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Baldwin Announces $1.8 Million Order from Jomo Shimbun

Thursday, October 16, 2008

Press release from the issuing company

Shelton, Conn. –– Baldwin Technology Company, Inc., a leader in process automation technology for the global printing and publishing industry, announced today that it has received a $1.8 million order from Jomo Shimbun, a major Japanese daily newspaper with a circulation of approximately 312,000.

The order includes Baldwin’s spray dampening technology, automatic guide roller cleaner, blanket cleaning systems and automatic press washer systems for two new TKS presses being installed in Jomo Shimbun’s new Isezaki printing plant in Gunma Prefecture, northwest of Tokyo. The installation is expected to be completed in October 2009.

Baldwin President and CEO Karl Puehringer commented, “This is the third major order in Japan that we have announced since early October for an aggregate value of $6.6 million. We are pleased that the leading Japanese newspaper companies continue to turn to Baldwin for the technology they need to make their press operations environmentally-friendly while delivering outstanding color and print quality and improving the economies of printing.”

Earlier this month, Baldwin announced a $1.5 million order from Chunichi Shimbun and a $3.3 million order from Sankei Shimbun.




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