Presstek Launches New Direct Imaging Press23 February 2006
Presstek, Inc., (Nasdaq: PRST), a leading manufacturer and marketer of high-tech digital imaging solutions for the graphic arts market, today announced the first Presstek-branded Direct Imaging (DI) press, the Presstek 52DI, which will make its worldwide debut in Birmingham UK at IPEX 2006 from April 4th to 11th. "The new Presstek 52DI is a huge step forward in digital offset printing. It is not only the highest performing and most advanced two-page direct imaging press in the market but, by truly capturing the value of DI and zero transfer printing technology, this may be the best two-page press ever," said Edward J. Marino, Presstek President and Chief Executive Officer. Presstek's Vice President of Marketing Peter Bouchard said, "The 52DI is designed to be among the most efficient and profitable presses ever brought to market in the 52cm landscape-format size. The press is designed to efficiently produce the lowest cost per page for print runs of 250 to 10,000, while maintaining its cost advantage into much longer run lengths. We believe the level of speed, quality, ease-of-use, and productivity of the 52DI is a breakthrough for commercial printers and will have a very positive impact on shops that implement this new press." Bouchard continued, "The new Presstek 52DI press once again raises the bar. The press prints at speeds up to 10,000 sheets per hour on a wide range of substrates. The press is designed to deliver perfect first-sheet registration. Unlike conventional presses, where registration is challenged by the substrate being transferred from tower to tower, the 52DI achieves perfect registration through Presstek's unique Zero Transfer Printing (ZTP) process. With ZTP, all four colors are laid down onto the sheet without any sheet transfer between colors." "We believe that the Presstek 52DI press will better accommodate European print provider requirements," added Quen Baum, Presstek Europe's managing director. "Its sheet size assures compatibility with the European market in a press with a small footprint. It is designed to be just what the European market has been asking for." The Presstek 52DI press will be available for sale in Europe commencing at IPEX April 4th, and will be available in the U.S. later this year. Marino concluded, "With demands increasing, customers will now be able to take advantage of the growing market for high-quality, fast-turnaround, short- run superior color. The Presstek 52DI press is designed to enable printers to capitalize on a growth market, increasing the volume of business from existing customers, as well as positioning them to acquire new customers who are seeking these differentiated services. We believe the Presstek 52DI is the best press available today to meet the needs of this fast growing market." Personal demonstrations of the Presstek 52DI press at IPEX can be scheduled by visiting http://www.Presstek.com/events. For more information visit http://www.presstek.com, or email: info@presstek.com, or call in North America 603-595-7000, or in Europe call +44 20 8745 8000. About Presstek Presstek, Inc. is a leading manufacturer and marketer of environmentally responsible high tech digital imaging solutions to the graphic arts and laser imaging markets. Presstek's patented DI(R), CTP and plate products provide a streamlined workflow in a chemistry-free environment, thereby reducing printing cycle time and lowering production costs. Presstek solutions are designed to make it easier for printers to cost effectively meet increasing customer demand for high quality, shorter print runs and faster turnaround while providing improved profit margins. Presstek's Precision Lithograining Corporation is a manufacturer of high quality digital and conventional printing plate products, including Presstek's award-winning, chemistry-free Anthem plate. Presstek subsidiary, Lasertel, Inc., manufactures semiconductor laser diodes for Presstek's and external customers' applications. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this News Release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding customers' acceptance of and demand for the Company's newly introduced products. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the uncertainty and delays associated with launching new products, market acceptance of and demand for the Company's products, the effects of the introduction of a competing product and the impact of general market factors in the print industry generally and the economy as a whole. Other risks are detailed in the Company's filings with the Securities and Exchange Commission. The words "looking forward," "anticipates," "expects," "will," "believe(s)," "may," "is expected to," "likely," and similar expressions, among others, identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. Presstek undertakes no obligation to update any forward- looking statements contained in this news release. CONTACT: Jane Miller Corporate Relations Manager 603-594-8585 ext. 3466 investorrelations@presstek.com
Source: prnewswire
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