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LDR International and Fusion Systems International to Continue Operations

Tuesday, November 20, 2001

Press release from the issuing company

PORTLAND, OR - November 19, 2001 -- LDR International (http://www.LDR.com) and Fusion Systems International (http://www.fusiondfe.com), former divisions of parent company Litho Development and Research (LDR), have today announced that they will continue operations, from their current location in Portland Oregon, with the bindery and finishing division headed by John Porter (johnp@LDR.com) and the Fusion Systems International division headed by Logan Herbert (loganh@LDR.com). The acquisition of assets of Litho Development and Research by Pitman Company (http://www.pitman.com), which transaction is to scheduled to close by December 1, 2001, will not effect the continued operations of LDR International and Fusion Systems International. More information about the continued operations of LDR Interntional and Fusion systems International can be obtained by contacting John Porter (johnp@LDR.com, 1-503-255-5800) or Logan Herbert (loganh@LDR.com, 1-503-261-7395) respectively. LDR International LDR International is a provider of total bindery and finishing solutions for the graphic arts and printing industries. Bindery and finishing product lines include paper cutters, trimmers, joggers, printing presses, collators, binders, and saddlestitchers.




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