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Presstek Announces Commercial Release of Vector TX52
-- Metal-based CTP Breakthrough Technology Leverages the Strengths of the New
Presstek --
HUDSON, N.H., July 12 /PRNewswire-FirstCall/ -- Presstek, Inc. (NASDAQ: PRST),
a leading manufacturer and marketer of environmentally responsible high tech
digital imaging solutions for the graphic arts and laser imaging markets,
announced today that the Vector TX52 thermal platesetter is now commercially
available worldwide from its newest business units, ABDick, its authorized
dealer network, and Presstek Europe.
The Vector TX52, a 2-up (52 cm) chemistry-free metal CTP solution, combines
Presstek's industry leading chemistry-free thermal plate and laser imaging
technology with its innovative internal Thin Drum technology producing the most
affordable metal-based, compact platesetter in the market today. The first
commercial product to capitalize on the strengths of the new Presstek
organization, the Vector TX52 leverages:
* Presstek's leading digital technology and system design expertise;
* Precision Lithograining's unique chemistry-free plate products;
* Lasertel's semiconductor laser imaging diodes; and
* ABDick's well-respected sales and service.
"We are excited to be introducing this breakthrough product to the market,"
said Presstek CEO and President Edward J. Marino. "The Vector TX52's
introduction is a tangible example of the vision behind the acquisitions we
made in 2004. The direct result of Presstek's dedication to delivering on its
heritage of innovation and environmental responsibility to the market, the
Vector TX52 now puts chemistry-free metal CTP within the reach of any printing
establishment, regardless of size. It is the first of many next-generation
products we expect to bring to market as a result of Presstek's newly expanded
capabilities and economies of scale."
The Presstek Vector TX52 thermal platesetter and Freedom chemistry-free plates
provide the short-run, small format (52cm and under) printer with a unique
metal platemaking solution for higher productivity, cleaner operation and lower
materials and production costs. Able to output up to 20 plates per hour, the
Vector TX52 thermal platesetter with Freedom chemistry-free plates features a
small footprint, with the plate washer built directly into the device rather
than requiring two separate units. The Freedom plate is inserted at the front,
imaged and water-rinsed inside the unit before being discharged as a finished,
press-ready plate. The Freedom thermal metal plate is designed for run lengths
up to 25,000 impressions, and is priced competitively with polyester plates.
With its self-contained water wash and no need for a processor, the Vector TX52
has an exceptionally small footprint, allowing it to fit comfortably in any
size shop. It also eliminates the image variability that can be associated with
chemical processing of plates, as well as the need to purchase, manage,
maintain and dispose of chemicals traditionally used in the imaging of metal
printing plates. The Presstek Vector TX52 thermal platesetter and Freedom
chemistry-free plates provide the short-run, small format printer with a unique
metal platemaking solution for higher productivity, cleaner operation and lower
materials and production costs.
Presstek will demonstrate the Vector TX52 along with other industry leading
chemistry-free CTP and DI press solutions at Print '05 in booth # 6112.
About Presstek
Presstek, Inc. is a leading manufacturer and marketer of environmentally
responsible high tech digital imaging solutions to the graphic arts and laser
imaging markets. Presstek's patented DI(R), 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 Precision Lithograining Corporation is a manufacturer of
high quality digital and conventional printing plate products, including
Presstek's award-winning, chemistry-free Anthem plate. Presstek subsidiary
Lasertel, Inc., manufactures semiconductor laser diodes for Presstek's and
external customers' applications. ABDick manufactures and markets graphic arts
and printing equipment and supplies for all stages of document creation --
pre-press, press and post-press -- and provides continuing service and support.
For more information on Presstek, visit http://www.presstek.com/, call 603-
595-7000 or email: . For information on the Vector TX52 visit
http://www.abdick.com/ or call 847.779.1900.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: Certain statements contained in this News Release constitute
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995, including statements regarding the market's
acceptance of and demand for the Company's Vector TX 52 thermal platesetters
and Freedom printing plates, the performance and competitiveness of the
Company's Vector TX 52 thermal platesetter and Freedom printing plate products,
the strength of the Company's various strategic partnerships (both on
manufacturing and distribution), the expected effects and benefits of the A.B.
Dick and Precision Lithograining acquisitions on the Company's products,
business and results of operations, the ability of the Company to expand its
long-term product, business and growth opportunities, and the Company's
expectations regarding the sale of its products in general. Such forward-
looking statements involve a number of known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any future results,
performance or achievements expressed or implied by such forward- looking
statements. Such factors include, but are not limited to, market acceptance of
and demand for the Company's products and resulting revenues, shortages of
critical or sole-source component supplies, manufacturing constraints or
difficulties (as well as manufacturing difficulties experienced by our
sub-manufacturing partners and their capacity constraints), the introduction of
competitive products into the marketplace, the impact of general market factors
in the print industry generally and the economy as a whole, and other risks
detailed in the Company's Annual Report on Form 10-K and the Company's other
reports on file with the Securities and Exchange Commission. The words "looking
forward," "looking ahead", "believe(s)," "should," "plan," "may," "expect(s),"
"project(s), "anticipate(s)," "likely," "potential," "opportunity," and similar
expressions, among others, identify forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date the statement was made. Presstek undertakes no
obligation to update any forward- looking statements contained in this news
release except as required by law.
MARKETING CONTACT: INVESTOR CONTACT:
Brian Wolfenden Jane Miller
Director of Marketing Communications Corporate Relations Manager
(603) 594-8585 ext. 3435 (603) 594-8585 ext. 3346
DATASOURCE: Presstek, Inc.
CONTACT: Brian Wolfend, Director of Marketing Communications,
+1-603-594-8585 ext. 3435, , or Jane Miller, Corporate
Relations Manager, +1-603-594-8585 ext. 3346, both of
Presstek, Inc.
Web site: http://www.presstek.com/
http://www.abdick.com/