| UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.  20549                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| FORM 10-K                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| x  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended April 30, 2011 or¨  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ___________ to ___________ Commission file number:  001-05865                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Gerber Scientific, Inc.(Exact name of registrant as specified in its charter)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Connecticut(State or other jurisdiction of incorporation or organization)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 06-0640743(I.R.S. Employer Identification No.)  |
| 24 Industrial Park Road West, Tolland, Connecticut(Address of principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | 06084(Zip Code) |
|  Registrant's telephone number, including area code:  (860) 870-2890                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Securities registered pursuant to Section 12(b) of the Act:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Title of each class                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | Name of each exchange on which registered |
| Common Stock, par value $0.01 per share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | New York Stock Exchange |
| Securities registered pursuant to Section 12(g) of the Act:  None                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes ¨   No þ                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes ¨   No þ                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.     Yes þ   No ¨                                                                                                                                                                                                                                                                                                                                                                                     |
| Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).     Yes ¨   No ¨                                                                                                                                                                                                                                                                                                                                                                              |
| Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.  þ                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.  Large accelerated filer ¨               Accelerated filer þ                         Non-accelerated filer ¨                   Smaller reporting company ¨  |
| Indicate by check mark whether the registrant is a shell company (as defined in Rule 12-b2 of the Act.)     Yes ¨   No þ                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| The aggregate market value of Gerber Scientific, Inc. common stock held by non-affiliates as of October 31, 2010, which was the last business day of the registrant's most recently completed second fiscal quarter, based on the reported closing price of the common stock on the New York Stock Exchange on such date, was approximately $166,307,388.                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 25,091,778 shares of common stock of the registrant were outstanding as of May 31, 2011, exclusive of treasury shares.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| DOCUMENTS INCORPORATED BY REFERENCE:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| None.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

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| GERBER SCIENTIFIC, INC.Index to Annual Reporton Form 10-KFiscal Year Ended April 30, 2011 |
|-------------------------------------------------------------------------------------------|
| PART I                                                                                    | PAGE |
|                                                                                      |   |   |
| Item 1.                                                                                   | Business | 4-11 |
| Item 1A.                                                                                  | Risk Factors | 11-18 |
| Item 1B.                                                                                  | Unresolved Staff Comments | 18 |
| Item 2                                                                                    | Properties | 18 |
| Item 3.                                                                                   | Legal Proceedings | 19 |
| Item 4.                                                                                   | (Removed and Reserved) | 19 |
|                                                                                      | Executive Officers of the Registrant | 19 |
|                                                                                      |   |   |
| PART II                                                                                   |   |
|                                                                                      |   |   |
| Item 5.                                                                                   | Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 20-22 |
| Item 6.                                                                                   | Selected Financial Data | 22 |
| Item 7.                                                                                   | Management's Discussion and Analysis of Financial Condition and Results of Operations | 22-44 |
| Item 7A.                                                                                  | Quantitative and Qualitative Disclosures About Market Risk | 44-45 |
| Item 8.                                                                                   | Financial Statements and Supplementary Data | 45 |
| Item 9.                                                                                   | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure | 45 |
| Item 9A.                                                                                  | Controls and Procedures | 45 |
| Item 9B.                                                                                  | Other Information | 45 |
|                                                                                      |   |   |
| PART III                                                                                  |   |
|                                                                                      |   |   |
| Item 10.                                                                                  | Directors, Executive Officers and Corporate Governance | 46-50 |
| Item 11.                                                                                  | Executive Compensation | 50-69 |
| Item 12.                                                                                  | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 69-73 |
| Item 13.                                                                                  | Certain Relationships and Related Transactions, and Director Independence | 74-75 |
| Item 14.                                                                                  | Principal Accounting Fees and Services | 75 |
|                                                                                      |   |   |
| PART IV                                                                                   |   |
|                                                                                      |   |   |
| Item 15.                                                                                  | Exhibits, Financial Statement Schedules | 76-122 |
|                                                                                      |   |   |
| Signatures                                                                                | 123 |

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PART I

ITEM 1.  BUSINESS

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|                               |                                                   | For the fiscal year ended April 30, 2011 |
|------------------------------------|--------------------------------------------------------|------------------------------------------|
| Operating Segment                  | Principal Business Unit                                | Revenue(in millions)                     |   | Percent ofRevenue |
| Sign Making and Specialty Graphics | Gerber Scientific Products and Spandex            |                                     | $ | 266.0 |   |   |   | 58 | % |
| Apparel and Industrial             | Gerber Technology, Virtek and Gerber Innovations  |                                     |   | 196.5 |   |   |   | 42 | % |
|                               |                                                   |                                     | $ | 462.5 |   |   |   | 100 | % |

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| ·   | conceptual design, advanced CAD pattern-making, and marking and nesting software for sewn products; |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | pattern design digitizers and large format plotters; |
|--------------------|------------------------------------------------------|

| ·   | CAM material spreading and single- and multi-ply cutting systems; |
|--------------------|-------------------------------------------------------------------|

| ·   | product lifecycle management, or "PLM," and product data management, or "PDM," software; |
|--------------------|------------------------------------------------------------------------------------------|

| ·   | precision laser-based templating and inspection solutions; |
|--------------------|------------------------------------------------------------|

| ·   | cutting systems designed to produce dies boards, and samples, as well as for short-run production; |
|--------------------|----------------------------------------------------------------------------------------------------|

| ·   | aftermarket supplies, including spare parts and consumable materials; and |
|--------------------|---------------------------------------------------------------------------|

| ·   | product installation, customer training, technical support and comprehensive maintenance and specialized support services. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------|

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|                               | April 30, |
|------------------------------------|-----------|
| In thousands                       |      | 2011 |   |   | 2010 |   |
| Sign Making and Specialty Graphics |      | $ | 633 |   |   | $ | 767 |   |
| Apparel and Industrial             |      |   | 27,170 |   |   |   | 25,886 |   |
|                               |      | $ | 27,803 |   |   | $ | 26,653 |   |

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ITEM 1A.  RISK FACTORS

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| ·   | the attention of Gerber’s management may be directed to transaction-related considerations (including the solicitation of alternative acquisition proposals as permitted under the “go-shop” clause of the merger agreement) and may be diverted from the day-to-day operations of Gerber’s business; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Gerber’s employees may experience uncertainty about their future roles with Gerber, which might adversely affect Gerber’s ability to retain and hire key personnel and other employees; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | vendors or other parties with which Gerber maintains business relationships may experience uncertainty about Gerber’s future and seek alternative relationships with third parties or seek to alter their business relationships with Gerber. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ·   | the pursuit of ultimately unconsummated acquisitions and the integration of acquired businesses could significantly strain management, financial and other resources and divert limited resources from regular operations; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Gerber may not be able to achieve the synergies and cost savings anticipated to result from any acquisition; |
|--------------------|--------------------------------------------------------------------------------------------------------------|

| ·   | Gerber's operating and financial systems and controls and information services may not be compatible with those of acquired companies or adequate to support integration efforts, and any steps taken to improve these systems and controls may not be sufficient; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | acquisitions could increase Gerber's need for qualified personnel, who may not be available; and |
|--------------------|--------------------------------------------------------------------------------------------------|

| ·   | acquired businesses may have unexpected liabilities and contingencies, which could be significant. |
|--------------------|----------------------------------------------------------------------------------------------------|

| ·   | general geopolitical risks, such as political and economic instability and changes in diplomatic and trade relationships; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------|

| ·   | imposition of or increases in currency exchange controls; |
|--------------------|-----------------------------------------------------------|

| ·   | potential inflation in the applicable foreign economies; |
|--------------------|----------------------------------------------------------|

| ·   | imposition of or increases in import duties and other tariffs on products; and |
|--------------------|--------------------------------------------------------------------------------|

| ·   | imposition of or increases in foreign taxation of earnings and withholding on payments received from subsidiaries. |
|--------------------|--------------------------------------------------------------------------------------------------------------------|

| ·   | make it more difficult for Gerber to satisfy its financial obligations; |
|--------------------|-------------------------------------------------------------------------|

| ·   | require Gerber to dedicate a substantial portion of its cash flow from operations to payments on its indebtedness; |
|--------------------|--------------------------------------------------------------------------------------------------------------------|

| ·   | limit Gerber’s ability to react to changes to the economy or in its business or industry; and |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | place Gerber at a competitive disadvantage relative to companies that have less indebtedness. |
|--------------------|-----------------------------------------------------------------------------------------------|

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| ·   | incur additional indebtedness, create liens and make investments; |
|--------------------|-------------------------------------------------------------------|

| ·   | pay dividends on or redeem or repurchase capital stock, and issue or sell stock of subsidiaries; and |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | engage in sale-leaseback transactions, sell assets and engage in mergers, sales, acquisitions and consolidations. |
|--------------------|-------------------------------------------------------------------------------------------------------------------|

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| ·   | changes in general economic conditions and specific conditions in industries in which Gerber's businesses operate that can result in the deferral or reduction of purchases by end-use customers; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | changes in the level of global corporate spending on technologies due to such economic conditions; |
|--------------------|----------------------------------------------------------------------------------------------------|

| ·   | the effects of terrorist activity and international conflicts, which could lead to business interruptions; |
|--------------------|------------------------------------------------------------------------------------------------------------|

| ·   | the size and timing of significant orders, which can be non-recurring; |
|--------------------|------------------------------------------------------------------------|

| ·   | product configuration and mix; |
|--------------------|--------------------------------|

| ·   | market acceptance of new products and product enhancements; |
|--------------------|-------------------------------------------------------------|

| ·   | announcements, introductions and transitions of new products by Gerber or Gerber's competitors; |
|--------------------|-------------------------------------------------------------------------------------------------|

| ·   | deferrals of customer orders in anticipation of new products or product enhancements introduced by Gerber or Gerber's competitors; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------|

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| ·   | changes in pricing in response to competitive pricing actions; |
|--------------------|----------------------------------------------------------------|

| ·   | supply constraints; |
|--------------------|---------------------|

| ·   | the level of expenditures on research and development and sales and marketing programs; |
|--------------------|-----------------------------------------------------------------------------------------|

| ·   | Gerber's ability to achieve targeted cost reductions; |
|--------------------|-------------------------------------------------------|

| ·   | rising interest rates; and |
|--------------------|----------------------------|

| ·   | costs associated with excess capacity or idle facilities. |
|--------------------|-----------------------------------------------------------|

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ITEM 1B.  UNRESOLVED STAFF COMMENTS

ITEM 2.  PROPERTIES

| Type of Facility                                                   | Location                                                                                                                                                                                                                                                 | Square Feet |
|--------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------|
|                                                               |                                                                                                                                                                                                                                                     |        |
| Corporate headquarters / manufacturing / office (L) (1,2)          | Tolland, Connecticut                                                                                                                                                                                                                                     | 237,400     |
| Manufacturing / office (O) (1,4)                                   | South Windsor, Connecticut                                                                                                                                                                                                                               | 194,000     |
| Manufacturing / office (L) (3)                                     | South Windsor, Connecticut                                                                                                                                                                                                                               | 60,000      |
| Manufacturing / warehouse / office (L) (1,2)                       | Manchester, Connecticut                                                                                                                                                                                                                                  | 93,500      |
| Manufacturing / office (O) (1)                                     | Lancaster, England                                                                                                                                                                                                                                       | 125,000     |
| Manufacturing / office (L) (2)                                     | Ikast, Denmark                                                                                                                                                                                                                                           | 39,000      |
| Manufacturing / office (O) (1)                                     | Achern, Germany                                                                                                                                                                                                                                          | 56,000      |
| Warehouse / sales and service office (L) (1,3)                     | Bristol, England                                                                                                                                                                                                                                         | 110,000     |
| Manufacturing / warehouses / sales and service offices (L) (1,2,3) | Various                                                                                                                                                                                                                                                  | 500,000     |
| (O)                                                                | Company-owned                                                                                                                                                                                                                                            |
| (L)                                                                | Leased                                                                                                                                                                                                                                                   |
| (1)                                                                | Sign Making and Specialty Graphics                                                                                                                                                                                                                       |
| (2)                                                                | Apparel and Industrial                                                                                                                                                                                                                                   |
| (3)                                                                | As of April 30, 2011, Gerber sublet 60,000 square feet in South Windsor, Connecticut, 48,000 square feet in Bristol, England and 35,145 square feet in Toronto, Canada to independent third parties pursuant to subleases expiring over various periods. |
| (4)                                                                | Classified as held for sale as of April 30, 2011.  The facility was sold in May 2011.                                                                                                                                                          |

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ITEM 3.  LEGAL PROCEEDINGS

ITEM 4.  (REMOVED AND RESERVED)

EXECUTIVE OFFICERS OF THE REGISTRANT

| Name                            | Age    | Position and Date of Initial Appointment                                                                           | Principal Business Experience Since April 2006                                                                                                                                                                                                                                                                                                                                              |
|---------------------------------|--------|--------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Marc T. Giles                   | 55     | President and Chief Executive Officer (November 29, 2001); President, Gerber Technology (May 1, 2011)              | ---                                                                                                                                                                                                                                                                                                                                                                                         |
|                            |   |                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                        |
| Michael R. Elia                 | 52     | Executive Vice President, Chief Financial Officer (April 15, 2008) and Chief Accounting Officer (January 29, 2010) | Chief Financial Officer, Risk Management Solutions, Inc. (January 2008 – April 2008), a specialty service provider for the insured and alternative risk marketplace; Senior Vice President and Chief Financial Officer of FastenTech, Inc. (January 2004 - December 2007), a global metal products manufacturer                                                                       |
|                            |   |                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                        |
| James S. Arthurs                | 67     | Senior Vice President (September 30, 2002); Chairman, Gerber Scientific Asia-Pacific (January 1, 2011)             | President Asia-Pacific, Gerber Scientific, Inc. (February 1, 2005 – December 31, 2010)                                                                                                                                                                                                                                                                                                |
|                            |   |                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                        |
| Patricia L. Burmahl   | 49     | Senior Vice President, Global Human Resources (May 3, 2010)                                                        | Vice President, Worldwide Development HR, Pfizer Inc. (March 2007 – September 2008), a research-based pharmaceutical company; Vice President, Worldwide Research HR, Pfizer Inc. (January 2004 – February 2007)                                                                                                                                                                 |
|                            |   |                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                        |
| Thomas P. Finn                  | 51     | President, Asia Pacific (January 1, 2011); Senior Vice President, Operations (February 15, 2010)                   | Executive VP, Operations Restructuring, Medis Technologies, Inc (January 2009 – May 2009), a fuel cell technology company; Independent Consultant, (January 2007 – January 2010); VP Supply Chain and Chief Supply Chain Officer – Asia Pacific & China, Lucent Technologies, Inc. (March 2000 – December 2006), a manufacturer of telecommunications equipment |
|                            |   |                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                        |
| William V. Grickis, Jr.         | 60     | Senior Vice President and General Counsel (October 1, 2003); Secretary (November 20, 2003)                         | ---                                                                                                                                                                                                                                                                                                                                                                                         |
|                            |   |                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                        |
| Rodney W. Larson                | 53     | Senior Vice President (May 1, 2007); President, Spandex (July 1, 2007)                                             | President, Gerber Coburn (March 2006 – July 2007); Independent Consultant (2005 – April 2007)                                                                                                                                                                                                                                                                                   |

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PART II

ITEM 5.  MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

|           |   | High   |   |   | Low    |   |   | Close  |   |
|----------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Fiscal 2011    |   |   |   |   |   |   |   |   |   |   |
| First Quarter  |   | $      | 7.68   |   |   | $      | 5.00   |   |   | $ | 5.74 |   |
| Second Quarter |   | $      | 7.09   |   |   | $      | 4.64   |   |   | $ | 6.69 |   |
| Third Quarter  |   | $      | 9.25   |   |   | $      | 6.40   |   |   | $ | 7.63 |   |
| Fourth Quarter |   | $      | 9.90   |   |   | $      | 7.48   |   |   | $ | 9.56 |   |
| Fiscal 2010    |   |   |   |   |   |   |   |   |   |   |
| First Quarter  |   | $      | 3.94   |   |   | $      | 2.16   |   |   | $ | 3.13 |   |
| Second Quarter |   | $      | 6.90   |   |   | $      | 3.03   |   |   | $ | 4.62 |   |
| Third Quarter  |   | $      | 5.44   |   |   | $      | 4.28   |   |   | $ | 4.90 |   |
| Fourth Quarter |   | $      | 8.03   |   |   | $      | 4.91   |   |   | $ | 7.20 |   |

| Period                                         |   | (a)TotalNumberof Shares(or Units)Purchased |   |   | (b)AveragePricePaid perShare(or Unit) |   | (c)Total Number ofShares (or Units)Purchased as Partof PubliclyAnnounced Plansor Programs | (d)MaximumNumber (orApproximateDollar Value)of Shares (or Units)that May Yet BePurchased Under thePlans or Programs |
|------------------------------------------------|--------|--------------------------------------------|--------|--------|---------------------------------------|--------|-------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|
| February 1, 2011 – February 28, 2011 (1) |   |                                       | 3,269  |   |                                  | $      | 7.65                                                                                      |                                                                                                                | Not applicable | Not applicable |
| March 1, 2011 – March 31, 2011 (1)       |   |                                       | 30,449 |   |                                  | $      | 8.18                                                                                      |                                                                                                                | Not applicable | Not applicable |
| April 1, 2011 – April 30, 2011 (1)       |   |                                       | 22,837 |   |                                  | $      | 9.56                                                                                      |                                                                                                                | Not applicable | Not applicable |
|                                           |   |                                       | 56,555 |   |                                  | $      | 8.71                                                                                      |                                                                                                                | Not applicable | Not applicable |

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|                              |   | Apr-06 |   |   | Apr-07 |   |   | Apr-08 |   |   | Apr-09 |   |   | Apr-10 |   |   | Apr-11 |   |
|-----------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
|                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gerber Scientific, Inc.           |   |   | 100.00 |   |   |   | 96.53  |   |   |   | 89.39  |   |   |   | 38.09  |   |   |   | 69.43 |   |   |   | 92.19 |   |
| S&P Small Cap 600             |   |   | 100.00 |   |   |   | 107.65 |   |   |   | 97.91  |   |   |   | 68.49  |   |   |   | 101.22 |   |   |   | 122.90 |   |
| Dow Jones US Electronic Equipment |   |   | 100.00 |   |   |   | 106.12 |   |   |   | 110.74 |   |   |   | 76.11  |   |   |   | 120.14 |   |   |   | 153.65 |   |

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ITEM 6.  SELECTED FINANCIAL DATA

|                                         | For the Fiscal Years Ended April 30, |   |
|----------------------------------------------|--------------------------------------|--------|
| In thousands, except per share amounts       |                                 | 2011   |   | 2010 |   | 2009 |   | 2008 |   |   | 2007 |   |
| Revenue                                      |                                 | $      | 462,521 |   |   | $ | 412,267 |   |   | $ | 445,385 |   |   | $ | 528,210 |   |   | $ | 465,060 |   |
| (Loss) Income from continuing operations     |                                 | $      | (6,667 | ) |   | $ | (922 | ) |   | $ | 1,443 |   |   | $ | 10,390 |   |   | $ | 9,215 |   |
| Per common share:                            |                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                        |                                 | $      | (0.27 | ) |   | $ | (0.04 | ) |   | $ | 0.06 |   |   | $ | 0.44 |   |   | $ | 0.40 |   |
| Diluted                                      |                                 | $      | (0.27 | ) |   | $ | (0.04 | ) |   | $ | 0.06 |   |   | $ | 0.44 |   |   | $ | 0.39 |   |
| Net (loss) income                            |                                 | $      | (23,616 | ) |   | $ | (1,458 | ) |   | $ | 2,236 |   |   | $ | 14,504 |   |   | $ | 13,508 |   |
| Per common share:                            |                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                        |                                 | $      | (0.94 | ) |   | $ | (0.06 | ) |   | $ | 0.09 |   |   | $ | 0.62 |   |   | $ | 0.59 |   |
| Diluted                                      |                                 | $      | (0.94 | ) |   | $ | (0.06 | ) |   | $ | 0.09 |   |   | $ | 0.61 |   |   | $ | 0.58 |   |
| Total assets                                 |                                 | $      | 332,764 |   |   | $ | 351,877 |   |   | $ | 359,217 |   |   | $ | 378,539 |   |   | $ | 335,962 |   |
| Long-term debt (includes current maturities) |                                 | $      | 21,110 |   |   | $ | 45,000 |   |   | $ | 73,500 |   |   | $ | 42,000 |   |   | $ | 31,836 |   |
| Shareholders' equity                         |                                 | $      | 148,221 |   |   | $ | 158,206 |   |   | $ | 148,302 |   |   | $ | 169,563 |   |   | $ | 144,481 |   |

ITEM 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

| ·   | expected financial condition, future earnings, levels of growth, or other measures of financial performance, or the future size of market segments or geographic markets; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | economic conditions; |
|--------------------|----------------------|

| ·   | planned cost reductions; |
|--------------------|--------------------------|

| ·   | future cash flows and uses of cash and debt reduction strategies; |
|--------------------|-------------------------------------------------------------------|

| ·   | prospective product developments and business growth opportunities, as well as competitor product developments; |
|--------------------|-----------------------------------------------------------------------------------------------------------------|

| ·   | demand for products and services; |
|--------------------|-----------------------------------|

| ·     | methods of and costs associated with potential geographic expansion; |
|--------------------------------|----------------------------------------------------------------------|

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| ·   | regulatory and market developments and the impact of such developments on future operating results; |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | potential impacts from credit market risk; |
|--------------------|--------------------------------------------|

| ·   | future effective income tax rates; |
|--------------------|------------------------------------|

| ·   | the outcome of contingencies; |
|--------------------|-------------------------------|

| ·   | the availability and cost of raw materials; and |
|--------------------|-------------------------------------------------|

| ·   | pension plan assumptions and future contributions. |
|--------------------|----------------------------------------------------|

|                                                                        | For the Fiscal Years Ended April 30, |   |
|-----------------------------------------------------------------------------|------------------------------------------------|--------|
| In thousands                                                                |                                           | 2011   |   |   | 2010 |   |   | 2009 |   |
| Sign Making and Specialty Graphics (Gerber Scientific Products and Spandex) |                                           | $      | 265,985 |   |   | $ | 248,013 |   |   | $ | 272,964 |   |
| Apparel and Industrial (Gerber Technology, Virtek and Gerber Innovations)   |                                           |   | 196,546 |   |   |   | 165,226 |   |   |   | 172,421 |   |
| Intersegment revenue elimination                                            |                                           |   | (10 | ) |   |   | (972 | ) |   |   | --- |   |
| Consolidated revenue                                                   |                                           | $      | 462,521 |   |   | $ | 412,267 |   |   | $ | 445,385 |   |

