Sanat Shah

MUMBAI, INDIA/MILLERSBURG, PA—November 7, 2006—The management teams of Dauphin Graphic Machines, Inc. (DGM) and Manugraph Ltd. (Manugraph) announced today a historic, global merger in the web offset press business. DGM and Manugraph are merging businesses to form the largest single width press manufacturing company in the world, ‘Manugraph-DGM.’ “Manugraph had established itself as the clear market leader in India, and had broadened its scope throughout the world in recent years,” said Sanat Shah, founder and chairman of Manugraph. With the acquisition of DGM as the single width leader in North America, Manugraph continues with the objective to dominate its business worldwide. “In today’s highly competitive,

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