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Presstek Strengthens European Focus and Leadership

Press release from the issuing company

HUDSON, N.H., March 30 -- Presstek, Inc., a leading manufacturer and marketer of environmentally responsible high tech digital imaging solutions for the graphic arts and laser imaging markets, announced today that as a result of its recent acquisition of the A.B.Dick Company, it has restructured its European operations at the ABDick facility in Brentford, London. The new company, Presstek-Europe, combines Presstek's current European distributor business and the business of ABDick in the U.K. under the leadership of a strong management team. Quen Baum, who has successfully managed ABDick's business in the U.K. for the past ten years, has been appointed Managing Director for Presstek-Europe. As such, Baum is responsible for the operations of Presstek's European dealer network as well as its ABDick U.K. operation. Ray Hillhouse, who has served in various sales and management positions at ABDick U.K. over the past 15 years, has been appointed Managing Director of ABDick U.K., reporting to Baum at Presstek-Europe. ABDick U.K. will continue to represent the company's operations in the U.K., and will be adopting a new corporate image to reflect its new ownership and direction. "This is an exciting opportunity to move Presstek's business forward in Europe, as well as enhance the support of our already sizeable customer base from a European headquarters," remarked Baum. "The rationalization of the resources of our operations in the U.K. positions us well to expand our coverage as the new Presstek-Europe, as well as further the business of ABDick U.K. Since partnering with Presstek in the UK market two years ago, ABDick U.K. has become one of Presstek's largest European distributors and gained important product knowledge and experience. With Presstek-Europe we will now be able to use that knowledge and experience to expand our coverage across Europe." Presstek President and Chief Executive Officer Edward J. Marino said, "We are delighted to be able to strengthen our European focus under Quen's leadership. We already have a strong distribution network in Europe and will now be able to offer more in terms of technical, sales and marketing, and logistic support from the U.K. In addition to Presstek's current team of sales managers and technical support specialists, we intend to strengthen our sales and technical team in Europe to offer an increased level of first line assistance to our distributors and partners for both our DI press and Dimension CTP lines of business."