| 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      1934 For      the fiscal year ended April 30, 2008 or ¨  TRANSITION REPORT      PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 For      the transition period from      ___________ to ___________ Commission      file number:  1-5865                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 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.)  |
| 83      Gerber Road West, South Windsor, Connecticut(Address      of principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | 06074(Zip      Code) |
|  Registrant's      telephone number, including area code:  (860)      644-1551                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 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      x                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 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      x                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 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 x   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.  o                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 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 x                         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      x                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| The      aggregate market value of Gerber Scientific, Inc. common stock held by      non-affiliates as of October 31, 2007, which was the last business day of      the registrant's most recently completed second quarter, based on the      reported closing price on the New York Stock Exchange on such date, was      approximately $254,836,000.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 23,712,684      shares of common stock of the registrant were outstanding as of May 31,      2008, exclusive of treasury shares.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| DOCUMENTS      INCORPORATED BY REFERENCE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Portions      of the 2008 definitive Proxy Statement for the 2008 annual meeting of      shareholders of the registrant, which is expected to be filed within 120      days following the end of the fiscal year covered by this report, are      incorporated by reference into Part IIIhereof.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

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| GERBER      SCIENTIFIC, INC.Index      to Annual Reporton      Form 10-KFiscal      Year Ended April 30, 2008 |
|---------------------------------------------------------------------------------------------------------------|
| PART      I                                                                                                   | PAGE |
|                                                                                                          |   |   |
| Item      1.                                                                                                  | Business | 4-14 |
| Item      1A.                                                                                                 | Risk Factors | 14-20 |
| Item      1B.                                                                                                 | Unresolved Staff Comments | 20 |
| Item      2                                                                                                   | Properties | 20 |
| Item      3.                                                                                                  | Legal Proceedings | 21 |
| Item      4.                                                                                                  | Submission of Matters to a Vote of Security      Holders | 21 |
|                                                                                                          | Executive Officers of the      Registrant | 22 |
|                                                                                                          |   |   |
| PART      II                                                                                                  |   |
|                                                                                                          |   |   |
| Item      5.                                                                                                  | Market for Registrant's Common Equity, Related Stockholder      Matters and Issuer Purchases of Equity Securities | 23-24 |
| Item      6.                                                                                                  | Selected Financial Data | 25 |
| Item      7.                                                                                                  | Management's Discussion and Analysis of Financial Condition      and Results of Operations | 26-42 |
| Item      7A.                                                                                                 | Quantitative and Qualitative Disclosures About Market      Risk | 42 |
| Item      8.                                                                                                  | Financial Statements and Supplementary    Data | 43 |
| Item      9.                                                                                                  | Changes in and Disagreements With Accountants on Accounting      and Financial Disclosure | 43 |
| Item      9A.                                                                                                 | Controls and Procedures | 43 |
| Item      9B.                                                                                                 | Other Information | 43 |
|                                                                                                          |   |   |
| PART      III                                                                                                 |   |
|                                                                                                          |   |   |
| Item      10.                                                                                                 | Directors, Executive Officers and Corporate      Governance | 44 |
| Item      11.                                                                                                 | Executive Compensation | 44 |
| Item      12.                                                                                                 | Security Ownership of Certain Beneficial Owners and      Management and Related Stockholder Matters | 44 |
| Item      13.                                                                                                 | Certain Relationships and Related Transactions, and      Director Independence | 44 |
| Item      14.                                                                                                 | Principal Accounting Fees and Services | 44 |
|                                                                                                          |   |   |
| PART      IV                                                                                                  |   |
|                                                                                                          |   |   |
| Item      15.                                                                                                 | Exhibits, Financial StatementSchedules | 45-77 |
|                                                                                                          |   |   |
| Signatures                                                                                                    | 78 |

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ITEM 1.  BUSINESS

|                                    |                                        | For      the fiscal year ended April 30, 2008 |                            |
|-----------------------------------------|---------------------------------------------|-----------------------------------------------|---------------------------------|
| Operating      Segment                  | Principal      Business                     |                                          | Revenue (in      millions) |   | Percent      ofRevenue |   |
| Sign      Making and Specialty Graphics | Gerber      Scientific Products and Spandex |                                          |                            | $ | 361.1 |   |   |   | 56 | % |
| Apparel      and Flexible Materials     | Gerber      Technology                      |                                          |                            |   | 207.9 |   |   |   | 33 | % |
| Ophthalmic      Lens Processing         | Gerber      Coburn                          |                                          |                            |   | 71.0 |   |   |   | 11 | % |
|                                    |                                        |                                          |                            | $ | 640.0 |   |   |   | 100 | % |

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| ·   | conceptual      design, advanced CAD pattern-making and marking/nesting      software; |
|--------------------|----------------------------------------------------------------------------------------|

| ·   | pattern      design digitizers and large formatplotters; |
|--------------------|----------------------------------------------------------|

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

| ·   | product      lifecycle management ("PLM") and product data management ("PDM") software,      which are enterprise-wide applications used by apparel brands and      retailers for global management of product activities, and which      facilitate communication of measurement specifications, construction      details, costing and bill of material information among apparel and other      flexible materials designers, raw materials suppliers, makers of the      materials and retailers; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | aftermarket      spare parts and consumable materials;and |
|--------------------|-----------------------------------------------------------|

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

| Apparel      and retail                |   |   | 66 | % |
|----------------------------------------|--------|--------|----|---|
| Industrial      fabrics and composites |   |   | 14 | % |
| Transportation      interiors          |   |   | 11 | % |
| Furniture                              |   |   | 9  | % |

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|                                    |   | April      30, |   |
|-----------------------------------------|--------|----------------|--------|
| In      thousands                       |   | 2008           |   |   | 2007 |   |
| Sign      Making and Specialty Graphics |   | $              | 3,462  |   |   | $ | 1,557 |   |
| Apparel      and Flexible Materials     |   |           | 43,435 |   |   |   | 43,197 |   |
| Ophthalmic      Lens Processing         |   |           | 1,440  |   |   |   | 2,600 |   |
|                                    |   | $              | 48,337 |   |   | $ | 47,354 |   |

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ITEM 1A.  RISK FACTORS

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| ·   | acquisitions      may place significant strain on management, financial and other resources      by requiring the company to expend a substantial amount of time and      resources in the pursuit of acquisitions that may not completed, or to      devote significant attention to the various integration efforts of any      newly acquired businesses, all of which will require the allocation of      limited resources; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | acquisitions      may not have an immediate positive impact on the company's cash flows or      results of operations because of transaction-related expenses or higher      operating and administrative expenses that may be incurred in the periods      immediately following an acquisition as the company seeks to integrate the      acquired business into itsoperations; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the      company may not be able to eliminate as many redundant costs as      anticipated; |
|--------------------|--------------------------------------------------------------------------------------------|

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

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

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

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

| ·   | imposition      of or increases in currency exchangecontrols; |
|--------------------|---------------------------------------------------------------|

| ·   | potential      inflation in the applicable foreigneconomies; |
|--------------------|--------------------------------------------------------------|

| ·   | 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 fromsubsidiaries. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------|

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

| ·   | changes      in the level of global corporate spending on technologies related 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 the company or the      company's competitors; |
|--------------------|---------------------------------------------------------------------------------------------------------------------|

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

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

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

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

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

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

| ·   | excess      facilities. |
|--------------------|-------------------------|

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ITEM 1B.  UNRESOLVED STAFF COMMENTS

ITEM 2.  PROPERTIES

| Type      of Facility                                          |                                                                                                                                                                                                                                        | Location | Square      Feet |
|----------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|------------------|
|                                                           |                                                                                                                                                                                                                                        |     |
| Corporate      headquarters / manufacturing / office (L) (1,3) | South      Windsor, Connecticut                                                                                                                                                                                                             | 250,000  |
| Manufacturing      / office (O) (1,2,3)                        | Tolland,      Connecticut                                                                                                                                                                                                                   | 224,000  |
| Manufacturing      / office (L) (4,5)                          | Manchester,      Connecticut                                                                                                                                                                                                                | 118,000  |
| Manufacturing      / office (O) (1)                            | Lancaster,      England                                                                                                                                                                                                                     | 125,000  |
| Manufacturing      / office (L) (2)                            | Ikast,      Denmark                                                                                                                                                                                                                         | 64,000   |
| Manufacturing      / office (O) (1)                            | Achern,      Germany                                                                                                                                                                                                                        | 56,000   |
| Warehouse      / sales and service office (L) (1,5)            | Bristol,      England                                                                                                                                                                                                                       | 110,000  |
| Warehouse      / sales and service office (O) (4)              | Adelaide,      Australia                                                                                                                                                                                                                    | 17,000   |
| Warehouses      / sales and service offices (L) (1,2,3)        | Various                                                                                                                                                                                                                                     | 596,000  |
|                                                           |                                                                                                                                                                                                                                        |     |
| (O)                                                            | Company-owned                                                                                                                                                                                                                               |
| (L)                                                            | Leased                                                                                                                                                                                                                                      |
|                                                           |                                                                                                                                                                                                                                        |
| (1)                                                            | Sign      Making and Specialty Graphics                                                                                                                                                                                                     |
| (2)                                                            | Apparel      and Flexible Materials                                                                                                                                                                                                         |
| (3)                                                            | Ophthalmic      Lens Processing                                                                                                                                                                                                             |
| (4)                                                            | Unoccupied.  Australia      facility is held for sale as of April 30, 2008.                                                                                                                                                       |
| (5)                                                            | As      of April 30, 2008, the Company sublet 49,100 square feet in Manchester,      Connecticut and 32,585 square feet in Bristol, England to independent      third parties.  These subleases expire over various      periods. |

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ITEM 3.  LEGAL PROCEEDINGS

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITYHOLDERS

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EXECUTIVE OFFICERS OF THE REGISTRANT

| Name                         | Age    | Position      as of April 30, 2008and      Date of Initial Appointment                                                              |   | Other      Business Experience Since April 30, 2003                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Marc      T. Giles           | 52     | President      and Chief Executive Officer (November 29, 2001)                                                                      |   | ---                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Michael      R. Elia         | 49     | Executive      Vice President and Chief Financial Officer (April 15,2008)                                                           |   | 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; Owner, private financial and marketing services consulting      company (May 2003 - December 2004); Senior Vice President and Chief      Financial Officer, Insilco Holding Company (June 1999 - April 2003), a      diversified manufacturer of electronic and telecommunications      components. |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| James      S. Arthurs        | 64     | Senior      Vice President (September 30, 2002); President Asia-Pacific, Gerber      Scientific, Inc. (February 1, 2005)            |   | President,      Gerber Technology (September 2002 - January 2005)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| William      V. Grickis, Jr. | 57     | Senior      Vice President and General Counsel (October 1, 2003); Secretary (November      20, 2003)                                |   | Private      legal practice (May 2002 - September 2003)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| John      R. Hancock         | 61     | Senior      Vice President (December 7, 2001); President, Gerber Technology (February      1, 2005)                                 |   | President,      Gerber Coburn Optical (December 2001 - February 2005)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| John      D. Henderson       | 47     | Vice      President, Project Management Office (May 1, 2006)                                                                        |   | Executive      Director, Project Management Office (July 2004 - April 2006);Director,      Customer Service - Americas (January 2003 - June  2004)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Alex      F. Incera          | 44     | General      Manager, Gerber Coburn (January 23, 2008)                                                                              |   | Executive      Director of Marketing, Gerber Coburn (October 2006 – January 2008); Vice      President of Engineering, Gerber Coburn (March 1999-October      2006)                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| John      J. Krawczynski     | 36     | Vice      President, Chief Accounting Officer and Corporate Controller (September 5,      2005)                                     |   | Controller,      Lydall, Inc. (May 2004 - August 2005), manufacturer of thermal/acoustical      and filtration/separation products; Assistant Controller, Lydall, Inc.      (November 2001 - April 2004)                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Rodney      W. Larson        | 50     | Senior      Vice President (May 1, 2007); President, Spandex (July 1,      2007)                                                    |   | President,      Gerber Coburn (March 2006); Independent consultant (2005 – April 2007);      VP, Sales and Marketing, Key Technology (2003 - 2005) developer of      automated inspection, sorting and material conveying solutions for process      industries                                                                                                                                                                                                                                                                                                                                                                               |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Stephen      P. Lovass       | 38     | Senior      Vice President; President, Gerber Scientific Products (February 11, 2008);      President, Gerber Coburn (July 1, 2007) |   | Vice      President; President, Spandex (November 2006); Interim Group Managing      Director, Spandex Ltd. (February 2005 - November 2006); VP, Marketing and      Business Development, Spandex Ltd. (April 2004 - February 2005); Executive      Director, Product Management and Marketing, Gerber Technology (May 2001 -      March 2004)                                                                                                                                                                                                                                                                                                      |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Joseph      R. Mele          | 56     | Senior      Vice President, Operations (January 2, 2008)                                                                            |   | Partner,      Lean Horizons Consulting (January 2006 - December 2007); Partner,      Accenture (February 1998 – December 2005), global management consulting,      technology services and outsourcing company                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                         |   |                                                                                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Jay      Wickliff            | 56     | Vice      President; Global Human Resources (September 1, 2006)                                                                     |   | Executive      Director, Human Resources (January 2002 - September  2006)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