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|                                                      |   | For the Fiscal Years Ended April 30, |
|-----------------------------------------------------------|--------|------------------------------------------------|
|                                                      |   | 2011                                           |   |   |   | 2010 |   |   |   | 2009 |   |   |
| Gross profit margin                                       |   |                                           | 30.9 |   | % |   |   | 29.2 |   | %  |   |   | 28.7 |   | % |
| Selling, general and administrative ("SG&A") expenses |   |                                           | (25.2 | ) |   |   |   | (24.3 | ) |   |   |   | (24.4 | ) |   |
| Research and development                                  |   |                                           | (3.5 | ) |   |   |   | (3.6 | ) |   |   |   | (3.9 | ) |   |
| Restructuring and other expenses                          |   |                                           | (1.9 | ) |   |   |   | (0.8 | ) |   |   |   | (0.3 | ) |   |
| Goodwill impairment                                       |   |                                           | (1.3 | ) |   |   |   | --- |   |   |   |   | --- |   |   |
| Operating (loss) income                                   |   |                                           | (1.0 | ) | % |   |   | 0.5 |   | %  |   |   | 0.1 |   | % |

----

|                                         | For the Fiscal Years Ended April 30, |   |
|----------------------------------------------|------------------------------------------------|--------|
| In thousands                                 |                                           | 2011   |   |   | 2010 |   |   | 2009 |   |
| Revenue                                      |                                           | $      | 462,521 |   |   | $ | 412,267 |   |   | $ | 445,385 |   |
| Cost of sales                                |                                           |   | 319,758 |   |   |   | 291,966 |   |   |   | 317,704 |   |
| Gross profit                                 |                                           |   | 142,763 |   |   |   | 120,301 |   |   |   | 127,681 |   |
| Selling, general and administrative expenses |                                           |   | 116,680 |   |   |   | 100,146 |   |   |   | 108,867 |   |
| Research and development                     |                                           |   | 16,005 |   |   |   | 14,930 |   |   |   | 17,326 |   |
| Restructuring and other expenses             |                                           |   | 8,607 |   |   |   | 3,227 |   |   |   | 1,020 |   |
| Goodwill impairment                          |                                           |   | 5,928 |   |   |   | --- |   |   |   | --- |   |
| Operating (loss) income                      |                                           | $      | (4,457 | ) |   | $ | 1,998 |   |   | $ | 468 |   |

----

|                           |   | For the Fiscal Years Ended April 30, |    |
|--------------------------------|--------|--------------------------------------|---------|
| In thousands                   |   | 2011                                 |    |   | 2010 |   |   | 2009 |   |
| Equipment and software revenue |   | $                                    | 135,105 |   | 29.2 | % |   | $ | 104,011 |   | 25.2 | % |   | $ | 125,153 |   | 28.1 | % |
| Aftermarket supplies revenue   |   |                                 | 269,047 |   | 58.2 | % |   |   | 249,975 |   | 60.7 | % |   |   | 257,513 |   | 57.8 | % |
| Service revenue                |   |                                 | 58,369  |   | 12.6 | % |   |   | 58,281 |   | 14.1 | % |   |   | 62,719 |   | 14.1 | % |
| Revenue                        |   | $                                    | 462,521 |   | 100.0 | % |   | $ | 412,267 |   | 100.0 | % |   | $ | 445,385 |   | 100.0 | % |

----

|          |   | For the Fiscal Years Ended April 30, |
|---------------|--------|--------------------------------------|
| In thousands  |   | 2011                                 |   |   | 2010 |   |   | 2009 |
| North America |   | $                                    | 124,161 |   | 26.8 | % |   | $ | 109,048 |   | 26.5 | % |   | $ | 140,720 |   | 31.6 | % |
| Europe        |   |                                 | 227,822 |   | 49.3 | % |   |   | 210,743 |   | 51.1 | % |   |   | 233,874 |   | 52.5 | % |
| Rest of World |   |                                 | 110,538 |   | 23.9 | % |   |   | 92,476 |   | 22.4 | % |   |   | 70,791 |   | 15.9 | % |
| Revenue       |   | $                                    | 462,521 |   | 100.0 | % |   | $ | 412,267 |   | 100.0 | % |   | $ | 445,385 |   | 100.0 | % |

|  In thousands                                   |   | April 30,2011 |   |   | April 30,2010 |   |
|------------------------------------------------------|--------|---------------|--------|--------|---------------|--------|
| Backlog                                              |   |          |   |   |          |   |
|    Sign Making and Specialty Graphics |   | $             | 633    |   |          | $      | 767 |   |
|    Apparel and Industrial             |   |          | 27,170 |   |          |   | 25,886 |   |
|                                                 |   | $             | 27,803 |   |          | $      | 26,653 |   |

|                | For the Fiscal Years Ended April 30, |
|---------------------|------------------------------------------------|
| In thousands        | 2011                                           |   |   | 2010 |   | 2009 |   |
| Gross profit        | $                                              | 142,763 |   |   | $ | 120,301 |   | $ | 127,681 |   |
| Gross profit margin |                                           | 30.9 | % |   |   | 29.2 | % |   | 28.7 | % |

----

|                                         |   | For the Fiscal Years Ended April 30, |    |
|----------------------------------------------|--------|--------------------------------------|---------|
| In thousands                                 |   | 2011                                 |    |   | 2010 |   | Change |   | 2010 |   | 2009 | Change |   |
| Selling, general and administrative expenses |   | $                                    | 116,680 |   |   | $ | 100,146 |   | 16.5 | % |   | $ | 100,146 |   | $ | 108,867 | (8.0 | % | ) |

----

|                                 |   | For the Fiscal Years Ended April 30, |   |
|--------------------------------------|--------|--------------------------------------|--------|
| In thousands                         |   | 2011                                 |   |   | 2010 |   | Change |   | 2010 |   | 2009 | Change |   |
| Research and development ("R&D") |   | $                                    | 16,005 |   |   | $ | 14,930 |   | 7.2 | % |   | $ | 14,930 |   | $ | 17,326 | (13.8 | % | ) |

|                                                                                         | For the Fiscal Years Ended April 30, |   |
|----------------------------------------------------------------------------------------------|------------------------------------------------|--------|
| In thousands                                                                                 |                                           | 2011   |   |   | 2010 |   |   | 2009 |   |
| Sign Making and Specialty Graphics                                                           |                                           |   |   |   |   |   |   |   |   |   |   |   |
|   Severance                                                                        |                                           | $      | 1,540 |   |   | $ | 231 |   |   | $ | 690 |   |
|   Reversal of leased facility restructuring reserve upon plans to utilize facility |                                           |   | --- |   |   |   | --- |   |   |   | (852 | ) |
|    Total                                                                      |                                           |   | 1,540 |   |   |   | 231 |   |   |   | (162 | ) |
|                                                                                         |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Apparel and Industrial                                                                       |                                           |   |   |   |   |   |   |   |   |   |   |   |
|   Severance                                                                        |                                           |   | 3,422 |   |   |   | 639 |   |   |   | 1,026 |   |
|   Factory-related consulting and move costs                                        |                                           |   | 537 |   |   |   | --- |   |   |   | --- |   |
|    Total                                                                      |                                           |   | 3,959 |   |   |   | 639 |   |   |   | 1,026 |   |
|                                                                                         |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Corporate Unallocated Company-wide Expenses                                                  |                                           |   |   |   |   |   |   |   |   |   |   |   |
|   Severance                                                                        |                                           |   | --- |   |   |   | 855 |   |   |   | 41 |   |
|   Strategic expenses                                                               |                                           |   | 1,067 |   |   |   | 572 |   |   |   | --- |   |
|   Non-cash asset impairment charges                                                |                                           |   | 2,041 |   |   |   | 371 |   |   |   | 115 |   |
|   Acquisition fees                                                                 |                                           |   | --- |   |   |   | 559 |   |   |   | --- |   |
|    Total                                                                      |                                           |   | 3,108 |   |   |   | 2,357 |   |   |   | 156 |   |
| Consolidated Restructuring and other expenses                                                |                                           | $      | 8,607 |   |   | $ | 3,227 |   |   | $ | 1,020 |   |

----

|               | For the Fiscal Years Ended April 30, |   |
|--------------------|--------------------------------------|--------|
| In thousands       |                                 | 2011   |   |   | 2010 |   |   | 2009 |   |
| Other expense, net |                                 | $      | (155 | ) |   | $ | (719 | ) |   | $ | (2,596 | ) |

----

|                                            | For the Fiscal Years Ended April 30, |   |
|-------------------------------------------------|--------------------------------------|--------|
| In thousands                                    |                                 | 2011   |   |   | 2010 |   |   | 2009 |   |
| Interest expense                                |                                 | $      | 1,798 |   |   | $ | 2,857 |   |   | $ | 2,097 |   |
| Weighted-average credit facility interest rates |                                 |   | 6.1 | % |   |   | 7.2 | % |   |   | 5.7 | % |

----

|               | For the Fiscal Years Ended April 30, |   |   |
|--------------------|--------------------------------------|--------|--------|
|               |                                 | 2011   |   |   | 2010 |   | 2009 |   |
| Effective tax rate |                                 |   | (4.0   | %) |   |   | 41.6 | % | 134.2 | % |

----

----

|                    |   | For the Fiscal Years Ended April 30, |
|-------------------------|--------|--------------------------------------|
|                    |   | 2011                                 |   |   | 2010 |   |   | 2009 |
| In thousands            |   | GSP                                  |   |   | Spandex |   |   | Total |   |   | GSP |   |   | Spandex |   |   | Total |   |   | GSP |   |   | Spandex |   |   | Total |   |
| Revenue                 |   | $                                    | 37,922 |   |   | $ | 228,063 |   |   | $ | 265,985 |   |   | $ | 36,032 |   |   | $ | 211,981 |   |   | $ | 248,013 |   |   | $ | 48,004 |   |   | $ | 224,960 |   |   | $ | 272,964 |   |
| Operating (loss) income |   | $                                    | (13,520 | ) |   | $ | 18,998 |   |   | $ | 5,478 |   |   | $ | (5,486 | )  |   | $ | 12,461 |   |   | $ | 6,975 |   |   | $ | (1,060 | ) |   | $ | 10,459 |   |   | $ | 9,399 |   |

----

|                     | For the Fiscal Years Ended April 30, |   |
|--------------------------|--------------------------------------|--------|
| In thousands             |                                 | 2011   |   |   | 2010 |   |   | 2009 |   |
| Segment revenue          |                                 | $      | 196,546 |   |   | $ | 165,226 |   |   | $ | 172,421 |   |
| Segment operating income |                                 | $      | 17,936 |   |   | $ | 18,289 |   |   | $ | 15,334 |   |

----

|                 | For the Fiscal Years Ended April 30, |   |
|----------------------|--------------------------------------|--------|
| In thousands         |                                 | 2011   |   |   | 2010 |   |   | 2009 |   |
| Unallocated expenses |                                 | $      | 2,577 |   |   | $ | 3,142 |   |   | $ | 2,884 |   |

|                              | For the Fiscal Years Ended April 30, |   |
|-----------------------------------|--------------------------------------|--------|
| In thousands                      |                                 | 2011   |   |   | 2010 |   |   | 2009 |   |
| Corporate operating expenses      |                                 | $      | 8,873 |   |   | $ | 9,315 |   |   | $ | 10,901 |   |
| Unallocated company-wide expenses |                                 |   | 16,421 |   |   |   | 10,809 |   |   |   | 10,480 |   |
| Operating expenses                |                                 | $      | 25,294 |   |   | $ | 20,124 |   |   | $ | 21,381 |   |

----

|                                                      |   | April 30, |    |
|-----------------------------------------------------------|--------|-----------|---------|
| In thousands except ratio amounts                         |   | 2011      |    |   | 2010 |   |
| Cash and cash equivalents                                 |   | $         | 10,916  |   |   | $ | 11,305 |   |
| Working capital                                           |   | $         | 68,041  |   |   | $ | 76,549 |   |
| Total debt                                                |   | $         | 21,110  |   |   | $ | 45,000 |   |
| Net debt (total debt less cash and cash equivalents) |   | $         | 10,194  |   |   | $ | 33,695 |   |
| Shareholders' equity                                      |   | $         | 148,221 |   |   | $ | 158,206 |   |
| Total capital (net debt plus shareholders' equity)        |   | $         | 158,415 |   |   | $ | 191,901 |   |
| Current ratio                                             |   | 1.69:1    |    |   | 1.85:1 |   |
| Net debt-to-total capital ratio                           |   |      | 6.4     | % |   |   | 17.6 | % |

----

|                                                 | For the Fiscal Years Ended April 30, |
|------------------------------------------------------|--------------------------------------|
| In thousands                                         |                                 |   | 2011 |   |   |   | 2010 |   |   |   | 2009 |   |
| Net cash provided by operating activities            |                                 | $ | 14,696 |   |   | $ | 25,096 |   |   | $ | 9,774 |   |
| Net cash provided by (used for) investing activities |                                 | $ | 13,648 |   |   | $ | 4,535 |   |   | $ | (40,418 | ) |
| Net cash (used for) provided by financing activities |                                 | $ | (26,876 | ) |   | $ | (28,972 | ) |   | $ | 30,139 |   |

----

----

| Total Funded Debt to Consolidated EBITDA Ratio |   | ABR Margin(basis points) |   |   | LIBOR andEURIBOR Margin(basis points) |   |   | Commitment Fee (basis points) |   |
|------------------------------------------------|--------|--------------------------|--------|--------|---------------------------------------|--------|--------|-------------------------------|--------|
| 2.50x and greater                              |   |                     | 200.0  |   |                                  |   | 300.0  |                          |   |   | 50.0 |   |
| 1.75x to less than 2.50x                       |   |                     | 162.5  |   |                                  |   | 262.5  |                          |   |   | 37.5 |   |
| 1.00x to less than 1.75x                       |   |                     | 125.0  |   |                                  |   | 225.0  |                          |   |   | 25.0 |   |
| Less than 1.00x                                |   |                     | 87.5   |   |                                  |   | 187.5  |                          |   |   | 25.0 |   |

| Description                                        | Covenant       | Actual as of April 30, 2011 |
|----------------------------------------------------|----------------|-----------------------------|
| Total Funded Debt to Consolidated EBITDA           | Maximum 3.25:1 | 1.27:1                      |
| Consolidated EBIT to Consolidated Interest Expense | Minimum 3.00:1 | 16.10:1                     |

----

|                                        |   | Payments Due by Period |    |
|---------------------------------------------|--------|------------------------|---------|
| In thousands                                |   | Total                  |    | Less Than 1 Year |   | 1-3 Years |   | 3-5 Years |   | More than 5 Years |   |
| Long-term debt obligations                  |   | $                      | 21,110  | * |   | $ | --- |   |   | $ | --- |   |   | $ | 21,110 | * |   | $ | --- |   |
| Lease obligations                           |   |                   | 50,302  |   |   |   | 11,634 |   |   |   | 18,066 |   |   |   | 11,077 |   |   |   | 9,525 |   |
| Inventory and other purchase obligations    |   |                   | 23,424  |   |   |   | 22,808 |   |   |   | 616 |   |   |   | --- |   |   |   | --- |   |
| Qualified and non-qualified pension funding |   |                   | 10,316  |   |   |   | 4,860 |   |   |   | 1,252 |   |   |   | 1,299 |   |   |   | 2,905 |   |
| Total                                       |   | $                      | 105,152 |   |   | $ | 39,302 |   |   | $ | 19,934 |   |   | $ | 33,486 |   |   | $ | 12,430 |   |

----

----

----

ITEM 7A.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

----

ITEM 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

ITEM 9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

ITEM 9A.  CONTROLS AND PROCEDURES

ITEM 9B.  OTHER INFORMATION

----

PART III

ITEM 10.  DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

| ·   | Leadership and management experience — former senior executive experience at public companies |
|--------------------|----------------------------------------------------------------------------------------------------------|

| ·   | International experience — former executive positions with global profit and loss responsibility at multinational companies |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Technology experience — former vice president, research and development for major multinational automation company |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience — executive, board and audit committee experience at public companies |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------|

| ·   | Leadership and management experience — Gerber CEO since 2001; member of public company boards |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | International experience — senior executive positions at large public multinational company |
|--------------------|---------------------------------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience — Gerber CEO since 2001; member of public company boards |
|--------------------|-----------------------------------------------------------------------------------------------------------|

| ·   | Strategic planning, risk management, compliance and corporate governance experience — Gerber CEO since 2001; former director of business development for large multinational company; member of public company governance committee |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Leadership and management experience — former division president of large public company; president of large public company |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------|

| ·   | International experience — founded and currently manages international R&D offices; former division president of public company serving in its European and Asian regional headquarters |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Technology experience — currently CTO of large multinational public company |
|--------------------|-----------------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience — former senior finance positions in public companies |
|--------------------|--------------------------------------------------------------------------------------------------------|

| ·   | Strategic planning, risk management, compliance and corporate governance experience — CTO of large public company |
|--------------------|-------------------------------------------------------------------------------------------------------------------------|

| ·   | Leadership and management experience — former senior executive positions at large public companies |
|--------------------|----------------------------------------------------------------------------------------------------------|

| ·   | International experience — former division president of large multinational public company |
|--------------------|--------------------------------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience — audit committee member of public companies |
|--------------------|-----------------------------------------------------------------------------------------------|

| ·   | Strategic planning, risk management, compliance and corporate governance experience — audit committee member of public company; former division president of large multinational public company |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Leadership and management experience — senior executive positions with investment and investment banking firms; member of public company boards |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | International experience — director of international supplier of plastic compounds and resins |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | Technology experience — former director of provider of global domain name registration and complementary website design and management services; provider of investment banking services to technology companies |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience — senior executive positions with investment and investment banking firms; member of public company boards |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Strategic planning, risk management, compliance and corporate governance experience — member of public company boards |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Leadership and management experience — former partner of international management consulting firm; former senior executive experience at public companies |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | International experience — former partner of international consulting firm, including foreign assignments |
|--------------------|-----------------------------------------------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience — M&A experience with international consulting firm and other public companies |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Strategic planning, risk management, compliance and corporate governance experience — former senior executive experience in strategic planning positions |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Leadership and management experience — former senior executive positions at large multinational companies; member of public company boards |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | International experience — former senior executive positions with multinational public companies; member of foreign public company boards |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience — former chair of audit committee of public company |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | Strategic planning, risk management, compliance and corporate governance experience — former senior executive strategic planning positions; chair of and member of public company governance committees |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Leadership and management experience — chairman, president and CEO of private multinational apparel business |
|--------------------|--------------------------------------------------------------------------------------------------------------------|

| ·   | International experience — member of foreign private company boards |
|--------------------|---------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience — member or former member of public company audit committees |
|--------------------|---------------------------------------------------------------------------------------------------------------|

| ·   | Strategic planning, risk management, compliance and corporate governance experience — member of public company governance committee |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Leadership and management experience.  We seek Directors with significant leadership and management experience, including, specifically, prior experience in senior executive roles, since these individuals generally possess extraordinary leadership qualities and the ability to identify and develop those qualities in others. They demonstrate a practical understanding of organizations, processes, strategy, risk management and the methods to promote change and growth. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | International experience.  Because significant company revenues and profits are derived from activities conducted in foreign countries, we seek Directors who currently manage or have previously managed or been involved in international business operations, especially in Asia. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Technology experience.  We seek Directors with technology backgrounds, because our company’s ability to compete effectively in the highly dynamic markets that it serves requires that it constantly develop and offer innovative new products. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Finance and financial reporting experience.  We seek Directors with experience and expertise in understanding capital markets and the complexities associated with overseeing a multinational business operating in two discrete market segments. In addition, we require that all Directors be financially literate and, specifically, that at least one Director at all times qualify as an audit committee financial expert. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Strategic planning, risk management, compliance and corporate governance experience.  We seek Directors who have strategic planning and risk management experience, either directly or in consulting roles, as well as compliance oversight and a commitment to best governance practices. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

ITEM 11.  EXECUTIVE COMPENSATION

|   | • | establishing a total compensation philosophy and policies that fairly reward Gerber’s executive officers for performance benefiting shareholders and that effectively attract and retain the executive resources necessary to manage Gerber; |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | assessing the competitiveness of each element of compensation paid to Gerber’s executive officers; |
|--------|---------|----------------------------------------------------------------------------------------------------------|

|   | • | reviewing and approving the goals and objectives relevant to compensation of the CEO, evaluating the performance of the CEO based on those goals and objectives, and approving the CEO’s compensation based on this evaluation; |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | reviewing the CEO’s evaluation of the performance of Gerber’s other executive officers based on the objectives established and approved by the Committee, and reviewing and approving the compensation of the other executive officers, taking into consideration, among other things, the recommendations of the CEO; |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | administering Gerber’s equity compensation plans, including approving equity incentive guidelines and the award of specific grants to Gerber’s executive officers and other employees; and |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | reviewing succession plans relating to Gerber’s executive officers, including candidate readiness, management development initiatives and the need for external talent acquisition. |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|     Name (1)                                                                                                            |   | Fees Earned or Paid in Cash ($) |    |   |    Stock Awards ($)(2) |   |   |    Option Awards ($)(3) |   |   |     Total ($) |   |
|---------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------|---------|--------|----------------------------------|--------|--------|-----------------------------------|--------|--------|------------------------------|--------|
| Donald P. Aiken                                                                                                                             |   |                            | 224,500 |   |                             |   | 35,938 |                              |   |   | —                      |   |   |   | 260,438 |   |
| Chairman                                                                                                                                    |   |                            |    |   |                             |   |   |                              |   |   |                         |   |   |   |   |   |
| W. Jerry Vereen                                                                                                                             |   |                            | 100,000 |   |                             |   | 35,938 |                              |   |   | —                      |   |   |   | 135,938 |   |
| Member of Audit and Finance Committee, Nominating and Corporate Governance Committee, and Management Development and Compensation Committee |   |                            |    |   |                             |   |   |                              |   |   |                         |   |   |   |   |   |
| Carole F. St. Mark                                                                                                                          |   |                            | 107,500 |   |                             |   | 35,938 |                              |   |   | —                      |   |   |   | 143,438 |   |
| Chair of Nominating and Corporate Governance Committee and Member of Management Development and Compensation Committee                      |   |                            |    |   |                             |   |   |                              |   |   |                         |   |   |   |   |   |
| John R. Lord                                                                                                                                |   |                            | 95,500  |   |                             |   | 35,938 |                              |   |   | —                      |   |   |   | 131,438 |   |
| Chair of Management Development and Compensation Committee and Member of Audit and Finance Committee                                        |   |                            |    |   |                             |   |   |                              |   |   |                         |   |   |   |   |   |
| Randall D. Ledford                                                                                                                          |   |                            | 91,000  |   |                             |   | 35,938 |                              |   |   | —                      |   |   |   | 126,938 |   |
| Member of Nominating and Corporate Governance Committee and Audit and Finance Committee                                                     |   |                            |    |   |                             |   |   |                              |   |   |                         |   |   |   |   |   |
| Javier Perez                                                                                                                                |   |                            | 85,167  |   |                             |   | 35,938 |                              |   |   | —                      |   |   |   | 121,105 |   |
| Chair of Audit and Finance Committee                                                                                                        |   |                            |    |   |                             |   |   |                              |   |   |                         |   |   |   |   |   |
| James A. Mitarotonda                                                                                                                        |   |                            | 64,833  |   |                             |   | 31,481 |                              |   |   | —                      |   |   |   | 96,314 |   |
| Member of Management Development and Compensation Committee and Audit and Finance Committee                                                 |   |                            |    |   |                             |   |   |                              |   |   |                         |   |   |   |   |   |

| (1) | Mr. Giles is the only Director who is an employee of Gerber. Mr. Giles does not receive any compensation for his service on the Board.                                                                                                                                                                                                                                                                                                         |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Amounts represent the aggregate grant date fair value of equity awards for each non-employee Director in fiscal 2011 as computed in accordance with Financial Accounting Standards Board Accounting Standards Codification 718.  For the assumptions relating to this valuation, see Note 11 to Gerber’s 2011 audited consolidated financial statements included in Item 15, “Exhibits, Financial Statement Schedules.” |
| (3) | As described in the narrative preceding the table, all grants of common stock to the non-employee Directors are fully vested upon grant. Under the 1992 Non-Employee Director Stock Option Plan, which expired in August 2002, the following Directors continue to hold unexercised stock options, all of which were fully vested as of April 30, 2011:                                                                                             |

| Director           |   | Options (#) |   |
|--------------------|--------|------------------|--------|
| Donald P. Aiken    |   |             | 3,000  |   |
| W. Jerry Vereen    |   |             | 3,000  |   |
| Carole F. St. Mark |   |             | 3,000  |   |

