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Baldwin Joins Russell Microcap Index

Press release from the issuing company

SHELTON, Conn.--June 29, 2006-- Baldwin Technology Company, Inc., a leading global manufacturer of printing press accessories and control equipment, announced today that it will join the Russell Microcap(TM) Index when the Russell Investment Group reconstitutes its family of U.S. indexes on June 30, according to a preliminary membership list posted at http://www.russell.com. Vice President and CFO Vijay C. Tharani said, "This is an important milestone for our company. Placement on the Russell Microcap Index will provide us with exposure to a new group of investors who previously may not have been introduced to Baldwin." Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $3.8 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of members stocks according to that company's weighting in the particular index.