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ITEM 5.  

|                |   | High   |   |   | Low    |   |   | Close  |   |
|---------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Fiscal      2008    |   |   |   |   |   |   |   |   |   |
| First      Quarter  |   | $      | 13.25  |   |   | $      | 9.76   |   |   | $ | 10.38 |   |
| Second      Quarter |   | $      | 11.94  |   |   | $      | 9.74   |   |   | $ | 11.05 |   |
| Third      Quarter  |   | $      | 11.24  |   |   | $      | 8.25   |   |   | $ | 8.80 |   |
| Fourth      Quarter |   | $      | 9.68   |   |   | $      | 7.56   |   |   | $ | 9.27 |   |
| Fiscal      2007    |   |   |   |   |   |   |   |   |   |   |   |   |
| First      Quarter  |   | $      | 15.59  |   |   | $      | 9.55   |   |   | $ | 15.33 |   |
| Second      Quarter |   | $      | 16.80  |   |   | $      | 13.17  |   |   | $ | 14.61 |   |
| Third      Quarter  |   | $      | 14.99  |   |   | $      | 11.33  |   |   | $ | 12.33 |   |
| Fourth      Quarter |   | $      | 12.98  |   |   | $      | 9.86   |   |   | $ | 10.01 |   |

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|                                                                                                                       |   | Apr-03 |   |   | Apr-04 |   |   | Apr-05 |   |   | Apr-06 |   |   | Apr-07 |   |   | Apr-08 |   |
|----------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Gerber      Scientific Inc.                                                                                                |   | $      | 100    |   |   | $      | 73     |   |   | $      | 86     |   |   | $      | 126    |   |   | $      | 121 |   |   | $ | 112 |   |
| S&P      SmallCap 600 ©                                                                                           |   | $      | 100    |   |   | $      | 140    |   |   | $      | 155    |   |   | $      | 203    |   |   | $      | 219 |   |   | $ | 199 |   |
| Dow      Jones US Electronic Equipment Index                                                                               |   | $      | 100    |   |   | $      | 145    |   |   | $      | 138    |   |   | $      | 193    |   |   | $      | 205 |   |   | $ | 214 |   |
| Copyright      © 2007, Standard & Poor's, a division of The McGraw-Hill Companies,      Inc. All rights reserved. |   |

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ITEM 6.  SELECTED FINANCIAL DATA

|                                                                                 |   | For      the Fiscal Years Ended April 30, |    |
|--------------------------------------------------------------------------------------|--------|-------------------------------------------|---------|
| In      thousands except per share amounts                                           |   | 2008                                      |    |   | 2007 |   |   | 2006 |   |   | 2005 |   |   | 2004 |   |
| Revenue                                                                              |   | $                                         | 640,017 |   |   | $ | 574,798 |   |   | $ | 530,418 |   |   | $ | 517,322 |   |   | $ | 516,816 |   |
| Income      (loss) before cumulative effect of a change in accounting      principle |   | $                                         | 14,504  |   |   | $ | 13,508 |   |   | $ | 2,984 |   |   | $ | (5,638 | ) |   | $ | 4,581 |   |
| Per      common share:                                                               |   |                                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                                |   | $                                         | 0.62    |   |   | $ | 0.59 |   |   | $ | 0.13 |   |   | $ | (0.25 | ) |   | $ | 0.21 |   |
| Diluted                                                                              |   | $                                         | 0.61    |   |   | $ | 0.58 |   |   | $ | 0.13 |   |   | $ | (0.25 | ) |   | $ | 0.20 |   |
| Net      income (loss)                                                               |   | $                                         | 14,504  |   |   | $ | 13,508 |   |   | $ | 2,644 |   |   | $ | (5,638 | ) |   | $ | 4,581 |   |
| Per      common share:                                                               |   |                                      |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                                |   | $                                         | 0.62    |   |   | $ | 0.59 |   |   | $ | 0.12 |   |   | $ | (0.25 | ) |   | $ | 0.21 |   |
| Diluted                                                                              |   | $                                         | 0.61    |   |   | $ | 0.58 |   |   | $ | 0.12 |   |   | $ | (0.25 | ) |   | $ | 0.20 |   |
| Total      assets                                                                    |   | $                                         | 378,539 |   |   | $ | 335,962 |   |   | $ | 310,480 |   |   | $ | 313,319 |   |   | $ | 291,290 |   |
| Long-term      debt (includes current maturities)                                    |   | $                                         | 42,000  |   |   | $ | 31,836 |   |   | $ | 7,120 |   |   | $ | 45,742 |   |   | $ | 59,021 |   |
| Shareholders'      equity                                                            |   | $                                         | 169,563 |   |   | $ | 144,481 |   |   | $ | 125,616 |   |   | $ | 115,715 |   |   | $ | 117,441 |   |

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ITEM 7. 

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

| ·   | 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 the Company's products andservices; |
|--------------------|-----------------------------------------------------|

| ·   | the      impact of recently enacted and proposed international environmental laws      on the Company's internationalrevenue; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

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

| ·   | 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 futurecontributions. |
|--------------------|--------------------------------------------------------|

| ·   | Overview and Outlook -      a brief summary of fiscal 2008 and expectations for future      periods. |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | Results of Operations      and Segment      Review - an analysis of the Company's consolidated results of      operations for the three years presented in the consolidated financial      statements and by reportablesegment. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Financial Condition -      an analysis of the Company's liquidity and capital resources, cash flows,      off-balance sheet arrangements, aggregate contractual obligations, and an      overview of the financial position. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Critical Accounting Estimates      - a description of accounting policies that require critical      judgment and estimates. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Sign      Making and Specialty Graphics (including both Gerber Scientific Products      and Spandex business units), |
|--------------------|----------------------------------------------------------------------------------------------------------------------|

| ·   | Apparel      and Flexible Materials (Gerber Technology)and |
|--------------------|------------------------------------------------------------|

| ·   | Ophthalmic      Lens Processing segment (GerberCoburn). |
|--------------------|---------------------------------------------------------|

|                                    | For      the Fiscal Years Ended April 30, |   |
|-----------------------------------------|-----------------------------------------------------|--------|
| In      thousands                       |                                                | 2008   |   |   | 2007 |   |   | 2006 |   |
| Sign      Making and Specialty Graphics |                                                | $      | 361,086 |   |   | $ | 302,087 |   |   | $ | 276,277 |   |
| Apparel      and Flexible Materials     |                                                |   | 207,945 |   |   |   | 196,164 |   |   |   | 182,808 |   |
| Ophthalmic      Lens Processing         |                                                |   | 70,986 |   |   |   | 76,547 |   |   |   | 71,333 |   |
|                                    |                                                | $      | 640,017 |   |   | $ | 574,798 |   |   | $ | 530,418 |   |

----

|                                              | For      the Fiscal Years Ended April 30, |   |
|---------------------------------------------------|-----------------------------------------------------|--------|
|                                              |                                                | 2008   |   |   | 2007 |   |   | 2006 |   |
| Gross      profit margin                          |                                                |   | 29.1 | % |   |   | 30.0 | %  |   |   | 30.3 | %  |
| Selling,      general and administrative expenses |                                                |   | (21.2 | )% |   |   | (21.7 | )% |   |   | (22.2 | )% |
| Research      and development                     |                                                |   | (4.1 | )% |   |   | (4.2 | )% |   |   | (4.7 | )% |
| Restructuring      charges                        |                                                |   | --- |   |   |   | --- |   |   |   | --- |   |
| Operating      income                             |                                                |   | 3.8 | % |   |   | 4.1 | %  |   |   | 3.4 | %  |

|                                              | For      the Fiscal Years Ended April 30, |   |
|---------------------------------------------------|-----------------------------------------------------|--------|
| In      thousands                                 |                                                | 2008   |   |   | 2007 |   |   | 2006 |   |
| Revenue                                           |                                                | $      | 640,017 |   |   | $ | 574,798 |   |   | $ | 530,418 |   |
| Cost      of sales                                |                                                |   | 453,484 |   |   |   | 402,424 |   |   |   | 369,902 |   |
| Gross      profit                                 |                                                |   | 186,533 |   |   |   | 172,374 |   |   |   | 160,516 |   |
| Selling,      general and administrative expenses |                                                |   | 136,247 |   |   |   | 124,460 |   |   |   | 118,053 |   |
| Research      and development                     |                                                |   | 26,187 |   |   |   | 24,282 |   |   |   | 24,878 |   |
| Restructuring      charges                        |                                                |   | --- |   |   |   | --- |   |   |   | (231 | ) |
| Operating      income                             |                                                | $      | 24,099 |   |   | $ | 23,632 |   |   | $ | 17,816 |   |

----

|                                |   | For      the Fiscal Years Ended April 30, |    |
|-------------------------------------|--------|-------------------------------------------|---------|
| In      thousands                   |   | 2008                                      |    |   | 2007 |   |   | 2006 |   |
| Equipment      and software revenue |   | $                                         | 205,180 |   |   |   | 32 | % |   | $ | 192,166 |   |   |   | 33 | % |   | $ | 176,270 |   |   |   | 33 | % |
| Aftermarket      supplies revenue   |   |                                      | 360,765 |   |   |   | 56 | % |   |   | 316,975 |   |   |   | 55 | % |   |   | 292,085 |   |   |   | 55 | % |
| Service      revenue                |   |                                      | 74,072  |   |   |   | 12 | % |   |   | 65,657 |   |   |   | 12 | % |   |   | 62,063 |   |   |   | 12 | % |
| Revenue                             |   | $                                         | 640,017 |   |   |   | 100 | % |   | $ | 574,798 |   |   |   | 100 | % |   | $ | 530,418 |   |   |   | 100 | % |

|                                    | For      the Fiscal Years Ended April 30, |       |
|-----------------------------------------|-------------------------------------------|------------|
|                                    |                                      | 2008  |   |   | 2007 |   |   | 2006 |   |
| Sign      Making and Specialty Graphics |                                      |       | 56 | % |   |   | 53 | % |   |   | 52 | % |
| Apparel      and Flexible Materials     |                                      |       | 33 | % |   |   | 34 | % |   |   | 35 | % |
| Ophthalmic      Lens Processing         |                                      |       | 11 | % |   |   | 13 | % |   |   | 13 | % |
|                                    |                                      |       | 100 | % |   |   | 100 | % |   |   | 100 | % |

----

|               |   | For      the Fiscal Years Ended April 30, |    |
|--------------------|--------|-------------------------------------------|---------|
| In      thousands  |   | 2008                                      |    |   | 2007 |   |   | 2006 |   |
| North      America |   | $                                         | 208,225 |   |   |   | 32.5 | % |   | $ | 197,451 |   |   |   | 34.4 | % |   | $ | 206,391 |   |   |   | 38.9 | % |
| Europe             |   |                                      | 292,252 |   |   |   | 45.7 | % |   |   | 243,564 |   |   |   | 42.4 | % |   |   | 214,169 |   |   |   | 40.4 | % |
| Rest      of World |   |                                      | 139,540 |   |   |   | 21.8 | % |   |   | 133,783 |   |   |   | 23.2 | % |   |   | 109,858 |   |   |   | 20.7 | % |
|               |   | $                                         | 640,017 |   |   |   | 100.0 | % |   | $ | 574,798 |   |   |   | 100.0 | % |   | $ | 530,418 |   |   |   | 100.0 | % |

|                     | For      the Fiscal Years Ended April 30, |   |
|--------------------------|-----------------------------------------------------|--------|
| In      thousands        |                                                | 2008   |   |   | 2007 |   |   | 2006 |   |
| Gross      profit        |                                                | $      | 186,533 |   |   | $ | 172,374 |   |   | $ | 160,516 |   |
| Gross      profit margin |                                                |   | 29.1 | % |   |   | 30.0 | % |   |   | 30.3 | % |

----

|                                              |   | For      the Fiscal Years Ended April 30, |    |
|---------------------------------------------------|--------|-------------------------------------------|---------|
| In      thousands                                 |   | 2008                                      |    |   | 2007 |   |   | Change |   |   | 2007 |   |   | 2006 |   |   | Change |   |
| Selling,      general and administrative expenses |   | $                                         | 136,247 |   |   | $ | 124,460 |   |   |   | 9.5 | % |   | $ | 124,460 |   |   | $ | 118,053 |   |   |   | 5.4 | % |

|                                   |   | For      the Fiscal Years Ended April 30, |   |
|----------------------------------------|--------|-------------------------------------------|--------|
| In      thousands                      |   | 2008                                      |   |   | 2007 |   |   | Change |   |   | 2007 |   |   | 2006 |   |   | Change |   |
| Research      and development expenses |   | $                                         | 26,187 |   |   | $ | 24,282 |   |   |   | 7.8 | % |   | $ | 24,282 |   |   | $ | 24,878 |   |   |   | 2.4 | % |

|                             | For      the Fiscal Years Ended April 30, |   |
|----------------------------------|-------------------------------------------|--------|
| In      thousands                |                                      | 2008   |   |   | 2007 |   |   | 2006 |   |
| Other      income (expense), net |                                      | $      | 818 |   |   | $ | 524 |   |   | $ | (1,669 | ) |

