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Employee Equity Helps Nita Inc with Record Breaking Sales

Press release from the issuing company

May 31, 2002 – Lachenaie, Quebec (Canada) – Nita Inc graphic arts equipment is pleased to announce record breaking sales figures for the last 4 consecutive months. Indeed with relation to last 2 year’s figures at the same period, Nita sees a 27% growth rate on each year. CEO, Mr Paulin Lessard was excited to report that sales in all categories of equipment families sold through its Canadian and American dealership network were up significantly. Computer-to-plate automation dominating the roster closely followed by registration equipment (both custom and regular) such as pneumatic punches, and inline plate benders. "After a management decision to allow its workers to form a workers COOP within the organization and own a small percentage of the company, the interest and dedication of every employee seemed to grow tremendously as the reality of ownership sank in each of our minds. This enabled everyone to see the possibilities that lie ahead and what each individual was able to accomplish individually is now amplified ten fold as a collective group. It is very exciting to see a young group so dedicated to success." said Marketing Director, Claudio Napoleoni Since its humble beginnings, Nita has positioned themselves as a leader in automation in North America and is constantly evolving to create new ways for integration of automation to any CTP workflow environment. With systems as sophisticated as Punches, benders, conveyors, stackers all relayed to one device (also with remote diagnostics and servicing) after CTP, the future seems very promising for this relatively young company. "Our customer’s repeatedly congratulate us for our ingenuity and commitment to implementing prepress automation solutions that are at once so versatile and user friendly. It is truly remarkable to see that our dealers and customers stand at the forefront of the line to support all our efforts. It is truly a team effort, validating the need for a specific product is as important as engineering and building it. Our partners provide valuable feedback in order to make this all possible", adds Richard Thibodeau, Vice-President of operation Based out of Lachenaie, Quebec since 1990 Nita inc graphic arts equipment is a manufacturing company offering its research and development services as well as its products in North America, Latin America and Europe through partnerships with it dealer network. Equipment manufactured by Nita take aim at the Litho, Flexo, Newspaper and packaging prepress markets, large and small printers alike. Inventors of the first PLATE ROTATORS worldwide, Nita has an expanded roster of products ranging from stand alone manual and pneumatic punches, stand alone or inline automated plate benders, manual or pneumatic plate shears, frames, register boards, 90 degree and rotative conveyors, inclined conveyors, plate stackers both vertical and horizontal. Custom design prepress equipment, R&D services on new equipment product lines. For more information contact NITA INC. at 1051 DuViger Street, Lachenaie, Quebec, J6W 6B6. Telephone 450-961-4000 or visit the web at WWW.NITA.CA