Editions   North America | Europe | Magazine

WhatTheyThink

Presstek Delivers Strong Showing at IPEX 2006

Press release from the issuing company

Hudson, N.H., April 12 -- Presstek, Inc., a leading manufacturer and marketer of high-tech digital imaging solutions for the graphic communications industry, today reported that its IPEX 2006 results exceeded the company's expectations, further demonstrating the strength of its digital leadership position. Building on the recent announcements of two Presstek-branded DI presses, a new generation chemistry-free plate and the opening of its new European Business Center, Presstek successfully landed multiple customer commitments for its products at the IPEX 2006 exhibition, which took place from April 4th to 11th in Birmingham UK. "The combination of new Presstek products targeted at the printing industry's growth segments and our newly established European organization brought us great success at IPEX 2006," said Edward J. Marino, Presstek's president and CEO. "We believe that the interest and resulting customer commitments received at the show confirms that we are on track with providing the right solutions to meet the needs of print service providers. Presstek's products not only meet the growing demand for high-quality, fast turnaround, cost effective short run color printing, they also deliver the total solution -- from the imaging engine through to consumables, service and support. We are encouraged by the excellent customer response received at IPEX 2006, and we are very excited to be focusing on expanding our leadership role in Europe at this time -- with these products and with our new organization." SHOW HIGHLIGHTS Presstek 34DI Press This Presstek-branded two-page, four-color DI press is available in two models. Both newly branded models were demonstrated for the first time at IPEX 2006. "The brisk activity around these presses and the resulting sales orders demonstrate to us that print service providers are looking for a solution that fills the gap between conventional presses and copier-technology. The DI produces more work in less time than a conventional press and more cost effectively with higher quality than digital copier-technology," said Peter Bouchard, Presstek's marketing vice president. Presstek 52DI Press IPEX 2006 was the first showing of the Presstek 52DI, the first Presstek-branded direct imaging press. This 52cm landscape format press provides a growth opportunity for print providers who want to take advantage of the growing demand for high-quality, fast turn around, short run four-color work. This press is capable of producing 10,000 sheets per hour with a job changeover time of 10 minutes, including imaging. "There is a growing need for high-quality color that can be produced quickly and profitably," said Ray Hillhouse, Presstek Europe's sales and marketing director. Presstek's Spanish distributor MDI, part of the Illasa group, ordered four 52DI presses at the start of the show. "The format of this press is perfect for our market. We anticipate such a great demand for this press in Europe that we wanted to place orders to get the first deliveries of these presses," said Carlos Vilaplana, MDI's sales manager. "This press will open new doors for us and our customers." Presstek Anthem Pro Chemistry-free Plate This new generation chemistry-free thermally imaged digital plate is the latest addition to Presstek's industry leading portfolio of truly chemistry-free thermal plates. It optimizes the advantages and proven capabilities of a grained anodized surface and requires only a simple water rinse after imaging to prepare the plate for printing. In combination with Presstek's Dimension series of thermal platesetters, Anthem Pro delivers a high performance print solution with a streamlined workflow, high quality printed results and supports run lengths up to 100,000 impressions. "The sales of Presstek Dimension Excel chemistry-free CTP systems at IPEX brings an excellent opportunity for the new Anthem Pro plate to demonstrate the highest level of simplicity and quality in the CTP arena," explained Quen Baum, Presstek's Managing Director of Europe. IPEX 2006 RESULTS * Over $9.0 million in customer commitments received for Presstek's 52DI and 34DI presses; and its Dimension, Vector TX52 and DPM platesetters * Over 500 qualified sales leads recorded with over 25% for Presstek DI presses "Europe is a great market opportunity for Presstek. We believe that our products and services will bring great value to this market," said Edward J. Marino, Presstek's president and CEO, "and the results from IPEX seem to indicate that the market agrees with us. We look forward to the continued growth of our presence in Europe, and to the growing success of the companies who have purchased from us here at IPEX. We would like to thank Quen Baum, Ray Hillhouse and our entire European and marketing organizations for making IPEX a real success."