Presstek Appoints Gerald N. Herman Vice President-Corporate Controller
June 01 2005 - 3:18PM
PR Newswire (US)
Presstek Appoints Gerald N. Herman Vice President-Corporate
Controller HUDSON, N.H., June 1 /PRNewswire-FirstCall/ -- Presstek,
Inc. (NASDAQ: PRST), a leading provider of environmentally
responsible digital imaging solutions for the graphic arts and
laser imaging markets, today announced that it has appointed Gerald
N. Herman to the position of Vice President-Corporate Controller.
Mr. Herman brings over 20 years of solid financial experience to
Presstek. Prior to joining Presstek, Mr. Herman served as Vice
President - Finance at The First Years Inc., a publicly traded
international manufacturer and marketer of infant and toddler
products. Mr. Herman's responsibilities at The First Years included
external and internal financial reporting worldwide, budgeting and
forecasting, tax planning and compliance, treasury and risk
management, as well as strategic project support. Prior to The
First Years, he was Vice President at Best Petroleum Co., Inc., a
New England-based energy company, where he had responsibility for
finance, information technology, human resources, and its B2B
distribution operating units. Before that, Mr. Herman held various
positions in the audit and restructuring practices of Arthur
Andersen LLP in Canada and the US. Mr. Herman is a Certified Public
Accountant and member of the AICPA, as well as a Canadian Chartered
Accountant. He is also a member of Financial Executives
International. He holds an MBA (High Honors) from the University of
Chicago and an MS in Taxation from Bentley College in
Massachusetts. "We are delighted that Gerald has joined Presstek's
finance team," said Moosa E. Moosa, Presstek's Executive Vice
President-Finance and CFO. "His results-driven, high energy
leadership style and international business experience will be an
asset to our company as we move through our corporate restructuring
and into the future." 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: . "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 expectations of
the contributions of Mr. Herman as Vice President/Corporate
Controller, the future growth and profitability of the company and
the ability of the company to achieve its stated objectives. 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, Mr.
Herman's willingness to remain with the company and his ability to
successfully carry out the duties of his position, market
acceptance of and demand for the company's products and resulting
revenues and 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," "may," "expect(s)," "anticipate(s),"
"likely," "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. The company
undertakes no obligation to update any forward-looking statements
contained in this news release. CONTACTS: Moosa E. Moosa Jane
Miller Chief Financial Officer Corporate Relations Manager (603)
595-7000 (603) 594-8585 ext. 3346 DATASOURCE: Presstek, Inc.
CONTACT: Moosa E. Moosa, Chief Financial Officer, +1-603-595-7000,
or Jane Miller, Corporate Relations Manager, +1-603-594-8585 ext.
3346, both of Presstek Web site: http://www.presstek.com/
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