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Komori: Exceeds Expectations at Graph Expo, Takes Orders for 35 Presses

Wednesday, October 16, 2002

Press release from the issuing company

(October 14, 2002 Rolling Meadows, IL) Komori America announced today that orders for 35 new Komori presses were taken at Graph Expo. "We are very pleased with this result. We think this is a definite sign of upturn in the printing industry," says Stephan Carter, President and COO of Komori America Corporation. "We’ve seen business start to pick up in the last six to eight weeks, and came into Graph Expo cautiously optimistic. Conversations on the show floor confirmed that printers are seeing a light at the end of the tunnel, and are making equipment purchases to position their businesses for the future." The new Komori Lithrone S40, making its US debut at Graph Expo, received favorable response on the show floor. "Our demonstrations were packed and visitors were very excited about the new features on the LS. We did countless technical walk-throughs on the press, highlighting the new technology. Needless to say, people were blown away," says Komori America Product Manager, Doug Schardt. "From our perspective Graph Expo was the launching pad for a strong finish to this year," says Carter. "We had significant interest not only in our new LS press, but also our Lithrone Super Perfector, our System 20 web press and our Lithrone 28 half size presses. In addition, printers were very interested in our strategic alliances with Creo and PrintCafe, and the open architecture solutions we can provide. We’ve got some real momentum going, and look forward to sustaining this high level of activity." Komori Corporation, headquartered in Tokyo, Japan, is a premier manufacturer and worldwide distributor of offset printing presses. The Company has manufacturing facilities in Toride, Sekiyado, Yamagata and Tsukuba, Japan, and subsidiaries in Europe, the UK and the United States. Komori America Corporation is based in Rolling Meadows, Illinois, and manages a distribution and service network throughout the United States




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