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Presstek Appoints Steven N. Rappaport to Board of Directors
HUDSON, N.H., Nov. 10 /PRNewswire-FirstCall/ -- Presstek, Inc. , a leading
provider of direct digital imaging technology, today announced the appointment
of Steven N. Rappaport to Presstek's Board of Directors.
Rappaport is currently a partner of RZ Capital, LLC, a private equity investment
firm. Before becoming a partner at RZ Capital, Rappaport was director, president
and principal of Loanet, Inc., an on-line realtime accounting service used by
brokers and institutions in support of their domestic and international
securities borrowing and lending activities. Loanet, Inc. was acquired by
Sunguard Data Systems. Before Loanet, Inc., Rappaport was director and executive
vice president of Metallurg, Inc. and president of Sheildalloy Corporation, a
subsidiary of Metallurg. Metallurg and Sheildalloy manufacture and sell special
alloys used in the steel and aluminum industries. He was also a director and
executive vice president of Telerate, Inc. an electronic distributor of
financial information, as well as a partner at the general practice law firm of
Hartman & Craven in New York.
Rappaport received a B.S. degree in Business Administration from Northeastern
University. He holds a J.D. degree from Washington University School of Law and
a L.L.M. in Taxation from New York University School of Law. He successfully
completed the Uniform C.P.A. Examination in 1971 and became a member of the New
York State Bar in 1974. He serves on the boards of directors of several publicly
held mutual funds advised by Credit Suisse Asset Management, as well as a number
of privately held corporations.
Presstek's Chairman of the Board Richard A. Williams said, "We are pleased to
welcome Steve to Presstek's Board of Directors. His extensive business and
financial experience will add significant depth to Presstek's board. We look
forward to his participation."
Presstek, Inc. is a leading developer of digital laser imaging and
chemistry-free plate technologies for the printing and graphic arts industries.
Marketed to world-leading press manufacturers and directly to end users,
Presstek's patented DI(R), CTP and plate products eliminate photographic
darkrooms, film and toxic processing chemicals, reduce the printing turnaround
time and lower the production costs. The company's Lasertel subsidiary supplies
it with the valuable resources necessary for its next generation laser imaging
devices.
CONTACT:
Jane Miller
Corporate Relations Manager
(603) 594-8585 ext. 3346
DATASOURCE: Presstek, Inc.
CONTACT: Jane Miller, Corporate Relations Manager of Presstek, Inc.,
+1-603-594-8585 ext. 3346
Web site: http://www.presstek.com/