Mark McElhinney Appointed President of Presstek's Lasertel Subsidiary
August 31 2004 - 1:47PM
PR Newswire (US)
Mark McElhinney Appointed President of Presstek's Lasertel
Subsidiary HUDSON, N.H., Aug. 31 /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 the
appointment of Mark McElhinney to the position of President of
Lasertel, Inc., Presstek's Tucson, Arizona subsidiary, effective
September 1, 2004. Mr. McElhinney has been the Interim Chief
Operating Officer at Lasertel since April 2004. Mr. McElhinney has
over eighteen years experience in the laser industry and holds a
Ph.D. in molecular beam epitaxy research from the University of
Glasgow. McElhinney became the Vice President of Engineering at
Lasertel in January 2003. Prior to joining Lasertel, Mr. McElhinney
was the Director of Engineering at ADC in Vadnais Heights,
Minnesota where he oversaw the development and manufacturing of
high power laser products. Prior to that, McElhinney was a founder
and technical director of Spectracom in White Bear Lake, Minnesota.
Mr. McElhinney has also worked for Pirelli Cavi in Milan, Italy;
Motorola in East Kilbride, Scotland; as well as IBM UK in Greenock,
Scotland. He is the author of numerous publications. "Mark has
contributed significantly to the progress at Lasertel in his short
tenure as Interim Chief Operating Officer and Vice President of
Engineering. Mark has excellent management skills, a diverse
professional background and broad industry perspective. He has
demonstrated the leadership that will continue to enhance
Lasertel's performance, as well as open new opportunities for the
company. Our appointment of Mark to the position of President is an
expression of our confidence in his abilities," said Lasertel's
Chief Executive Officer Edward J. Marino. Mr. Marino is also
President and Chief Executive Officer of Presstek, Inc., the parent
company of Lasertel. "I am honored to serve as President of
Lasertel at this exciting time," McElhinney said. "I believe that
Lasertel's products and technology are second to none, and that the
numerous projects in which we are engaged will help establish a
solid business foundation for Lasertel. I am looking forward to
pursing the opportunities available to Lasertel as it grows."
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 and
eliminate photographic darkrooms, film and toxic processing
chemicals, 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 shorter print runs and faster turnaround while providing
improved profit margins. The company's subsidiary, Lasertel, Inc.,
supplies Presstek and external customers with the valuable laser
diodes necessary for laser imaging applications. For more
information on Presstek, visit http://www.presstek.com/, call
603-595-7000 or email: . 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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