SOURCE: Nashua

June 13, 2006 16:30 ET

Nashua Corporation Opens Wide-Format Specialty Paper Manufacturing Facility in Cranbury, New Jersey

NASHUA, NH -- (MARKET WIRE) -- June 13, 2006 -- Nashua Corporation (NASDAQ: NSHA), a manufacturer of labels and thermal and specialty papers, today announced the opening of a new manufacturing and distribution facility in Cranbury, NJ. This operation will address the growing demand for the Company's wide-format specialty paper products used by architects, engineers and in the graphic and sign markets. The new facility expands Nashua's Dietzgen division's manufacturing capabilities and enhances its ability to provide high-quality products and services to customers in the mid-Atlantic and northeast regions.

"Our wide-format business has increased significantly in the past four years, and this new facility will enable us to build on the momentum we have in the marketplace. This investment offers expanded service and support to our customers on the east coast where we see excellent opportunities for growth," said Tom Brooker, CEO of Nashua Corporation.

Brooker continued, "The opening coincides with the enhancement of our Magellan color line with new products that will be launched within the next few weeks. The Magellan products offer us an opportunity to enter into the growing markets for indoor and outdoor signage, point of purchase displays, tradeshow graphics, retail signage and displays. We are very excited about these new opportunities to expand our business."

About Dietzgen

Nashua Corporation's Dietzgen Division is a leading North American converter of wide format media for digitally produced documents and graphics. Dietzgen engineers and converts quality paper, films and specialty substrates to the reprographics and display graphics marketplace and services customers through a nationwide network of regional distribution centers. To meet the customer need for fast turnaround, Nashua has manufacturing and distribution facilities in California, New Jersey and Tennessee, as well as distribution centers located in Illinois, Texas and Washington. Additional information about Dietzgen can be found at www.nashua.com/Dietzgen.

About Nashua

Nashua Corporation manufactures and markets a wide variety of specialty imaging products and services to industrial and commercial customers to meet various print application needs. The Company's products include thermal coated papers, pressure-sensitive labels, bond, point of sale, ATM and wide format papers, entertainment tickets, and ribbons for use in imaging devices. Additional information about Nashua Corporation can be found at www.nashua.com.

Forward-looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "will," "expects" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, the Company's future capital needs and resources, fluctuations in customer demand, intensity of competition from other vendors, timing and acceptance of new product introductions, delays or difficulties in programs designed to increase sales and profitability, general economic and industry conditions, the resolution of certain litigation matters, and other risks set forth in the Company's filings with the Securities and Exchange Commission, and the information set forth herein should be read in light of such risks. In addition, any forward-looking statements represent the Company's estimates only as of the date of this press release and should not be relied upon as representing the Company's estimates as of any subsequent date. While the Company may elect to update forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, even if its estimates change.

Contact Information

  • Contact:
    Tom Brooker/John Patenaude
    Nashua Corporation
    603-880-2207/603-880-2145

    Rich Coyle
    Citigate Sard Verbinnen
    212-687-8080