----

|   | • | match incentive-based pay to Gerber’s annual goals and business strategies; |
|--------|---------|-----------------------------------------------------------------------------------|

|   | • | support our management development program by paying our executives competitively and fairly; and |
|--------|---------|--------------------------------------------------------------------------------------------------------|

|   | • | align executive and shareholder interests through equity compensation. |
|--------|---------|------------------------------------------------------------------------|

|   | • | each executive’s performance; |
|--------|---------|-------------------------------------|

|   | • | each executive’s current total compensation level relative to that paid by peer companies; |
|--------|---------|--------------------------------------------------------------------------------------------------|

|   | • | Gerber’s ability to afford the total compensation package; |
|--------|---------|------------------------------------------------------------------|

|   | • | the desire to link pay and performance; and |
|--------|---------|--------------------------------------------------|

|   | • | the relative pay among our executives. |
|--------|---------|----------------------------------------|

----

| 3D Systems Corporation             | ESCO Technologies, Inc.     | Newport Corporation               |
|------------------------------------|-----------------------------|-----------------------------------|
| Applied Materials, Inc.       | Esterline Technologies Co.  | Parametric Technology Corporation |
| Brooks Automation, Inc.       | Excel Technology, Inc.      | Rofin-Sinar Technologies, Inc.    |
| Cadence Design Systems, Inc.  | GSI Group, Inc.             | Roper Industries, Inc.            |
| Coherent, Inc.                | KLA-Tencor Corporation      | Stratasys, Inc.                   |
| Cymer, Inc.                   | Mentor Graphics Corporation | Tektronix, Inc.                   |
| Electroglas, Inc.             | MKS Instruments, Inc.       | Veeco Instruments, Inc.           |

|   | • | base salaries were marginally below the 50th percentile; |
|--------|---------|----------------------------------------------------------|

|   | • | short-term incentive compensation was significantly below the 50th percentile; |
|--------|---------|--------------------------------------------------------------------------------|

|   | • | long-term incentives were significantly below the 50th percentile; and |
|--------|---------|-----------------------------------------------------------------------------|

|   | • | equity compensation practices had shifted toward a more even balance of restricted stock and stock option grants. |
|--------|---------|-------------------------------------------------------------------------------------------------------------------|

----

| Cadence Design Systems Inc       | Franklins Electric Co., Inc. | MKS Instruments                   |
|----------------------------------|------------------------------|-----------------------------------|
| CIRCOR International, Inc.  | Ladish Co, Inc.              | MTS Systems Corp.                 |
| Coherent Inc.               | Lawson Products              | Newport Corp.                     |
| Dionex Corp.                | Lindsay Corp.                | Parametric Technology Corporation |
| Ducommun Inc.               | LSB Industries, Inc.         | Rofin-Sinar Technologies, Inc.    |
| EMS Technologies, Inc.      | Mentor Graphics Corp         | Twin Disc Inc.                    |
| ESCO Technologies, Inc.     | Middleby Corp.               | Veeco Instruments Inc.            |

|   | • | base salaries were marginally below the 50th percentile, primarily as a result of the base salary reductions taken by the senior executive team effective in fiscal 2009; |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | total target cash compensation was marginally below the 50% percentile, primarily as a result of the base salary reductions taken by the senior executive team effective in fiscal 2009 in response to adverse economic conditions affecting the company; and |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | long-term incentives were marginally above the 50th percentile. |
|--------|---------|-----------------------------------------------------------------|

|   | • | individual performance, which the Committee measures in consultation with Mr. Giles (except when assessing Mr. Giles’s own performance); |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | scope of management responsibilities; |
|--------|---------|---------------------------------------|

|   | • | relative pay among executive officers, taking into account the complexity and importance of their responsibilities; |
|--------|---------|---------------------------------------------------------------------------------------------------------------------|

|   | • | the executive’s ability to demonstrate and build teamwork; |
|--------|---------|------------------------------------------------------------------|

|   | • | the executive’s effort to build Gerber for the long-term, as well as achieve short-term results; |
|--------|---------|--------------------------------------------------------------------------------------------------------|

|   | • | the executive’s leadership and growth potential; and |
|--------|---------|-----------------------------------------------------------------|

|   | • | the affordability of the compensation package to Gerber. |
|--------|---------|----------------------------------------------------------|

----

|   | • | base salary; |
|--------|---------|--------------|

|   | • | a performance-based annual cash incentive tied to company performance metrics; |
|--------|---------|--------------------------------------------------------------------------------|

|   | • | grants of long-term equity compensation, in the form of non-qualified stock options that vest over a three-year period with the exception of a grant to Mr. Hancock, which was in the form of restricted stock; |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | a defined benefit retirement pension plan and a 401(k) plan available to all of our employees, including the named executive officers, on an equal basis, as well as a supplemental employment retirement plan, or “SERP,” for our more highly paid employees (including the named executive officers); and |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | competitive severance and change in control agreements for the named executive officers and some other senior executives. |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------|

----

|   | • | Mr. Giles, 75% (with a minimum of 0% and a maximum of 150%) of base salary; |
|--------|---------|----------------------------------------------------------------------------------|

|   | • | Mr. Elia, 60% (with a minimum of 0% and a maximum of 120%) of base salary; |
|--------|---------|---------------------------------------------------------------------------------|

|   | • | Mr. Larson, 50% (with a minimum of 0% and a maximum of 100%) of base salary; |
|--------|---------|-----------------------------------------------------------------------------------|

|   | • | Mr. Finn, 50% (with a minimum of 0% and a maximum of 100%) of base salary; and |
|--------|---------|-------------------------------------------------------------------------------------|

|   | • | Mr. Hancock, 50% (with a minimum of 0% and a maximum of 100%) of base salary. |
|--------|---------|------------------------------------------------------------------------------------|

| Name        |   | Target % |   |   | Bonus % |   |   | % Earned |   |   | Base $ |   |   | $ Earned |    |
|-------------|--------|----------|--------|--------|---------|--------|--------|----------|--------|--------|--------|--------|--------|----------|---------|
| Mr. Giles   |   |     | 75     |   |    |   | 86.0   |     |   |   | 64.50  |   |   |     | 600,000 |   |   |   | 387,000 |   |
| Mr. Elia    |   |     | 60     |   |    |   | 86.0   |     |   |   | 51.60  |   |   |     | 350,000 |   |   |   | 180,600 |   |
| Mr. Larson  |   |     | 50     |   |    |   | 98.6   |     |   |   | 49.30  |   |   |     | 255,000 |   |   |   | 125,715 |   |
| Mr. Finn    |   |     | 50     |   |    |   | 86.0   |     |   |   | 43.00  |   |   |     | 340,000 |   |   |   | 146,200 |   |
| Mr. Hancock |   |     | 50     |   |    |   | 75.9   |     |   |   | 37.95  |   |   |     | 285,000 |   |   |   | 108,158 |   |

----

----

----

|         Name and Principal Position |        Fiscal Year |   |       Salary ($)(1) |    |   |         Bonus ($) |   |    |        StockAwards ($)(2) |   |   |        OptionAwards ($)(3) |   |   |       Non-EquityIncentive PlanCompensation($)(4) |    |   | Change inPensionValue andNonqualifiedDeferredCompensationEarnings($)(5) |   |    |        All OtherCompensation ($) |   |   |         Total ($) |   |
|-----------------------------------------------------------------------------|-------------------------------------------------------|--------|---------------------------------------------------|---------|--------|------------------------------------------------------|--------|---------|---------------------------------------------------------|--------|--------|----------------------------------------------------------|--------|--------|---------------------------------------------------------------------------|---------|--------|-------------------------------------------------------------------------|--------|---------|----------------------------------------------------------------|--------|--------|------------------------------------------------------|--------|
| Marc T. Giles                                                               | 2009                                                  |   |                                              | 544,038 |   |                                                 |   | — |                                                    |   |   | 269,700                                                  |   |   |                                                                      | 572,700 |   |                                                                    |   | — |                                                           |   |   | 37,600                                               |   |   |   | — |   |   |   | 1,424,038 |   |
| President and Chief                                                         | 2010                                                  |   |                                              | 490,385 |   |                                                 |   | — |                                                    |   |   | 900,003                                                  |   |   |                                                                      | — |   |                                                                    |   | — |                                                           |   |   | 125,000                                              |   |   |   | — |   |   |   | 1,515,388 |   |
| Executive Officer                                                           | 2011                                                  |   |                                              | 516,923 |   |                                                 |   | — |                                                    |   |   | —                                                  |   |   |                                                                      | 578,125 |   |                                                                    |   | 387,000 |                                                           |   |   | 81,800                                               |   |   |   | 1,662 | (6) |   |   | 1,565,510 |   |
|                                                                        |                                                  |   |                                              |    |   |                                                 |   |    |                                                    |   |   |                                                     |   |   |                                                                      |    |   |                                                                    |   |    |                                                           |   |   |                                                 |   |   |   |   |   |   |   |   |   |
| Michael R. Elia                                                             | 2009                                                  |   |                                              | 330,481 |   |                                                 |   | — |                                                    |   |   | 134,850                                                  |   |   |                                                                      | 186,750 |   |                                                                    |   | — |                                                           |   |   | —                                              |   |   |   | 113,072 | (7) |   |   | 765,153 |   |
| Executive Vice President                                                    | 2010                                                  |   |                                              | 302,885 |   |                                                 |   | — |                                                    |   |   | 362,838                                                  |   |   |                                                                      | — |   |                                                                    |   | — |                                                           |   |   | —                                              |   |   |   | 105,623 | (7) |   |   | 771,346 |   |
| and Chief Financial Officer                                                 | 2011                                                  |   |                                              | 317,692 |   |                                                 |   | — |                                                    |   |   | —                                                  |   |   |                                                                      | 433,596 |   |                                                                    |   | 180,600 |                                                           |   |   | —                                              |   |   |   | 97,798 | (7) |   |   | 1,029,686 |   |
|                                                                        |                                                  |   |                                              |    |   |                                                 |   |    |                                                    |   |   |                                                     |   |   |                                                                      |    |   |                                                                    |   |    |                                                           |   |   |                                                 |   |   |   |   |   |   |   |   |   |
| Rodney Larson                                                               | 2009                                                  |   |                                              | 235,010 |   |                                                 |   | — |                                                    |   |   | 84,506                                                   |   |   |                                                                      | 117,030 |   |                                                                    |   | — |                                                           |   |   | —                                              |   |   |   | 297,005 | (8) |   |   | 733,551 |   |
| Senior Vice President,                                                      | 2010                                                  |   |                                              | 220,673 |   |                                                 |   | — |                                                    |   |   | 260,336                                                  |   |   |                                                                      | — |   |                                                                    |   | — |                                                           |   |   | —                                              |   |   |   | 242,880 | (8) |   |   | 723,889 |   |
| Gerber Scientific, Inc. and President, Spandex                              | 2011                                                  |   |                                              | 231,461 |   |                                                 |   | — |                                                    |   |   | —                                                  |   |   |                                                                      | 313,153 |   |                                                                    |   | 125,715 |                                                           |   |   | —                                              |   |   |   | 297,965 | (8) |   |   | 968,294 |   |
|                                                                        |                                                  |   |                                              |    |   |                                                 |   |    |                                                    |   |   |                                                     |   |   |                                                                      |    |   |                                                                    |   |    |                                                           |   |   |                                                 |   |   |   |   |   |   |   |   |   |
| Thomas P. Finn                                                              | 2009                                                  |   |                                              | — |   |                                                 |   | — |                                                    |   |   | —                                                  |   |   |                                                                      | — |   |                                                                    |   | — |                                                           |   |   | —                                              |   |   |   | — |   |   |   | — |   |
| President Asia Pacific and                                                  | 2010                                                  |   |                                              | 58,846  |   |                                                 |   | 100,000 | (9)                                                     |   |   | 171,600                                                  |   |   |                                                                      | 356,000 |   |                                                                    |   | — |                                                           |   |   | —                                              |   |   |   | 15,081 | (10) |   |   | 701,527 |   |
|  Senior Vice President, Global Operations                              | 2011                                                  |   |                                              | 340,000 |   |                                                 |   | — |                                                    |   |   | —                                                  |   |   |                                                                      | 278,355 |   |                                                                    |   | 146,200 |                                                           |   |   | —                                              |   |   |   | 85,463 | (10) |   |   | 850,018 |   |
|                                                                        |                                                  |   |                                              |    |   |                                                 |   |    |                                                    |   |   |                                                     |   |   |                                                                      |    |   |                                                                    |   |    |                                                           |   |   |                                                 |   |   |   |   |   |   |   |   |   |
| John Hancock                                                                | 2009                                                  |   |                                              | 258,850 |   |                                                 |   | — |                                                    |   |   | 331,731                                                  |   |   |                                                                      | — |   |                                                                    |   | — |                                                           |   |   | 41,100                                               |   |   |   | 781 | (11) |   |   | 632,462 |   |
| Senior Vice President,                                                      | 2010                                                  |   |                                              | 246,635 |   |                                                 |   | — |                                                    |   |   | 238,122                                                  |   |   |                                                                      | — |   |                                                                    |   | — |                                                           |   |   | 88,900                                               |   |   |   | — |   |   |   | 573,657 |   |
| Gerber Scientific, Inc. and President, Gerber Technology                    | 2011                                                  |   |                                              | 258,692 |   |                                                 |   | — |                                                    |   |   | 231,412                                                  |   |   |                                                                      | — |   |                                                                    |   | 108,158 |                                                           |   |   | 45,000                                               |   |   |   | 789 | (11) |   |   | 644,051 |   |

| (1) | Salary includes compensation used for medical insurance premiums and employee contributions to Gerber’s 401(k) savings and medical plans, which is not taxable income.                                                                                                                                                                                                                                                                                      |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Dollar amounts represent the fair value of the stock award at the grant date during fiscal 2011, fiscal 2010 and fiscal 2009, respectively, as required by accounting principles generally accepted in the United States, disregarding any estimate of forfeitures relating to service-based vesting conditions. See Note 11 to Gerber’s 2011 audited financial statements included in Item 15, “Exhibits, Financial Statement Schedules.” |
| (3) | Dollar amounts represent the fair value of option awards at the grant date during fiscal 2011, fiscal 2010 and fiscal 2009, respectively, as required by accounting principles generally accepted in the United States, disregarding any estimate of forfeitures related to service-based vesting conditions.  The weighted-average assumptions used in valuing the amounts set forth above are as follows:                                             |

----

|                    |   | For the Fiscal Years Ended April 30, |   |
|-------------------------|--------|-------------------------------------------|--------|
|                    |   | 2011                                      |   |   | 2010 |   |   | 2009 |   |
| Expected option term    |   | 6.0 years                                 |   |   | 5.7 years |   |   | 5.5 years |   |
| Expected volatility     |   |                                      | 70     | % |   |   | 70 | % |   |   | 46 | % |
| Risk-free interest rate |   |                                      | 1.4    | % |   |   | 2.3 | % |   |   | 3.0 | % |

|   | (4                     | )                     | Amounts represent the potential amounts to be earned under the fiscal 2011 annual incentive compensation plan. For a discussion of the performance metrics applicable to these awards, see “2011 Annual Incentive Compensation Plan” under “Compensation Discussion and Analysis – Elements of Our Executive Compensation Program” above and for the actual amounts earned by each named executive officer, see the chart in the same section.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
|--------|----------------------------------|---------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|   | (5                               | )                               | Amounts represent solely the change in pension value and include both Gerber’s qualified pension plan and its nonqualified supplemental employee retirement plan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |
|   | (6                               | )                               | “All Other Compensation” for Mr. Giles for fiscal 2011 represents Gerber’s matching contribution to the company’s 401(k) plan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|   | (7                | )                | “All Other Compensation” for Mr. Elia represents the following: for fiscal 2009, Gerber’s matching contribution to the company’s 401(k) plan in the amount of $3,806, reimbursement of actual expenses for airfare of $16,575, forhousing of $33,550, and for car rental of $10,310, and a related tax gross-up of $48,831; for fiscal 2010, reimbursement of actual expenses for airfare of $15,799, for housing of $33,700, and for car rental of $8,921, and a related tax gross-up of $47,203; and for fiscal 2011, Gerber’s matching contribution to the company’s 401(k) plan in the amount of $969, reimbursement of actual expenses for airfare of $14,890, for housing of $26,856, and for car rental of $11,810, and a related tax gross-up of $43,273. The reimbursements for airfare, car rental and housing and the related tax gross-ups were provided in lieu of relocating Mr. Elia from his current residence.                                                                                                                                                                                                                                                                                                                                                  |   |
|   | (8      | )      | “All Other Compensation” for Mr. Larson represents the following: for fiscal 2009, the company’s matching contribution to the company’s 401(k) plan of $1,009, an expatriate living allowance of $52,218, family tuition fees for the school year of $124,999, a car lease in the amount of $15,842, foreign tax payments on his behalf calculated and paid during fiscal 2009 for current assignment in Belgium of $96,498, tax equalization of $3,939 and tax preparation service payments of $2,500; for fiscal 2010, an expatriate living allowance of $88,279, family tuition fees for the school year of $95,375, a car allowance in the amount of $10,449, home leave of $8,977, tax payments on his behalf calculated and paid during fiscal 2010 for current assignment in Belgium of $37,800, and tax preparation service payments of $2,000; and for fiscal 2011, the company’s matching contribution to the company’s 401(k) plan of $706,  expatriate allowance of $91,879, family tuition fees for the school year of $74,517, a car allowance in the amount of $14,579, home leave of $5,917, tax payments on his behalf calculated and paid during fiscal 2011 for current assignment of $77,867, tax preparation fees of $2,500, and moving expense of $30,000. |   |
|   | (9                               | )                               | Amount represents a signing bonus paid to Mr. Finn upon commencement of employment on February 15, 2010.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
|   | (10               | )                | “All Other Compensation” for Mr. Finn represents the following: for fiscal 2010, reimbursement of actual expenses for airfare of $1,012, for housing of $7,365, and for mileage of $302, and a related tax gross-up of $6,402; and for fiscal 2011, Gerber’s matching contribution to the company’s 401(k) plan in the amount of $942, reimbursement of actual expenses for airfare of $4,371, for housing of $31,707, and for mileage of $449, and a related tax gross-up of $27,396 (the reimbursements for airfare, housing and mileage and the related tax gross-ups were provided in lieu of relocating Mr. Finn from his current residence during his first year of employment), and, for current assignment in China, for housing of $4,869, for home leave of $3,729 and for home maintenance of $2,000, and for miscellaneous relocation allowance of $10,000.                                                                                                                                                                                                                                                                                                                                                                                                                      |   |
|   | (11                              | )                               | “All Other Compensation” for Mr. Hancock represents Gerber’s matching contribution to the company’s 401(k) plan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |

----

|            |   |    |   |   |                             |    |    | All Other |   |    | All Other  |   |   | Exercise |    |   |       |    |
|-----------------|--------|---------|--------|--------|----------------------------------|---------|---------|-----------|--------|---------|------------|--------|--------|----------|---------|--------|------------|---------|
|            |   |    |   |   |                             |    |    | Stock     |   |    | Option     |   |   | Or       |    |   | Grant Date |    |
|            |   |    |   |   |                             |    |    | Awards:   |   |    | Awards:    |   |   | Base     |    |   | Fair Value |    |
|            |   |    |   |   | Estimated Possible Payouts Under |    |    | No. of    |   |    | No. of     |   |   | Price    |    |   | of         |    |
|            |   |    |   |   | Non-Equity Incentive Plan        |    |    | Shares of |   |    | Securities |   |   | of       |    |   | Stock and  |    |
|            |   |    |   |   | Awards(1)                        |    |    | Stock or  |   |    | Underlying |   |   | Option   |    |   | Option     |    |
|            |   | Grant   |   |   | Threshold                        |    |    | Target    |   |    | Maximum    |   |   | Units    |    |   | Options    |    |   | Awards |   |   | Awards |   |
| Name            |   | Date    |   |   | ($)                              |    |    | ($)       |   |    | ($)        |   |   |     | (#)(2)  |   |       |    | (#)(3) |   |   | ($/Sh) |   |   | ($) |   |
| Marc T. Giles   |   |    | (1     | )      |                             |    | — |      |   |    | 450,000    |   |   |     | 900,000 |   |       |    | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|            |   | 9/23/10 |   |   |                             | — |    |      |   | — |       |   |   | —  |    |   |       | — |   |   |   | 156,250 |   |   |   | 5.93 |   |   |   | 578,125 |   |
| Michael R. Elia |   |    | (1     | )      |                             |    | — |      |   |    | 210,000    |   |   |     | 420,000 |   |       |    | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|            |   | 9/23/10 |   |   |                             | — |    |      |   | — |       |   |   | —  |    |   |       | — |   |   |   | 117,188 |   |   |   | 5.93 |   |   |   | 433,956 |   |
| Rodney Larson   |   |    | (1     | )      |                             |    | — |      |   |    | 127,500    |   |   |     | 255,000 |   |       |    | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|            |   | 9/23/10 |   |   |                             | — |    |      |   | — |       |   |   | —  |    |   |       | — |   |   |   | 84,636 |   |   |   | 5.93 |   |   |   | 313,153 |   |
| Thomas P. Finn  |   |    | (1     | )      |                             |    | — |      |   |    | 170,000    |   |   |     | 340,000 |   |       |    | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|            |   | 9/23/10 |   |   |                             | — |    |      |   | — |       |   |   | —  |    |   |       | — |   |   |   | 26,042 |   |   |   | 5.93 |   |   |   | 96,355 |   |
|            |   | 3/07/11 |   |   |                             | — |    |      |   | — |       |   |   | —  |    |   |       | — |   |   |   | 35,000 |   |   |   | 8.20 |   |   |   | 182,000 |   |
| John Hancock    |   |    | (1     | )      |                             |    | — |      |   |    | 142,500    |   |   |     | 285,000 |   |       |    | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
|            |   | 9/23/10 |   |   |                             | — |    |      |   | — |       |   |   | —  |    |   |       | 39,024  |   |   |   | — |   |   |   | — |   |   |   | 231,412 |   |

| (1) | Amounts represent the potential amounts to be earned under the fiscal 2011 annual incentive compensation plan. For a discussion of the performance metrics applicable to these awards, see “2011 Annual Incentive Compensation Plan” under “Compensation Discussion and Analysis — Elements of Our Executive Compensation Program” above. For the actual amounts earned by each named executive officer, see the “Non-Equity Incentive Plan Compensation” column of the “Summary Compensation Table” above. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Represents awards of restricted stock under the 2006 Omnibus Incentive Plan. The award vested in full on April 30, 2011.                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| (3) | Represents awards of stock options under the 2006 Omnibus Incentive Plan. Stock option awards vest ratably over three-years on each anniversary of the grant date.                                                                                                                                                                                                                                                                                                                                                                                                     |

