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Presstek Appoints Moosa E. Moosa Vice President and CFO

Press release from the issuing company

HUDSON, N.H., March 13 -- Presstek, Inc., a leading provider of direct digital imaging technology, today announced the appointment of Moosa E. Moosa as vice president-finance and chief financial officer. An executive with more than 20 years of solid financial and operational experience, Moosa was most recently executive vice president, chief financial officer and treasurer at Rebar, LLC, a group of technology-based companies. Prior to Rebar, Moosa was vice president -- finance, treasurer and chief financial officer, as well as vice president -- mergers and acquisitions and investor relations at Chemfab Corporation, a NYSE multinational manufacturer of PTFE composites, engineered products and materials systems for specialized applications. "We are extremely pleased to welcome Moosa to Presstek,'' said Robert Hallman, Presstek's President and Chief Executive Officer. "We believe Moosa's extensive financial, strategic and operational experience, together with his strong leadership characteristics will make him a valuable member of our management team.'' In his roles as vice president and chief financial officer at Rebar, Chemfab, and before that at Freudenberg Nonwovens LP, Moosa developed special competencies in building and managing global financial operations; developing and implementing financial and business strategies and tactics; developing and maintaining investor and banking relationships; evaluating, negotiating and integrating acquisitions; and strategic financial repositioning of companies and business units. He is a certified public accountant and an AICPA member. Moosa has a Bachelor of Commerce degree from the University of Durban- Westville, South Africa. He also received post-graduate diplomas in accounting and taxation law from the Universities of Natal and Witwatersrand, respectively, in South Africa, and was a Fellow at Harvard University in the U.S., where he completed the Program for Management Development.