SOURCE: Presstek, Inc.

Presstek, Inc.

January 28, 2010 09:00 ET

Presstek Forms Legal Entity to Support Asian Distribution Efforts

Presstek Asia Pte. Ltd. Incorporated to Demonstrate Commitment and Dedication to Asian Market

HUDSON, NH--(Marketwire - January 28, 2010) - Presstek, Inc. (NASDAQ: PRST), a leading manufacturer and marketer of digital offset printing solutions, today announced that Presstek Asia Pte. Ltd. ("Presstek Asia") has been formed as a legally incorporated entity to better enable Presstek to support its growing distribution channel in Asia and to further its strategic growth initiative of international expansion. Featured products in the region will be Presstek DI® digital offset presses, Presstek Aurora Pro chemistry-free CTP plates, and Presstek Aeon, a high resolution non-preheat thermal CTP plate. Both Aeon and Aurora Pro are open platform plates that work on 830 nm platesetters. A range 4-up and 8-up platesetters will also be marketed within the region.

"We are continuing to grow our distribution channel in the Asia Pacific Region," said Tim Sawyer, Presstek's Director for the Asia Pacific Region, "and the formation of Presstek Asia helps to ensure that we can provide the best possible support for our partners and customers by having a stronger local presence. It also positions us to expand our organization by adding incremental technical and sales support for both CTP and DI solutions."

With the formation of Presstek Asia, Presstek expects to be able to grow its business in the Asia Pacific Region more rapidly. "We have had initial success with our DI presses in this region," adds Sawyer, "and we expect this to continue. In addition, Presstek will be adding distribution to support our CTP growth. By creating a more robust infrastructure in the region, we will be better positioned to support our partners and customers with our market-leading open platform digital plates and platesetter solutions."

To support customer demand for demonstrations of Presstek DI solutions, Presstek has installed a 52DI digital offset press in the Singapore demonstration facility of Presstek distributor Cyber. "This facility will provide our customers throughout the region the opportunity to bring in test files, see the press in action, and have a hands-on experience with the 52DI to better understand how it can help their businesses be more capable, profitable and competitive."

"The formation of Presstek Asia is a significant step in our regional expansion growth strategy," said Jeff Jacobson, Chairman, President & CEO. "Tim is doing a terrific job with our distribution partners in this strategic geographic location. Our further investments in this region demonstrate our commitment and dedication to this important market."

For more information about the full range of Presstek products, including Presstek DI digital offset presses and open platform digital plates, visit www.Presstek.com, call 603-595-7000 ext: 3599, or email info@presstek.com.

About Presstek

Presstek, Inc. is a leading manufacturer and marketer of high tech digital imaging solutions to the graphic arts and laser imaging markets. Presstek's patented DI®, CTP and plate products provide a streamlined workflow in a chemistry-free environment, thereby reducing printing cycle time and lowering production costs. Presstek solutions are designed to make it easier for printers to cost effectively meet increasing customer demand for high-quality, shorter print runs and faster turnaround while providing improved profit margins. Presstek subsidiary, Lasertel, Inc., manufactures semiconductor laser diodes for Presstek's and external customers' applications. For more information visit www.presstek.com, send an e-mail to info@presstek.com or call +1 603 594-8585, ext. 3599.

DI is a registered trademark of Presstek, Inc.

Contact Information

  • Contacts:
    Investor Relations
    Tim McCauley
    Director of Business Planning & Financial Analysis
    (203) 769-8054
    Email Contact

    Trade Relations
    Brian Wolfenden
    Director of Marketing Communications
    (603) 594-8585, ext. 3435
    Email Contact