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Presstek Updates drupa Scene

Press release from the issuing company

HUDSON, N.H., May 11 -- Presstek, Inc., a leading manufacturer and marketer of environmentally responsible high tech digital imaging solutions for the graphic arts and laser imaging markets, today announced that its new products and innovations have been well received by the industry at drupa, an international printing exhibition currently being held in Dusseldorf, Germany. On Saturday, May 8th Presstek's President and CEO Presstek Ed Marino highlighted the Company's new innovations to over 80 industry journalists and analysts at its drupa press conference. During his presentation Marino discussed the markets served by the company, its brand, partners, and the new products being featured at the show. Digital Offset Presses Presstek and its partners announced two new DI press models at drupa 2004. The new high productivity model is being demonstrated at drupa by Presstek's OEM partners as the Ryobi 3404X DI, KBA 46 Karat Plus, and KPG DirectPress 5634 DI. These new fully automated digital offset presses deliver superior quality with a push of a button, setting a new quality standard for digital offset printing. Activity around the 46 Karat Plus on the Presstek stand has been brisk. Presstek's Director of DI Marketing Stan Najmr said, "Visitors from around the globe are truly impressed by the press' level of automation and by the quality of the printed sheet, the details and colors are outstanding." The second model is the new, lower cost, entry-level model. This exciting new press implements precisely the right balance of automation, quality, and price and is designed to significantly broaden the market for DI technology. Presstek's DI partners are scheduled to deliver this new entry-level DI press system during the second half of 2004 with a very competitive purchase price. Presstek's Chemistry-free CTP Systems Presstek announced the new Dimension Excel CTP system, which uses Presstek's process-free Applause plates and chemistry-free Anthem plates. Based on new ProFire Excel imaging technology, Dimension Excel platesetters produce up to 20 plates an hour. Visitors at drupa have been enthusiastic about the high-level of output quality achieved by the Dimension Excel systems and with the systems new automation features. Presstek has taken orders for over thirty Dimension CTP systems after only five days of the fourteen-day drupa show. "We are excited about the crowd's level of interest in our Dimension computer-to-plate solutions. We believe this level of sales activity demonstrates that Presstek's chemistry- and process-free computer-to-plate solutions are an attractive solution for a broad array of print producers," said David Ventola, Presstek's General Manager of Off-press products. A.B. Dick's Vector TX52 Distributed by A.B. Dick, the Vector TX 52 utilizes Presstek's new SureFire imaging technology and chemistry-free Freedom plates. Presstek's Director of Off-press Marketing, John O'Rourke stated, "The Vector TX 52 is one of the hottest CTP products at the show. It is engineered with the smaller commercial printer in mind. The Vector TX 52's chemistry-free imaging, high quality metal plates, and prices that are competitive with polyester based CTP plates are an outstanding combination. In addition, the Vector TX 52 allows Presstek to expand its market reach to the small commercial printer." Industry Verifies Presstek's Product Strategy Presstek's President and CEO Edward Marino said, "So far, this has been a very exciting drupa for Presstek. Our distribution network and their customers have enthusiastically embraced our new products. But, to me, the most exciting aspect of the show has been the validation of Presstek's product strategy and business direction." "The industry has recognized that process-free plates and direct imaging are the sustaining technologies for offset printing," said Marino. "We therefore expect to see an increasing number of product announcements from other industry participants. This validation of Presstek's long held strategic direction is good for Presstek and the industry as a whole." Marino continued, "Presstek was first to market with both process-free plate technology and direct-imaging on press. Our chemistry-free products set the standard for quality, cost-effective printing, and are designed to reduce the environmental and health hazards associated with other imaging platforms. Presstek has over ten years of experience in the chemistry-free, direct imaging fields and the competition has a long way to go to catch up. We are currently delivering the fourth generation of both our process-free plates and laser imaging applications, and are eagerly looking forward to the future. We strongly believe that Presstek is solidly positioned to continue its leadership role and plan to continue to bring innovative products to the marketplace that will meet and exceed customer needs."