Presstek Inc. has entered into a definitive merger agreement under which it would be acquired by MAI Holdings, an entity affiliated with American Industrial Partners (AIP) Capital Fund IV. “AIP is no stranger to our industry. One of its portfolio companies, Mark Andy, is the world's leading designer of narrow and mid-web flexographic equipment and aftermarket products serving the label, packaging and specialty printing markets,” noted Stanley E. Freimuth, Presstek's chairman, president and CEO.
Presstek Inc.
HUDSON, N.H.—Presstek Inc. jointly announced with the University of New Hampshire (UNH) that they were awarded a Granite State Technology Innovation Grant. The grant, funded by the New Hampshire Innovation Research Center (NHIRC), will enable Presstek and the University of New Hampshire (UNH) to conduct leading-edge nanotechnology research with the goal of advancing printing technology. The NHIRC grant program funds research collaborations between New Hampshire businesses and universities—promoting applied and basic scientific research to facilitate technology developments and innovation in order to create more job opportunities for New Hampshire residents. Presstek, along with UNH’s Polymer Research Group (PRG)—a division of the Nanostructured Polymers Research
HUDSON, N.H.—Presstek, Inc., a manufacturer and marketer of digital offset business solutions, announced the filing of a Complaint with the International Trade Commission (ITC) against Israeli printing plate manufacturer VIM Technologies, Ltd. and its manufacturing partner Hanita Coatings RCA, Ltd. for infringement of Presstek’s patent and trademark rights. Presstek also sued three U.S.-based distributors of VIM products: Guaranteed Service & Supplies, Inc., Ohio Graphco Inc., and Recognition Systems Inc., as well as one Canadian based distributor, AteCe Canada. Presstek is seeking, among other things, an Order from the ITC forbidding the importation and sale of the VIM printing plates in the United States;
HUDSON, N.H.—Presstek, Inc. has announced the formation of three strategic business units designed to increase organizational focus on key business areas. Each strategic business unit is led by a Group Product Director. New strategic business units include: • Digital Printing Business Unit, which includes digital presses, consumables and workflow • CTP Business Unit, responsible for digital platemaking systems, consumables and workflow • Traditional Business Unit, consists of polyester CTP platemaking and pressroom supplies “As Presstek’s new management team looks at the addressability of our solutions to the worldwide print market, it became clear that we could benefit by aligning our resources into three
HUDSON, N.H.—Presstek, Inc., a leading manufacturer and marketer of digital offset printing business solutions, continued to build momentum and furthered its presence in the industry with a strong showing at Graph Expo 2007, North America’s largest industry trade show. During Graph Expo, Presstek demonstrated how print service companies in today’s changing print market can increase their ability to be more capable, profitable and competitive with its digital offset solutions. Presstek demonstrated how its environmentally friendly Presstek DI digital offset presses and true chemistry-free computer-to-plate (CTP) systems can help print businesses achieve superior quality color printing faster and more profitably. During the four-day event, Presstek
HUDSON, N.H.—Presstek Inc., a leading manufacturer and marketer of digital offset printing business solutions, has extended the road show schedule for its series of open house events. These events provide printing industry professionals with information on how they can make their businesses more capable, profitable, and competitive through the adoption of digital offset printing technology. Matt Doran, president of Anstadt Printing in York, Pa., attended a Presstek open house to consider the Presstek 34DI as a potential solution to help produce a wider range of print applications. “Our customers were asking for shorter runs and tighter turn times and were unwilling to sacrifice quality,”
HUDSON, N.H.—Presstek, Inc., a manufacturer and marketer of digital offset printing business solutions, announced that Pitman Company, one of the nation’s largest graphic arts market distributors, will now sell its Presstek 34DI and 52DI presses, further expanding its channel for Presstek Direct Imaging (DI) systems into Pitman’s well established, large customer base. For Pitman, North America’s leading value-added supplier to the graphic communications industry, the DI presses help their customers effectively address one of the fastest growing segments of the print market—runs between 250 and 10,000 impressions. “We are excited to be partnering with Pitman in an agreement that will complement and expand our