Presstek Announces Commercial Release of Vector TX52
July 12 2005 - 11:57AM
PR Newswire (US)
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/
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