Trustee: Bankrupt Printer Took Assets
ALBANY, NY—As much as $1.2 million was illegally taken from Tech Valley Printing by shareholders. The Albany Times Union reported that the trustee overseeing the defunct printer's Chapter 7 proceedings filed a complaint in U.S. Bankruptcy Court alleging that payments were made while the firm was insolvent during a one-year period leading up to its April 2008 filing.

GE Capital Auctioning Premier Graphics Assets
CHATTANOOGA, TN—GE Capital has foreclosed on former roll-up printer Premier Graphics and will hold a Uniform Commercial Code sale to liquidate its assets, according to a Notice of Public Sale that was posted in the Chattanooga Times Free Press. The auction will take place March 19 at the offices of King & Spalding LLP. Contact Dan Egan at King & Spalding, (212) 556-2139, for more information.

Press-sense Loses Two Top Investors
OR AKIVA, ISRAEL—Press-sense has confirmed that its two major investors, Vertex and Evergreen, have ceased investing in the company. Plenus, an investment lending fund that loaned the company $5 million in 2008, has petitioned to have an Officer of the Court appointed to direct Press-sense going forward. The Israeli court has appointed Adv. Paz Rimer to supervise and direct its continuing operation. Rimer has, in turn, appointed a management team—led by Amir Shaked, the current CEO.

EFI Connect Auction to Benefit Education
FOSTER CITY, CA—EFI will host the inaugural Connect auction with more than 20 items ranging from add-on software to consulting services. The live auction will be held during the sponsors’ appreciation reception on Monday, April 19, starting at 4:45 p.m. The 11th annual Connect users’ conference is taking place April 18 to April 21 at the Wynn Las Vegas featuring educational sessions, user group meetings, keynote speakers and product demonstrations across the entire EFI portfolio.

Courier Corp. Adds Ink-jet Web Press
NORTH CHELMSFORD, MA—Courier Corp. has installed an HP T300 color ink-jet web press to expand its service offerings to include digital printing for manufacturing books. With the HP T300, Courier can drive profitable growth by offering 1,200x600 dpi imaging in a speed and size combination that produces 2,600 letter-size pages per minute.

Bennett Graphics Marks JDF Milestone
TUCKER, GA—The first U.S. implementation of Heidelberg's Prinect interface linked with EFI's Monarch print production and management solution recently went live at Bennett Graphics here. The company is using the linkage to facilitate fast, accurate machine setups and harness real-time production data from its Heidelberg presses, based on the bidirectional exchange of JDF/JMF presets and job costing information between the company's existing Prinergy workflow, Prinect Pressroom Manager and Monarch MIS.

Donnelley Signs Educational Contract
CHICAGO—RR Donnelley has been awarded a $375 million, multiyear agreement to provide college textbook printing, graphic management services, packaging, on-demand printing and other services to Cengage Learning. Cengage Learning will draw on Donnelley’s domestic and international capabilities to help it deliver highly-customized learning solutions for colleges, universities, instructors, students, libraries and other users under a portfolio of well known company and imprint brands that include Brooks/Cole, Course Technology, Delmar, Gale, Heinle, Schirmer, South-Western and Wadsworth.

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