----

|                                                 | For      the Fiscal Years Ended April 30, |   |
|------------------------------------------------------|-------------------------------------------|--------|
| In      thousands                                    |                                      | 2008   |   |   | 2007 |   |   | 2006 |   |
| Interest      expense                                |                                      | $      | 3,822 |   |   | $ | 3,530 |   |   | $ | 4,481 |   |
| Weighted-average      credit facility interest rates |                                      |   | 8.6 | % |   |   | 9.5 | % |   |   | 11.0 | % |

|                    | For      the Fiscal Years Ended April 30, |   |
|-------------------------|-------------------------------------------|--------|
|                    |                                      | 2008   |   |   | 2007 |   |   | 2006 |   |
| Effective      tax rate |                                      |   | 30.1 | % |   |   | 34.5 | % |   |   | 67.5 | % |

----

|                  |   | For      the Fiscal Years Ended April 30, |    |
|-----------------------|--------|-------------------------------------------|---------|
|                  |   | 2008                                      |    |   | 2007 |   |   | 2006 |   |
| In      thousands     |   | GSP                                       |    |   | Spandex |   |   | Total |   |   | GSP |   |   | Spandex |   |   | Total |   |   | GSP |   |   | Spandex |   |   | Total |   |
| Revenue               |   | $                                         | 102,689 |   |   | $ | 258,397 |   |   | $ | 361,086 |   |   | $ | 89,357 |   |   | $ | 212,730 |   |   | $ | 302,087 |   |   | $ | 89,798 |   |   | $ | 186,479 |   |   | $ | 276,277 |   |
| Operating      profit |   | $                                         | 1,376   |   |   | $ | 10,592 |   |   | $ | 11,968 |   |   | $ | 5,199 |   |   | $ | 6,419 |   |   | $ | 11,618 |   |   | $ | 7,008 |   |   | $ | 4,323 |   |   | $ | 11,331 |   |

----

|                          | For      the Fiscal Years Ended April 30, |   |
|-------------------------------|-------------------------------------------|--------|
| In      thousands             |                                      | 2008   |   |   | 2007 |   |   | 2006 |   |
| Segment      revenue          |                                      | $      | 207,945 |   |   | $ | 196,164 |   |   | $ | 182,808 |   |
| Segment      operating profit |                                      | $      | 26,681 |   |   | $ | 27,601 |   |   | $ | 22,958 |   |

----

|                          | For      the Fiscal Years Ended April 30, |   |
|-------------------------------|-------------------------------------------|--------|
| In      thousands             |                                      | 2008   |   |   | 2007  |   |   | 2006 |   |
| Segment      revenue          |                                      | $      | 70,986 |   |   | $ | 76,547  |   |   | $ | 71,333 |   |
| Segment      operating profit |                                      | $      | 3,434 |   |   | $ | 2,913  |   |   | $ | 676 |   |

|                              | For      the Fiscal Years Ended April 30, |   |
|-----------------------------------|-------------------------------------------|--------|
| In      thousands                 |                                      | 2008   |   |   | 2007 |   |   | 2006 |   |
| Corporate      operating expenses |                                      | $      | 17,984 |   |   | $ | 18,500 |   |   | $ | 17,149 |   |

----

|                                                           |   | April      30, |    |
|----------------------------------------------------------------|--------|----------------|---------|
| In      thousands except ratio amounts                         |   | 2008           |    |   | 2007 |   |
| Cash      and cash equivalents                                 |   | $              | 13,892  |   |   | $ | 8,052 |   |
| Working      capital                                           |   | $              | 106,005 |   |   | $ | 81,125 |   |
| Total      debt                                                |   | $              | 42,000  |   |   | $ | 33,376 |   |
| Net      debt (total debt less cash and cash equivalents) |   | $              | 28,108  |   |   | $ | 25,324 |   |
| Shareholders'      equity                                      |   | $              | 169,563 |   |   | $ | 144,481 |   |
| Total      capital (net debt plus shareholders' equity)        |   | $              | 197,671 |   |   | $ | 169,805 |   |
| Current      ratio                                             |   | 1.89:1         |    |   | 1.71:1 |   |
| Net      debt-to-total capital ratio                           |   |           | 14.2    | % |   |   | 14.9 | % |

|                                                      | For      the Fiscal Years Ended April 30, |   |
|-----------------------------------------------------------|-------------------------------------------|--------|
| In      thousands                                         |                                      | 2008   |   |   | 2007 |   |   | 2006 |   |
| Net      cash provided by operating activities            |                                      | $      | 10,205 |   |   | $ | 272 |   |   | $ | 24,646 |   |
| Net      cash used for investing activities               |                                      | $      | (13,764 | ) |   | $ | (5,901 | ) |   | $ | (7,266 | ) |
| Net      cash provided by (used for) financing activities |                                      | $      | 7,986 |   |   | $ | 117 |   |   | $ | (8,288 | ) |

----

----

----

|                                             |   | Payments      Due by Period |    |
|--------------------------------------------------|--------|-----------------------------|---------|
| In      thousands                                |   | Total                       |    | Less      Than1      Year |   | 1-3      Years |   | 3-5      Years |   | More      than5      Years |   |
| Long-term      debt obligations                  |   | $                           | 42,000  | * |   | $ | --- |   |   | $ | --- |   |   | $ | 36,000 | * |   | $ | 6,000 | * |
| Lease      obligations                           |   |                        | 66,798  |   |   |   | 12,180 |   |   |   | 17,000 |   |   |   | 12,526 |   |   |   | 25,092 |   |
| Inventory      and other purchase obligations    |   |                        | 12,204  |   |   |   | 11,608 |   |   |   | 596 |   |   |   | --- |   |   |   | --- |   |
| Qualified      and non-qualified pension funding |   |                        | 11,157  |   |   |   | 6,603 |   |   |   | 1,104 |   |   |   | 1,064 |   |   |   | 2,386 |   |
| Total                                            |   | $                           | 132,159 |   |   | $ | 30,391 |   |   | $ | 18,700 |   |   | $ | 49,590 |   |   | $ | 33,478 |   |

----

----

----

ITEM 7A.

----

ITEM 8. 

ITEM 9.

ITEM 9A. 

ITEM 9B. 

----

ITEM 10.

ITEM 11. 

ITEM 12. 

ITEM 13.

ITEM 14.

----

ITEM 15.

|                                                                  |                                                                                                                                                                                         | Page   |
|-----------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Management's Report on Internal Control over Financial      Reporting | 48                                                                                                                                                                                           |
| 1.                                                                    | Financial      Statements:                                                                                                                                                                   |   |
|                                                                  | Report of Independent Registered Public Accounting      Firm                                                                                                                                 | 49     |
|                                                                  | Consolidated Statements of Operations for the fiscal      years ended April 30, 2008, 2007 and 2006                                                                                          | 50     |
|                                                                  | Consolidated Balance Sheets as of April 30, 2008 and      2007                                                                                                                               | 51     |
|                                                                  | Consolidated Statements of Cash Flows for the fiscal      years ended April 30, 2008, 2007 and 2006                                                                                          | 52     |
|                                                                  | Consolidated Statement of Changes in      Shareholders' Equity for each of the three fiscal years in the period      ended April 30, 2008                                                    | 53     |
|                                                                  | Notes to Consolidated Financial    Statements                                                                                                                                                | 54-77  |
|                                                                  |                                                                                                                                                                                         |
| 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 |
|                                                                  | 3.1                                                                                                                                                                                          |   | Amended      and Restated Certificate of Incorporation of Gerber Scientific, Inc. (the      "Company") (incorporated herein by reference to Exhibit 3.1 to the      Company'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 the Company's Current Report on Form 8-K filed      on May 1, 2007). |
|                                                                  |                                                                                                                                                                                         |
|                                                                  | 4.1                                                                                                                                                                                          |   | Form      of common stock certificate of Gerber Scientific, Inc. (incorporated      herein by reference to Exhibit 4.1 to the Company'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 (incorporated herein by reference to Exhibit 10.1 to the      Company's Quarterly Report on Form 10-Q for the fiscal quarter ended      October 31, 2006). |
|                                                                  |                                                                                                                                                                                         |
|                                                                  | 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 the      Company'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 the Company's Current      Report on Form 8-K filed on December 2, 2005). |
|                                                                  |                                                                                                                                                                                         |
|                                                                  | 10.4                                                                                                                                                                                         |   | Gerber      Scientific, Inc. 2006 Omnibus Incentive Plan (incorporated herein by      reference to Exhibit 10.2 to the Company's Quarterly Report on Form 10-Q      for the fiscal quarter ended October 31, 2006). |
|                                                                  |                                                                                                                                                                                         |
|                                                                  | 10.5                                                                                                                                                                                         |   | 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 the      Company's Quarterly Report on Form 10-Q for the fiscal quarter ended      January 31, 2002). |

----

|   |                                                                                                                                                                                                                                                                                                                                             |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.6   | Letter      Agreement, dated as of March 14, 2008, between Gerber Scientific, Inc. and      Michael R. Elia.  Filed herewith.                                                                                                                                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.7   | Form      of Restricted Stock Agreement under the Gerber Scientific, Inc. 2006      Omnibus Incentive Plan (incorporated herein by reference to Exhibit 99.1      to the Company's Current Report on Form 8-K filed on November 9,      2006).                                                                                                   |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.8   | Form      of Nonqualified Stock Option Agreement under the Gerber Scientific, Inc.      2006 Omnibus Incentive Plan (incorporated herein by reference to Exhibit      99.2 to the Company's Current Report on Form 8-K filed on November 9,      2006).                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.9   | 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      the Company's Annual Report on Form 10-K for the fiscal year ended April      30, 2003).                                                                             |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.10  | Letter      Agreement, dated as of December 7, 2001, between Gerber Scientific, Inc.      and John R. Hancock (incorporated herein by reference to Exhibit 10.8 to      the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended      January 31, 2002).                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.11  | Form      of Change in Control Agreement, dated July 14, 1999, between Gerber      Scientific, Inc. and its Senior Vice Presidents, including Marc T. Giles      (incorporated herein by reference to Exhibit 10.2 to the Company's      Quarterly Report on Form 10-Q for the fiscal quarter ended July 31,      1999).                         |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.12  | 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 the Company's Annual Report on Form 10-K for the fiscal      year ended April 30, 2007).                                                               |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.13  | 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 the Company's Quarterly Report on      Form 10-Q for the fiscal quarter ended January 31,  2001).                                |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.14  | 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      the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended      July 31, 2001). |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.15  | Gerber      Scientific, Inc. and Participating Subsidiaries Supplemental Pension      Benefit Plan (incorporated herein by reference to Exhibit 10.5 to the      Company's Annual Report on Form 10-K for the fiscal year ended April 30,      1999).                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.16  | Gerber      Scientific, Inc. 1992 Employee Stock Plan, as amended and restated      (incorporated herein by reference to Exhibit A to the Company's Proxy      Statement on Schedule 14A filed on August 28, 1995).                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.17  | Gerber      Scientific, Inc. 2003 Employee Stock Option Plan, as amended and restated      (incorporated herein by reference to Exhibit 10.17 to the Company's Annual      Report on Form 10-K for the fiscal year ended April 30,    2007).                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.18  | Gerber      Scientific, Inc. 2005-2006 Executive Annual Incentive Bonus Plan      (incorporated herein by reference to Exhibit 4.3 to the Company's      Registration Statement on Form S-8, File No.  333-116991).                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                             |
| 10.19  | Letter      Agreement, dated as of October 1, 2004, between Gerber Scientific, Inc.      and William V. Grickis, Jr. (incorporated herein by reference to Exhibit      10.3 to the Company's Quarterly Report on Form 10-Q for the fiscal quarter      ended October 31, 2004).                                                                  |

----

|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.20  | 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      the Company's Annual Report on Form 10-K for the fiscal year ended April      30, 2004).                                                                                                                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.21  | 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 the Company's Quarterly Report on Form 10-Q for the fiscal      quarter ended October 31, 2004).                                                                                                                                                                                                                                                                                   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.22  | Form      of Restricted Stock Agreement pursuant to the Gerber Scientific, Inc. 2003      Employee Stock Option Plan (incorporated herein by reference to Exhibit      10.2 to the Company's Quarterly Report on Form 10-Q for the fiscal quarter      ended October 31, 2004).                                                                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.23  | 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 the Company's Quarterly Report on Form 10-Q for the fiscal      quarter ended October 31, 2004).                                                                                                                                                                                                                                                                                       |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.24  | Change      in Control Agreement, dated April 15, 2008, between Gerber Scientific,      Inc. and Michael R. Elia.  Filed herewith.                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.25  | Credit      Agreement, dated as of January 31, 2008, among Gerber Scientific, Inc.,      certain subsidiaries of Gerber Scientific, Inc., JP Morgan Chase Bank      N.A., HSBC Bank USA, National Association, Merrill Lynch Capital      Corporation, Bank of America, N.A., Sovereign Bank as documentation agent,      Citizens Bank of Massachusetts as administrative agent, and RBS Greenwich      Capital as sole lead arranger (incorporated herein by reference to Exhibit      10.1 to the Company's Current Report on Form 8-K filed on February 6,      2008). |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.26  | Letter      Agreement, dated as of November 3, 2007, between Gerber Scientific, Inc.      and Joseph R. Mele.  Filed herewith.                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 10.27  | Change      in Control Agreement, dated March 4, 2008, between Gerber Scientific, Inc.      and Joseph R. Mele.  Filed herewith.                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 21.1   | Subsidiaries      of the Company.  Filed herewith.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 23.1   | Consent      of PricewaterhouseCoopers LLP, 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.                                                                                                                                                                                                                                                                                                                                                                                      |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 99.1   | Supplemental      Segment Information. Filed herewith.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| (b)    | See      Item 15(a) 3. above.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (c)    | See      Item 15(a) 2. above.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