----

|            |                     |   | Option Awards |    |   | Stock Awards  |   |
|-----------------|--------------------------|--------|---------------|---------|--------|---------------|--------|
|            |                     |   |          |    |   |          |   |   | Market |   |
|            |                     |   | Number of     |    |   | Number of     |   |   |   |   |   |   |   |   | Number of |   |   | Value of |   |
|            |                     |   | Securities    |    |   | Securities    |   |   |   |   |   |   |   |   | Shares or |   |   | Shares or |   |
|            |                     |   | Underlying    |    |   | Underlying    |   |   |   |   |   |   |   |   | Units of |   |   | Units of |   |
|            |                     |   | Unexercised   |    |   | Unexercised   |   |   | Option |   |   | Option |   |   | Stock That |   |   | Stock That |   |
|            | Grant                    |   | Options (#)   |    |   | Options (#)   |   |   | Exercise |   |   | Expiration |   |   | Have Not |   |   | Have Not |   |
| Name            | Date                     |   | Exercisable   |    |   | Unexercisable |   |   | Price ($) |   |   | Date |   |   | Vested (#) |   |   | Vested ($)(1) |   |
| Marc T. Giles   | 12/5/2006  (2) |   |          | 50,000  |   |          |   | — |   |   |   | 13.97 |   |   | 12/5/2016 |   |   |   | — |   |   |   | — |   |
|            | 12/22/2006(3)            |   |          | 41,515  |   |          |   | — |   |   |   | 12.69 |   |   | 12/6/2011 |   |   |   | — |   |   |   | — |   |
|            | 3/16/2007(4)             |   |          | 33,300  |   |          |   | — |   |   |   | 9.89 |   |   | 6/18/2012 |   |   |   | — |   |   |   | — |   |
|            | 12/1/2007(2)             |   |          | 115,000 |   |          |   | — |   |   |   | 9.50 |   |   | 12/1/2017 |   |   |   | 7,500 |   |   |   | 71,700 |   |
|            | 9/25/2008(2)             |   |          | 92,000  |   |          |   | 46,000 |   |   |   | 8.99 |   |   | 9/25/2018 |   |   |   | 15,000 |   |   |   | 143,400 |   |
|            | 9/17/2009(2)             |   |          | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 108,696 |   |   |   | 1,039,134 |   |
|            | 9/23/2010(2)             |   |          | — |   |          |   | 156,250 |   |   |   | 5.93 |   |   | 9/23/2020 |   |   |   | — |   |   |   | — |   |
| Total           |                     |   |          | 331,815 |   |          |   | 202,250 |   |   |   |   |   |   |   |   |   |   |   | 131,196 |   |   |   | 1,254,234 |   |
| Michael R. Elia | 4/15/2008(5)             |   |          | 100,000 |   |          |   | — |   |   |   | 8.87 |   |   | 4/15/2018 |   |   |   | — |   |   |   | — |   |
|            | 9/25/2008(2)             |   |          | 30,000  |   |          |   | 15,000 |   |   |   | 8.99 |   |   | 9/25/2018 |   |   |   | 7,500 |   |   |   | 71,700 |   |
|            | 9/17/2009(2)             |   |          | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 43,821 |   |   |   | 418,929 |   |
|            | 9/23/2010(2)             |   |          | — |   |          |   | 117,188 |   |   |   | 5.93 |   |   | 9/23/2020 |   |   |   | — |   |   |   | — |   |
| Total           |                     |   |          | 130,000 |   |          |   | 132,188 |   |   |   |   |   |   |   |   |   |   |   | 51,321 |   |   |   | 490,629 |   |
| Rodney Larson   | 6/19/2007(2)             |   |          | 5,000   |   |          |   | — |   |   |   | 11.99 |   |   | 6/19/2017 |   |   |   | 750 |   |   |   | 7,170 |   |
|            | 12/1/2007(2)             |   |          | 25,000  |   |          |   | — |   |   |   | 9.50 |   |   | 12/1/2017 |   |   |   | 2,250 |   |   |   | 21,510 |   |
|            | 9/25/2008(2)             |   |          | 18,800  |   |          |   | 9,400 |   |   |   | 8.99 |   |   | 9/25/2018 |   |   |   | 4,700 |   |   |   | 44,932 |   |
|            | 9/17/2009(2)             |   |          | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 31,441 |   |   |   | 300,576 |   |
|            | 9/23/2010(2)             |   |          | — |   |          |   | 84,636 |   |   |   | 5.93 |   |   | 9/23/2020 |   |   |   | — |   |   |   | — |   |
| Total           |                     |   |          | 48,800  |   |          |   | 94,036 |   |   |   |   |   |   |   |   |   |   |   | 39,141 |   |   |   | 374,188 |   |
| Thomas P. Finn  | 2/15/2010(2)             |   |          | 33,334  |   |          |   | 66,666 |   |   |   | 5.72 |   |   | 2/15/2020 |   |   |   | 22,500 |   |   |   | 215,100 |   |
|            | 9/23/2010(2)             |   |          | — |   |          |   | 26,042 |   |   |   | 5.93 |   |   | 9/23/2020 |   |   |   | — |   |   |   | — |   |
|            | 3/7/2011(2)              |   |          | — |   |          |   | 35,000 |   |   |   | 8.20 |   |   | 3/7/2021 |   |   |   | — |   |   |   | — |   |
| Total           |                     |   |          | 33,334  |   |          |   | 127,708 |   |   |   |   |   |   |   |   |   |   |   | 22,500 |   |   |   | 215,100 |   |
| John Hancock    | 12/7/2001(2)             |   |          | 20,000  |   |          |   | — |   |   |   | 9.34 |   |   | 12/7/2011 |   |   |   | — |   |   |   | — |   |
|            | 12/6/2005(2)             |   |          | 20,000  |   |          |   | — |   |   |   | 9.45 |   |   | 12/6/2015 |   |   |   | — |   |   |   | — |   |
|            | 12/5/2006(2)             |   |          | 20,000  |   |          |   | — |   |   |   | 13.97 |   |   | 12/5/2016 |   |   |   | — |   |   |   | — |   |
|            | 12/1/2007(2)             |   |          | 20,000  |   |          |   | — |   |   |   | 9.50 |   |   | 12/1/2017 |   |   |   | — |   |   |   | — |   |
| Total           |                     |   |          | 80,000  |   |          |   | — |   |   |   |   |   |   |   |   |   |   |   | — |   |   |   | — |   |

| (1) | Valuation is based on the $9.56 closing price of Gerber’s common stock on April 30, 2011 as reported on the NYSE.                                                                                                                                                     |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Stock options granted on these dates generally vest ratably over a three-year period, beginning on the first anniversary of the grant date. Restricted stock granted on these dates vests ratably over a four-year period, beginning on the first anniversary of the grant date. |
| (3) | This stock option represents a reload stock option granted to Mr. Giles on December 22, 2006 upon his exercise of the original option. This option vested in full on December 22, 2009.                                                                           |
| (4) | This stock option represents a reload stock option granted to Mr. Giles on March 16, 2007 upon his exercise of the original option. This option vested in full on March 16, 2010.                                                                                 |
| (5) | Mr. Elia’s April 25, 2008 stock option and restricted stock grants vested on April 15, 2010.                                                                                                                                                                |   |

----

|                   |   | Option Awards                               |    |   | Stock Awards                                |   |
|------------------------|--------|---------------------------------------------|---------|--------|---------------------------------------------|--------|
|    Name |   | Number ofSharesAcquired onExercise (#) |    |   |   ValueRealized onExercise ($)(1) |   |   | Number ofSharesAcquired onVesting (#) |   |   |    Value Realizedon Vesting ($)(2) |   |
| Marc T. Giles          |   |                                        | — |   |                                        |   | — |   |   |   | 55,232 |   |   |   | 350,848 |   |
| Michael R. Elia        |   |                                        | — |   |                                        |   | — |   |   |   | 18,357 |   |   |   | 109,611 |   |
| Rodney Larson          |   |                                        | — |   |                                        |   | — |   |   |   | 15,831 |   |   |   | 97,967 |   |
| Thomas P. Finn         |   |                                        | — |   |                                        |   | — |   |   |   | 7,500 |   |   |   | 57,375 |   |
| John Hancock           |   |                                        | 40,525  |   |                                        |   | 127,601 |   |   |   | 105,469 |   |   |   | 893,367 |   |

| (1) | Value realized is calculated by multiplying the number of shares acquired upon exercise by the difference between the fair market value of Gerber’s common stock on the date of exercise minus the exercise price of the stock option. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Value realized is calculated by multiplying the number of shares by the closing price of Gerber’s common stock on the NYSE on the vesting date.                                                                                        |

----

|                         | Fiscal 2011 Pension Benefits Table      |   |
|------------------------------|-----------------------------------------|--------|
|     Name |     Plan Name       |   | Numberof YearsCreditedService(1) |   |   | Present Valueof AccumulatedBenefit(2) |   |   | PaymentsDuringLastFiscal Year |   |
| Marc T. Giles                | Gerber Scientific, Inc. and             |   |   | 10.4 |   |   |   |   |   |   |   |
|                         | Participating Subsidiaries Pension Plan |   |   |   |   |   | $ | 156,800 |   |   |   | — |   |
|                         | Gerber Scientific, Inc. SERP            |   |   |   |   |   | $ | 354,600 |   |   |   | — |   |
| John Hancock                 | Gerber Scientific, Inc. and             |   |   | 13.2 |   |   |   |   |   |   |   |   |   |
|                         | Participating Subsidiaries Pension Plan |   |   |   |   |   | $ | 315,100 |   |   |   | — |   |
|                         | Gerber Scientific, Inc. SERP            |   |   |   |   |   | $ | 128,000 |   |   |   | — |   |

| (1) | Number of years of credited service is computed as of April 30, 2011. The number of years of credited service for each named executive officer is equal to his actual years of service with Gerber as of April 30, 2011. Gerber does not have a policy of granting extra years of credited service to its named executive officers or other participating employees generally. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Amounts represent the present value of the accumulated benefit under the qualified plan or SERP, as applicable, as of April 30, 2011. The assumptions used in calculating these amounts are included in Note 13 to Gerber’s fiscal 2011 audited consolidated financial statements included in Item 15, “Exhibits, Financial Statement Schedules.”            |

----

|   | • | continuation of base salary, as in effect as of the termination date, for (1) 16 months, in the case of Mr. Giles, or (2) 12 months, in the case of Messrs. Elia, Larson, Finn, and Hancock, payable in accordance with Gerber’s normal payroll practices; |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | the pro rata portion (through the date of termination) of the target annual incentive compensation that the officer would have earned if the officer had continued his employment with Gerber through the end of the fiscal year in which the termination occurred, payable at the time such compensation is normally paid and only if the performance goals relating to the compensation are achieved; and |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | continuation of company-paid health (medical and dental) insurance coverage for (1) 16 months, in the case of Mr. Giles, or (2) 12 months, in the case of Messrs. Elia, Larson, Finn, and Hancock, and continued life insurance benefits for a period of 30 days following termination. |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | competes with the business of Gerber; |
|--------|---------|---------------------------------------|

|   | • | discloses confidential information or data relating to Gerber; |
|--------|---------|----------------------------------------------------------------|

|   | • | appropriates any such confidential information or data for his own benefit; |
|--------|---------|-----------------------------------------------------------------------------|

|   | • | solicits or hires any person who is, or has been in the prior six months, employed by Gerber to leave Gerber; |
|--------|---------|---------------------------------------------------------------------------------------------------------------|

|   | • | solicits or diverts the business of any customer or client, or any prospective customer or client, of Gerber; |
|--------|---------|---------------------------------------------------------------------------------------------------------------|

|   | • | engages in any action that is determined by the Management Development and Compensation Committee to be detrimental to Gerber and its shareholders; or |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | is engaged in full-time employment, except as described above regarding employment with a company that is not a competitor of Gerber. |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------|

----

|   | • | a lump sum severance payment equal to (1) three times the sum of his base salary and annual incentive bonus payment in effect as of the termination date, in the case of Mr. Giles, or (2) 2.5 times the sum of his base salary and annual incentive bonus payment in effect as of the termination date, in the case of each of Messrs. Elia, Larson, Finn and Hancock; |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | a lump sum cash payment equal to (1) 36 monthly payments, in the case of Mr. Giles, or (2) 30 monthly payments, in the case of each of Messrs. Elia, Larson, Finn, and Hancock, that would have been paid by Gerber for the cost of all life insurance, health (medical and dental), accidental death and dismemberment, and disability plans in which the executive was entitled to participate immediately prior to the date of termination; and |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | acceleration and full vesting of all unvested stock awards. |
|--------|---------|-------------------------------------------------------------|

|   | • | a material diminution in the nature and scope of the executive’s authority, duties or responsibilities from those applicable immediately prior to the change in control; |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | a reduction in the executive’s base salary from that provided immediately prior to the change in control; |
|--------|---------|-----------------------------------------------------------------------------------------------------------------|

|   | • | a diminution in the executive’s eligibility to participate in compensation plans and employee benefits and perquisites which provided opportunities to receive overall compensation and benefits and perquisites from the greater of: |
|--------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | the opportunities provided by Gerber for executives with comparable duties; or |
|--------|---------|-------------------------------------------------------------------------------------|

|   | • | the opportunities under any such plans and perquisites under which the executive was participating immediately prior to the change in control; |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | a change in the location of the executive’s principal place of employment by more than 50 miles from the location applicable immediately prior to the change in control; |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | a significant increase in the executive’s frequency or duration of business travel; or |
|--------|---------|---------------------------------------------------------------------------------------------------|

|   | • | a reasonable determination by the Board that, as a result of the change in control and change in circumstances thereafter significantly affecting the executive’s position, the executive is unable to exercise the authority, powers, |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | functions or duties applicable to his position immediately prior to the change in control. |
|--------|--------------------------------------------------------------------------------------------|

|   | • | Gerber merges or consolidates with another entity resulting in less than 50% ownership, or Gerber sells or otherwise disposes of all or substantially all of its assets; |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | the shareholders of Gerber adopt a plan of liquidation of the company; |
|--------|---------|------------------------------------------------------------------------|

|   | • | any person generally becomes the beneficial owner of 30% or more of Gerber’s voting securities; or |
|--------|---------|---------------------------------------------------------------------------------------------------------------|

|   | • | as a result of any tender or exchange offer, merger or disposition of all or substantially all of Gerber’s assets, the Directors of Gerber as of the date of the severance agreements cease to constitute a majority of the Board (with an exception for Directors whose appointment or nomination for election was subsequently approved by three-fourths of the Directors serving on the Board as of the date of the severance agreements). |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | the entry by Gerber into an agreement, the consummation of which would result in the occurrence of a change in control; |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------|

|   | • | the public announcement by any person of an intention to take actions which, if consummated, would constitute a change in control; or |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | the adoption by the Board of a resolution to the effect that, for purposes of the severance agreements, a change in control has occurred. |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------|

| Named Executive Officer |   |   Severance Policy($)(1) |    |   | Change in Control Agreements($)(2) |   |
|-------------------------|--------|-------------------------------|---------|--------|------------------------------------|--------|
| Marc T. Giles           |   |                          | 812,849 |   |                               |   | 5,037,441 |   |
| Michael R. Elia         |   |                          | 364,432 |   |                               |   | 2,365,891 |   |
| Rodney Larson           |   |                          | 324,997 |   |                               |   | 1,748,931 |   |
| Thomas P. Finn          |   |                          | 405,512 |   |                               |   | 1,989,956 |   |
| John Hancock            |   |                          | 294,048 |   |                               |   | — |   |

----

| (1) | Amounts calculated based on each executive’s base salary as of April 30, 2011, or $800,000 ($600,000 times 1.33 years) for Mr. Giles, $350,000 for Mr. Elia, $255,000 for Mr. Larson, $340,000 for Mr. Finn and $285,000 for Mr. Hancock.  Amounts include continuation of health (medical and dental) and life insurance benefits for the periods described under “Severance Policy for Senior Executives” above as follows: $12,849 for Mr. Giles; $14,432 for Mr. Elia; $21,390 for Mr. Larson; $21,415 for Mr. Finn and $9,048 for Mr. Hancock.  Amounts also include $48,607 for Mr. Larson, which includes approximate value of repatriation costs from his international assignment and tax preparation fees for the year of return and $43,907 for Mr. Finn, which includes approximate value of repatriation costs from his international assignment and tax preparation fees for the year of return.  Amounts do not include any pro rata bonus payments.  Each executive’s fiscal 2011 bonus is set forth in the fiscal 2011 “Non-Equity Incentive Compensation Plan” column of the “Summary Compensation Table” above.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Represents amounts to be provided pursuant to each executive’s change in control agreement and, in the case of Messrs. Larson and Finn, each executive's expatriate assignment letter agreement. Amounts include the following: (a) a lump sum severance payment, calculated based on each executive’s base salary plus annual incentive bonus payment in effect as of April 30, 2011, or $3,150,000 ($1,050,000 times three-years) for Mr. Giles, $1,400,000 ($560,000 times 2.5 years) for Mr. Elia, $956,250 ($382,500 times 2.5 years) for Mr. Larson, and $1,275,000 ($510,000 times 2.5 years) for Mr. Finn; (b) a lump sum payment equal to $39,800 for Mr. Giles, $41,320 for Mr. Elia, $57,299 for Mr. Larson, and $58,629 for Mr. Finn, reflecting the amount Gerber would have paid for the cost of all life insurance, health (medical and dental), accidental death and dismemberment and disability plans in which the executive was entitled to participate as of April 30, 2011; (c) $48,607 for Mr. Larson, which includes approximate value of repatriation costs from his international assignment and tax preparation fees for the year of return and $43,097 for Mr. Finn, which includes approximate value of repatriation costs from his international assignment and tax preparation fees for the year of return; and (d) the acceleration of all unvested stock option and restricted stock awards held by each officer as of April 30, 2011, as follows: $1,847,641 for Mr. Giles; $924,571 for Mr. Elia; $686,775 for Mr. Larson; and $613,230 for Mr. Finn.  For stock option awards, amounts calculated are based on the difference between the option’s exercise price and the fair market value of our common stock on April 30, 2011, or $9.56 per share, multiplied by the number of shares. For restricted stock awards, the amount calculated is based on the number of shares multiplied by the fair market value of our common stock on April 30, 2011. For purposes of these equity acceleration estimates, we have not included outstanding unvested out-of-the-money stock option awards pursuant to which the exercise price of the option exceeded the fair market value of our common stock on April 30, 2011. For additional information about these awards, see the “Fiscal 2011 Outstanding Equity Awards at Fiscal Year-End Table” above. |

ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

----

|  Name and Address of Beneficial Owner               |   | Amount and Nature ofBeneficial Ownership |      |   | Percent ofClass (%) |   |
|----------------------------------------------------------|--------|------------------------------------------|-----------|--------|--------------------------|--------|
| BlackRock, Inc.                                          |   |                                     | 2,116,759 |   |                     |   | 8.4 |   |
|   40 East 52(nd) Street                        |   |                                     |      |   |                     |   |   |   |
|   New York, New York 10022                     |   |                                     |      |   |                     |   |   |   |
|                                                     |   |                                     |      |   |                     |   |   |   |
| Mario J. Gabelli and affiliates                          |   |                                     | 2,088,133 |   |                     |   | 8.3 |   |
| One Corporate Center                                     |   |                                     |      |   |                     |   |   |   |
| Rye, New York 10580                                      |   |                                     |      |   |                     |   |   |   |
|                                                     |   |                                     |      |   |                     |   |   |   |
| Dimensional Fund Advisors LP                        |   |                                     | 1,930,544 |   |                     |   | 7.7 |   |
|   Palisades West, Bldg One                     |   |                                     |      |   |                     |   |   |   |
|   6300 Bee Cave Road                           |   |                                     |      |   |                     |   |   |   |
|   Austin, Texas 78746                          |   |                                     |      |   |                     |   |   |   |
|                                                     |   |                                     |      |   |                     |   |   |   |
| Zesiger Capital Group LLC                                |   |                                     | 1,865,175 |   |                     |   | 7.4 |   |
| 460 Park Ave. 22(nd) Floor,                              |   |                                     |      |   |                     |   |   |   |
| New York, New York 10022                                 |   |                                     |      |   |                     |   |   |   |
|                                                     |   |                                     |      |   |                     |   |   |   |
| Royce & Associates, LLC                         |   |                                     | 1,783,900 |   |                     |   | 7.1 |   |
| 745 Fifth Avenue                                         |   |                                     |      |   |                     |   |   |   |
| New York, New York 10151                                 |   |                                     |      |   |                     |   |   |   |
|                                                     |   |                                     |      |   |                     |   |   |   |
| Barington Companies Equity Partners, L.P. and affiliates |   |                                     | 1,336,094 |   |                     |   | 5.3 |   |
|   888 Seventh Avenue, 17(th) Floor             |   |                                     |      |   |                     |   |   |   |
|   New York, New York 10019                     |   |                                     |      |   |                     |   |   |   |
|                                                     |   |                                     |      |   |                     |   |   |   |
| RGM Capital, LLC                                         |   |                                     | 1,289,799 |   |                     |   | 5.1 |   |
|   6621 Willow Park Drive, Suite One            |   |                                     |      |   |                     |   |   |   |
|   Naples, Florida 34109                        |   |                                     |      |   |                     |   |   |   |

