at $12.22 per share on trading volume of 1,300 shares.

In a press release out on November 5, Multi-Color Declares Quarterly Dividend

SHARONVILLE, Ohio, Nov 05, 2009 -- Multi-Color Corporation (Nasdaq: LABL) announced today that its Board of Directors declared the Company's quarterly cash dividend for the third quarter of fiscal year 2010. The dividend is a payment of five cents per common share, payable December 1, 2009, to shareholders of record at the close of business on November 16, 2009.

About Multi-Color (http://www.multicolorcorp.com)

Sharonville, Ohio based Multi-Color Corporation, established in 1916, is a leader in global label solutions supporting the world's most prominent brands including leading producers of home and personal care, wine and spirits, food and beverage and specialty consumer products. Multi-Color acquired Collotype International Holdings Pty. Ltd. on February 29, 2008. Collotype was established in 1903 in Adelaide, South Australia and is the world's leading and most awarded pressure sensitive wine & spirits label printer. Multi-Color is the world's largest producer of in-mold labels and one of the largest producers of pressure sensitive and heat transfer labels and a major manufacturer of high-quality wet glue applied labels and shrink sleeves. Multi-Color has 13 manufacturing locations worldwide; 7 in the U.S., 5 in Australia and 1 in South Africa.

WPP (NASDAQ:WPPGY) trading at $46.76 on a volume of 22,819 shares

In a press release out on November 5, WPP and Fox Audience Network Announce a Partnership to Provide Enhanced Online Media Planning Services

Integrated data offerings set new standard for multichannel audience insights, segmentation and media planning

LOS ANGELES & NEW YORK, Nov 05, 2009 -- Fox Audience Network (FAN), a division of News Corporation, and WPP (NASDAQ:WPPGY) today announced a partnership to provide marketers with more accurate and in-depth information to increase the effectiveness of their digital marketing investments.

About WPP

WPP is the world's largest communications services group. Through its operating companies, the Group provides a comprehensive range of advertising and marketing services including advertising; media investment management; information, insight and consultancy; public relations and public affairs; branding and identity; healthcare communications; direct, digital, promotion and relationship marketing and specialist communications. The company employs 145,000 people (including associates) in 2,400 offices in 107 countries. For more information, visit www.wpp.com.

Advent Software, Inc. (NASDAQ: ADVS) trading at $39.35 on a volume of 15,352 shares

In a press release out on November 5, Advent Recognized Among Top Global Financial Technology Providers in FinTech 100 Ranking

SAN FRANCISCO, CA, Nov 05, 2009 -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, announced today that for the third consecutive year it has been named one of the top 100 technology vendors in the FinTech 100, an annual international listing of the foremost technology companies that serve the financial services industry.

About Advent

Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in 60 countries rely on Advent technology to run their mission-critical operations. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support and services organization. For more information on Advent products visithttp://www.advent.com/about/resources/demos/pr.

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