----

Management's Report on Internal Control Over FinancialReporting

----

Report of Independent Registered Public AccountingFirm

----

Consolidated Statements of Operations

|                                                                                                 | For      the Fiscal Years Ended April 30, |   |
|------------------------------------------------------------------------------------------------------|-------------------------------------------|--------|
| In      thousands of dollars, except per share data                                                  |                                      | 2008   |   |   | 2007 |   |   | 2006 |   |
| Revenue:                                                                                             |                                      |   |   |   |   |   |   |   |   |
| Product      sales                                                                                   |                                      | $      | 565,945 |   |   | $ | 509,141 |   |   | $ | 468,355 |   |
| Service      sales                                                                                   |                                      |   | 74,072 |   |   |   | 65,657 |   |   |   | 62,063 |   |
|                                                                                                 |                                      |   | 640,017 |   |   |   | 574,798 |   |   |   | 530,418 |   |
| Costs      and Expenses:                                                                             |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Cost      of products sold                                                                           |                                      |   | 403,776 |   |   |   | 362,215 |   |   |   | 331,920 |   |
| Cost      of services sold                                                                           |                                      |   | 49,708 |   |   |   | 40,209 |   |   |   | 37,982 |   |
| Selling,      general and administrative expenses                                                    |                                      |   | 136,247 |   |   |   | 124,460 |   |   |   | 118,053 |   |
| Research      and development                                                                        |                                      |   | 26,187 |   |   |   | 24,282 |   |   |   | 24,878 |   |
| Restructuring      charges                                                                           |                                      |   | --- |   |   |   | --- |   |   |   | (231 | ) |
|                                                                                                 |                                      |   | 615,918 |   |   |   | 551,166 |   |   |   | 512,602 |   |
|                                                                                                 |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Operating      income                                                                                |                                      |   | 24,099 |   |   |   | 23,632 |   |   |   | 17,816 |   |
|                                                                                                 |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Other      income (expense), net                                                                     |                                      |   | 818 |   |   |   | 524 |   |   |   | (1,669 | ) |
| Loss      on early extinguishment of debt                                                            |                                      |   | (343 | ) |   |   | --- |   |   |   | (2,483 | ) |
| Interest      expense                                                                                |                                      |   | (3,822 | ) |   |   | (3,530 | ) |   |   | (4,481 | ) |
|                                                                                                 |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Income      before income taxes                                                                      |                                      |   | 20,752 |   |   |   | 20,626 |   |   |   | 9,183 |   |
| Income      tax expense                                                                              |                                      |   | 6,248 |   |   |   | 7,118 |   |   |   | 6,199 |   |
| Income      before cumulative effect of a change in accounting    principle                          |                                      |   | 14,504 |   |   |   | 13,508 |   |   |   | 2,984 |   |
| Cumulative      effect of a change in accounting principle, net of tax benefit of $140      (Note 1) |                                      |   | --- |   |   |   | --- |   |   |   | (340 | ) |
| Net      income                                                                                      |                                      | $      | 14,504 |   |   | $ | 13,508 |   |   | $ | 2,644 |   |
|                                                                                                 |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Earnings      Per Share of Common Stock:                                                             |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Basic:                                                                                               |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Income      before cumulative effect of a change in accounting    principle                          |                                      | $      | 0.62 |   |   | $ | 0.59 |   |   | $ | 0.13 |   |
| Cumulative      effect of a change in accounting principle                                           |                                      |   | --- |   |   |   | --- |   |   |   | (0.01 | ) |
| Net      income                                                                                      |                                      | $      | 0.62 |   |   | $ | 0.59 |   |   | $ | 0.12 |   |
|                                                                                                 |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Diluted:                                                                                             |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Income      before cumulative effect of a change in accounting    principle                          |                                      | $      | 0.61 |   |   | $ | 0.58 |   |   | $ | 0.13 |   |
| Cumulative      effect of a change in accounting principle                                           |                                      |   | --- |   |   |   | --- |   |   |   | (0.01 | ) |
| Net      income                                                                                      |                                      | $      | 0.61 |   |   | $ | 0.58 |   |   | $ | 0.12 |   |

----

Consolidated Balance Sheets

|                                                                                                     |   | April      30, |    |
|----------------------------------------------------------------------------------------------------------|--------|----------------|---------|
| In      thousands of dollars and shares                                                                  |   | 2008           |    |   | 2007 |   |
| Assets:                                                                                                  |   |           |    |   |   |   |
| Current      Assets:                                                                                     |   |           |    |   |   |   |
| Cash      and cash equivalents                                                                           |   | $              | 13,892  |   |   | $ | 8,052 |   |
| Accounts      receivable (net of allowance for doubtful accounts of $6,384 and      $7,012)              |   |           | 120,752 |   |   |   | 106,421 |   |
| Inventories                                                                                              |   |           | 76,927  |   |   |   | 65,299 |   |
| Deferred      tax assets                                                                                 |   |           | 7,600   |   |   |   | 8,969 |   |
| Prepaid      expenses and other current assets                                                           |   |           | 5,829   |   |   |   | 6,137 |   |
| Total      Current Assets                                                                                |   |           | 225,000 |   |   |   | 194,878 |   |
| Property,      plant and equipment, net                                                                  |   |           | 39,852  |   |   |   | 36,982 |   |
| Goodwill                                                                                                 |   |           | 61,844  |   |   |   | 54,825 |   |
| Deferred      tax assets                                                                                 |   |           | 34,354  |   |   |   | 34,893 |   |
| Other      assets                                                                                        |   |           | 17,489  |   |   |   | 14,384 |   |
| Total      Assets                                                                                        |   | $              | 378,539 |   |   | $ | 335,962 |   |
|                                                                                                     |   |           |    |   |   |   |   |   |
| Liabilities      and Shareholders' Equity:                                                               |   |           |    |   |   |   |   |   |
| Current      Liabilities:                                                                                |   |           |    |   |   |   |   |   |
| Current      portion of long-term debt                                                                   |   | $              | ---     |   |   | $ | 1,773 |   |
| Accounts      payable                                                                                    |   |           | 51,253  |   |   |   | 48,772 |   |
| Accrued      compensation and benefits                                                                   |   |           | 23,671  |   |   |   | 21,615 |   |
| Other      accrued liabilities                                                                           |   |           | 27,672  |   |   |   | 25,585 |   |
| Deferred      revenue                                                                                    |   |           | 16,399  |   |   |   | 16,008 |   |
| Total      Current Liabilities                                                                           |   |           | 118,995 |   |   |   | 113,753 |   |
| Long-term      debt                                                                                      |   |           | 42,000  |   |   |   | 31,603 |   |
| Accrued      pension benefit liability                                                                   |   |           | 28,514  |   |   |   | 28,789 |   |
| Other      long-term liabilities                                                                         |   |           | 19,467  |   |   |   | 17,336 |   |
|                                                                                                     |   |           |    |   |   |   |   |   |
| Commitments      and contingencies (Note 15)                                                             |   |           |    |   |   |   |   |   |
|  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 24,300      and 23,809 shares |   |           | 243     |   |   |   | 238 |   |
| Paid-in      capital                                                                                     |   |           | 75,472  |   |   |   | 72,612 |   |
| Retained      earnings                                                                                   |   |           | 95,426  |   |   |   | 83,290 |   |
| Treasury      stock, 591 and 623 shares, at cost                                                         |   |           | (12,148 | ) |   |   | (12,814 | ) |
| Accumulated      other comprehensive income                                                              |   |           | 10,570  |   |   |   | 1,155 |   |
| Total      Shareholders' Equity                                                                          |   |           | 169,563 |   |   |   | 144,481 |   |
| Total      Liabilities and Shareholders' Equity                                                          |   | $              | 378,539 |   |   | $ | 335,962 |   |

----

Consolidated Statements of Cash Flows

|                                                                                    | For      the Fiscal Years Ended April 30, |   |
|-----------------------------------------------------------------------------------------|-------------------------------------------|--------|
| In      thousands of dollars                                                            |                                      | 2008   |   |   | 2007 |   |   | 2006 |   |
| Cash      flows from operating activities:                                              |                                      |   |   |   |   |   |   |   |   |
| Net      income                                                                         |                                      | $      | 14,504 |   |   | $ | 13,508 |   |   | $ | 2,644 |   |
| Adjustments      to reconcile net income to cash provided by operating      activities: |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Depreciation      and amortization                                                      |                                      |   | 9,518 |   |   |   | 8,756 |   |   |   | 8,575 |   |
| Deferred      income taxes                                                              |                                      |   | 2,501 |   |   |   | 1,609 |   |   |   | (3,445 | ) |
| Restructuring      charges                                                              |                                      |   | --- |   |   |   | --- |   |   |   | (231 | ) |
| Loss      on early extinguishment of debt                                               |                                      |   | 343 |   |   |   | --- |   |   |   | 2,483 |   |
| Cumulative      effect of a change in accounting principle                              |                                      |   | --- |   |   |   | --- |   |   |   | 480 |   |
| Stock-based      compensation                                                           |                                      |   | 1,805 |   |   |   | 1,751 |   |   |   | 98 |   |
| Gain      on sale of assets                                                             |                                      |   | (2,287 | ) |   |   | --- |   |   |   | --- |   |
| Other      noncash items                                                                |                                      |   | 1,848 |   |   |   | 1,293 |   |   |   | 1,882 |   |
| Changes      in operating accounts:                                                     |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Accounts      receivable                                                                |                                      |   | (5,719 | ) |   |   | (11,618 | ) |   |   | (3,541 | ) |
| Inventories                                                                             |                                      |   | (6,220 | ) |   |   | (9,624 | ) |   |   | (1,929 | ) |
| Prepaid      expenses and other assets                                                  |                                      |   | 696 |   |   |   | (1,154 | ) |   |   | (1,523 | ) |
| Accounts      payable and other accrued liabilities                                     |                                      |   | (7,095 | ) |   |   | (3,221 | ) |   |   | 13,628 |   |
| Accrued      compensation and benefits                                                  |                                      |   | 311 |   |   |   | (1,028 | ) |   |   | 5,525 |   |
| Net      cash provided by operating activities                                          |                                      |   | 10,205 |   |   |   | 272 |   |   |   | 24,646 |   |
|  Cash      flows from investing activities:                                        |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Capital      expenditures                                                               |                                      |   | (8,589 | ) |   |   | (3,945 | ) |   |   | (7,507 | ) |
| Proceeds      from sale of available for sale investments                               |                                      |   | 751 |   |   |   | 6,216 |   |   |   | 776 |   |
| Purchases      of available for sale investments                                        |                                      |   | (753 | ) |   |   | (6,037 | ) |   |   | (383 | ) |
| Proceeds      from sale of assets                                                       |                                      |   | 345 |   |   |   | --- |   |   |   | 454 |   |
| Business      acquisitions                                                              |                                      |   | (4,650 | ) |   |   | (1,510 | ) |   |   | --- |   |
| Acquisition      of intangible assets                                                   |                                      |   | (868 | ) |   |   | (625 | ) |   |   | (606 | ) |
| Net      cash used for investing activities                                             |                                      |   | (13,764 | ) |   |   | (5,901 | ) |   |   | (7,266 | ) |
|  Cash      flows from financing activities:                                        |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Debt      repayments                                                                    |                                      |   | (314,256 | ) |   |   | (301,560 | ) |   |   | (350,192 | ) |
| Debt      proceeds                                                                      |                                      |   | 321,862 |   |   |   | 297,756 |   |   |   | 341,564 |   |
| Capitalized      debt issue costs                                                       |                                      |   | (993 | ) |   |   | --- |   |   |   | (1,146 | ) |
| Common      stock issued                                                                |                                      |   | 1,373 |   |   |   | 3,921 |   |   |   | 1,486 |   |
| Net      cash provided by (used for) financing activities                               |                                      |   | 7,986 |   |   |   | 117 |   |   |   | (8,288 | ) |
| Effect      of exchange rate changes on cash                                            |                                      |   | 1,413 |   |   |   | (581 | ) |   |   | (1,095 | ) |
| Increase      (Decrease) in cash and cash equivalents                                   |                                      |   | 5,840 |   |   |   | (6,093 | ) |   |   | 7,997 |   |
| Cash      and cash equivalents at beginning of year                                     |                                      |   | 8,052 |   |   |   | 14,145 |   |   |   | 6,148 |   |
| Cash      and cash equivalents at end of year                                           |                                      | $      | 13,892 |   |   | $ | 8,052 |   |   | $ | 14,145 |   |
|                                                                                    |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental      Schedule of Cash Flow Information                                     |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Cash      paid during the year for:                                                     |                                      |   |   |   |   |   |   |   |   |   |   |   |
| Interest                                                                                |                                      | $      | 3,655 |   |   | $ | 3,232 |   |   | $ | 3,800 |   |
| Income      taxes, net of refunds                                                       |                                      | $      | 5,290 |   |   | $ | 3,333 |   |   | $ | 2,800 |   |