----

----

|   | • | each Director; |
|--------|---------|----------------|

|   | • | each nominee to the Board; |
|--------|---------|----------------------------|

|   | • | Gerber’s “named executive officers”; and |
|--------|---------|-----------------------------------------------------------------|

|   | • | all of Gerber’s Directors and executive officers as a group. |
|--------|---------|--------------------------------------------------------------------|

|    Name of Beneficial Owner                        |   | Amount and Nature ofBeneficial Ownership |      |   |  Percent ofClass (%) |   |
|-------------------------------------------------------------------|--------|------------------------------------------|-----------|--------|--------------------------------|--------|
| Donald P. Aiken                                                   |   |                                     | 68,859    |   |                           |   | * |   |
| Michael R. Elia                                                   |   |                                     | 202,144   |   |                           |   | * |   |
| Thomas P. Finn                                                    |   |                                     | 60,063    |   |                           |   | * |   |
| Marc T. Giles                                                     |   |                                     | 389,667   |   |                           |   | * |   |
| John Hancock                                                      |   |                                     | ---       |   |                           |   | --- |   |
| Rodney Larson                                                     |   |                                     | 107,457   |   |                           |   | * |   |
| Randall D. Ledford                                                |   |                                     | 32,914    |   |                           |   | * |   |
| John R. Lord                                                      |   |                                     | 47,914    |   |                           |   | * |   |
| James A. Mitarotonda                                              |   |                                     | 850,148   |   |                           |   | 3.4 |   |
| Javier Perez                                                      |   |                                     | 23,917    |   |                           |   | * |   |
| Carole F. St. Mark                                                |   |                                     | 54,687    |   |                           |   | * |   |
| W. Jerry Vereen                                                   |   |                                     | 58,428    |   |                           |   | * |   |
| All Directors and executive officers as a group (15 persons) |   |                                     | 2,193,427 |   |                           |   | 8.5 |   |

| * | Less than one percent. |
|---|------------------------|

----

|         Plan Category |   | Number of Securitiesto be Issued Upon theExercise of OutstandingOptions, Warrants andRights (#) |      |   |  Weighted-AverageExercise Price ofOutstanding Options,Warrants and Rights ($) |   |    | Number of SecuritiesRemaining Availablefor Future IssuanceUnder EquityCompensation Plans(Excluding SecuritiesReflected inColumn(a)) (#) |   |
|---------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------|-----------|--------|-----------------------------------------------------------------------------------------|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                          |   | (a)                                                                                                  |      |   | (b)                                                                                     |   |    | (c)                                                                                                                                          |   |
| Equity compensation plans approved by security holders        |   |                                                                                                 | 2,187,000 | (1)    |                                                                                    |   | 8.28    |                                                                                                                                         |   |   | 990,426 | (2) |
| Equity compensation plans not approved by security holders    |   |                                                                                                 | —   |   |                                                                                    |   | — |                                                                                                                                         |   |   | — |   |
| Total                                                         |   |                                                                                                 | 2,187,000 |   |                                                                                    |   | 8.28    |                                                                                                                                         |   |   | 990,426 |   |

| (1) | Excludes 741,000 shares of restricted stock and restricted stock units outstanding under the Gerber Scientific, Inc. 2006 Omnibus Incentive Plan as of April 30, 2011.                                                                                                                                                                                                              |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Represents 990,426 shares of common stock remaining available for issuance pursuant to future awards under the Gerber Scientific, Inc. 2006 Omnibus Incentive Plan. Up to 990,426 of the shares of common stock remaining available for issuance pursuant to future awards under this plan may be issued pursuant to awards other than upon the exercise of an option, warrant or right. |

----

ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

----

ITEM 14.  PRINCIPAL ACCOUNTING FEES AND SERVICES

|                   |   | 2011   |      |   | 2010   |   |
|------------------------|--------|--------|-----------|--------|--------|--------|
| Audit services         |   | $      | 1,666,105 |   |   | $      | 1,634,005 |   |
| Audit-related services |   |   | ---       |   |   |   | 30,000 |   |
| Tax Fees               |   |   | 246,191   |   |   |   | 189,575 |   |
| All Other Fees         |   |   | 6,700     |   |   |   | 6,060 |   |
| Total                  |   | $      | 1,918,996 |   |   | $      | 1,859,640 |   |

----

PART IV

ITEM 15.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES

|                                                             |                                                                                                                                                                          | Page   |
|------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Management's Report on Internal Control over Financial Reporting | 79                                                                                                                                                                            |
| 1.                                                               | Financial Statements:                                                                                                                                                         |   |
|                                                             | Report of Independent Registered Public Accounting Firm                                                                                                                       | 80     |
|                                                             | Consolidated Statements of Operations for the fiscal years ended April 30, 2011, 2010 and 2009                                                                                | 81     |
|                                                             | Consolidated Balance Sheets as of April 30, 2011 and 2010                                                                                                                     | 82     |
|                                                             | Consolidated Statements of Cash Flows for the fiscal years ended April 30, 2011, 2010 and 2009                                                                                | 83     |
|                                                             | Consolidated Statements of Changes in Shareholders' Equity for each of the three fiscal years in the period ended April 30, 2011                                              | 84     |
|                                                             | Notes to Consolidated Financial Statements                                                                                                                                    | 85-122 |
|                                                             |                                                                                                                                                                          |
| 2.                                                               | Financial Statement Schedules                                                                                                                                                 |
|                                                             | All financial statement schedules are omitted because they are not applicable or the required information is shown in the consolidated financial statements or notes thereto. |
|                                                             |                                                                                                                                                                          |   |
| 3.                                                               | ExhibitsGerber Scientific, Inc. herewith files or incorporates herein the following exhibits:                                                                            |
| ExhibitNumber |  Exhibit Description                                                                                                                                                                                                                                                                              |
|---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |                                                                                                                                                                                                                                                                                                   |
| 2.1           | Asset Purchase Agreement, dated as of December 2, 2010, among Gerber Scientific International, Inc., Coburn Technologies, Inc. and Edward G. Jepsen (incorporated herein by reference to Exhibit 2.1 to Gerber’s Scientific, Inc.’s Current Report on Form 8-K filed on December 2, 2010). |
|          |                                                                                                                                                                                                                                                                                                   |
| 2.2           | Agreement and Plan of Merger, dated as of June 10, 2011, among Gerber Scientific, Inc., Vector Knife Holdings (Cayman), Ltd. and Knife Merger Sub, Inc. (incorporated herein by reference to Exhibit 2.1 to Gerber Scientific, Inc.’s Current Report on Form 8-K filed on June 13, 2011).        |
|          |                                                                                                                                                                                                                                                                                                   |
| 3.1           | Amended and Restated Certificate of Incorporation of Gerber Scientific, Inc. (incorporated herein by reference to Exhibit 3.1 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2004).                                                                                |
|          |                                                                                                                                                                                                                                                                                                   |
| 3.2           | Amended and Restated By-laws of Gerber Scientific, Inc. (incorporated herein by reference to Exhibit 3.2 to Gerber’s Annual Report on Form 10-K for the fiscal year ended April 30, 2010).                                                                                                       |
|          |                                                                                                                                                                                                                                                                                                   |
| 4.1           | Form of common stock certificate of Gerber Scientific, Inc. (incorporated herein by reference to Exhibit 4.1 to Gerber's Annual Report on Form 10-K for the fiscal year ended April 30, 2007).                                                                                                         |
|          |                                                                                                                                                                                                                                                                                                   |
| 10.1          | Gerber Scientific, Inc. Non-Employee Director's Stock Grant Plan, as amended and restated as of August 25, 2010 (incorporated herein by reference to Exhibit 10.1 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2010).                                            |
|          |                                                                                                                                                                                                                                                                                                   |
| 10.2          | Gerber Scientific, Inc. 1992 Non-Employee Director Stock Option Plan, as amended and restated (incorporated herein by reference to Exhibit 10.2 to Gerber's Annual Report on Form 10-K for the fiscal year ended April 30, 1999).                                                                      |
|          |                                                                                                                                                                                                                                                                                                   |
| 10.3          | Gerber Scientific, Inc. Agreement for Deferment of Director Fees, as amended (incorporated herein by reference to Exhibit 10.1 to Gerber's Current Report on Form 8-K filed on December 2, 2005).                                                                                                      |
|          |                                                                                                                                                                                                                                                                                                   |
| 10.4          | Gerber Scientific, Inc. 2006 Omnibus Incentive Plan, as amended (incorporated herein by reference to Exhibit 10.1 to Gerber's Form 8-K filed on September 23, 2009).                                                                                                                                   |

----

|   |                                                                                                                                                                                                                                                                                                               |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.5   | Form of Indemnification Agreement for Directors (incorporated herein by reference to Exhibit 10.1 to Gerber’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2009).                                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.6   | Letter Agreement, dated as of December 7, 2001, between Gerber Scientific, Inc. and Marc T. Giles (incorporated herein by reference to Exhibit 10.6 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2002).                                                                      |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.7   | Letter Agreement, dated as of March 14, 2008, between Gerber Scientific, Inc. and Michael R. Elia (incorporated herein by reference to Exhibit 10.6 to Gerber's Annual Report on Form 10-K for the fiscal year ended April 30, 2008).                                                                              |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.8   | Form of Restricted Stock Agreement under the Gerber Scientific, Inc. 2006 Omnibus Incentive Plan (incorporated herein by reference to Exhibit 99.1 to Gerber's Current Report on Form 8-K filed on November 9, 2006).                                                                                              |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.9   | Form of Nonqualified Stock Option Agreement under the Gerber Scientific, Inc. 2006 Omnibus Incentive Plan (incorporated herein by reference to Exhibit 99.2 to Gerber's Current Report on Form 8-K filed on November 9, 2006).                                                                                     |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.10  | Form of Restricted Stock Unit Agreement under the Gerber Scientific, Inc. 2006 Omnibus Incentive Plan (incorporated herein by reference to Exhibit 10.2 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2010).                                                                  |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.11  | Letter Agreement, dated as of September 30, 2002, between Gerber Scientific, Inc. and James S. Arthurs (incorporated herein by reference to Exhibit 10.15 of Gerber's Annual Report on Form 10-K for the fiscal year ended April 30, 2003).                                                                        |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.12  | Form of Change in Control Agreement between Gerber Scientific, Inc. and its [Senior Vice Presidents (other than Marc T. Giles)].  Filed herewith.                                                                                                                                                        |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.13  | Severance Policy for Senior Officers of Gerber Scientific, Inc. as Amended and Restated Effective September 21, 2006 (incorporated herein by reference to Exhibit 10.12 to Gerber's Annual Report on Form 10-K for the fiscal year ended April 30, 2007).                                                          |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.14  | Agreement and Lease between Spandex PLC and IM Properties Finance Limited for the sale and leaseback of property in Bristol, United Kingdom (incorporated herein by reference to Exhibit 10.3 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2001).                            |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.15  | Lease Agreement between GERB (CT) QRS 14-73, Inc. and Gerber Scientific, Inc., Gerber Technology, Inc., Gerber Scientific Products, Inc., and Gerber Coburn Optical, Inc. (incorporated herein by reference to Exhibit 10.1 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2001). |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.16  | First Amendment to Lease and Substitution and Exchange Agreement between GERB (CT) QRS 14-73, Inc and Gerber Scientific, Inc. and Gerber Scientific International, Inc.  Filed herewith.                                                                                                                 |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.17  | Gerber Scientific, Inc. and Participating Subsidiaries Supplemental Pension Benefit Plan, as amended and restated effective January 1, 2005.  Filed herewith.                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.18  | First Amendment to the Gerber Scientific, Inc. and Participating Subsidiaries Supplemental Pension Benefit Plan, as amended and restated effective January 1, 2005 (incorporated herein by reference to Exhibit 10.28 to Gerber’s Annual Report on Form 10-K for the fiscal year ended April 30, 2009).      |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.19  | Gerber Scientific, Inc. 1992 Employee Stock Plan, as amended and restated (incorporated herein by reference to Exhibit A to Gerber's Proxy Statement on Schedule 14A filed on August 28, 1995).                                                                                                                    |
|   |                                                                                                                                                                                                                                                                                                               |
| 10.20  | Gerber Scientific, Inc. 2003 Employee Stock Option Plan, as amended and restated (incorporated herein by reference to Exhibit 10.17 to Gerber's Annual Report on Form 10-K for the fiscal year ended April 30, 2007).                                                                                              |
|   |                                                                                                                                                                                                                                                                                                               |

----

| 10.21  | Description of Arrangements Relating to Travel Compensation for Michael R. Elia and Thomas P. Finn (incorporated herein by reference to Exhibit 10.20 to Gerber’s Annual Report on Form 10-K for the fiscal year ended April 30, 2010).                                                                                                                                                                                                                                                   |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.22  | Letter Agreement, dated as of September 22, 2003, between Gerber Scientific, Inc. and William V. Grickis, Jr. (incorporated herein by reference to Exhibit 10.3 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2003).                                                                                                                                                                                                                                       |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.23  | Letter Agreement, dated as of December 18, 2003, between Gerber Scientific, Inc. and Donald P. Aiken (incorporated herein by reference to Exhibit 10.33 to Gerber's Annual Report on Form 10-K for the fiscal year ended April 30, 2004).                                                                                                                                                                                                                                                       |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.24  | Form of Nonqualified Stock Option Agreement pursuant to the Gerber Scientific, Inc. 2003 Employee Stock Option Plan (incorporated herein by reference to Exhibit 10.1 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2004).                                                                                                                                                                                                                                 |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.25  | Change in Control Agreement, dated October 1, 2005, between Gerber Scientific, Inc. and William V. Grickis, Jr. (incorporated herein by reference to Exhibit 10.3 to Gerber's Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2004).                                                                                                                                                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.26  | Change in Control Agreement, dated August 13, 2007, between Gerber Scientific, Inc. and Marc T. Giles.  Filed herewith.                                                                                                                                                                                                                                                                                                                                                               |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.27  | Amended and Restated Credit and Guaranty Agreement, dated as of March 1, 2011, among Gerber, certain subsidiaries of Gerber, Bank of America, N.A. and HSBC Bank USA, National Association as lenders, Sovereign Bank as lender and documentation agent, and RBS Citizens, N.A. as lender, lead arranger, bookrunner and administrative agent (incorporated herein by reference to Exhibit 10.2 to Gerber’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2011). |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.28  | Confidential Agreement and General Release dated as of May 1, 2011, between Gerber Scientific, Inc. and John R. Hancock.  Filed herewith.                                                                                                                                                                                                                                                                                                                                             |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.29  | Letter agreement, dated as of January 22, 2010, between Gerber Scientific, Inc. and Thomas P. Finn (incorporated herein by reference to Exhibit 10.31 to Gerber’s Annual Report on Form 10-K for the fiscal year ended April 30, 2010).                                                                                                                                                                                                                                                   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.30  | Confidential Agreement and General Release dated as of May 13, 2011, between Gerber Scientific, Inc. and Stephen Lovass.  Filed herewith.                                                                                                                                                                                                                                                                                                                                             |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.31  | Expatriate assignment letter agreement, dated November 4, 2010, between Gerber Scientific, Inc. and Thomas P. Finn.  Filed herewith.                                                                                                                                                                                                                                                                                                                                                  |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.32  | Expatriate assignment letter agreement, dated February 13, 2007, between Gerber Scientific, Inc. and Rodney W. Larson.  Filed herewith.                                                                                                                                                                                                                                                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 21.1   | Subsidiaries of Gerber.  Filed herewith.                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 23.1   | Consent of Independent Registered Public Accounting Firm.  Filed herewith.                                                                                                                                                                                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 31.1   | Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934.  Filed herewith.                                                                                                                                                                                                                                                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 31.2   | Certification of Chief Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934.  Filed herewith.                                                                                                                                                                                                                                                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 32     | Certification of Chief Executive Officer and Chief Financial Officer pursuant Rule 13a-14(b) or Rule 15d-14(b) and to 18 U.S.C. §1350.  Filed herewith.                                                                                                                                                                                                                                                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| (b)    | See Item 15(a) 3. above.                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| (c)    | See Item 15(a) 2. above.                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

----

Management's Report on Internal Control over Financial Reporting

----

Report of Independent Registered Public Accounting Firm

----

Consolidated Statements of Operations

|                                                                                                 | For the Fiscal Years Ended April 30, |
|------------------------------------------------------------------------------------------------------|--------------------------------------|
| In thousands of dollars, except per share data                                                       |                                 | 2011 |   |   | 2010 |   |   | 2009 |   |
| Revenue:                                                                                             |                                 |   |   |   |   |   |   |   |   |
| Product sales                                                                                        |                                 | $ | 404,152 |   |   | $ | 353,986 |   |   | $ | 382,666 |   |
| Service sales                                                                                        |                                 |   | 58,369 |   |   |   | 58,281 |   |   |   | 62,719 |   |
|                                                                                                 |                                 |   | 462,521 |   |   |   | 412,267 |   |   |   | 445,385 |   |
| Cost of Sales:                                                                                       |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Cost of products sold                                                                                |                                 |   | 281,664 |   |   |   | 256,950 |   |   |   | 279,162 |   |
| Cost of services sold                                                                                |                                 |   | 38,094 |   |   |   | 35,016 |   |   |   | 38,542 |   |
|                                                                                                 |                                 |   | 319,758 |   |   |   | 291,966 |   |   |   | 317,704 |   |
|                                                                                                 |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Gross profit                                                                                         |                                 |   | 142,763 |   |   |   | 120,301 |   |   |   | 127,681 |   |
|                                                                                                 |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Selling, general and administrative expenses                                                         |                                 |   | 116,680 |   |   |   | 100,146 |   |   |   | 108,867 |   |
| Research and development                                                                             |                                 |   | 16,005 |   |   |   | 14,930 |   |   |   | 17,326 |   |
| Restructuring and other expenses                                                                     |                                 |   | 8,607 |   |   |   | 3,227 |   |   |   | 1,020 |   |
| Goodwill impairment                                                                                  |                                 |   | 5,928 |   |   |   | --- |   |   |   | --- |   |
| Operating (loss) income                                                                              |                                 |   | (4,457 | ) |   |   | 1,998 |   |   |   | 468 |   |
|                                                                                                 |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Other expense, net                                                                                   |                                 |   | (155 | ) |   |   | (719 | ) |   |   | (2,596 | ) |
| Interest expense                                                                                     |                                 |   | (1,798 | ) |   |   | (2,857 | ) |   |   | (2,097 | ) |
| Loss from continuing operations before income taxes                                                  |                                 |   | (6,410 | ) |   |   | (1,578 | ) |   |   | (4,225 | ) |
| Income tax expense (benefit)                                                                         |                                 |   | 257 |   |   |   | (656 | ) |   |   | (5,668 | )  |
| (Loss) Income from continuing operations, net of taxes                                               |                                 |   | (6,667 | ) |   |   | (922 | ) |   |   | 1,443 |   |
| (Loss) Income from discontinued operations, net of taxes of $276, $32, and $1,731, respectively |                                 |   | (16,949 | ) |   |   | (536 | ) |   |   | 793 |   |
| Net (loss) income                                                                                    |                                 | $ | (23,616 | ) |   | $ | (1,458 | ) |   | $ | 2,236 |   |
| Basic (Loss) Earnings Per Share of Common Stock:                                                     |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Continuing operations                                                                                |                                 | $ | (0.27 | ) |   | $ | (0.04 | ) |   | $ | 0.06 |   |
| Discontinued operations                                                                              |                                 |   | (0.67 | ) |   |   | (0.02 | ) |   |   | 0.03 |   |
| Basic (loss) earnings per common share                                                               |                                 | $ | (0.94 | ) |   | $ | (0.06 | ) |   | $ | 0.09 |   |
| Diluted (Loss) Earnings Per Share of Common Stock:                                                   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Continuing operations                                                                                |                                 | $ | (0.27 | ) |   | $ | (0.04 | ) |   | $ | 0.06 |   |
| Discontinued operations                                                                              |                                 |   | (0.67 | ) |   |   | (0.02 | ) |   |   | 0.03 |   |
| Diluted (loss) earnings per common share                                                             |                                 | $ | (0.94 | ) |   | $ | (0.06 | ) |   | $ | 0.09 |   |

----

Consolidated Balance Sheets

|                                                                                           |   | April 30, |    |
|------------------------------------------------------------------------------------------------|--------|-----------|---------|
| In thousands of dollars and shares                                                             |   | 2011      |    |   | 2010 |   |
| Assets:                                                                                        |   |      |    |   |   |   |
| Current Assets:                                                                                |   |      |    |   |   |   |
| Cash and cash equivalents                                                                      |   | $         | 10,916  |   |   | $ | 11,305 |   |
| Accounts receivable (net of allowance for doubtful accounts of $6,701 and $7,756)              |   |      | 78,264  |   |   |   | 80,925 |   |
| Inventories                                                                                    |   |      | 55,294  |   |   |   | 59,823 |   |
| Deferred tax assets, net                                                                       |   |      | 11,381  |   |   |   | 10,029 |   |
| Asset held for sale                                                                            |   |      | 6,651   |   |   |   | --- |   |
| Prepaid expenses and other current assets                                                      |   |      | 4,603   |   |   |   | 4,732 |   |
| Total Current Assets                                                                           |   |      | 167,109 |   |   |   | 166,814 |   |
| Property, plant and equipment, net                                                             |   |      | 30,716  |   |   |   | 32,223 |   |
| Goodwill                                                                                       |   |      | 64,583  |   |   |   | 83,654 |   |
| Deferred tax assets, net                                                                       |   |      | 52,108  |   |   |   | 48,362 |   |
| Other assets                                                                                   |   |      | 18,248  |   |   |   | 20,824 |   |
| Total Assets                                                                                   |   | $         | 332,764 |   |   | $ | 351,877 |   |
| Liabilities and Shareholders' Equity:                                                          |   |      |    |   |   |   |   |   |
| Current Liabilities:                                                                           |   |      |    |   |   |   |   |   |
| Accounts payable                                                                               |   |  $   | 32,977  |   |   | $  | 39,185 |   |
| Accrued compensation and benefits                                                              |   |      | 26,006  |   |   |   | 15,997 |   |
| Other liabilities                                                                              |   |      | 26,338  |   |   |   | 22,080 |   |
| Deferred revenue                                                                               |   |      | 13,747  |   |   |   | 13,003 |   |
| Total Current Liabilities                                                                      |   |      | 99,068  |   |   |   | 90,265 |   |
| Long-term debt                                                                                 |   |      | 21,110  |   |   |   | 45,000 |   |
| Accrued pension benefit liability                                                              |   |      | 35,593  |   |   |   | 36,932 |   |
| Deferred tax liabilities, net                                                                  |   |      | 13,889  |   |   |   | 12,600 |   |
| Other long-term liabilities                                                                    |   |      | 14,883  |   |   |   | 8,874 |   |
|                                                                                           |   |      |    |   |   |   |   |   |
| Commitments and contingencies (Note 18)                                                        |   |      |    |   |   |   |   |   |
|  Shareholders' Equity:                                                                    |   |      |    |   |   |   |   |   |
| Preferred stock, $0.01 par value; authorized 10,000 shares; no shares issued                   |   |      | ---     |   |   |   | --- |   |
| Common stock, $0.01 par value; authorized 100,000 shares; issued 25,600 and 25,650 shares |   |      | 256     |   |   |   | 257 |   |
| Paid-in capital                                                                                |   |      | 85,396  |   |   |   | 81,981 |   |
| Retained earnings                                                                              |   |      | 72,588  |   |   |   | 96,204 |   |
| Treasury stock, 490 and 528 shares, at cost                                                    |   |      | (10,084 | ) |   |   | (10,855 | ) |
| Accumulated other comprehensive income (loss)                                                  |   |      | 65      |   |   |   | (9,381 | ) |
| Total Shareholders' Equity                                                                     |   |      | 148,221 |   |   |   | 158,206 |   |
| Total Liabilities and Shareholders' Equity                                                     |   | $         | 332,764 |   |   | $ | 351,877 |   |

