Presstek Response To Lawsuit.
PRESSTEK RESPONDS TO STRIKE SUIT LITIGATION
HUDSON, N.H., June 28 -- In response to inquiries,
Presstek, Inc. (Nasdaq: PRST) stated that given the apparent speculative
trading in its stock, it is not surprising that one unfortunate
byproduct is strike suit litigation such as that filed today.
Presstek is confident that it has acted in an appropriate manner
and, therefore, with respect to such litigation, the company will defend itself vigorously. Presstek, Inc., founded in 1987, has developed PEARL(R) a patented, proprietary nonphotographic, toxic-free, digital imaging and printing plate technology for the printing and graphic arts industries on a worldwide basis. PEARL's thermal laser diode system is capable ofimaging various types of Presstek printing plates either off-press or on-press to produce high quality, full-color lithographic printed materials. Presstek is also engaged in the development of additional products and applications that incorporate its proprietary PEARL technologies and consumables, including both computer-to-plate and other direct-to-press applications.
-0- 6/28/96
/CONTACT: INVESTOR: Jennifer McKay Tardif, Director of Corporate
Services of Presstek, 603-595-7000, or MEDIA: Robert Siegfried or
Michael Freitag of Kekst and Company, 212-593-2655/
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