----

Consolidated Statements of Changes in Shareholders'Equity

| In      thousands of dollars and shares                                                                 | IssuedCommonStockShares |   | CommonStock |   | Paid-inCapital |   | RetainedEarnings |   | TreasuryStock |   | Unamort.Value      ofRestrict.StockGrants |   | Accum.OtherComp.Income(Loss) |   | Total  |   |
|---------------------------------------------------------------------------------------------------------|-------------------------|--------|-------------|--------|----------------|--------|------------------|--------|---------------|--------|-------------------------------------------|--------|------------------------------|--------|--------|--------|
| Balance      as of April 30, 2005                                                                       |                    |   | 22,984      |   |           | $      | 230              |   |          | $      | 66,045                                    |   |                         | $      | 67,138 |   |   | $ | (13,991 | ) |   | $ | (130 | ) |   | $ | (3,577 | ) |   | $ | 115,715 |   |
| Net      income                                                                                         |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | 2,644  |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 2,644 |   |
| Currency      translation adjustment                                                                    |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | (2,692 | ) |   |   | (2,692 | ) |
| Unrealized      gains on securities, net of reclassification adjustment of $(28) and tax      of $171   |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | 287 |   |   |   | 287 |   |
| Minimum      pension liability change, net of tax of $4,674                                             |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | 7,876 |   |   |   | 7,876 |   |
| Comprehensive      income                                                                               |                    |   |        |   |           |   |             |   |          |   |                                      |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 8,115 |   |
| Stock      issued to directors                                                                          |                    |   | --          |   |           |   | --               |   |          |   | (295                                      | )      |                         |   | --     |   |   |   | 495 |   |   |   | -- |   |   |   | -- |   |   |   | 200 |   |
| Stock      issued under employee plans, net                                                             |                    |   | 276         |   |           |   | 3                |   |          |   | 1,511                                     |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 1,514 |   |
| Restricted      stock grants and cancellations, net of amortization                                     |                    |   | 5           |   |           |   | --               |   |          |   | 78                                        |   |                         |   | --     |   |   |   | -- |   |   |   | (6 | ) |   |   | -- |   |   |   | 72 |   |
| Balance      as of April 30, 2006                                                                       |                    |   | 23,265      |   |           | $      | 233              |   |          | $      | 67,339                                    |   |                         | $      | 69,782 |   |   | $ | (13,496 | ) |   | $ | (136 | ) |   | $ | 1,894 |   |   | $ | 125,616 |   |
| Net      income                                                                                         |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | 13,508 |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 13,508 |   |
| Currency      translation adjustment                                                                    |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | 7,266 |   |   |   | 7,266 |   |
| Unrealized      loss on securities, net of reclassification adjustment of $(989) and tax      of $(273) |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | (462 | ) |   |   | (462 | ) |
| Minimum      pension liability change, net of tax of $(863)                                             |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | 1,384 |   |   |   | 1,384 |   |
| Comprehensive      income                                                                               |                    |   |        |   |           |   |             |   |          |   |                                      |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 21,696 |   |
| Initial      application of SFAS 158, net of tax of $5,300                                              |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | (8,927 | ) |   |   | (8,927 | ) |
| Cumulative      effect of adoption of SFAS 123(R)                                                       |                    |   | --          |   |           |   | --               |   |          |   | (136                                      | )      |                         |   | --     |   |   |   | -- |   |   |   | 136 |   |   |   | -- |   |   |   | -- |   |
| Stock      issued to directors                                                                          |                    |   | --          |   |           |   | --               |   |          |   | (258                                      | )      |                         |   | --     |   |   |   | 682 |   |   |   | -- |   |   |   | -- |   |   |   | 424 |   |
| Stock      issued under employee plans, net                                                             |                    |   | 513         |   |           |   | 5                |   |          |   | 3,978                                     |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 3,983 |   |
| Stock      based compensation expense                                                                   |                    |   | --          |   |           |   | --               |   |          |   | 1,581                                     |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 1,581 |   |
| Restricted      stock grants and cancellations, net of amortization                                     |                    |   | 31          |   |           |   | --               |   |          |   | 108                                       |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 108 |   |
| Balance      as of April 30, 2007                                                                       |                    |   | 23,809      |   |           | $      | 238              |   |          | $      | 72,612                                    |   |                         | $      | 83,290 |   |   | $ | (12,814 | ) |   | $ | -- |   |   | $ | 1,155 |   |   | $ | 144,481 |   |
| Net      income                                                                                         |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | 14,504 |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 14,504 |   |
| Currency      translation adjustment                                                                    |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | 11,686 |   |   |   | 11,686 |   |
| Unrealized      loss on securities, net of reclassification adjustment of $26 and tax of      $(289)    |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | (486 | ) |   |   | (486 | ) |
| Change      in pension plans, net of tax of $1,059                                                      |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | (1,785 | ) |   |   | (1,785 | ) |
| Comprehensive      income                                                                               |                    |   |        |   |           |   |             |   |          |   |                                      |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 23,919 |   |
| Cumulative      effect of adoption of FIN 48                                                            |                    |   | --          |   |           |   | --               |   |          |   | --                                        |   |                         |   | (2,368 | )      |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | (2,368 | ) |
| Stock      issued to directors                                                                          |                    |   | --          |   |           |   | --               |   |          |   | (323                                      | )      |                         |   | --     |   |   |   | 666 |   |   |   | -- |   |   |   | -- |   |   |   | 343 |   |
| Stock      issued under employee plans, net                                                             |                    |   | 216         |   |           |   | 2                |   |          |   | 1,381                                     |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 1,383 |   |
| Stock      based compensation expense                                                                   |                    |   | --          |   |           |   | --               |   |          |   | 1,408                                     |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 1,408 |   |
| Restricted      stock grants and cancellations, net of amortization                                     |                    |   | 275         |   |           |   | 3                |   |          |   | 394                                       |   |                         |   | --     |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | 397 |   |
| Balance      as of April 30, 2008                                                                       |                    |   | 24,300      |   |           | $      | 243              |   |          | $      | 75,472                                    |   |                         | $      | 95,426 |   |   | $ | (12,148 | ) |   | $ | -- |   |   | $ | 10,570 |   |   | $ | 169,563 |   |

----

Notes to Consolidated Financial Statements

----

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

|   | · | delivery      has occurred or services have beenrendered; |
|--------|--------|-----------------------------------------------------------|

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

|   | · | collectibility      is reasonably assured |
|--------|--------|-------------------------------------------|

----

|   | · | The equipment the Company      sells has value on a stand-alone basis. The Company's customers may      resell equipment on a stand-alone basis and there is an observable market      for the equipment.  The Company also may sell the equipment      without installation, training or service agreements. In these cases, the      overall purchase price is lower by an amount equal to the fair value of      any undelivered elements, asapplicable. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | There is objective and      reliable evidence of the fair value of the undelivered items, as      applicable. The Company calculates the fair value of these elements      based on the same, or similar, services provided to customers on a      stand-alone basis. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | There are no general rights of      return relating to the equipment.  The Company has no      obligation to accept the return of products sold other than for repair or      replacement of defective products, which must be authorized in      advance. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|        In      thousands except per share amounts                                                                                                             | For      the Fiscal Year Ended April 30, 2006   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------|
| Net      income, as reported                                                                                                                                       |                                                 | $ | 2,644 |   |
| Add:  Stock      based employee compensation expense included in net income, net of related      tax effects                                             |                                                 |   | 33 |   |
| Less:  Total      stock-based employee compensation expense determined under      Black-Scholes option pricing model, net of related tax    effects |                                                 |   | (514 | ) |
| Net      income, pro forma                                                                                                                                         |                                                 | $ | 2,163 |   |
| Earnings      per share:                                                                                                                                           |                                                 |   |   |   |
| Basic,      as reported                                                                                                                                            |                                                 | $ | 0.12 |   |
| Basic,      pro forma                                                                                                                                              |                                                 | $ | 0.10 |   |
| Diluted,      as reported                                                                                                                                          |                                                 | $ | 0.12 |   |
| Diluted,      pro forma                                                                                                                                            |                                                 | $ | 0.09 |   |

----

----

| In      thousands | Balance      atBeginning      ofFiscal      Year |   | Charges to Costs and      Expenses1 |   |   | Deductions2 |   | Balance      atEnd      ofFiscal      Year |   |
|-------------------|--------------------------------------------------|--------|-------------------------------------|--------|--------|-------------|--------|--------------------------------------------|--------|
| Fiscal      2008  |                                             | $      | 7,012                               |   |   | $           | 2,524  |                                       |   | $ | (3,152 | )   |   | $ | 6,384 |   |
| Fiscal      2007  |                                             | $      | 7,016                               |   |   | $           | 2,829  |                                       |   | $ | (2,833 | )   |   | $ | 7,012 |   |
| Fiscal      2006  |                                             | $      | 9,706                               |   |   | $           | 2,333  |                                       |   | $ | (5,023 | ) |   | $ | 7,016 |   |

|                                   |   | April      30, |   |
|----------------------------------------|--------|----------------|--------|
| In      thousands                      |   | 2008           |   |   | 2007 |   |
| Raw      materials and purchased parts |   | $              | 64,230 |   |   | $ | 53,478 |   |
| Work      in process                   |   |           | 2,894  |   |   |   | 2,134 |   |
| Finished      goods                    |   |           | 9,803  |   |   |   | 9,687 |   |
| Total      inventories                 |   | $              | 76,927 |   |   | $ | 65,299 |   |

|                                          |   | April      30, |     |
|-----------------------------------------------|--------|----------------|----------|
| In      thousands                             |   | 2008           |     |   | 2007 |   |
| Land                                          |   | $              | 1,218    |   |   | $ | 1,181 |   |
| Buildings                                     |   |           | 38,405   |   |   |   | 35,043 |   |
| Machinery,      tools and equipment           |   |           | 109,530  |   |   |   | 103,456 |   |
|                                          |   |           | 149,153  |   |   |   | 139,680 |   |
| Accumulated      depreciation                 |   |           | (113,081 | ) |   |   | (102,958 | ) |
|                                          |   |           | 36,072   |   |   |   | 36,722 |   |
| Construction      in progress                 |   |           | 3,780    |   |   |   | 260 |   |
| Total      property, plant and equipment, net |   | $              | 39,852   |   |   | $ | 36,982 |   |

----

|                                   |   | April      30, 2008 |   |   | April      30, 2007     |   |
|----------------------------------------|--------|---------------------|--------|--------|-------------------------|--------|
| In      thousands                      |   | GrossCarryingAmount |   |   | AccumulatedAmortization |   |   | Gross Carrying Amount  |   |   | AccumulatedAmortization |   |
| Amortized      intangible assets:      |   |                |   |   |                    |   |   |   |   |   |   |   |
| Patents                                |   | $                   | 7,512  |   |                    | $      | 3,062 |   |   | $ | 7,233 |   |   | $ | 2,916 |   |
| Other                                  |   |                | 646    |   |                    |   | 413 |   |   |   | 694 |   |   |   | 304 |   |
| Total      amortized intangible assets |   | $                   | 8,158  |   |                    | $      | 3,475 |   |   | $ | 7,927 |   |   | $ | 3,220 |   |

| In      thousands                    | Sign      Making&      SpecialtyGraphics |   |   | Apparel      &FlexibleMaterials |   |   | OphthalmicLensProcessing |   |   | Total  |   |
|--------------------------------------|----------------------------------------------|--------|--------|-------------------------------------|--------|--------|--------------------------|--------|--------|--------|--------|
| Balance      as of April 30, 2006    |                                         | $      | 22,060 |                                |   | $      | 12,498                   |   |   | $      | 16,996 |   |   | $ | 51,554 |   |
| Business      acquisition            |                                         |   | ---    |                                |   |   | 1,404                    |   |   |   | ---    |   |   |   | 1,404 |   |
| Effects      of currency translation |                                         |   | 1,863  |                                |   |   | 4                        |   |   |   | ---    |   |   |   | 1,867 |   |
| Balance      as of April 30, 2007    |                                         |   | 23,923 |                                |   |   | 13,906                   |   |   |   | 16,996 |   |   |   | 54,825 |   |
| Business      acquisition            |                                         |   | 5,862  |                                |   |   | 25                       |   |   |   | ---    |   |   |   | 5,887 |   |
| Effects      of currency translation |                                         |   | 914    |                                |   |   | 218                      |   |   |   | ---    |   |   |   | 1,132 |   |
| Balance      as of April 30, 2008    |                                         | $      | 30,699 |                                |   | $      | 14,149                   |   |   | $      | 16,996 |   |   | $ | 61,844 |   |

