Moonachie, NJ, May 13, 2004— Applied Printing Technologies (APT) announced today it is embarking on an $8 million capital improvement plan for its Moonachie, NJ and Elmira, NY facilities. The impetus for the investment is to provide customers with the most advanced end-to-end technologies for both web and sheet-fed applications. APT’s upgraded capabilities will offer its customers expanded print applications and a new level of productivity. Technologies acquired include: - Komori Sheetfed, 8-color 28 X 40” LS-840-III—This press is fully loaded with enhancements that include Komori Inline Coating Systems for both UV and aqueous coating applications and sophisticated color management and productivity tools that ensure color consistency throughout the run and deliver faster makeready and less paper waste. - Komori Sheetfed 6-color 28 X 40 Lithrone LS-640-III press—Fully loaded with the same enhancement features as the 8-color, the LS-640-III includes the Komori Inline Aqueous Coating System. - ApogeeX Workflow Management System and two Grand Sherpa Inkjet proofers —Intended to streamline prepress workflow, deliver faster throughput and reduce costs for APT customers, these systems offer soft proofing and FM screening capabilities and will be an integral component of the company’s color management package. - Rebuild of one of the M1000 Presses at the Elmira, NY facility—The rebuild of the M1000 is part of the company’s ongoing program to continually enhance its press capabilities to ensure the delivery of the highest quality long-run commercial print applications. - Addition of JetWeb Inline System to the Elmira, NY facility—As the second inline installation in the Elmira facility, this new addition will expand the plant’s ability to provide sophisticated inline finishing requirements, including folding, die-cut and gluing capabilities. “We are very excited about this capital investment as it will better position us to meet the full gamut of our customers’ requirements, whether web or sheet-fed,” said Carl S. Grossman, president and CEO of APT. “The addition of such advanced technologies ensures that we continue to deliver on APT’s promise to be a total solutions provider of graphic communications. Our focus has always been to provide our customers quality, value and exceptional customer support. Upgrading our capabilities allows us to offer our customers the best in print options, as well as making it possible for APT to expand into new market segments.” APT believes that investing in superior technologies is paramount to providing the most advanced, efficient solutions for its customers. These recent investments are wholly designed to provide more options, better capabilities and higher-quality output for every type of print requirement.