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KBA North America Appoints John Raithel New Regional Vice President

Press release from the issuing company

November 7, 2003: Williston, VT -- KBA North America, a leading sheetfed offset press manufacturer, is implementing a new managerial structure in which John Raithel has been named a regional vice president. In his new position, Raithel will be overseeing the Canadian sales force and will have overall responsibility for used equipment in North America.           “I am very excited about this new opportunity to serve with KBA North America,” says Raithel. “I am pleased to be working with a growing company that is expanding further into the commercial printing market. The entire KBA organization has a positive attitude, and I am looking forward to spreading the word about KBA to small commercial shops as well as large printing firms.”           Previously, Raithel had spent 16 years with another printing press manufacturer selling sheetfed and bindery equipment in Michigan and Ohio as well as being the remarketed equipment manager. In 2001, he was named National Salesman of the Year. He has a degree in printing technology and a Bachelor of Science degree in printing education. He has also taught printing at Ferris State.           “We congratulate John on his new appointment at KBA,” says Ralf Sammeck, president and CEO of KBA North America’s Sheetfed Division. “His vast experience in the graphic arts industry will enable KBA to better serve our customers as we expand in the commercial and digital markets.”           KBA North America is a leading supplier of sheetfed offset and digital presses located in Williston, VT. It is a member of the KBA Group, a leader in the manufacture of sheetfed offset, digital offset, web offset, rotogravure directory, security, and newspaper presses.