----

| In      thousands                                      | May      1, 2007 |   |
|--------------------------------------------------------|------------------|--------|
| Assets      acquired:                                  |             |   |   |
| Cash      and cash equivalents                         |             | $      | 500 |   |
| Accounts      receivable                               |             |   | 701 |   |
| Inventories                                            |             |   | 2,106 |   |
| Prepaid      expenses and other current assets         |             |   | 71 |   |
| Property,      plant and equipment                     |             |   | 450 |   |
| Goodwill                                               |             |   | 5,862 |   |
| Other      assets                                      |             |   | 68 |   |
|     Total      assets acquired     |             |   | 9,758 |   |
| Liabilities      assumed:                              |             |   |   |   |
| Accounts      payable                                  |             |   | 1,447 |   |
| Accrued      compensation and benefits                 |             |   | 139 |   |
| Other      accrued liabilities                         |             |   | 749 |   |
| Deferred      revenue                                  |             |   | 1,038 |   |
| Deferred      income taxes                             |             |   | 223 |   |
| Long-term      debt                                    |             |   | 1,012 |   |
|     Total      liabilities assumed |             |   | 4,608 |   |
| Net      assets acquired                               |             | $      | 5,150 |   |

----

|        In      thousands                   | November      3, 2006 |   |
|-------------------------------------------------|-----------------------|--------|
| Assets      acquired:                           |                  |   |   |
| Inventories                                     |                  | $      | 207 |   |
| Intangible      assets subject to amortization: |                  |   |   |   |
| Customer      relationship                      |                  |   | 282 |   |
| Covenant      not to compete                    |                  |   | 50 |   |
| Order      backlog                              |                  |   | 52 |   |
| Goodwill                                        |                  |   | 1,404 |   |
| Total      assets acquired                      |                  |   | 1,995 |   |
| Liabilities      assumed:                       |                  |   |   |   |
| Current      liabilities                        |                  |   | 315 |   |
| Deferred      income taxes                      |                  |   | 170 |   |
| Total      liabilities assumed                  |                  |   | 485 |   |
| Net      assets acquired                        |                  | $      | 1,510 |   |

|              |   | For      the Fiscal Years Ended April 30, |   |
|-------------------|--------|-------------------------------------------|--------|
|              |   | 2008                                      |   |   | 2007 |   |
| In      thousands |   | Cost                                      |   | Unrealized Losses  |   | Estimated Fair      Value  |   |   | Cost  |   |   | UnrealizedGains |   |   | Estimated Fair      Value  |   |
| Mutual      funds |   | $                                         | 5,461  |   |   | $ | (756 | ) |   | $ | 4,705  |   |   | $ | 5,494  |   |   | $ | 20 |   |   | $ | 5,514  |    |

----

|                    |   | For      the Fiscal Years Ended April 30, |   |
|-------------------------|--------|-------------------------------------------|--------|
| In      thousands       |   | 2008                                      |   |   | 2007 |   |   | 2006 |   |
| Current:                |   |                                      |   |   |   |   |   |   |   |
| Federal                 |   | $                                         | (1,602 | ) |   | $ | (232 | ) |   | $ | 235 |   |
| State      and local    |   |                                      | 273    |   |   |   | 223 |   |   |   | 452 |   |
| Foreign                 |   |                                      | 6,406  |   |   |   | 4,805 |   |   |   | 2,117 |   |
| Total      current      |   |                                      | 5,077  |   |   |   | 4,796 |   |   |   | 2,804 |   |
|                    |   |                                      |   |   |   |   |   |   |   |   |   |   |
| Deferred:               |   |                                      |   |   |   |   |   |   |   |   |   |   |
| Federal                 |   |                                      | 900    |   |   |   | 1,521 |   |   |   | (3,707 | ) |
| State      and local    |   |                                      | 128    |   |   |   | 278 |   |   |   | (194 | ) |
| Foreign                 |   |                                      | 143    |   |   |   | 523 |   |   |   | 7,296 |   |
| Total      deferred     |   |                                      | 1,171  |   |   |   | 2,322 |   |   |   | 3,395 |   |
| Income      tax expense |   | $                                         | 6,248  |   |   | $ | 7,118 |   |   | $ | 6,199 |   |

|                                                             |   | For      the Fiscal Years Ended April 30, |   |
|------------------------------------------------------------------|--------|-------------------------------------------|--------|
|                                                             |   | 2008                                      |   |   | 2007 |   |   | 2006 |   |
| Statutory      U.S. federal income tax rate                      |   |                                      | 35.0   | %  |   |   | 35.0 | %  |   |   | 35.0 | %  |
| State      income taxes, net of US federal tax benefit           |   |                                      | 1.3    |   |   |   | 1.5 |   |   |   | 1.1 |   |
| Foreign      tax differences and valuation allowance adjustments |   |                                      | 1.0    |   |   |   | 1.9 |   |   |   | 14.8 |   |
| Export      tax incentives                                       |   |                                      | ---    |   |   |   | (1.3 | )     |   |   | (4.1 | )     |
| Research      and development tax credits                        |   |                                      | (2.0   | )     |   |   | (2.8 | )     |   |   | (3.7 | )     |
| Adjustment      of prior years' taxes                            |   |                                      | (7.0   | )     |   |   | (0.6 | )     |   |   | (1.0 | )     |
| UK      legislative change                                       |   |                                      | ---    |   |   |   | --- |   |   |   | 25.0 |   |
| Other,      net                                                  |   |                                      | 1.8    |   |   |   | 0.8 |   |   |   | 0.4 |   |
| Effective      income tax rate                                   |   |                                      | 30.1   | %  |   |   | 34.5 | %  |   |   | 67.5 | %  |

----

|                                   |                    | April      30, 2008 |                         |   | April      30, 2007     |   |
|----------------------------------------|-------------------------|---------------------|------------------------------|--------|-------------------------|--------|
| In      thousands                      | DeferredTax      Assets |                | Deferred      TaxLiabilities |   | DeferredTax      Assets |   | Deferred      TaxLiabilities |   |
| Depreciation                           |                    | $                   | 1,332                        |   |                    | $      | 1,704 |   |   | $ | 1,412 |   |   | $ | 2,289 |   |
| Patents                                |                    |                | ---                          |   |                    |   | 1,517 |   |   |   | --- |   |   |   | 1,631 |   |
| Employee      benefit plans            |                    |                | 11,935                       |   |                    |   | 95 |   |   |   | 10,918 |   |   |   | 14 |   |
| Asset      valuations                  |                    |                | 17,211                       |   |                    |   | 5,816 |   |   |   | 19,261 |   |   |   | 4,269 |   |
| Provisions      for estimated expenses |                    |                | 3,262                        |   |                    |   | 73 |   |   |   | 3,095 |   |   |   | 150 |   |
| Tax      loss and credit carryforwards |                    |                | 21,721                       |   |                    |   | --- |   |   |   | 21,278 |   |   |   | --- |   |
| Other                                  |                    |                | 1,789                        |   |                    |   | 549 |   |   |   | 1,855 |   |   |   | 2,270 |   |
|                                   |                    |                | 57,250                       |   |                    |   | 9,754 |   |   |   | 57,819 |   |   |   | 10,623 |   |
| Valuation      allowance               |                    |                | (16,144                      | )      |                    |   | --- |   |   |   | (15,043 | ) |   |   | --- |   |
|                                   |                    | $                   | 41,106                       |   |                    | $      | 9,754 |   |   | $ | 42,776 |   |   | $ | 10,623 |   |

|                            |   | For      the Fiscal Years Ended April 30, |         |
|---------------------------------|--------|-------------------------------------------|--------------|
| In      thousands               |   | 2008                                 |         |   | 2007 |   |   | 2006 |   |
| United      States              |   | $                                         | 439     |    |   | $ | 4,489 |   |   | $ | (3,968 | ) |
| Foreign                         |   |                                      | 20,313  |    |   |   | 16,137 |   |   |   | 13,151 |   |
| Income      before income taxes |   | $                                         | 20,752  |   |   | $ | 20,626 |   |   | $ | 9,183 |   |

| In      thousands | Balance      atBeginning      ofFiscal      Year | Charges      to Income Tax      Expense  |   | Write-off      ofFully      ReservedDeferredTax      Assets |   |   | Deductions |   | Balance      atEnd      ofFiscal      Year |   |
|-------------------|--------------------------------------------------|---------------------------------------------------------|--------|-------------------------------------------------------------|--------|--------|------------|--------|--------------------------------------------|--------|
| Fiscal      2008  |                                             | $                                                       | 15,043 |                                                        |   | $      | 1,188      |   |                                       | $      | --- |   |   | $ | (87 | ) |   | $ | 16,144 |   |
| Fiscal      2007  |                                             |                                                    | 14,292 |                                                        |   |   | 1,227      |   |                                       |   | --- |   |   |   | (476 | ) |   |   | 15,043 |   |
| Fiscal      2006  |                                             |                                                    | 18,780 |                                                        |   |   | 3,946      |   |                                       |   | (8,162 | ) |   |   | (272 | ) |   |   | 14,292 |   |

----

| In      thousands                                              |   |   |   |
|----------------------------------------------------------------|--------|--------|--------|
| Balance      as of May 1, 2007                            |   | $      | 5,061  |   |
| Additions      for tax positions related to the current year   |   |   | 74     |   |
| Additions      for tax positions of prior years                |   |   | 292    |   |
| Reductions      for tax positions of prior years               |   |   | (374   | ) |
| Reductions      for lapse of applicable statutes of limitation |   |   | (989   | ) |
| Settlements                                                    |   |   | ---    |   |
| Balance      as of April 30, 2008                         |   | $      | 4,064  |   |

|                                  | April      30, 2008  |   |   | April      30, |   |
|---------------------------------------|----------------------|--------|--------|----------------|--------|
| In      thousands                     | Effective      rates |   |   | 2008           |   |   | 2007 |   |
| Short-term      lines of credit       |                 |   | *      |           |   | $ | --- |   |   | $ | 1,540 |   |
| Revolvers                             |                 |   | 4.61   | %              |   |   | 36,000 |   |   |   | 25,000 |   |
| Term      loans                       |                 |   | *      |           |   |   | ---  |   |   |   | 836 |   |
| Industrial      development bonds     |                 |   | 2.57   | %              |   |   | 6,000 |   |   |   | 6,000 |   |
|                                  |                 |   |   |           |   |   | 42,000 |   |   |   | 33,376 |   |
| Less      portion due within one year |                 |   |   |           |   |   | --- |   |   |   | (1,773 | ) |
| Total      long-term debt             |                 |   |   |           |   | $ | 42,000 |   |   | $ | 31,603 |   |

----

----

----

|                          | For      the Fiscal Years Ended April 30,                                                                                                                                                                                                                                                                                                                                                                                                        |           |
|-------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------|
|                          | 2008                                                                                                                                                                                                                                                                                                                                                                                                                                             | 2007           | 2006 |   |
| Expected      option term1    | 5.9      years                                                                                                                                                                                                                                                                                                                                                                                                                                   | 5.6      years | 5.7      years |   |
| Expected      volatility2     | 51%                                                                                                                                                                                                                                                                                                                                                                                                                                              | 55%            | 73% |   |
| Risk-free      interest rate3 | 3.2%                                                                                                                                                                                                                                                                                                                                                                                                                                             | 4.4%           | 4.4% |   |
| 1                             | The      option term was determined using the simplified method for estimating      expected option life through December 31, 2007.  The Company's      options qualify as "plain-vanilla" options, as defined in the SEC's Staff      Accounting Bulletin No. 107, "Share-Based Payment."  Beginning      on January 1, 2008, 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 ofgrant.                                                                                                                                                                                                                                                                                                                        |

|                                          |   | Shares(inthousands) |   |   | Weighted-averageExercisePrice |   | Weighted-averageRemainingContractualTerm |   | AggregateIntrinsicValue(in      millions) |   |
|-----------------------------------------------|--------|---------------------|--------|--------|-------------------------------|--------|------------------------------------------|--------|-------------------------------------------|--------|
| Outstanding      as of April 30, 2007         |   |                | 2,546  |   |                          | $      | 11.83                                    |   | 5.3      years                            |   |   | $ | 3.4 |   |
| Options      granted                          |   |                | 418    |   |                          | $      | 9.35                                     |   |                                      |   |   |   |   |   |
| Options      exercised                        |   |                | (219   | )      |                          | $      | 6.91                                     |   |                                      |   |   | $ | 0.9 |   |
| Options      canceled                         |   |                | (628   | )      |                          | $      | 16.63                                    |   |                                      |   |   |   |   |   |
| Outstanding      as of April 30, 2008         |   |                | 2,117  |   |                          | $      | 10.42                                    |   | 5.8      years                            |   |   | $ | 2.0 |   |
| Options      exercisable as of April 30, 2008 |   |                | 1,376  |   |                          | $      | 10.24                                    |   | 4.2      years                            |   |   | $ | 1.9 |   |

|                                                        |   | For      the Fiscal Years Ended April 30, |   |
|-------------------------------------------------------------|--------|-------------------------------------------|--------|
|                                                        |   | 2008                                      |   |   | 2007 |   |   | 2006 |   |
| Restricted      stock awarded (shares in thousands)         |   |                                      | 288    |   |   |   | 32 |   |   |   | 9 |   |
| Weighted-average      fair value on date of grant per share |   | $                                         | 9.65   |   |   | $ | 14.06 |   |   | $ | 9.45 |   |

