Presstek Subsidiary Lasertel Plans to Increase Capacity and Streamline Production with Purchase of New MBE Reactor HUDSON, N.H., Jan. 27 /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 its Tucson, Arizona subsidiary, Lasertel, Inc., has purchased a GEN200(TM) MBE system from Veeco Instruments Inc. (NASDAQ:VECO) to increase its capacity for the production of high-power laser diodes. Lasertel uses Solid Source Molecular Beam Epitaxy (SS-MBE) technology to produce its high-quality semiconductor lasers. It selected the GEN200 MBE system in part for its silicon-style, cluster-tool wafer handling feature. This innovative design enables the multi-wafer GEN200 to deliver higher throughput and lower costs per wafer, in a footprint up to 60% smaller than comparable MBE systems. Veeco's ability to speed Lasertel's device time to market through its Process Integration Center (PIC) was also a key factor in the system purchase. Lasertel's President Mark McElhinney said, "Lasertel's purchase is part of our ongoing expansion plans. The advanced automation incorporated in the Veeco system is designed to enable precise process control and increase capacity. The addition of this system will help optimize and streamline Lasertel's production process. Veeco has a proven track record in the manufacture of world-class production MBE reactors. We're excited to continue our relationship with Veeco and look forward to continued success based on superior MBE technology." "We're pleased that a world-leading laser diode manufacturer has selected Veeco for its MBE system," said Marlin Braun, Senior Vice President, Veeco Compound Semiconductor. "The GEN200 to be delivered to Lasertel has been specifically designed for growth of phosphorous containing materials, and, combined with our PIC support, will provide Lasertel with today's most complete and integrated MBE solution package." Lasertel, Inc. was founded in May 2000 and has become one of the top worldwide suppliers of active optical components. The company is dedicated to state-of-the-art design, manufacture and production of high-power semiconductor lasers for a variety of users, including the graphics, defense, industrial, and medical industries, as well as current and next-generation telecommunications. Lasertel is a vertically integrated semiconductor laser manufacturer. In-house epitaxy, wafer processing and packaging enables consistent delivery of a wide range of standard and customer-specific product solutions. 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, a Presstek Company, 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: . "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 expected benefits of Lasertel's new MBE system from Veeco and the strength of Presstek and Lasertel's various strategic relationships (both on manufacturing and distribution), including the relationship with Veeco. 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 Presstek and Lasertel to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the strength of Presstek and Lasertel's various strategic relationships (both on manufacturing and distribution), Presstek and Lasertel's dependency on its strategic partners, market acceptance of and demand for Lasertel's products and the impact of general market factors in the print industry generally and the economy as a whole. Other risks are detailed in Presstek's filings with the Securities and Exchange Commission. The words "looking forward," "anticipates," "expects," "will," "believe(s)," "may," "is expected to," "likely," 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. CONTACT: Jane Miller Corporate Relations Manager (603) 594-8585 ext. 3346 DATASOURCE: Presstek, Inc. CONTACT: Jane Miller, Corporate Relations Manager of Presstek, +1-603-594-8585, ext. 3346, Web site: http://www.presstek.com/

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