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Quad Purchases 10 Presses from MAN and Heidelberg at Drupa

Press release from the issuing company

DUSSELDORF, Germany--May 13, 2004-- While attending Drupa 2004, Quad/Graphics - the world's largest privately held commercial printer - committed to purchasing a total of ten 64-page presses from exhibiting press manufacturers Heidelberg and MAN Roland. The purchases, at an aggregate value of $150 million, will significantly expand the capacity of the printer's installed equipment base, which currently leads the industry as the most modern and technologically advanced. Specifically on order are eight Heidelberg 3000/32 double-web presses and two MAN Roland LITHOMAN double-web presses. Both models boast an ultra-productive 64-page format, making them particularly well suited for high-speed, high-quality magazine and catalog production. "Efficiency and flexibility are mission critical to meeting our clients' needs," said Thomas A. Quadracci, Quad/Graphics President & CEO. "We're confident that the 64-page presses' ability to double output while reducing makereadies will meet our productivity requirements going forward and further cement our competitive advantage." All ten presses will be installed at various Quad/Graphics locations over the next three years and will be equipped with a variety of QuadTech-designed auxiliary controls, including the award-winning closed-loop Color Control System with System Brunner interface, Register Guidance System, Ribbon Control System and vertical stackers/bundlers, among other computerized components. Quad/Graphics is currently installing its first two Heidelberg 3000/32 double-web presses, which it purchased in October 2003 when Heidelberg debuted them at the Graph Expo in Chicago. Meanwhile, Quad/Graphics will become the first printer in the United States to install the 64-page format MAN Roland LITHOMANS, also in a double-web configuration. Since 1975, Quad/Graphics has purchased more than 130 web offset presses.