----

Consolidated Statements of Cash Flows

|                                                                                 | For the Fiscal Years Ended April 30, |   |
|--------------------------------------------------------------------------------------|--------------------------------------|--------|
| In thousands of dollars                                                              |                                 | 2011   |   |   | 2010 |   |   | 2009 |   |
| Cash flows from operating activities:                                                |                                 |   |   |   |   |   |   |   |   |
| Net (loss) income                                                                    |                                 | $      | (23,616 | ) |   | $ | (1,458 | ) |   | $ | 2,236 |   |
| Adjustments to reconcile net (loss) income to cash provided by operating activities: |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Depreciation and amortization                                                        |                                 |   | 7,673 |   |   |   | 9,452 |   |   |   | 9,991 |   |
| Deferred income taxes                                                                |                                 |   | (4,947 | ) |   |   | (3,210 | ) |   |   | (5,953 | ) |
| Goodwill impairment charges                                                          |                                 |   | 22,816 |   |   |   | --- |   |   |   | --- |   |
| Other-than-temporary impairment charge                                               |                                 |   | --- |   |   |   | --- |   |   |   | 2,290 |   |
| Stock-based compensation                                                             |                                 |   | 4,052 |   |   |   | 3,787 |   |   |   | 3,241 |   |
| Loss (Gain) on sale of assets                                                        |                                 |   | 344 |   |   |   | 2,464 |   |   |   | (622 | ) |
| Other noncash items                                                                  |                                 |   | 4,291 |   |   |   | 2,177 |   |   |   | 2,220 |   |
| Changes in operating accounts, excluding effects of acquisitions and dispositions:   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Accounts receivable                                                                  |                                 |   | 484 |   |   |   | 5,126 |   |   |   | 25,795 |   |
| Inventories                                                                          |                                 |   | (2,645 | ) |   |   | 5,996 |   |   |   | 5,820 |   |
| Prepaid expenses and other assets                                                    |                                 |   | 225 |   |   |   | 71 |   |   |   | 79 |   |
| Accounts payable and other accrued liabilities                                       |                                 |   | (2,474 | ) |   |   | 706 |   |   |   | (27,424 | ) |
| Accrued compensation and benefits                                                    |                                 |   | 8,493 |   |   |   | (15 | ) |   |   | (7,899 | ) |
| Net cash provided by operating activities                                            |                                 |   | 14,696 |   |   |   | 25,096 |   |   |   | 9,774 |   |
| Cash flows from investing activities:                                                |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Capital expenditures                                                                 |                                 |   | (5,384 | ) |   |   | (4,489 | ) |   |   | (8,187 | ) |
| Proceeds from sale of available for sale investments                                 |                                 |   | 1,157 |   |   |   | 464 |   |   |   | 705 |   |
| Purchases of available for sale investments                                          |                                 |   | (722 | ) |   |   | (308 | ) |   |   | (457 | ) |
| Proceeds from sale of net assets                                                     |                                 |   | 18,928 |   |   |   | 13,709 |   |   |   | 2,622 |   |
| Business acquisitions                                                                |                                 |   | --- |   |   |   | (3,473 | ) |   |   | (34,273 | ) |
| Investments in intangible assets                                                     |                                 |   | (331 | ) |   |   | (1,368 | ) |   |   | (828 | ) |
| Net cash provided by (used for) investing activities                                 |                                 |   | 13,648 |   |   |   | 4,535 |   |   |   | (40,418 | ) |
| Cash flows from financing activities:                                                |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Debt repayments                                                                      |                                 |   | (133,573 | ) |   |   | (117,176 | ) |   |   | (80,271 | ) |
| Debt proceeds                                                                        |                                 |   | 109,025 |   |   |   | 89,525 |   |   |   | 110,686 |   |
| Debt issuance costs                                                                  |                                 |   | (989 | ) |   |   | (494 | ) |   |   | (1,174 | ) |
| Common stock activities                                                              |                                 |   | (357 | ) |   |   | (486 | ) |   |   | 898 |   |
| Other financing activities                                                           |                                 |   | (982 | ) |   |   | (341 | ) |   |   | --- |   |
| Net cash (used for) provided by financing activities                                 |                                 |   | (26,876 | ) |   |   | (28,972 | ) |   |   | 30,139 |   |
| Effect of exchange rate changes on cash                                              |                                 |   | (1,857 | ) |   |   | 333 |   |   |   | (3,074 | ) |
| (Decrease) Increase in cash and cash equivalents                                     |                                 |   | (389 | ) |   |   | 992 |   |   |   | (3,579 | ) |
| Cash and cash equivalents at beginning of year                                       |                                 |   | 11,305 |   |   |   | 10,313 |   |   |   | 13,892 |   |
| Cash and cash equivalents at end of year                                             |                                 | $      | 10,916 |   |   | $ | 11,305 |   |   | $ | 10,313 |   |
|                                                                                 |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental Schedule of Cash Flow Information                                       |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Cash paid during the year for:                                                       |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Interest                                                                             |                                 | $      | 1,961 |   |   | $ | 3,475 |   |   | $ | 2,856 |   |
| Income taxes, net of refunds                                                         |                                 | $      | 4,551 |   |   | $ | 4,517 |   |   | $ | 4,456 |   |

----

Consolidated Statements of Changes in Shareholders' Equity

| In thousands of dollars and shares                                                          | IssuedCommonStockShares |   | CommonStock | Paid-inCapital |   | RetainedEarnings |   | TreasuryStock |   |   | Accum.Other Comp.Income (Loss) |   | Total   |    |   |
|---------------------------------------------------------------------------------------------|-------------------------|--------|-------------|----------------|--------|------------------|--------|---------------|--------|--------|--------------------------------|--------|---------|---------|--------|
| Balance as of April 30, 2008                                                                | 24,300                  |   |        | $              | 243    |             |   | $             | 75,472 |   |                           | $      | 95,426  |    | $      | (12,148 | ) |   |   | $ | 10,570 |   |   | $ | 169,563 |   |
| Net income                                                                                  | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | 2,236   |    |   | -- |   |   |   |   | -- |   |   |   | 2,236 |   |
| Currency translation adjustments                                                            | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | (25,709 | ) |   |   | (25,709 | ) |
| Unrealized gain on securities, net of reclassification adjustment of $2,423 and tax of $341 | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | 574 |   |   |   | 574 |   |
| Change in pension plans, net of tax of $1,172                                               | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | (1,973 | ) |   |   | (1,973 | ) |
| Change in derivative instruments, net of  tax of $440                                  | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | (741 | ) |   |   | (741 | ) |
| Comprehensive loss                                                                          |                    |   |        |           |   |             |   |          |   |   |                           |   |    |    |   |   |   |   |   |   |   |   |   |   | (25,613 | ) |
| Stock issued to Directors                                                                   | --                      |   |        |           | --     |             |   |          | (407   | )      |                           |   | --      |    |   | 617 |   |   |   |   | -- |   |   |   | 210 |   |
| Stock issued under employee plans, net                                                      | 131                     |   |        |           | 1      |             |   |          | 900    |   |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | 901 |   |
| Stock based compensation expense                                                            | --                      |   |        |           | --     |             |   |          | 2,032  |   |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | 2,032 |   |
| Restricted stock grants and cancellations, net of amortization                              | 743                     |   |        |           | 8      |             |   |          | 1,201  |   |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | 1,209 |   |
| Balance as of April 30, 2009                                                                | 25,174                  |   |        | $              | 252    |             |   | $             | 79,198 |   |                           | $      | 97,662  |    | $      | (11,531 | ) |   |   | $ | (17,279 | ) |   | $ | 148,302 |   |
| Net loss                                                                                    | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | (1,458  | )  |   | -- |   |   |   |   | -- |   |   |   | (1,458 | )  |
| Currency translation adjustments                                                            | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | 10,453 |   |   |   | 10,453 |   |
| Unrealized gain on securities, net of reclassification adjustment of $64 and tax of $350    | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | 590 |   |   |   | 590 |   |
| Change in pension plans, net of tax of $(2,128)                                             | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | (3,585 | ) |   |   | (3,585 | ) |
| Change in derivative instruments, net of tax of $262                                        | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | 440 |   |   |   | 440 |   |
| Comprehensive income                                                                        |                    |   |        |           |   |             |   |          |   |   |                           |   |    |    |   |   |   |   |   |   |   |   |   |   | 6,440 |   |
| Stock issued to Directors                                                                   | --                      |   |        |           | --     |             |   |          | (512   | )      |                           |   | --      |    |   | 676 |   |   |   |   | -- |   |   |   | 164 |   |
| Shares withheld for employee taxes, net                                                     | (74                     | )      |        |           | (1     | )                |   |          | (485   | )      |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | (486 | ) |
| Stock based compensation expense                                                            | --                      |   |        |           | --     |             |   |          | 1,557  |   |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | 1,557 |   |
| Restricted stock grants and cancellations, net of amortization                              | 550                     |   |        |           | 6      |             |   |          | 2,223  |   |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | 2,229 |   |
| Balance as of April 30, 2010                                                                | 25,650                  |   |        | $              | 257    |             |   | $             | 81,981 |   |                           | $      | 96,204  |    | $      | (10,855 | ) |   |   | $ | (9,381 | ) |   | $ | 158,206 |   |
| Net loss                                                                                    | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | (23,616 | )  |   | -- |   |   |   |   | -- |   |   |   | (23,616 | )  |
| Currency translation adjustments                                                            | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | 8,238 |   |   |   | 8,238 |   |
| Unrealized gain on securities, net reclassification adjustment of $161 and tax of $77       | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | 130 |   |   |   | 130 |   |
| Change in pension plans, net of tax of $493                                                 | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | 831 |   |   |   | 831 |   |
| Change in derivative instruments, net of tax of $178                                   | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | 301 |   |   |   | 301 |   |
| Currency translation impact of debt designated as hedge, net of tax of $(32)                | --                      |   |        |           | --     |             |   |          | --     |   |                           |   | --      |    |   | -- |   |   |   |   | (54 | ) |   |   | (54 | ) |
| Comprehensive loss                                                                          |                    |   |        |           |   |             |   |          |   |   |                           |   |    |    |   |   |   |   |   |   |   |   |   |   | (14,170 | ) |
| Stock issued to Directors                                                                   | --                      |   |        |           | --     |             |   |          | (503   | )      |                           |   | --      |    |   | 771 |   |   |   |   | -- |   |   |   | 268 |   |
| Shares withheld for employee taxes, net                                                     | (18                     | )      |        |           | --     |             |   |          | (357   | )      |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | (357 | ) |
| Stock based compensation expense                                                            | --                      |   |        |           | --     |             |   |          | 1,296  |   |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | 1,296 |   |
| Restricted stock grants and cancellations, net of amortization                              | (32                     | )      |        |           | (1     | )                |   |          | 2,979  |   |                           |   | --      |    |   | -- |   |   |   |   | -- |   |   |   | 2,978 |   |
| Balance as of April 30, 2011                                                                | 25,600                  |   |        | $              | 256    |             |   | $             | 85,396 |   |                           | $      | 72,588  |    | $      | (10,084 | ) |   |   | $ | 65 |   |   | $ | 148,221 |   |

----

Notes to Consolidated Financial Statements

----

----

| ·   | persuasive evidence of an arrangement exists; |
|--------------------|-----------------------------------------------|

| ·   | delivery has occurred or services have been rendered; |
|--------------------|-------------------------------------------------------|

| ·   | the price is fixed or determinable; and |
|--------------------|-----------------------------------------|

| ·   | collectability is reasonably assured. |
|--------------------|---------------------------------------|

----

| ·   | Installation.  Key inputs include installation-only orders, as well as the average time to complete installation for all equipment sales. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Training.  Fair value is determined using the sales price for training-only orders. |
|--------------------|-----------------------------------------------------------------------------------------------|

| ·   | Service.  Service contact revenue is recorded at fair value, based on separately priced contracts and stand-alone service orders. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

| In thousands | Balance at Beginning of Fiscal Year |   | Charges to Costs and Expenses1 |   | Deductions2 |   |   | Impact of Business Dispositions | Balance at End of Fiscal Year |   |
|--------------|------------------------------------------|--------|-------------------------------------|--------|-------------|--------|--------|---------------------------------|-------------------------------|--------|
| Fiscal 2011  |                                     | $      | 7,756                               |   |        | $      | 2,611  |                            |                          | $      | (2,579 | ) |   | $ |  (1,087 | ) |   | $ | 6,701 |   |
| Fiscal 2010  |                                     | $      | 6,741                               |   |        | $      | 4,305  |                            |                          | $      | (3,233 | ) |   | $ |  (57 | ) |   | $ | 7,756 |   |
| Fiscal 2009  |                                     | $      | 6,384                               |   |        | $      | 2,733  |                            |                          | $      | (2,376 | ) |   | $ | --- |   |   | $ | 6,741 |   |

|   | 2 Deductions include accounts receivable written off and recoveries. |
|--------|----------------------------------------------------------------------|

|                              |   | April 30, |   |
|-----------------------------------|--------|-----------|--------|
| In thousands                      |   | 2011      |   |   | 2010 |   |
| Raw materials and purchased parts |   | $         | 42,752 |   |   | $ | 49,400 |   |
| Work in process                   |   |      | 1,550  |   |   |   | 1,774 |   |
| Finished goods                    |   |      | 10,992 |   |   |   | 8,649 |   |
| Total inventories                 |   | $         | 55,294 |   |   | $ | 59,823 |   |

|                                     |   | April 30, |    |
|------------------------------------------|--------|-----------|---------|
| In thousands                             |   | 2011      |    |   | 2010 |   |
| Land                                     |   | $         | 1,110   |   |   | $ | 1,036 |   |
| Buildings                                |   |      | 34,532  |   |   |   | 33,128 |   |
| Machinery, tools and equipment           |   |      | 67,791  |   |   |   | 84,908 |   |
|                                     |   |      | 103,433 |   |   |   | 119,072 |   |
| Accumulated depreciation                 |   |      | (78,526 | ) |   |   | (90,454 | ) |
|                                     |   |      | 24,907  |   |   |   | 28,618 |   |
| Construction in progress                 |   |      | 5,809   |   |   |   | 3,605 |   |
| Total property, plant and equipment, net |   | $         | 30,716  |   |   | $ | 32,223 |   |

----

|  In thousands                                           |   | November 25, 2009 |   |
|--------------------------------------------------------------|--------|-------------------|--------|
| Assets acquired:                                             |   |              |   |
| Accounts receivable                                          |   | $                 | 194    |   |
| Prepaid expenses and other current assets                    |   |              | 12     |   |
| Goodwill                                                     |   |              | 3,653  |   |
| Other assets                                                 |   |              | 2,796  |   |
|      Total assets acquired          |   | $                 | 6,655  |   |
| Liabilities assumed:                                         |   |              |   |   |
| Accounts payable                                             |   |              | 33     |   |
| Other liabilities                                            |   |              | 158    |   |
| Deferred revenue                                             |   |              | 257    |   |
| Other long-term liabilities                                  |   |              | 1,021  |   |
|      Total liabilities assumed      |   | $                 | 1,469  |   |
| Net assets acquired                                          |   | $                 | 5,186  |   |
| Consideration:                                               |   |              |   |   |
|   Cash payment                                     |   | $                 | 2,012  |   |
|   Estimated fair value of contingent consideration |   |              | 3,174  |   |
| Total consideration                                          |   | $                 | 5,186  |   |

----

|  In thousands                                      |   | October 21, 2008 |   |
|---------------------------------------------------------|--------|------------------|--------|
| Assets acquired:                                        |   |             |   |
| Cash and cash equivalents                               |   | $                | 4,128  |   |
| Accounts receivable                                     |   |             | 6,940  |   |
| Inventories                                             |   |             | 8,756  |   |
| Prepaid and other assets                                |   |             | 615    |   |
| Property, plant and equipment                           |   |             | 1,831  |   |
| Goodwill                                                |   |             | 15,968 |   |
| Deferred tax assets                                     |   |             | 3,030  |   |
| Other assets                                            |   |             | 3,135  |   |
|      Total assets acquired     |   | $                | 44,403 |   |
| Liabilities assumed:                                    |   |             |   |   |
| Accounts payable                                        |   | $                | 2,499  |   |
| Accrued compensation and benefits                       |   |             | 2,893  |   |
| Other liabilities                                       |   |             | 5,599  |   |
| Deferred revenue                                        |   |             | 959    |   |
|      Total liabilities assumed |   | $                | 11,950 |   |
| Net assets acquired                                     |   | $                | 32,453 |   |

----

|                              |   | April 30, 2011      |   |                    | April 30, 2010 |   |
|-----------------------------------|--------|---------------------|--------|-------------------------|----------------|--------|
| In thousands                      |   | GrossCarryingAmount |   | AccumulatedAmortization |           |   | GrossCarryingAmount |   | AccumulatedAmortization |   |
| Amortized intangible assets:      |   |                |   |                    |           |   |   |   |   |   |   |   |
| Patents                           |   | $                   | 2,995  |                    |           | $      | 1,699 |   |   | $ | 7,732 |   |   | $ | 3,641 |   |
| Other                             |   |                | 8,729  |                    |           |   | 1,671 |   |   |   | 8,346 |   |   |   | 1,136 |   |
| Total amortized intangible assets |   | $                   | 11,724 |                    |           | $      | 3,370 |   |   | $ | 16,078 |   |   | $ | 4,777 |   |

----

| In thousands                                        | Sign Making& SpecialtyGraphics |   | Apparel &Industrial |   | OphthalmicLensProcessing1 |   |   | Total  |   |
|-----------------------------------------------------|------------------------------------|--------|-------------------------|--------|---------------------------|--------|--------|--------|--------|
| Balance as of April 30, 2009                        |                               |   |                    |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Gross goodwill                                      |                               | $      | 118,690                 |   |                      | $      | 34,207 |   |   | $ | 38,696 |   |   | $ | 191,593 |   |
| Accumulated impairment losses                       |                               |   | (92,953                 | )      |                      |   | ---    |   |   |   | (21,700 | ) |   |   | (114,653 | ) |
| Net balance as of April 30, 2009                    |                               |   | 25,737                  |   |                      |   | 34,207 |   |   |   | 16,996 |   |   |   | 76,940 |   |
| Goodwill acquired during the year from acquisitions |                               |   | 1,086                   |   |                      |   | 4,021  |   |   |   | --- |   |   |   | 5,107 |   |
| Goodwill related to the sale of a business          |                               |   | (1,009                  | )      |                      |   | (1,581 | )      |   |   | (108 | ) |   |   | (2,698 | ) |
| Effects of currency translation                     |                               |   | 1,541                   |   |                      |   | 2,764  |   |   |   | --- |   |   |   | 4,305 |   |
| Net balance as of April 30, 2010                    |                               |   | 27,355                  |   |                      |   | 39,411 |   |   |   | 16,888 |   |   |   | 83,654 |   |
| Effect of Gerber Innovations segment change         |                               |   | (1,112                  | )      |                      |   | 1,112  |   |   |   | --- |   |   |   | --- |   |
| Goodwill impairment                                 |                               |   | (5,928                  | )      |                      |   | ---    |   |   |   | (16,888 | ) |   |   | (22,816 | ) |
| Effects of currency translation                     |                               |   | 2,186                   |   |                      |   | 1,559  |   |   |   | --- |   |   |   | 3,745 |   |
| Net balance as of April 30, 2011                    |                               | $      | 22,501                  |   |                      | $      | 42,082 |   |   | $ | --- |   |   | $ | 64,583 |   |
| Net balance as of April 30, 2011 was comprised of:  |                               |   |                    |   |                      |   |   |   |   |   |   |   |   |   |   |   |
| Gross goodwill                                      |                               | $      | 121,382                 |   |                      | $      | 42,082 |   |   | $ | 38,588 |   |   | $ | 202,052 |   |
| Accumulated impairment losses                       |                               |   | (98,881                 | )      |                      |   | ---    |   |   |   | (38,588 | ) |   |   | (137,469 | ) |
| Net balance as of April 30, 2011                    |                               | $      | 22,501                  |   |                      | $      | 42,082 |   |   | $ | --- |   |   | $ | 64,583 |   |

|         |   | For the Fiscal Years Ended April 30, |   |
|--------------|--------|--------------------------------------|--------|
|         |   | 2011                                 |   |   | 2010 |   |
| In thousands |   | Cost                                 |   | UnrealizedGains |   | EstimatedFair Value |   |   | Cost |   |   | UnrealizedGains |   |   | EstimatedFair Value |   |
| Mutual fund  |   | $                                    | 2,387  |   |   | $ | 1,307 |   |   | $ | 3,694  |   |   | $ | 2,707 |   |   | $ | 1,099 |   |   | $ | 3,806  |   |

----

|                         |   | For the Fiscal Years Ended April 30, |   |
|------------------------------|--------|--------------------------------------|--------|
| In thousands                 |   | 2011                                 |   |   | 2010 |   |   | 2009 |   |
| Current:                     |   |                                 |   |   |   |   |   |   |   |   |   |   |
| Federal                      |   | $                                    | (24    | ) |   | $ | (83 | ) |   | $ | (270 | ) |
| State and local              |   |                                 | 111    |   |   |   | 85 |   |   |   | 95 |   |
| Foreign                      |   |                                 | 4,749  |   |   |   | 3,485 |   |   |   | 1,444 |   |
| Total current                |   |                                 | 4,836  |   |   |   | 3,487 |   |   |   | 1,269 |   |
| Deferred:                    |   |                                 |   |   |   |   |   |   |   |   |   |   |
| Federal                      |   |                                 | (5,153 | ) |   |   | (5,463 | ) |   |   | (4,330 | ) |
| State and local              |   |                                 | (88    | ) |   |   | (195 | ) |   |   | (106 | ) |
| Foreign                      |   |                                 | 662    |   |   |   | 1,515 |   |   |   | (2,501 | ) |
| Total deferred               |   |                                 | (4,579 | ) |   |   | (4,143 | ) |   |   | (6,937 | ) |
| Income tax expense (benefit) |   | $                                    | 257    |   |   | $ | (656 | ) |   | $ | (5,668 | ) |

|                                                              | For the Fiscal Years Ended April 30, |   |
|-------------------------------------------------------------------|--------------------------------------|--------|
|                                                              |                                 | 2011   |   |   | 2010 |   |   | 2009 |   |
| Statutory U.S. federal income tax rate                            |                                 |   | 35.0 | % |   |   | 35.0 | % |   |   | 35.0 |  % |
| State income taxes, net of US federal tax benefit                 |                                 |   | 0.2 |   |   |   | 8.7 |   |   |   | (1.5 | )  |
| Reversal of valuation allowance in France                         |                                 |   | --- |   |   |   | --- |   |   |   | 76.8 |   |
| Foreign tax differences and other valuation allowance adjustments |                                 |   | 27.8 |   |   |   | 60.2 |   |   |   | 2.8 |   |
| Impact of repatriation of foreign earnings                        |                                 |   | (52.6 | ) |   |   | 30.6 |   |   |   | (5.6 | ) |
| Belgian notional interest deduction                               |                                 |   | 2.7 |   |   |   | 16.8 |   |   |   | 8.0 |   |
| Research and development and other tax credits                    |                                 |   | 9.3 |   |   |   | 15.7 |   |   |   | 8.4 |   |
| Prior years’ adjustments                                    |                                 |   | 7.9 |   |   |   | (89.4 | )  |   |   | 13.7 |   |
| Nondeductible cost of acquisitions                                |                                 |   | --- |   |   |   | (12.4 | ) |   |   | --- |   |
| Nondeductible goodwill impairment                                 |                                 |   | (31.4 | ) |   |   | --- |   |   |   | --- |   |
| Equity based compensation adjustments                             |                                 |   | --- |   |   |   | (10.2 | ) |   |   | (4.3 | ) |
| Other foreign taxes                                               |                                 |   | (2.7 | ) |   |   | (8.4 | ) |   |   | (1.8 | ) |
| Other, net                                                        |                                 |   | (0.2 | )  |   |   | (5.0 | )  |   |   | 2.7 |   |
| Effective income tax rate                                         |                                 |   | (4.0 | )% |   |   | 41.6 | % |   |   | 134.2 | % |

