Thank you for contacting us. Indeed there is an issue with the CMYK conversion. I've added an item in out PITS under the name "ColorEditor: Wrong CMYK conversion". We will fix it after our official Q1 2012 release, which is scheduled for mid February. In addition, we will let you know as soon as we fix the problem. I've also updated your Telerik points accordingly. Let me know how I can be of further assistance.
the Telerik team
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