----

| In      thousands except per share amounts |   | Shares |   | Weighted-averageFair      Value |   |
|--------------------------------------------|--------|--------|--------|---------------------------------|--------|
| Nonvested      as of April 30, 2007        |   |   | 46     |                            |   | $ | 12.21 |   |
| Granted                                    |   |   | 288    |                            |   |   | 9.65 |   |
| Vested                                     |   |   | (13    | )                               |   |   | 11.39 |   |
| Forfeited                                  |   |   | (13    | )                               |   |   | 10.16 |   |
| Nonvested      as of April 30, 2008        |   |   | 308    |                            |   | $ | 9.91 |   |

| In      thousands                    |   | ForeignCurrencyTranslationAdjustment |   | UnrealizedGain (Loss)on      Availablefor      SaleSecurities |   |   | MinimumPensionLiabilityAdjustment |   |   | AccumulatedOtherComprehensiveIncome      (Loss) |    |
|--------------------------------------|--------|--------------------------------------|--------|--------------------------------------------------------------------|--------|--------|-----------------------------------|--------|--------|-------------------------------------------------|---------|
| Balance      as of April 30, 2005    |   | $                                    | 9,861  |                                                               |   | $      | 187                               |   |   | $                                               | (13,625 | ) |   | $ | (3,577 | ) |
| Fiscal      2006 activity            |   |                                 | (2,692 | )                                                                  |   |   | 287                               |   |   |                                            | 7,876   |   |   |   | 5,471 |   |
| Balance      as of April 30, 2006    |   |                                 | 7,169  |                                                               |   |   | 474                               |   |   |                                            | (5,749  | ) |   |   | 1,894 |   |
| Fiscal      2007 activity            |   |                                 | 7,266  |                                                               |   |   | (462                              | )      |   |                                            | 1,384   |   |   |   | 8,188 |   |
| Initial      application of SFAS 158 |   |                                 | ---    |                                                               |   |   | ---                               |   |   |                                            | (8,927  | ) |   |   | (8,927 | ) |
| Balance      as of April 30, 2007    |   |                                 | 14,435 |                                                               |   |   | 12                                |   |   |                                            | (13,292 | ) |   |   | 1,155 |   |
| Fiscal      2008 activity            |   |                                 | 11,686 |                                                               |   |   | (486                              | )      |   |                                            | (1,785  | ) |   |   | 9,415 |   |
| Balance      as of April 30, 2008    |   | $                                    | 26,121 |                                                               |   | $      | (474                              | )      |   | $                                               | (15,077 | ) |   | $ | 10,570 |   |

----

| In      thousands                           | BeforeApplicationof      SFAS 158 |   |    | Adjustments |   | AfterApplicationof      SFAS 158 |   |
|---------------------------------------------|-----------------------------------|--------|---------|-------------|--------|----------------------------------|--------|
| Other      assets                           |                              | $      | 15,484  |        |   | $                                | (1,100 | ) |   | $ | 14,384 |   |
| Deferred      tax asset                     |                              | $      | 29,593  |        |   | $                                | 5,300  |   |   | $ | 34,893 |   |
| Total      assets                           |                              | $      | 331,762 |        |   | $                                | 4,200  |   |   | $ | 335,962 |   |
| Other      accrued liabilities              |                              | $      | 25,067  |        |   | $                                | 518    |   |   | $ | 25,585 |   |
| Total      current liabilities              |                              | $      | 113,235 |        |   | $                                | 518    |   |   | $ | 113,753 |   |
| Accrued      pension benefit liability      |                              | $      | 16,180  |        |   | $                                | 12,609 |   |   | $ | 28,789 |   |
| Accumulated      other comprehensive income |                              | $      | 10,082  |        |   | $                                | (8,927 | ) |   | $ | 1,155 |   |
| Shareholders'      equity                   |                              | $      | 153,408 |        |   | $                                | (8,927 | ) |   | $ | 144,481 |   |

|                                                                                              |   | Qualified Plan |    |   | Nonqualified Plan |   |
|---------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|------------------------|--------|
| In      thousands                                                                                 |   | 2008                |    |   | 2007                   |   |   | 2008 |   |   | 2007 |   |
| Change      in benefit obligation:                                                                |   |                |    |   |                   |   |   |   |   |   |   |   |
| Benefit      obligation at beginning of fiscal year                                               |   | $                   | 104,175 |   |                   | $      | 98,417 |   |   | $ | 7,274 |   |   | $ | 7,251 |   |
| Service      cost                                                                                 |   |                | 2,493   |   |                   |   | 2,361 |   |   |   | 95 |   |   |   | 94 |   |
| Interest      cost                                                                                |   |                | 6,066   |   |                   |   | 5,874 |   |   |   | 396 |   |   |   | 427 |   |
| Actuarial      (gain) loss                                                                        |   |                | (4,799  | )      |                   |   | 1,330 |   |   |   | 73 |   |   |   | 43 |   |
| Benefits      paid                                                                                |   |                | (3,943  | )      |                   |   | (3,807 | ) |   |   | (582 | ) |   |   | (541 | ) |
| Benefit      obligation at end of fiscal year                                                     |   | $                   | 103,992 |   |                   | $      | 104,175 |   |   | $ | 7,256 |   |   | $ | 7,274 |   |
|                                                                                              |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Change      in plan assets:                                                                       |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Fair      value of plan assets at beginning of year                                               |   | $                   | 82,142  |   |                   | $      | 72,537 |   |   | $ | --- |   |   | $ | --- |   |
| Actual      return on plan assets                                                                 |   |                | (1,442  | )      |                   |   | 9,329 |   |   |   | --- |   |   |   | --- |   |
| Employer      contributions                                                                       |   |                | 5,440   |   |                   |   | 4,083 |   |   |   | 582 |   |   |   | 541 |   |
| Benefits      paid                                                                                |   |                | (3,943  | )      |                   |   | (3,807 | ) |   |   | (582 | ) |   |   | (541 | ) |
| Fair      value of plan assets at end of fiscal year                                              |   | $                   | 82,197  |   |                   | $      |  82,142 |   |   | $ | --- |   |   | $ | --- |   |
|                                                                                              |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Funded      status and net amount recognized                                                      |   | $                   | (21,795 | )      |                   | $      | (22,033 | ) |   | $ | (7,256 | ) |   | $ | (7,274 | ) |
|                                                                                              |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Amounts      recognized in balance sheets, before taxes:                                          |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Other      accrued liabilities                                                                    |   | $                   | ---     |   |                   | $      | --- |   |   | $ | (544 | ) |   | $ | (518 | ) |
| Accrued      pension benefit liability                                                            |   |                | (21,795 | )      |                   |   | (22,033 | ) |   |   | (6,712 | ) |   |   | (6,756 | ) |
| Net      amount recognized                                                                        |   | $                   | (21,795 | )      |                   | $      | (22,033 | ) |   | $ | (7,256 | ) |   | $ | (7,274 | ) |
|                                                                                              |   |                |    |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Amounts      recognized in Accumulated Other Comprehensive Income, before taxes,      consist of: |   |                |    |   |                   |   |   |   |   |
| Net      actuarial loss                                                                           |   | $                   | 22,032  |   |                   | $      | 18,958 |   |   | $ | 1,225 |   |   | $ | 1,157 |   |
| Prior      service cost (credit)                                                                  |   |                | 803     |   |                   |   | 1,100 |   |   |   | (34 | ) |   |   | (37 | ) |
| Net      amount recognized                                                                        |   | $                   | 22,835  |   |                   | $      | 20,058 |   |   | $ | 1,191 |   |   | $ | 1,120 |   |

----

|                                |   | Qualified Plan |    |   | Nonqualified Plan |   |
|-------------------------------------|--------|---------------------|---------|--------|------------------------|--------|
| In      thousands                   |   | 2008                |    |   | 2007                   |   |   | 2008 |   |   | 2007 |   |
| Projected      benefit obligation   |   | $                   | 103,992 |   |                   | $      | 104,175 |   |   | $ | 7,256 |   |   | $ | 7,274 |   |
| Accumulated      benefit obligation |   | $                   | 94,233  |   |                   | $      | 91,485 |   |   | $ | 6,900 |   |   | $ | 6,837 |   |
| Fair      value of plan assets      |   | $                   | 82,197  |   |                   | $      | 82,142 |   |   |   | --- |   |   |   | --- |   |

|                                                                     |   | Qualified Plan                       |   |   | Nonqualified Plan                    |   |
|--------------------------------------------------------------------------|--------|-------------------------------------------|--------|--------|-------------------------------------------|--------|
|                                                                     |   | For      the Fiscal Years Ended April 30, |   |   | For      the Fiscal Years Ended April 30, |   |
| In      thousands                                                        |   | 2008                                      |   |   | 2007                                      |   |   | 2006 |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |
| Service      cost                                                        |   | $                                         | 2,493  |   |                                      | $      | 2,361 |   |   | $ | 2,894 |   |   | $ | 95 |   |   | $ | 93 |   |   | $ | 164 |   |
| Interest      cost                                                       |   |                                      | 6,066  |   |                                      |   | 5,874 |   |   |   | 5,530 |   |   |   | 396 |   |   |   | 427 |   |   |   | 405 |   |
| Expected      return on plan assets                                      |   |                                      | (7,044 | )      |                                      |   | (6,132 | ) |   |   | (5,609 | ) |   |   | --- |   |   |   | --- |   |   |   | --- |   |
| Amortization      of:         Prior service cost (credit) |   |                                      | 296    |   |                                      |   | 296 |   |   |   | 296 |   |   |   | (3 | ) |   |   | (2 | ) |   |   | (3 | ) |
| Actuarial      loss                                                      |   |                                      | 614    |   |                                      |   | 730 |   |   |   | 1,708 |   |   |   | 4 |   |   |   | 22 |   |   |   | 63 |   |
| Net      periodic benefit cost                                           |   | $                                         | 2,425  |   |                                      | $      | 3,129 |   |   | $ | 4,819 |   |   | $ | 492 |   |   | $ | 540 |   |   | $ | 629 |   |

| In      thousands                                   |   | Qualified Plan |   |   | Nonqualified Plan |   |
|-----------------------------------------------------|--------|---------------------|--------|--------|------------------------|--------|
| Current      year actuarial loss                    |   | $                   | 3,687  |   |                   | $      | 72 |   |
| Amortization      of net actuarial loss             |   |                | (614   | )      |                   |   | (4 | ) |
| Amortization      of prior service cost (credit)    |   |                | (296   | )      |                   |   | 3 |   |
| Total      recognized in other comprehensive income |   | $                   | 2,777  |   |                   | $      | 71 |   |

| In      thousands                |   | Qualified Plan |   |   | Nonqualified Plan |   |
|----------------------------------|--------|---------------------|--------|--------|------------------------|--------|
| Net      actuarial loss          |   | $                   | 969    |   |                   | $      | 42 |   |
| Prior      service cost (credit) |   |                | 296    |   |                   |   | (3 | ) |
| Total                            |   | $                   | 1,265  |   |                   | $      | 39 |   |

|                                |   | Qualified      Plan |   |   | Nonqualified      Plan |   |
|-------------------------------------|--------|---------------------|--------|--------|------------------------|--------|
| Benefit      Obligation Assumptions |   | 2008                |   |   | 2007                   |   |   | 2008 |   |   | 2007 |   |
| Discount      rate                  |   |                | 6.50   | %      |                   |   | 6.00 | % |   |   | 6.50 | % |   |   | 6.00 | % |
| Rate      of compensation increase  |   |                | 4.00   | %      |                   |   | 4.00 | % |   |   | 4.00 | % |   |   | 4.00 | % |

----

|                                |   | Qualified Plan                       |   |   | Nonqualified Plan                    |   |
|-------------------------------------|--------|-------------------------------------------|--------|--------|-------------------------------------------|--------|
|                                |   | For      the fiscal years ended April 30, |   |   | For      the fiscal years ended April 30, |   |
| Net      Cost Assumptions           |   | 2008                                      |   |   | 2007                                      |   |   | 2006 |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |
| Discount      rate                  |   |                                      | 6.00   | %      |                                      |   | 6.25 | % |   |   | 5.50 | % |   |   | 6.00 | % |   |   | 6.25 | % |   |   | 5.50 | % |
| Expected      return on plan assets |   |                                      | 8.50   | %      |                                      |   | 8.50 | % |   |   | 8.50 | % |   |   | --- |   |   |   | --- |   |   |   | --- |   |
| Rate      of compensation increase  |   |                                      | 4.00   | %      |                                      |   | 4.00 | % |   |   | 4.00 | % |   |   | 4.00 | % |   |   | 4.00 | % |   |   | 4.00 | % |

|                                      |   | 2008   |   |   | 2007   |   |
|-------------------------------------------|--------|--------|--------|--------|--------|--------|
| Equity      securities                    |   |   | 53     | %      |   |   | 70 | % |
| Debt      securities                      |   |   | 39     | %      |   |   | 25 | % |
| Real      estate                          |   |   | 5      | %      |   |   | --- |   |
| Other      (primarily money market funds) |   |   | 3      | %      |   |   | 5 | % |
|                                      |   |   | 100    | %      |   |   | 100 | % |

| In      thousands           |   | Qualified      Plan |   |   | Nonqualified      Plan |   |
|-----------------------------|--------|---------------------|--------|--------|------------------------|--------|
| Fiscal      Year 2009       |   | $                   | 3,996  |   |                   | $      | 544 |   |
| Fiscal      Year 2010       |   | $                   | 4,257  |   |                   | $      | 516 |   |
| Fiscal      Year 2011       |   | $                   | 4,437  |   |                   | $      | 508 |   |
| Fiscal      Year 2012       |   | $                   | 4,610  |   |                   | $      | 502 |   |
| Fiscal      Year 2013       |   | $                   | 4,878  |   |                   | $      | 482 |   |
| Fiscal      Years 2014-2018 |   | $                   | 29,530 |   |                   | $      | 2,225 |   |

