Show Results Confirm Presstek's Digital Offset Printing Solutions Help
Printers Become More Capable, Profitable and Competitive
HUDSON, N.H., Sept. 18 /PRNewswire-FirstCall/ -- 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(R) 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."
Good for the Environment, Good for Business
Presstek DI Digital Offset Press
The latest generation of DI presses delivers an environmentally
friendly, efficient, easy-to-use and profitable printing solution.
Presstek's DI presses offer chemistry-free platemaking, waterless printing
and substantially less waste than conventional printing processes.
Specifically, the DI's ability to go from file to sellable color within 20
sheets greatly reduces paper waste. Since the PIA/GATF estimates that the
cost of paper accounts for 22 percent of a printer's sales revenues,
implementing a Presstek DI has a direct correlation to profitability. In
general, job profitability is 13 percent higher on a DI compared to a
conventional press, and compared to a toner-based digital device, the DI
press saves 50 percent on average per letter size page.
According to InfoTrends market research, the color print market in the
U.S. will grow into a $43.2 billion opportunity by 2009. Frank Romano,
professor emeritus at the School of Print Media at the Rochester Institute
of Technology, said: "The DI is perfect for this opportunity, since 90
percent of the color business will be short-run, fast turnaround, high
quality color, and 10 percent is variable data work. Most variable data
work is really versioning, so for the highest quality at the lowest cost,
print the shells with DI and then overprint using a toner-based device."
These high quality shells are not limited to printed sheets; they can also
be #10 envelopes. The 52DI's new stream feeder can be adjusted to handle
envelopes of the #10 size.
Presstek True Chemistry-Free CTP Systems
According to a recent State Street Consultants survey of metal CTP
buyers, chemistry-free platemaking is an important requirement in their
purchasing decision. Presstek manufactures the Dimension Excel and Vector
TX52 series of chemistry-free, metal-based CTP solutions designed to
streamline plate production and deliver the speed, quality and performance
necessary to meet customer demands. The Dimension and Vector platesetters
are compact, daylight- safe, chemistry-free and easy-to-use, and they
enable printers to deliver more jobs in less time by automating key steps
and eliminating time-consuming prepress procedures. For mid-size and
smaller shops, Dimension Excel and Anthem Pro plates deliver a
high-performance print solution with high quality printed results and
support up to 100,000 impressions. The Vector TX52 with Freedom plates is
ideally suited for the quick/small commercial or in-plant printer, and
provides an affordable, small-format solution plus the benefit of imaging
high quality metal plates for about the same price as polyester.
Jim Del Monaco, owner of Gem Printing, Inc., of Carol Stream, Ill.,
placed an order for a Dimension425 Excel with Momentum Pro workflow with La
Crosse Litho Supply. "The simplicity of the Presstek Dimension's
chemistry-free operation will improve our productivity and allow us to
increase the capabilities of our shop by providing consistent quality and a
streamlined workflow," Del Monaco said.
"More and more printing businesses are looking to Presstek to provide
the right tool for the right job in order to increase their profit margins
by reducing labor costs, improving turnaround times and delivering
consistent quality cost-effectively," said Emile Tabassi, vice president,
North American sales for Presstek. "As evidenced by the growing interest in
Presstek's portfolio of digital offset solutions demonstrated at Graph
Expo, Presstek has established itself as a leading print solutions provider
and is being embraced by an increasing number of printers worldwide."
Presstek Digital Offset Solutions, See it Live
For printers who were unable to attend Graph Expo, Presstek hosts a
series of open houses across the country to provide hands-on demonstrations
of Presstek's digital offset printing solutions. These open houses feature
Presstek's 52DI digital offset press as well as its Dimension Excel and
Vector TX52 chemistry-free CTP and workflow solutions. The next events are
planned for Denver, Minneapolis, Cleveland, Dallas and Hudson, N.H.
Presstek will also be demonstrating its digital offset solutions at
Graphics Canada in Toronto, Ontario, from Nov. 8-10. For more information
and a complete schedule, visit http://www.presstek.com/events or call
1-800-524-0003 x3599 (1-603-594-8585 x3599, from outside the U.S.).
About Presstek
Presstek, Inc. is the leading manufacturer and marketer of 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 subsidiary, Lasertel, Inc., manufactures
semiconductor laser diodes for Presstek's and external customers'
applications. For more information visit http://www.presstek.com, or call
603-595-7000 or email: info@presstek.com.
"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 the
performance and availability of existing and new products and technologies,
the market's demand for and acceptance of the company's existing and new
products, expectations of future growth and profitability, expected organic
and strategic growth, and the ability of the company to achieve its stated
objectives. 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, which are subject to
management and independent audit and review, to be materially different
from any future results, performance or achievements expressed or implied
by such forward-looking statements. Such factors include, but are not
limited to, the uncertainties and delays involved with launching new
products, print market acceptance of and demand for the company's digital
and analog products, the ability of the Company to establish and maintain
distribution partners, the overall course of the digital and analog market
in the graphic arts industry, the introduction of competing products,
general financial and economic factors that could cause customers to alter
their purchasing habits or delay purchasing technology upgrades, the
ability of the Company to fulfill customer commitments and close qualified
sales leads, and market factors' effect on the print industry generally and
the economy as a whole. Other risks are detailed in the company's Annual
Report on Form 10-K and the company's other reports on file with the
Securities and Exchange Commission. The words "looking forward," "looking
ahead," "believe(s)," "should," "may," "expect(s)," "anticipate(s),"
"likely," "expectation(s)," "opportunity," 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. The company undertakes no obligation
to update any forward-looking statements contained in this news release.
SOURCE Presstek, Inc.
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Related links:
http://www.presstek.com
CONTACT:
Betty LaBaugh, Public Relations Manager of
Presstek, Inc., +1-603-594-8585, ext. 3441,
blabaugh@presstek.com; or Joanna Horn of Davies Murphy Group,
Inc., +1-781-418-2426, presstek@daviesmurphy.com, for Presstek,
Inc.
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