----

|                              |               | April 30, 2011 |                    | April 30, 2010 |               |
|-----------------------------------|--------------------|----------------|-------------------------|----------------|--------------------|
| In thousands                      | DeferredTax Assets |           | Deferred TaxLiabilities |           | DeferredTax Assets |   | Deferred TaxLiabilities |   |
| Depreciation                      |               | $              | 1,647                   |           |               | $ | 1,348 |   | $ | 1,022 |   |   | $ | 1,599 |   |
| Patents                           |               |           | ---                     |           |               |   | 417 |   |   | --- |   |   |   | 1,471 |   |
| Employee benefit plans            |               |           | 14,150                  |           |               |   | 643 |   |   | 14,765 |   |   |   | 565 |   |
| Inventory                         |               |           | 5,610                   |           |               |   | 200 |   |   | 6,254 |   |   |   | 145 |   |
| Asset valuations                  |               |           | 13,379                  |           |               |   | 8,855 |   |   | 13,921 |   |   |   | 7,733 |   |
| Provisions for estimated expenses |               |           | 6,192                   |           |               |   | 18 |   |   | 4,435 |   |   |   | --- |   |
| Net operating losses              |               |           | 17,791                  |           |               |   | --- |   |   | 19,075 |   |   |   | --- |   |
| Credit carryforwards              |               |           | 13,718                  |           |               |   | --- |   |   | 10,491 |   |   |   | 270 |   |
| Other                             |               |           | 4,635                   |           |               |   | 658 |   |   | 4,455 |   |   |   | 1,134 |   |
|                              |               |           | 77,122                  |           |               |   | 12,139 |   |   | 74,418 |   |   |   | 12,917 |   |
| Valuation allowance               |               |           | (16,369                 | )              |               |   | --- |   |   | (17,118 | ) |   |   | --- |   |
|                              |               | $              | 60,753                  |           |               | $ | 12,139 |   | $ | 57,300 |   |   | $ | 12,917 |   |

|                                                | For the Fiscal Years Ended April 30, |    |
|-----------------------------------------------------|--------------------------------------|---------|
| In thousands                                        | 2011                                 |    |   | 2010 |   |   | 2009 |   |
| United States                                       | $                                    | (29,427 | ) |   | $ | (18,067 | ) |   | $ | (15,481 | ) |
| Foreign                                             |                                 | 23,017  |   |   |   | 16,489 |   |   |   | 11,256 |   |
| Loss from continuing operations before income taxes | $                                    | (6,410  | ) |   | $ | (1,578 | ) |   | $ | (4,225 | ) |

----

| In thousands | Balance atBeginning ofFiscal Year | Charges toIncomeTax Expense |   | Acquired ValuationAllowances |   | Deductions | 1     | Balance atEnd ofFiscal Year |   |
|--------------|-----------------------------------|-----------------------------|--------|------------------------------|--------|------------|-------|-----------------------------|--------|
| Fiscal 2011  |                              | $                           | 17,118 |                         |   | $          | 997   |                        |   | $ | --- |   |   | $ | (1,746 | ) |   | $ | 16,369 |   |
| Fiscal 2010  |                              | $                           | 14,182 |                         |   | $          | 3,573 |                        |   | $ | --- |   |   | $ | (637 | ) |   | $ | 17,118 |   |
| Fiscal 2009  |                              | $                           | 15,182 |                         |   | $          | 1,142 |                        |   | $ | 1,176 |   |   | $ | (3,318 | ) |   | $ | 14,182 |   |

| In thousands                                              |   | 2011  |   |   | 2010   |   |   | 2009   |   |
|-----------------------------------------------------------|--------|-------|--------|--------|--------|--------|--------|--------|--------|
| Beginning balance                                         | $      | 3,596 |   |   | $      | 3,422  |   | $      | 4,064  |   |
| Additions for tax positions related to the current year   |   | 426   |   |   |   | 786    |   |   | 140    |   |
| Additions for tax positions of prior years                |   | 189   |   |   |   | 98     |   |   | 37     |   |
| Reductions for tax positions of prior years               |   | (195  | )      |   |   | (652   | )      |   | (196   | ) |
| Reductions for lapse of applicable statutes of limitation |   | (497  | )      |   |   | (58    | )      |   | (623   | ) |
| Ending balance                                            | $      | 3,519 |   |   | $      | 3,596  |   | $      | 3,422  |   |

|                             | April 30, 2011  |   |   | April 30, |   |
|----------------------------------|-----------------|--------|--------|-----------|--------|
| In thousands                     | Effective rates |   |   | 2011      |   |   | 2010 |   |
| Short-term lines of credit       |            |   | 4.3    | %         |   | $ | 643 |   |   | $ | 1,146 |   |
| Revolving credit facility        |            |   | 2.6    | %         |   |   | 21,110 |   |   |   | 45,000 |   |
|                             |            |   |   |      |   |   | 21,753 |   |   |   | 46,146 |   |
| Less portion due within one year |            |   |   |      |   |   | (643 | ) |   |   | (1,146 | ) |
| Total long-term debt             |            |   |   |      |   | $ | 21,110 |   |   | $ | 45,000 |   |

----

| Total Funded Debt to Consolidated EBITDA Ratio | ABR Margin(basis points) | LIBOR and EURIBOR Margin(basis points) | Commitment Fee (basis points) |
|------------------------------------------------|--------------------------|----------------------------------------|-------------------------------|
| 2.50x and greater                              | 200.0                    | 300.0                                  | 50.0                          |
| 1.75x to less than 2.50x                       | 162.5                    | 262.5                                  | 37.5                          |
| 1.00x to less than 1.75x                       | 125.0                    | 225.0                                  | 25.0                          |
| Less than 1.00x                                | 87.5                     | 187.5                                  | 25.0                          |

----

----

----

|                                                    |                    |   | Liabilities |   |
|---------------------------------------------------------|-------------------------|--------|-------------|--------|
| In thousands                                            | Balance Sheet Location  |   | 2011        |   |   | 2010 |   |
| Derivatives designated as hedging instruments:          |                    |   |        |   |   |   |   |
|     Interest rate swap arrangements | Other liabilities  |   |  $     | ---    |   |   |  $ | 479 |   |
|                                                    |                    |   |        |   |   |   |   |   |   |
| Debt designated as hedging instrument:                  |                    |   |        |   |   |   |   |   |   |
|     Long-term debt                  | Long-term debt          |   | $           | 3,110  |   |   | $ | --- |   |

| In thousands                                                                                                      |   | 2011 |   |   | 2010   |   |
|-------------------------------------------------------------------------------------------------------------------|--------|------|--------|--------|--------|--------|
| Loss recognized in Accumulated other comprehensive income (loss) before tax effect                                |   | $    | 1,161  |   |   | $      | 407 |   |
| Loss reclassified from Accumulated other comprehensive income (loss) to Interest expense (effective portion) |   | $    | 496    |   |   | $      | 1,109 |   |
| Loss reclassified from Accumulated other comprehensive income (loss) to Other expense (effective portion)         |   | $    | 1,929  |   |   | $      | --- |   |

----

|                     | For the Fiscal Years Ended April 30,                                                                                                                                                                                   |      |
|--------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|
|                     | 2011                                                                                                                                                                                                                   | 2010      | 2009 |   |
| Expected option term1    | 6.0 years                                                                                                                                                                                                              | 5.7 years | 5.5 years |   |
| Expected volatility2     | 70.0%                                                                                                                                                                                                                  | 70.0%     | 46.3% |   |
| Risk-free interest rate3 | 1.4%                                                                                                                                                                                                                   | 2.3%      | 3.0% |   |
| 1                        | The expected option term is determined by analyzing the Company's historical experience.                                                                                                                               |      |
| 2                        | The stock volatility for each grant is measured using the weighted-average of historical daily price changes of the Company's common stock over the most recent period equal to the expected option life of the grant. |      |
| 3                        | The risk-free interest rate is based on the 5-year U.S. Treasury note yield in effect at the time of grant.                                                                                                       |      |

----

|                                     |  Shares(in thousands) |   |   | Weighted-averageExercisePrice |   | Weighted-averageRemainingContractualTerm |   | AggregateIntrinsicValue(in millions) |   |
|------------------------------------------|----------------------------|--------|--------|-------------------------------|--------|------------------------------------------|--------|--------------------------------------|--------|
| Outstanding as of April 30, 2010         |                       |   | 2,028  |                          |   |                                     | $      | 9.41                                 |   | 5.0 years |   |   | $ | 0.8 |   |
| Options granted                          |                       |   | 709    |                          |   |                                     | $      | 6.13                                 |   |   |   |   |   |   |   |
| Options exercised                        |                       |   | (129   | )                             |   |                                     | $      | 5.59                                 |   |   |   |   |   | 0.3 |   |
| Options cancelled                        |                       |   | (421   | )                             |   |                                     | $      | 10.91                                |   |   |   |   |   |   |   |
| Outstanding as of April 30, 2011         |                       |   | 2,187  |                          |   |                                     | $      | 8.28                                 |   | 6.3 years |   |   | $ | 3.9 |   |
| Options exercisable as of April 30, 2011 |                       |   | 1,330  |                          |   |                                     | $      | 9.49                                 |   | 4.4 years |   |   | $ | 1.2 |   |

|                                                   | For the Fiscal Years Ended April 30, |   |
|--------------------------------------------------------|--------------------------------------|--------|
|                                                   |                                 | 2011   |   |   | 2010 |   |   | 2009 |   |
| Restricted stock awarded (shares in thousands)         |                                 |   | 95 |   |   |   | 662 |   |   |   | 767 |   |
| Weighted-average fair value on date of grant per share |                                 | $      | 6.16 |   |   | $ | 6.18 |   |   | $ | 4.52 |   |

| In thousands except per share amounts |   | Shares |   | Weighted-averageFair Value |   |
|---------------------------------------|--------|--------|--------|----------------------------|--------|
| Nonvested as of April 30, 2010        |   |   | 1,252  |                       |   | $ | 5.78 |   |
| Granted                               |   |   | 95     |                       |   |   | 6.16 |   |
| Vested                                |   |   | (480   | )                          |   |   | 6.38 |   |
| Forfeited                             |   |   | (126   | )                          |   |   | 4.07 |   |
| Nonvested as of April 30, 2011        |   |   | 741    |                       |   | $ | 5.97 |   |

----

| In thousands                 |   | Foreign Currency Translation Adjustment |    |   | Unrealized Gain (Loss) on Available for Sale Securities |   |   | Net Gain (Loss) on Derivative Instruments |   |   | Minimum Pension Liability Adjustment |   |   | Translation Impact on Debt Designated as Hedge of Investment in Subsidiary |    |   |    Accumulated Other Comprehensive Income (Loss) |   |
|------------------------------|--------|-----------------------------------------|---------|--------|---------------------------------------------------------|--------|--------|-------------------------------------------|--------|--------|--------------------------------------|--------|--------|----------------------------------------------------------------------------|---------|--------|----------------------------------------------------------------------|--------|
| Balance as of April 30, 2008 |   | $                                       | 26,121  |   |                                                    | $      | (474   | )                                         |   | $      | ---                                  |   |   | $                                                                          | (15,077 | )      |                                                                 | $      | --- |   |   | $ | 10,570 |   |
| Fiscal 2009 activity         |   |                                    | (25,709 | )      |                                                    |   | 574    |                                      |   |   | (741                                 | )      |   |                                                                       | (1,973  | )      |                                                                 |   | --- |   |   |   | (27,849 | ) |
| Balance as of April 30, 2009 |   |                                    | 412     |   |                                                    |   | 100    |                                      |   |   | (741                                 | )      |   |                                                                       | (17,050 | )      |                                                                 |   | --- |   |   |   | (17,279 | ) |
| Fiscal 2010 activity         |   |                                    | 10,453  |   |                                                    |   | 590    |                                      |   |   | 440                                  |   |   |                                                                       | (3,585  | )      |                                                                 |   | --- |   |   |   | 7,898 |   |
| Balance as of April 30, 2010 |   |                                    | 10,865  |   |                                                    |   | 690    |                                      |   |   | (301                                 | )      |   |                                                                       | (20,635 | )      |                                                                 |   | --- |   |   |   | (9,381 | ) |
| Fiscal 2011 activity         |   |                                    | 8,238   |   |                                                    |   | 130    |                                      |   |   | 301                                  |   |   |                                                                       | 831     |   |                                                                 |   | (54 | ) |   |   | 9,446 |   |
| Balance as of April 30, 2011 |   | $                                       | 19,103  |   |                                                    | $      | 820    |                                      |   | $      | ---                                  |   |   | $                                                                          | (19,804 | )      |                                                                 | $      | (54 | ) |   | $ | 65 |   |

----

|                                                                                           |   | Qualified Plan |    |   | Nonqualified Plan |   |
|------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|------------------------|--------|
| In thousands                                                                                   |   | 2011                |    |   | 2010                   |   |   | 2011 |   |   | 2010 |   |
| Change in benefit obligation:                                                                  |   |                |    |   |                   |   |   |   |   |   |   |   |
| Benefit obligation at beginning of fiscal year                                                 |   | $                   | 109,098 |   |                   | $      | 89,612 |   |   | $ | 7,490 |   |   | $ | 6,608 |   |
| Interest cost                                                                                  |   |                | 6,191   |   |                   |   | 6,335 |   |   |   | 419 |   |   |   | 459 |   |
| Actuarial loss                                                                                 |   |                | 5,005   |   |                   |   | 17,396 |   |   |   | 372 |   |   |   | 974 |   |
| Benefits paid                                                                                  |   |                | (4,476  | )      |                   |   | (4,245 | ) |   |   | (541 | ) |   |   | (551 | ) |
| Benefit obligation at end of fiscal year                                                       |   | $                   | 115,818 |   |                   | $      | 109,098 |   |   | $ | 7,740 |   |   | $ | 7,490 |   |
|                                                                                           |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Change in plan assets:                                                                         |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of plan assets at beginning of year                                                 |   | $                   | 79,100  |   |                   | $      | 66,034 |   |   | $ | --- |   |   | $ | --- |   |
| Actual return on plan assets                                                                   |   |                | 12,277  |   |                   |   | 17,311 |   |   |   | --- |   |   |   | --- |   |
| Employer contributions                                                                         |   |                | 501     |   |                   |   | --- |   |   |   | 541 |   |   |   | 551 |   |
| Benefits paid                                                                                  |   |                | (4,476  | )      |                   |   | (4,245 | ) |   |   | (541 | ) |   |   | (551 | ) |
| Fair value of plan assets at end of fiscal year                                                |   | $                   | 87,402  |   |                   | $      | 79,100 |   |   | $ | --- |   |   | $ | --- |   |
| Funded status                                                                                  |   | $                   | (28,416 | )      |                   | $      | (29,998 | ) |   | $ | (7,740 | ) |   | $ | (7,490 | ) |
|                                                                                           |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Amounts recognized in balance sheets, before taxes:                                            |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Other accrued liabilities                                                                      |   | $                   | ---     |   |                   | $      | --- |   |   | $ | (563 | ) |   | $ | (556 | ) |
| Accrued pension benefit liability                                                              |   |                | (28,416 | )      |                   |   | (29,998 | ) |   |   | (7,177 | ) |   |   | (6,934 | ) |
| Net amount recognized                                                                          |   | $                   | (28,416 | )      |                   | $      | (29,998 | ) |   | $ | (7,740 | ) |   | $ | (7,490 | ) |
|                                                                                           |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Amounts recognized in Accumulated Other Comprehensive Income (Loss), before taxes, consist of: |   |                |    |   |                   |
| Net actuarial loss                                                                             |   | $                   | 29,748  |   |                   | $      | 31,417 |   |   | $ | 1,814 |   |   | $ | 1,467 |   |

|                                                            |   | Qualified Plan |    | Nonqualified Plan |   |
|-----------------------------------------------------------------|--------|---------------------|---------|------------------------|--------|
| In thousands                                                    |   | 2011                |    |                   | 2010   |   |   | 2011 |   |   | 2010 |   |
| Projected benefit obligation and accumulated benefit obligation |   | $                   | 115,818 |                   |   | $ | 109,098 |   |   | $ | 7,740 |   |   | $ | 7,490 |   |
| Fair value of plan assets                                       |   | $                   | 87,402  |                   |   | $ | 79,100 |   |   | $ | --- |   |   | $ | --- |   |

|                                                           | Qualified Plan                  |   | Nonqualified Plan               |   |
|----------------------------------------------------------------|--------------------------------------|--------|--------------------------------------|--------|
|                                                           | For the Fiscal Years Ended April 30, |   | For the Fiscal Years Ended April 30, |   |
| In thousands                                                   |                                 | 2011   |                                 |   | 2010 |   |   | 2009 |   |   | 2011 |   |   | 2010 |   |   | 2009 |   |
| Service cost                                                   |                                 | $      | ---                                  |   |   | $ | --- |   |   | $ | 2,289 |   |   | $ | --- |   |   | $ | --- |   |   | $ | 98 |   |
| Interest cost                                                  |                                 |   | 6,191                                |   |   |   | 6,335 |   |   |   | 6,622 |   |   |   | 419 |   |   |   | 459 |   |   |   | 458 |   |
| Expected return on plan assets                                 |                                 |   | (6,336                               | )      |   |   | (5,264 | ) |   |   | (6,838 | ) |   |   | --- |   |   |   | --- |   |   |   | --- |   |
| Amortization of:    Prior service cost (credit) |                                 |   | ---                                  |   |   |   | --- |   |   |   | 296 |   |   |   | --- |   |   |   | --- |   |   |   | (3 | ) |
| Actuarial loss                                                 |                                 |   | 733                                  |   |   |   | 611 |   |   |   | 970 |   |   |   | 25 |   |   |   | --- |   |   |   | 42 |   |
| Curtailment loss (gain)                                        |                                 |   | ---                                  |   |   |   | --- |   |   |   | 507 |   |   |   | --- |   |   |   | --- |   |   |   | (32 | ) |
| Net periodic benefit cost                                      |                                 | $      | 588                                  |   |   | $ | 1,682 |   |   | $ | 3,846 |   |   | $ | 444 |   |   | $ | 459 |   |   | $ | 563 |   |

----

|                                                                          |   | Qualified Plan |   | Nonqualified Plan |   |
|-------------------------------------------------------------------------------|--------|---------------------|--------|------------------------|--------|
| In thousands                                                                  |   | 2011                |   |                   | 2010   |   |   | 2011 |   |   | 2010 |   |
| Current year actuarial loss (gain)                                            |   | $                   | (937   | )                      |   | $ | 5,349 |   |   | $ | 372 |   |   | $ | 974 |   |
| Amortization of net actuarial loss                                            |   |                | (733   | )                      |   |   | (611 | ) |   |   | (25 | ) |   |   | --- |   |
|     Total recognized in other comprehensive income (loss) |   | $                   | (1,670 | )                      |   | $ | 4,738 |   |   | $ | 347 |   |   | $ | 974 |   |

| In thousands       | Qualified Plan |   | Nonqualified Plan |   |
|--------------------|---------------------|--------|------------------------|--------|
| Net actuarial loss |                | $      | 660                    |   |   | $ | 44 |   |

|                           |   | Qualified Plan |   |   | Nonqualified Plan |
|--------------------------------|--------|----------------|--------|--------|-------------------|
| Benefit Obligation Assumptions |   | 2011           |   |   | 2010              |   |   | 2011 |   |   | 2010 |   |
| Discount rate                  |   |           | 5.40   | %      |              |   | 5.80 | % |   |   | 5.40 | % |   |   | 5.80 | % |

|                           |   | Qualified Plan                  |   |   | Nonqualified Plan               |   |
|--------------------------------|--------|--------------------------------------|--------|--------|--------------------------------------|--------|
|                           |   | For the fiscal years ended April 30, |   |   | For the fiscal years ended April 30, |   |
| Net Cost Assumptions           |   | 2011                                 |   |   | 2010                                 |   |   | 2009 |   |   | 2011 |   |   | 2010 |   |   | 2009 |   |
| Discount rate                  |   |                                 | 5.80   | %      |                                 |   | 7.25 | % |   |   | 6.50 | % |   |   | 5.80 | % |   |   | 7.25 | % |   |   | 6.50 | % |
| Expected return on plan assets |   |                                 | 8.25   | %      |                                 |   | 8.25 | % |   |   | 8.25 | % |   |   | --- |   |   |   | --- |   |   |   | --- |   |
| Rate of compensation increase  |   |                                 | N/A    |   |                                 |   | N/A |   |   |   | 4.00 | % |   |   | N/A |   |   |   | N/A |   |   |   | 4.00 | % |

----

|                                  |   | April 30, 2011 |   |
|---------------------------------------|--------|----------------|--------|
|   In thousands              |   | Total          |   |   | Quotedprices inactivemarkets(Level 1) |   | Significantotherobservableinputs(Level 2) |   |   | Significantunobservableinputs(Level 3) |   |
| Money market funds                    |   | $              | 651    |   |   | $ | 651 |   |   | $ | --- |   |   | $ | --- |   |
| Equity securities                     |   |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   U.S. equity securities    |   |           | 34,371 |   |   |   | 34,371 |   |   |   | --- |   |   |   | --- |   |
|   Foreign equity securities |   |           | 19,016 |   |   |   | 19,016 |   |   |   | --- |   |   |   | --- |   |
| Fixed income securities               |   |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Government securities     |   |           | 10,249 |   |   |   | 10,249 |   |   |   | --- |   |   |   | --- |   |
|   U.S. corporate bonds      |   |           | 13,327 |   |   |   | 13,327 |   |   |   | --- |   |   |   | --- |   |
|   Foreign bonds             |   |           | 6,655  |   |   |   | 6,655 |   |   |   | --- |   |   |   | --- |   |
| Real estate mutual fund               |   |           | 3,133  |   |   |   | 3,133 |   |   |   | --- |   |   |   | --- |   |
|     Total         |   | $              | 87,402 |   |   | $ | 87,402 |   |   | $ | --- |   |   | $ | --- |   |

|                                  |   | April 30, 2010 |   |
|---------------------------------------|--------|----------------|--------|
|   In thousands              |   | Total          |   |   | Quotedprices inactivemarkets(Level 1) |   | Significantotherobservableinputs(Level 2) |   |   | Significantunobservableinputs(Level 3) |   |
| Cash and cash equivalents             |   | $              | 27     |   |   | $ | 27 |   |   | $ | --- |   |   | $ | --- |   |
| Money market funds                    |   |           | 964    |   |   |   | 964 |   |   |   | --- |   |   |   | --- |   |
| Equity securities                     |   |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   U.S. equity securities    |   |           | 30,778 |   |   |   | 30,778 |   |   |   | --- |   |   |   | --- |   |
|   Foreign equity securities |   |           | 10,324 |   |   |   | 10,324 |   |   |   | --- |   |   |   | --- |   |
|   Global equity securities  |   |           | 2,105  |   |   |   | 2,105 |   |   |   | --- |   |   |   | --- |   |
| Fixed income securities               |   |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Government securities     |   |           | 12,100 |   |   |   | 12,100 |   |   |   | --- |   |   |   | --- |   |
|   U.S. corporate bonds      |   |           | 16,512 |   |   |   | 16,512 |   |   |   | --- |   |   |   | --- |   |
|   Foreign corporate bonds   |   |           | 541    |   |   |   | 541 |   |   |   | --- |   |   |   | --- |   |
| Real estate mutual fund               |   |           | 5,749  |   |   |   | 5,749 |   |   |   | --- |   |   |   | --- |   |
|     Total         |   | $              | 79,100 |   |   | $ | 79,100 |   |   | $ | --- |   |   | $ | --- |   |