----

|                                         | For      the Fiscal Years Ended April 30, |   |
|----------------------------------------------|-------------------------------------------|--------|
| In      thousands                            |                                      | 2008   |   |   | 2007 |   |
| Beginning      balance                       |                                      | $      | 2,337 |   |   | $ | 2,445 |   |
| Warranties      issued in the current period |                                      |   | 5,880 |   |   |   | 6,281 |   |
| Reductions      for costs incurred           |                                      |   | (5,890 | ) |   |   | (6,389 | ) |
| Ending      balance                          |                                      | $      | 2,327 |   |   | $ | 2,337 |   |

----

|                                     |   | For      the Fiscal Years Ended April 30, |    |
|------------------------------------------|--------|-------------------------------------------|---------|
| In      thousands                        |   | 2008                                      |    |   | 2007 |   |   | 2006 |   |
| Sign      Making and Specialty Graphics: |   |                                      |    |   |   |   |   |   |   |
| Gerber      Scientific Products          |   | $                                         | 102,689 |   |   | $ | 89,357 |   |   | $ | 89,798 |   |
| Spandex                                  |   |                                      | 258,397 |   |   |   | 212,730 |   |   |   | 186,479 |   |
| Sign      Making and Specialty Graphics  |   |                                      | 361,086 |   |   |   | 302,087 |   |   |   | 276,277 |   |
| Apparel      and Flexible Materials      |   |                                      | 207,945 |   |   |   | 196,164 |   |   |   | 182,808 |   |
| Ophthalmic      Lens Processing          |   |                                      | 70,986  |   |   |   | 76,547 |   |   |   | 71,333 |   |
| Consolidated      revenue                |   | $                                         | 640,017 |   |   | $ | 574,798 |   |   | $ | 530,418 |   |
|                                     |   |                                      |    |   |   |   |   |   |   |   |   |   |
| Sign      Making and Specialty Graphics: |   |                                      |    |   |   |   |   |   |   |   |   |   |
| Gerber      Scientific Products          |   | $                                         | 1,376   |   |   | $ | 5,199 |   |   | $ | 7,008 |   |
| Spandex                                  |   |                                      | 10,592  |   |   |   | 6,419 |   |   |   | 4,323 |   |
| Sign      Making and Specialty Graphics  |   |                                      | 11,968  |   |   |   | 11,618 |   |   |   | 11,331 |   |
| Apparel      and Flexible Materials      |   |                                      | 26,681  |   |   |   | 27,601 |   |   |   | 22,958 |   |
| Ophthalmic      Lens Processing          |   |                                      | 3,434   |   |   |   | 2,913 |   |   |   | 676 |   |
| Segment      operating income            |   |                                      | 42,083  |   |   |   | 42,132 |   |   |   | 34,965 |   |
| Corporate      operating expenses        |   |                                      | (17,984 | ) |   |   | (18,500 | ) |   |   | (17,149 | ) |
| Total      operating income              |   | $                                         | 24,099  |   |   | $ | 23,632 |   |   | $ | 17,816 |   |

| In      thousands                  | United      States |   |    | Europe |   |   | All      Other |   |   | Total  |    |
|------------------------------------|--------------------|--------|---------|--------|--------|--------|----------------|--------|--------|--------|---------|
| 2008                               |               |   |    |   |   |   |           |   |   |   |    |   |
| Revenue                            |               | $      | 163,099 |   |   | $      | 292,252        |   |   | $      | 184,666 |   |   | $ | 640,017 |   |
| Property,      plant and equipment |               | $      | 18,440  |   |   | $      | 17,986         |   |   | $      | 3,426   |   |   | $ | 39,852 |   |
|                               |               |   |    |   |   |   |           |   |   |   |    |   |   |   |   |   |
| 2007                               |               |   |    |   |   |   |           |   |   |   |    |   |   |   |   |   |
| Revenue                            |               | $      | 157,600 |   |   | $      | 243,564        |   |   | $      | 173,634 |   |   | $ | 574,798 |   |
| Property,      plant and equipment |               | $      | 16,775  |   |   | $      | 17,554         |   |   | $      | 2,653   |   |   | $ | 36,982 |   |
|                               |               |   |    |   |   |   |           |   |   |   |    |   |   |   |   |   |
| 2006                               |               |   |    |   |   |   |           |   |   |   |    |   |   |   |   |   |
| Revenue                            |               | $      | 170,715 |   |   | $      | 214,169        |   |   | $      | 145,534 |   |   | $ | 530,418 |   |
| Property,      plant and equipment |               | $      | 19,573  |   |   | $      | 16,481         |   |   | $      | 2,475   |   |   | $ | 38,529 |   |

----

| In      thousands | Building      andOffice      Space |   | Machinery      andEquipment |   |   | Total  |   |
|-------------------|------------------------------------|--------|-----------------------------|--------|--------|--------|--------|
| 2009              |                               | $      | 10,446                      |   |   | $      | 1,714  |   |   | $ | 12,160 |   |
| 2010              |                               |   | 8,290                       |   |   |   | 1,185  |   |   |   | 9,475 |   |
| 2011              |                               |   | 6,968                       |   |   |   | 553    |   |   |   | 7,521 |   |
| 2012              |                               |   | 6,129                       |   |   |   | 164    |   |   |   | 6,293 |   |
| 2013              |                               |   | 6,203                       |   |   |   | 30     |   |   |   | 6,233 |   |
| After      2013   |                               |   | 25,093                      |   |   |   | ---    |   |   |   | 25,093 |   |
|              |                               | $      | 63,129                      |   |   | $      | 3,646  |   |   | $ | 66,775 |   |

----

|                                                                                                  |   | April      30, 2008 |   |   | April      30, 2007 |   |   | April      30, 2006 |   |
|-------------------------------------------------------------------------------------------------------|--------|---------------------|--------|--------|---------------------|--------|--------|---------------------|--------|
| In      thousands except per share amounts                                                            |   | NetIncome           |   |   | AverageShares       |   |   | PerShare            |   |   | NetIncome |   |   | AverageShares |   |   | PerShare |   |   | NetIncome |   |   | AverageShares |   |   | PerShare |   |
| Basic      earnings per share before the cumulative effect of a change in accounting      principle   |   | $                   | 14,504 |   |                |   | 23,320 |                |   | $ | 0.62 |   |   | $ | 13,508 |   |   |   | 22,896 |   |   | $ | 0.59 |   |   | $ | 2,984 |   |   |   | 22,418 |   |   | $ | 0.13 |   |
| Cumulative      effect of a change in accounting principle                                            |   |                | ---    |   |                |   | ---    |                |   |   | ---  |   |   |   | --- |   |   |   | --- |   |   |   | --- |   |   |   | (340 | ) |   |   | 22,418 |   |   |   | (0.01 | ) |
| Basic      earnings per share                                                                         |   | $                   | 14,504 |   |                |   | 23,320 |                |   | $ | 0.62 |   |   | $ | 13,508 |   |   |   | 22,896 |   |   | $ | 0.59 |   |   | $ | 2,644 |   |   |   | 22,418 |   |   | $ | 0.12 |   |
| Basic      earnings per share before the cumulative effect of a change in accounting      principle   |   | $                   | 14,504 |   |                |   | 23,320 |                |   | $ | 0.62 |   |   | $ | 13,508 |   |   |   | 22,896 |   |   | $ | 0.59 |   |   | $ | 2,984 |   |   |   | 22,418 |   |   | $ | 0.13 |   |
| Effect      of dilutive options and awards                                                       |   |                | ---    |   |                |   | 278    |                |   |   | (0.01 | ) |   |   | --- |   |   |   | 550 |   |   |   | (0.01 | ) |   |   | --- |   |   |   | 288 |   |   |   | --- |   |
| Diluted      earnings per share before the cumulative effect of a change in accounting      principle |   | $                   | 14,504 |   |                |   | 23,598 |                |   | $ | 0.61 |   |   | $ | 13,508 |   |   |   | 23,446 |   |   | $ | 0.58 |   |   | $ | 2,984 |   |   |   | 22,706 |   |   | $ | 0.13 |   |
| Cumulative      effect of a change in accounting principle                                            |   |                | ---    |   |                |   | ---    |                |   |   | ---  |   |   |   | --- |   |   |   | --- |   |   |   | --- |   |   |   | (340 | ) |   |   | 22,706 |   |   |   | (0.01 | ) |
| Diluted      earnings per share                                                                       |   | $                   | 14,504 |   |                |   | 23,598 |                |   | $ | 0.61 |   |   | $ | 13,508 |   |   |   | 23,446 |   |   | $ | 0.58 |   |   | $ | 2,644 |   |   |   | 22,706 |   |   | $ | 0.12 |   |

| In      thousands except per share amounts |   | FirstQuarter |    |   | SecondQuarter |   |    | ThirdQuarter |   |   | FourthQuarter |   |
|--------------------------------------------|--------|--------------|---------|--------|---------------|--------|---------|--------------|--------|--------|---------------|--------|
| Fiscal      2008                           |   |         |    |   |          |   |    |         |   |   |          |   |
| Revenue                                    |   | $            | 153,667 |   |          | $      | 160,716 |         |   | $      | 151,966       |   |   | $ | 173,668 |   |
| Gross      profit                          |   | $            | 45,461  |   |          | $      | 46,396  |         |   | $      | 43,453        |   |   | $ | 51,223 |   |
| Net      income                            |   | $            | 2,837   |   |          | $      | 2,501   |         |   | $      | 3,063         |   |   | $ | 6,103 |   |
| Earnings      per common share:            |   |         |    |   |          |   |    |         |   |   |          |   |   |   |   |   |
| Basic                                      |   | $            | 0.12    |   |          | $      | 0.11    |         |   | $      | 0.13          |   |   | $ | 0.26 |   |
| Diluted                                    |   | $            | 0.12    |   |          | $      | 0.11    |         |   | $      | 0.13          |   |   | $ | 0.26 |   |
| Fiscal      2007                           |   |         |    |   |          |   |    |         |   |   |          |   |   |   |   |   |
| Revenue                                    |   | $            | 137,488 |   |          | $      | 145,049 |         |   | $      | 137,124       |   |   | $ | 155,137 |   |
| Gross      profit                          |   | $            | 41,705  |   |          | $      | 43,632  |         |   | $      | 40,001        |   |   | $ | 47,036 |   |
| Net      income                            |   | $            | 2,024   |   |          | $      | 3,689   |         |   | $      | 2,230         |   |   | $ | 5,565 |   |
| Earnings      per common share:            |   |         |    |   |          |   |    |         |   |   |          |   |   |   |   |   |
| Basic                                      |   | $            | 0.09    |   |          | $      | 0.16    |         |   | $      | 0.10          |   |   | $ | 0.24 |   |
| Diluted                                    |   | $            | 0.09    |   |          | $      | 0.16    |         |   | $      | 0.10          |   |   | $ | 0.24 |   |

----

SIGNATURES

| GERBER SCIENTIFIC,      INC. |
|------------------------------|
| (Registrant)                 |
|                         |   |   |
| June      27, 2008           |   | By: | /s/  John J.      Krawczynski                              |
|                         |   |   | John      J. Krawczynski(Duly      Authorized Officer and Principal Accounting  Officer) |

| Date               | Signature                                            | Title                                                                                        |
|--------------------|------------------------------------------------------|----------------------------------------------------------------------------------------------|
| June      27, 2008 | /s/ Marc T.      Giles(Marc      T. Giles)           | President,      Chief Executive Officer and Director (Principal Executive      Officer)      |
|               |
|               |                                                 |                                                                                         |
| June      27, 2008 | /s/ Michael R.      Elia(Michael      R. Elia)       | Executive      Vice President and Chief Financial Officer (Principal Financial      Officer) |
|               |                                                 |                                                                                         |
| June      27, 2008 | /s/ Donald P.      Aiken(Donald      P. Aiken)       | Director,      Chairman                                                                      |
|               |                                                 |
|               |                                                 |                                                                                         |
| June      27, 2008 | /s/ Edward G.      Jepsen(Edward      G. Jepsen)     | Director                                                                                     |
|               |                                                 |
|               |                                                 |                                                                                         |
| June      27, 2008 | /s/ Randall D.      Ledford(Randall      D. Ledford) | Director                                                                                     |
|               |                                                 |
|               |                                                 |                                                                                         |
| June      27, 2008 | /s/ John R.      Lord(John      R. Lord)             | Director                                                                                     |
|               |                                                 |
|               |                                                 |                                                                                         |
| June      27, 2008 | /s/ Carole F. St.      Mark(Carole      F. St. Mark) | Director                                                                                     |
|               |                                                 |
|               |                                                 |                                                                                         |
| June      27, 2008 | /s/ W. Jerome      Vereen(W.      Jerome Vereen)     | Director                                                                                     |