WhatTheyThink

Printware Announces Shareholder Approval of Sale of Operating Assets

Press release from the issuing company

ST. PAUL, Minn., Nov. 14 -- Printware, Inc. today announced its shareholders have approved of the company's sale of operating assets to Printware Acquisition, LLC, an investment unit of Renaissance Equity Partners. Closing of the transaction is expected to occur prior to the end of the year. Printware, Inc. designs, builds and markets "computer-to-plate'' systems, which are used by the printing industry to create printing plates directly from computers or the Internet. Computer-to-plate systems replace the traditional platemaking process of typesetting, proofing, paste-up, camera work and processing film.