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Baldwin Files 10-K Report; Adjusted Results Reported

Wednesday, September 30, 2009

Press release from the issuing company

Shelton, Conn. – Baldwin Technology Company, Inc., a leader in process automation technology for the global printing industry, filed its Annual Report on Form 10-K with the Securities and Exchange Commission today. The Company noted that subsequent to its August 20, 2009 earnings release, certain adjustments have been recorded in the Company's accounting records to reverse the amounts related to improperly recorded revenues, the majority of which will be recorded during the first quarter of fiscal year 2010, and to increase reserves for the quarter and year ended June 30, 2009, based on information reviewed subsequent to the press release date. Refer to the Annual Report on Form 10-K for more detailed discussion.

 

 

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