North American Cerutti

KBA Selling Gravure Business to Cerutti
September 27, 2007

WÜRZBURG, GERMANY—September 27, 2007—Press manufacturers Koenig & Bauer AG (KBA) in Germany and Officine Meccaniche Giovanni Cerutti S.p.A. (Cerutti) in Italy have signed an agreement transferring to Cerutti for an undisclosed sum all KBA’s intellectual property rights (know-how, industrial designs and patents) relating to rotogravure printing presses for magazines, catalogues and decorative paper. KBA will design and manufacture the folders for all new Cerutti publication rotogravure presses. In addition KBA will continue to provide after-sales service for the rotogravure presses it sold up to the date of the transaction. The agreement will allow the two groups to optimise the development and manufacture of their products and