----

|                                 |   | 2011   |   |   | 2010   |   |
|--------------------------------------|--------|--------|--------|--------|--------|--------|
| Equity securities                    |   |   | 60     | %      |   |   | 55 | % |
| Fixed income securities              |   |   | 35     | %      |   |   | 37 | % |
| Real estate                          |   |   | 4      | %      |   |   | 7 | % |
| Other (primarily money market funds) |   |   | 1      | %      |   |   | 1 | % |
|                                 |   |   | 100    | %      |   |   | 100 | % |

| In thousands           | Qualified Plan |   | Nonqualified Plan |   |
|------------------------|----------------|--------|-------------------|--------|
| Fiscal Year 2012       |           | $      | 5,032             |   |   | $ | 563 |   |
| Fiscal Year 2013       |           | $      | 5,372             |   |   | $ | 569 |   |
| Fiscal Year 2014       |           | $      | 5,573             |   |   | $ | 577 |   |
| Fiscal Year 2015       |           | $      | 5,823             |   |   | $ | 597 |   |
| Fiscal Year 2016       |           | $      | 6,123             |   |   | $ | 596 |   |
| Fiscal Years 2017-2021 |           | $      | 34,107            |   |   | $ | 2,963 |   |

----

| In thousands                       |   | 2011   |   |
|------------------------------------|--------|--------|--------|
| Sign Making and Specialty Graphics |   |   |   |   |
|   Severance expenses     |   | $      | 1,540  |   |
|   Cash payments          |   |   | (316   | ) |
| Ending balance at April 30, 2011   |   | $      | 1,224  |   |
|                               |   |   |   |   |
| Apparel and Industrial             |   |   |   |   |
|   Severance expenses     |   |   | 3,422  |   |
|   Cash payments          |   |   | (622   | ) |
| Ending balance at April 30, 2011   |   | $      | 2,800  |   |

----

| In thousands                       |   | 2010   |   |
|------------------------------------|--------|--------|--------|
| Sign Making and Specialty Graphics |   |   |   |   |
|   Severance expenses     |   | $      | 231    |   |
|   Cash payments          |   |   | ---    |   |
| Ending balance at April 30, 2010   |   |   | 231    |   |
|   Cash payments          |   |   | (231   | ) |
| Ending balance at April 30, 2011   |   | $      | ---    |   |
|                               |   |   |   |   |
| Apparel and Industrial             |   |   |   |   |
|   Severance expenses     |   | $      | 639    |   |
|   Cash payments          |   |   | (362   | ) |
| Ending balance at April 30, 2010   |   |   | 277    |   |
|   Cash payments          |   |   | (277   | ) |
| Ending balance at April 30, 2011   |   | $      | ---    |   |
|                               |   |   |   |   |
| Corporate                          |   |   |   |   |
|   Severance expenses     |   | $      | 854    |   |
|   Cash payments          |   |   | (504   | ) |
| Ending balance at April 30, 2010   |   |   | 350    |   |
|   Cash payments          |   |   | (292   | ) |
| Ending balance at April 30, 2011   |   | $      | 58     |   |

| In thousands                                    |   | 2009   |   |
|-------------------------------------------------|--------|--------|--------|
| Sign Making and Specialty Graphics              |   |   |   |   |
|   Severance expenses                  |   | $      | 690    |   |
|   Cash payments                       |   |   | (669   | ) |
| Ending balance at April 30, 2009                |   |   | 21     |   |
|   Cash payments                       |   |   | (21    | ) |
| Ending balance at April 30, 2010 and 2011       |   | $      | ---    |   |
|                                            |   |   |   |   |
| Apparel and Industrial                          |   |   |   |   |
|   Severance expenses                  |   | $      | 1,026  |   |
|   Cash payments                       |   |   | (949   | ) |
| Ending balance at April 30, 2009                |   |   | 77     |   |
|   Cash payments                       |   |   | (77    | ) |
| Ending balance at April 30, 2010 and 2011       |   | $      | ---    |   |
|                                            |   |   |   |   |
| Corporate                                       |   |   |   |   |
|   Severance expenses                  |   | $      | 41     |   |
|   Cash payments                       |   |   | (41    | ) |
| Ending balance at April 30, 2009, 2010 and 2011 |   | $      | ---    |   |

----

|                                          | For the Fiscal Years Ended April 30, |   |
|-----------------------------------------------|--------------------------------------|--------|
| In thousands                                  |                                 | 2011   |   |   | 2010 |   |
| Beginning balance                             |                                 | $      | 2,250 |   |   | $ | 2,815 |   |
| Warranties issued in the current period       |                                 |   | 2,843 |   |   |   | 5,155 |   |
| Impact of business dispositions (See Note 19) |                                 |   | (368 | ) |   |   | (574 | ) |
| Reductions for costs incurred                 |                                 |   | (2,980 | ) |   |   | (5,146 | ) |
| Ending balance                                |                                 | $      | 1,745 |   |   | $ | 2,250 |   |

----

|                                               |   | April 30, 2011 |   |
|----------------------------------------------------|--------|----------------|--------|
|   In thousands                           |   | Total          |   |   | Quotedprices inactivemarkets(Level 1) |   | Significantotherobservableinputs(Level 2) |   |   | Significantunobservableinputs(Level 3) |   |
| Available for sale investments                     |   | $              | 3,694  |   |   | $ | 3,694 |   |   | $ | --- |   |   | $ | --- |   |
| Estimated fair value of contingent consideration   |   |           | (3,242 | )  |   |   | --- |   |   |   | --- |   |   |   | (3,242 | ) |
| Estimated fair value for lease liability guarantee |   |           | (700   | ) |   |   | --- |   |   |   | --- |   |   |   | (700 | ) |
|     Total                      |   | $              | (248   | )  |   | $ | 3,694 |   |   | $ | --- |   |   | $ | (3,942 | ) |

|                                               |   | April 30, 2010 |   |
|----------------------------------------------------|--------|----------------|--------|
|   In thousands                           |   | Total          |   |   | Quotedprices inactivemarkets(Level 1) |   | Significantotherobservableinputs(Level 2) |   |   | Significantunobservableinputs(Level 3) |   |
| Available for sale investments                     |   | $              | 3,806  |   |   | $ | 3,806 |   |   | $ | --- |   |   | $ | --- |   |
| Interest rate swap agreements                      |   |           | (479   | ) |   |   | --- |   |   |   | (479 | ) |   |   | --- |   |
| Estimated fair value of contingent consideration   |   |           | (3,174 | )  |   |   | --- |   |   |   | --- |   |   |   | (3,174 | ) |
| Estimated fair value for lease liability guarantee |   |           | (700   | ) |   |   | --- |   |   |   | --- |   |   |   | (700 | ) |
|     Total                      |   | $              | (547   | )  |   | $ | 3,806 |   |   | $ | (479 | ) |   | $ | (3,874 | ) |

----

|                                        |   | For the Fiscal Years Ended April 30, |    |
|---------------------------------------------|--------|--------------------------------------|---------|
| In thousands                                |   | 2011                                 |    |   | 2010 |   |   | 2009 |   |
| Revenue:                                    |   |                                 |    |   |   |   |   |   |   |
| Sign Making and Specialty Graphics:         |   |                                 |    |   |   |   |   |   |   |
| Gerber Scientific Products                  |   | $                                    | 37,922  |   |   | $ | 36,032 |   |   | $ | 48,004 |   |
| Spandex                                     |   |                                 | 228,063 |   |   |   | 211,981 |   |   |   | 224,960 |   |
| Sign Making and Specialty Graphics          |   |                                 | 265,985 |   |   |   | 248,013 |   |   |   | 272,964 |   |
| Apparel and Industrial                      |   |                                 | 196,546 |   |   |   | 165,226 |   |   |   | 172,421 |   |
| Intersegment revenue elimination            |   |                                 | (10     | ) |   |   | (972 | ) |   |   | --- |   |
| Consolidated revenue                        |   | $                                    | 462,521 |   |   | $ | 412,267 |   |   | $ | 445,385 |   |
| Operating (loss) income:                    |   |                                 |    |   |   |   |   |   |   |   |   |   |
| Sign Making and Specialty Graphics:         |   |                                 |    |   |   |   |   |   |   |   |   |   |
| Gerber Scientific Products                  |   | $                                    | (13,520 | ) |   | $ | (5,486 | ) |   | $ | (1,060 | ) |
| Spandex                                     |   |                                 | 18,998  |   |   |   | 12,461 |   |   |   | 10,459 |   |
| Sign Making and Specialty Graphics          |   |                                 | 5,478   |   |   |   | 6,975 |   |   |   | 9,399 |   |
| Apparel and Industrial                      |   |                                 | 17,936  |   |   |   | 18,289 |   |   |   | 15,334 |   |
| Unallocated                                 |   |                                 | (2,577  | ) |   |   | (3,142 | ) |   |   | (2,884 | ) |
| Segment operating income                    |   |                                 | 20,837  |   |   |   | 22,122 |   |   |   | 21,849 |   |
| Corporate operating expenses                |   |                                 | (8,873  | ) |   |   | (9,315 | ) |   |   | (10,901 | ) |
| Corporate unallocated company-wide expenses |   |                                 | (16,421 | ) |   |   | (10,809 | ) |   |   | (10,480 | ) |
| Consolidate operating (loss) income         |   | $                                    | (4,457  | ) |   | $ | 1,998 |   |   | $ | 468 |   |

----

| In thousands                  | United States |   |    | Europe |   | All Other |    |   | Total  |   |
|-------------------------------|---------------|--------|---------|--------|--------|-----------|---------|--------|--------|--------|
| 2011                          |          |   |    |   |   |      |    |   |   |   |   |   |
| Revenue                       |          | $      | 120,194 |   |   | $         | 227,822 |   |   | $      | 114,505 |   |   | $ | 462,521 |   |
| Property, plant and equipment |          | $      | 15,336  |   |   | $         | 13,696  |   |   | $      | 1,684 |   |   | $ | 30,716 |   |
|                          |          |   |    |   |   |      |    |   |   |   |   |   |   |   |   |   |
| 2010                          |          |   |    |   |   |      |    |   |   |   |   |   |   |   |   |   |
| Revenue                       |          | $      | 106,522 |   |   | $         | 210,743 |   |   | $      | 95,002 |   |   | $ | 412,267 |   |
| Property, plant and equipment |          | $      | 17,574  |   |   | $         | 12,847  |   |   | $      | 1,802 |   |   | $ | 32,223 |   |
|                          |          |   |    |   |   |      |    |   |   |   |   |   |   |   |   |   |
| 2009                          |          |   |    |   |   |      |    |   |   |   |   |   |   |   |   |   |
| Revenue                       |          | $      | 137,412 |   |   | $         | 233,874 |   |   | $      | 74,099 |   |   | $ | 445,385 |   |
| Property, plant and equipment |          | $      | 19,020  |   |   | $         | 15,101  |   |   | $      | 2,998 |   |   | $ | 37,119 |   |

| In thousands | Building andOffice Space |   | Machinery andEquipment |   |   | Total  |   |
|--------------|--------------------------|--------|------------------------|--------|--------|--------|--------|
| 2012         |                     | $      | 9,968                  |   |   | $      | 1,666  |   |   | $ | 11,634 |   |
| 2013         |                     |   | 8,686                  |   |   |   | 1,195  |   |   |   | 9,881 |   |
| 2014         |                     |   | 7,509                  |   |   |   | 676    |   |   |   | 8,185 |   |
| 2015         |                     |   | 6,091                  |   |   |   | 250    |   |   |   | 6,341 |   |
| 2016         |                     |   | 4,665                  |   |   |   | 71     |   |   |   | 4,736 |   |
| After 2017   |                     |   | 9,525                  |   |   |   | ---    |   |   |   | 9,525 |   |
|         |                     | $      | 46,444                 |   |   | $      | 3,858  |   |   | $ | 50,302 |   |

----

----

|                                              |   | For the Fiscal Year Ended April 30, |
|---------------------------------------------------|--------|-------------------------------------|
| In thousands                                      |   | 2011                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations              |   | $                                   | 29,636 |   |   | $ | 46,088 |   |   | $ | 53,555 |   |
| Pretax (loss) income from discontinued operations | $      | (16,394                             | ) |   | $ | 3,452 |   |   | $ | 5,005 |   |

----

|  In thousands                                 |   | December 31, 2010 |   |
|----------------------------------------------------|--------|-------------------|--------|
| Assets:                                            |   |              |   |
| Accounts receivable, net                           |   | $                 | 8,347  |   |
| Inventories                                        |   |              | 11,210 |   |
| Prepaid expenses and other current assets          |   |              | 253    |   |
|      Total current assets |   |              | 19,810 |   |
| Property, plant and equipment, net                 |   |              | 941    |   |
| Other assets                                       |   |              | 985    |   |
|      Total assets         |   | $                 | 21,736 |   |
| Liabilities:                                       |   |              |   |   |
| Accounts payable                                   |   | $                 | 2,696  |   |
| Accrued compensation and benefits                  |   |              | 419    |   |
| Other liabilities                                  |   |              | 793    |   |
| Deferred tax liabilities, net                      |   |              | 546    |   |
| Deferred revenue                                   |   |              | 396    |   |
|      Total liabilities    |   |              | 4,850  |   |
| Net assets                                         |   | $                 | 16,886 |   |

|                                              |   | For the Fiscal Year Ended April 30, |
|---------------------------------------------------|--------|-------------------------------------|
| In thousands                                      |   | 2011                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations              |   | $                                   | --- |   |   | $ | 5,973 |   |   | $ | 11,601 |   |
| Pretax (loss) income from discontinued operations | $      | (97                                 | ) |   | $ | 597 |   |   | $ | (1,089 | ) |

|  In thousands                                 |   | September 1, 2009 |   |
|----------------------------------------------------|--------|-------------------|--------|
| Assets:                                            |   |              |   |
| Accounts receivable, net                           |   | $                 | 3,069  |   |
| Inventories                                        |   |              | 3,848  |   |
| Prepaid and other assets                           |   |              | 66     |   |
|      Total current assets |   |              | 6,983  |   |
| Property, plant and equipment, net                 |   |              | 1,336  |   |
|      Total assets         |   | $                 | 8,319  |   |
| Liabilities:                                       |   |              |   |   |
| Accounts payable                                   |   | $                 | 1,142  |   |
| Accrued compensation and benefits                  |   |              | 488    |   |
| Other accrued liabilities                          |   |              | 1,577  |   |
| Other liabilities                                  |   |              | 229    |   |
|      Total liabilities    |   | $                 | 3,436  |   |
| Net assets                                         |   | $                 | 4,883  |   |

----

|                                     |   | For the Fiscal Year Ended April 30, |
|------------------------------------------|--------|-------------------------------------|
| In thousands                             |   | 2011                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations     |   | $                                   | --- |   |   | $ | 13,901 |   |   | $ | 32,252 |   |
| Pretax loss from discontinued operations | $      | (74                                 | ) |   | $ | (3,427 | ) |   | $ | (115 | ) |

|  In thousands                                 |   | September 30, 2009 |   |
|----------------------------------------------------|--------|--------------------|--------|
| Assets:                                            |   |               |   |
| Accounts receivable, net                           |   | $                  | 4,413  |   |
| Inventories                                        |   |               | 4,579  |   |
| Prepaid and other assets                           |   |               | 174    |   |
|      Total current assets |   |               | 9,166  |   |
| Property, plant and equipment, net                 |   |               | 720    |   |
| Other long-term assets                             |   |               | 60     |   |
|      Total assets         |   | $                  | 9,946  |   |
| Liabilities:                                       |   |               |   |   |
| Accounts payable                                   |   | $                  | 1,332  |   |
| Accrued compensation and benefits                  |   |               | 130    |   |
| Other accrued liabilities                          |   |               | 146    |   |
|      Total liabilities    |   | $                  | 1,608  |   |
| Net assets                                         |   | $                  | 8,338  |   |

|                                     |   | For the Fiscal Year Ended April 30, |
|------------------------------------------|--------|-------------------------------------|
| In thousands                             |   | 2011                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations     |   | $                                   | --- |   |   | $ | 1,234 |   |   | $ | 4,206 |   |
| Pretax loss from discontinued operations | $      | ---                                 |   |   | $ | (269 | ) |   | $ | (1,468 | ) |

|                                              |   | For the Fiscal Year Ended April 30, |
|---------------------------------------------------|--------|-------------------------------------|
| In thousands                                      |   | 2011                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations              |   | $                                   | --- |   |   | $ | 2,034 |   |   | $ | 1,827 |   |
| Pretax (loss) income from discontinued operations | $      | (128                                | ) |   | $ | 2 |   |   | $ | (216 | ) |

|                                              |   | For the Fiscal Year Ended April 30, |
|---------------------------------------------------|--------|-------------------------------------|
| In thousands                                      |   | 2011                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations              |   | $                                   | --- |   |   | $ | 3,570 |   |   | $ | 3,988 |   |
| Pretax income (loss) from discontinued operations | $      | 6                                   |   |   | $ | (859 | ) |   | $ | 407 |   |

----

----

----

|                                               |   | April 30, 2011                       |   |   | April 30, 2010 |   |   | April 30, 2009 |   |
|----------------------------------------------------|--------|--------------------------------------|--------|--------|----------------|--------|--------|----------------|--------|
| In thousands except per share amounts              |   | Loss from Continuing Operations |   |   | AverageShares  |   |   | PerShare       |   |   | Loss from Continuing Operations |   |   | AverageShares |   |   | PerShare |   |   | Income from Continuing Operations |   |   | AverageShares |   |   | PerShare |   |
| Basic (loss) earnings per   share   |   | $                                    | (6,667 | )      |           |   | 25,132 |           |   | $ | (0.27 | ) |   | $ | (922 | )  |   |   | 24,961 |   |   | $ | (0.04 | ) |   | $ | 1,443 |   |   |   | 24,065 |   |   | $ | 0.06 |   |
| Effect of dilutive options and awards         |   |                                 | ---    |   |           |   | ---    |           |   |   | --- |   |   |   | --- |   |   |   | --- |   |   |   | --- |   |   |   | --- |   |   |   | 74 |   |   |   | --- |   |
| Diluted (loss) earnings per   share |   | $                                    | (6,667 | )      |           |   | 25,132 |           |   | $ | (0.27 | ) |   | $ | (922 | ) |   |   | 24,961 |   |   | $ | (0.04 | ) |   | $ | 1,443 |   |   |   | 24,139 |   |   | $ | 0.06 |   |

| In thousands except per share amounts |   | FirstQuarter |    |   | SecondQuarter |   |    | ThirdQuarter |   |   | FourthQuarter |   |
|---------------------------------------|--------|--------------|---------|--------|---------------|--------|---------|--------------|--------|--------|---------------|--------|
| Fiscal 2011                           |   |         |    |   |          |   |    |         |   |   |          |   |
| Revenue                               |   | $            | 106,328 |   |          | $      | 117,540 |         |   | $      | 111,954       |   |   | $ | 126,699 |   |
| Gross profit                          |   | $            | 32,118  |   |          | $      | 35,179  |         |   | $      | 37,095        |   |   | $ | 38,371 |   |
| Net income (loss)                     |   | $            | 1,524   |   |          | $      | (16,107 | )            |   | $      | 1,728         |   |   | $ | (10,761 | ) |
| Earnings (Loss) per common share:     |   |         |    |   |          |   |    |         |   |   |          |   |   |   |   |   |
| Basic                                 |   | $            | 0.06    |   |          | $      | (0.64   | )            |   | $      | 0.07          |   |   | $ | (0.43 | ) |
| Diluted                               |   | $            | 0.06    |   |          | $      | (0.64   | )            |   | $      | 0.07          |   |   | $ | (0.43 | ) |
| Fiscal 2010                           |   |         |    |   |          |   |    |         |   |   |          |   |   |   |   |   |
| Revenue                               |   | $            | 98,644  |   |          | $      | 105,578 |         |   | $      | 99,221        |   |   | $ | 108,824 |   |
| Gross profit                          |   | $            | 28,253  |   |          | $      | 30,486  |         |   | $      | 29,763        |   |   | $ | 31,799 |   |
| Net income (loss)                     |   | $            | 514     |   |          | $      | 459     |         |   | $      | (809          | )      |   | $ | (1,622 | ) |
| Earnings (Loss) per common share:     |   |         |    |   |          |   |    |         |   |   |          |   |   |   |   |   |
| Basic                                 |   | $            | 0.02    |   |          | $      | 0.02    |         |   | $      | (0.03         | )      |   | $ | (0.06 | ) |
| Diluted                               |   | $            | 0.02    |   |          | $      | 0.02    |         |   | $      | (0.03         | )      |   | $ | (0.06 | ) |

----

SIGNATURES

| GERBER SCIENTIFIC, INC. |
|-------------------------|
| (Registrant)            |
|                    |   |   |
| June 29, 2011           |   | By: | /s/  Michael R. Elia                              |
|                    |   |   | Michael R. EliaExecutive Vice President, Chief Financial Officer (Chief Accounting Officer and Principal Financial Officer) |

| Date          | Signature                | Title                                                                         |
|---------------|--------------------------|-------------------------------------------------------------------------------|
| June 29, 2011 | /s/ Marc T. Giles        | President, Chief Executive Officer and Director (Principal Executive Officer) |
|          | (Marc T. Giles)          |                                                                          |
|          |                     |                                                                          |
| June 29, 2011 | /s/ Donald P. Aiken      | Director, Chairman                                                            |
|          | (Donald P. Aiken)        |                                                                          |
|          |                     |                                                                          |
| June 29, 2011 | /s/ Randall D. Ledford   | Director                                                                      |
|          | (Randall D. Ledford)     |                                                                          |
|          |                     |                                                                          |
| June 29, 2011 | /s/ John R. Lord         | Director                                                                      |
|          | (John R. Lord)           |                                                                          |
|          |                     |                                                                          |
| June 29, 2011 | /s/ James A. Mitarotonda | Director                                                                      |
|          | (James A. Mitarotonda)   |                                                                          |
|          |                     |                                                                          |
| June 29, 2011 | /s/ Javier Perez         | Director                                                                      |
|          | (Javier Perez)           |                                                                          |
|          |                     |                                                                          |
| June 29, 2011 | /s/ Carole F. St. Mark   | Director                                                                      |
|          | (Carole F. St. Mark)     |                                                                          |
|          |                     |                                                                          |
| June 29, 2011 | /s/ W. Jerome Vereen     | Director                                                                      |
|          | (W. Jerome Vereen)       |                                                                          |

----