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Heidelberg Celebrates Polar's 100th Anniversary, Plans To Display Latest Cutting Technologies At Graph Expo

Press release from the issuing company

KENNESAW, Ga., October 11, 2006 – POLAR-MOHR recently celebrated its 100th anniversary, marking the milestone event with a series of festivities in Wiesbaden, Germany. The company, which was founded by Adolf Mohr in 1906, has built a reputation as a technology and industry leader and recently sold its 125,000th high-speed cutter. Since 1949, Heidelberg and POLAR have worked together to deliver POLAR’s high-speed cutters and cutting systems to customers around the world. POLAR cutting systems will be on display at the Heidelberg booth #1200 at Graph Expo, which is being held in Chicago at McCormick Place on Oct. 15 – 18. “POLAR has been a partner to Heidelberg for more than 57 years, and we are delighted to celebrate the company’s history on its 100th anniversary,” said Jim Dunn, president, Heidelberg USA. “Working with POLAR has been a great experience for Heidelberg, and most importantly, for our customers, who benefit from superior equipment and technology. Heidelberg would like to thank POLAR Managing Directors Alfred Henschel and Michael Neugart for their business and support.” As part of its Postpress solutions, Heidelberg offers a broad range of POLAR cutters, providing customer support from sales to installation to service and beyond. Today, more than 20,000 POLAR cutters have been installed in North America alone. POLAR cutters are designed with the latest technologies to break down bottlenecks in the bindery and are available in a wide range of models from 26-inch machines all the way up to 69-inch machines. In addition to cutters, POLAR also provides a range of paper handling equipment to further speed the cutting process and save customers valuable time at the cutting station. To learn more about POLAR high-speed cutters and see the machines in action, visit the Heidelberg booth #1200 at Graph Expo. Heidelberger Druckmaschinen AG With a global market share for sheetfed offset printing machines of more than 40 percent, Heidelberger Druckmaschinen AG (Heidelberg) is the world’s leading solution provider for commercial and industrial customers in the print media industry. Headquartered in Heidelberg, Germany, the Company focuses on the entire process and value chain for popular format classes in the sheetfed offset and flexographic printing sectors. Apart from printing presses, the product portfolio includes plate imaging devices and finishing equipment, as well as software components designed to integrate all print manufacturing processes. In addition, Heidelberg offers a wide range of spare parts, consumables, used equipment and services, along with extensive training programs provided by the Print Media Academy. Furthermore, the Company assists its customers’ investment plans by offering financing concepts. Heidelberg is most active within the major OECD industrial regions and is expanding its involvement within growing markets such as Asia and Eastern Europe. With development and production sites in six countries and some 250 sales offices world-wide, the Company offers services to more than 200,000 customers around the globe. Heidelberg generates 85 percent of global sales through company-owned sales offices and well above 80 percent outside of Germany. In fiscal year 2005/2006, Heidelberg achieved sales of Euro 3.586 billion referring to the divisions Press, Postpress and Financial Services as well as a net profit of Euro 135 million. As of March 31, 2006, the Group employed 18,716 staff worldwide.

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