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Baldwin Elects New Director

Press release from the issuing company

SHELTON, Conn.--Aug. 21, 2006-- Baldwin Technology Company, Inc., a leading global manufacturer of printing press accessories and control equipment, announced today that Frederick Westlake has been elected to the Company's Board of Directors. In 1983, Westlake became Chairman and CEO of First Technology PLC, a U.K.-based private company that grew to become an international business listed on the London Stock Exchange. The business of that company included automotive safety and sensing. Westlake resigned from the board when Honeywell Corporation acquired the company in March 2006. Prior to establishing First Technology, Westlake was a lecturer at Imperial College, London University, a guidance system engineer for the NASA Apollo program, an R&D director for British Iron and Steel Corporation, a divisional chief executive of Thorn EMI PLC and a founding partner and executive director of Job Creation Ltd. He received his B.S. degree from Leicester University, a Ph.D. and a Diploma of Imperial College from Imperial College, London University. Baldwin Chairman and CEO Gerald A. Nathe said, "We welcome the addition of Fred to our Board of Directors. With his extensive international experience, we expect he will be a valuable contributor to Baldwin as the Company continues to grow as a leader in the global marketplace."