EXHIBIT 21

                              X-RITE, INCORPORATED
                        LIST OF CONSOLIDATED SUBSIDIARIES

1.       X-RITE INTERNATIONAL, INC., a Barbados Corporation, is a wholly owned
         subsidiary of X-Rite, Incorporated, being utilized as a foreign sales
         corporation.

2.       X-RITE HOLDINGS, INCORPORATED., a U.S. Corporation, is a wholly owned
         subsidiary of X-Rite, Incorporated, being utilized as a stockholder of
         certain foreign subsidiaries.

3.       X-RITE GMBH, a German Corporation, is wholly owned by X-Rite Global,
         Incorporated and X-Rite Holdings, Incorporated, and being utilized as a
         sales and service office.

4.       X-RITE ASIA PACIFIC LIMITED, a Hong Kong Corporation, is wholly owned
         by X-Rite Global, Incorporated and X-Rite Holdings, Incorporated, and
         being utilized as a sales and service office.

5.       X-RITE LTD., a United Kingdom Corporation, is wholly owned by X-Rite
         Global, Incorporated and X-Rite Holdings, Incorporated and being
         utilized as a sales and service office.

6.       X-RITE MA, INCORPORATED, a U.S. Corporation, is wholly owned by X-Rite,
         Incorporated and being utilized as a sales and service office.

7.       OTP, INCORPORATED, a U.S. Corporation, is wholly owned by X-Rite,
         Incorporated and was used to execute a real estate transaction.

8.       LABSPHERE, INC., a U.S. Corporation, is wholly owned by X-Rite,
         Incorporated and is a manufacturer of light measurement systems and
         related proprietary materials.

9.       X-RITE MEDITERRANEE SARL, a French Corporation, is wholly owned by
         X-Rite Global, Incorporated and X-Rite Holdings, Inc., and being
         utilized as a sales and service office.

10.      X-RITE GLOBAL, INC., a U.S. Corporation, is a wholly owned subsidiary
         of X-Rite, Incorporated, being utilized as a stockholder of certain
         foreign subsidiaries.

11.      XR VENTURES, LLC, a U.S. Limited Liability Corporation, is a majority
         owned subsidiary of X-Rite, Incorporated, being utilized as a venture
         capital company.

12.      COHERIX, CORPORATION, a U.S. Corporation, is majority owned by X-Rite,
         Incorporated and is a manufacturer of laser based measurement systems
         and related proprietary materials.

13.      X-RITE EUROPE, B.V., a Netherlands Corporation, is wholly owned by
         X-Rite Global, Incorporated and X-Rite Holdings, Inc., and being
         utilized as a sales and service office.

14.      X-RITE, (SHANGHAI) INTERNATIONAL TRADING CO. LTD. a Chinese
         Corporation, is wholly owned by X-Rite Asia Pacific Limited, and being
         utilized as a sales and service office.

15.      MONACO ACQUISITION COMPANY, a U.S. Corporation, wholly owned by X-Rite,
         Incorporated and is developer of software products to the Graphics Arts
         industries.

16.      X-RITE, KK, a Japanese Corporation, wholly owned by X-Rite Global,
         Incorporated and X-Rite Holdings, Incorporated, and being utilized as a
         sales and service office.

17.      X-RITE, ITALY SRL., an Italian Corporation, wholly owned by X-Rite
         Mediterranee and being utilized as a sales and service office.

18.      X-RITE, X-RITE ASIA PACIFIC PTE a Singapore Corporation, wholly owned
         by X-Rite Asia Pacific, and being utilized as a sales and service
         office.

19.      LABSPHERE LTD., a United Kingdom Corporation, is wholly owned by
         Labsphere Incorporated, and not currently being utilized.