Presstek Sees Strong Demand for its Sustainable Print Solutions at Graph Expo 2007
HUDSON, NH—Sept. 18, 2007—Presstek, Inc. (Nasdaq: PRST), the leading manufacturer and marketer of digital offset printing business solutions, continued to build momentum and furthered its presence in the industry with a strong showing at Graph Expo 2007, North America’s largest industry trade show. During Graph Expo, Presstek demonstrated how print service companies in today’s changing print market can increase their ability to be more capable, profitable and competitive with its digital offset solutions. Presstek demonstrated how its environmentally friendly Presstek DI® digital offset presses and true chemistry-free computer-to-plate (CTP) systems can help print businesses achieve superior quality color printing faster and more profitably. During the four-day event, Presstek took orders for 16 DI presses, two of which came from La Crosse Litho Supply, LLC, Presstek’s recently appointed Midwestern dealer. These orders, in combination with CTP orders from Graph Expo, should result in revenues of more than $6 million.
Larry Klemz, president of Home Mountain Printing, a full-service commercial sheetfed and non-heatset web offset printer, said: “I purchased Presstek’s 52DI in order to better service our customers and make our short-run work more profitable, while maintaining the high quality standards that our customers expect. Recently we experienced a decline in short-run process color work, but with Presstek’s DI, I am confident that we will recapture that market with our added ability to produce high quality print jobs cost-effectively, as well as expand our range of service offerings.”
“A year ago, Dr. Joe Webb stated that Presstek products match the likely changes in print demand. The sales activity we experienced at Graph Expo confirms that mainstream print demand has shifted, which uniquely positions Presstek to address those changing needs with the strengths of our product offerings – fast turnaround, cost-effective, high quality and environmentally friendly short-run color printing,” said Jeff Jacobson, president and chief executive officer of Presstek. “At Graph Expo, we found that print providers are looking to Presstek’s family of products to help them compete more profitably and competitively in this changing market.”