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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Sep 29 10:16 AM EST

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To: Loren who wrote (5879)9/7/1997 3:56:00 PM
From: paul abramowitz   of 11098
 
More bad news for Presstek. Looks like Creo was right as to the future of Digital printing -ERASABLE CYLINDERS AND NO PLATES:

See:
dotprint.com

"So what do you fancy on your press system? A press WITHOUT PRINTING PLATES [emphasis added]and dampening systems, gapless printing,
shaftless press drive and variable cut-offs?
Sounds like a Christmas wish list? Not according to Goss Graphic Systems at Print 97 in Chicago. The company was running a
trial version of its Adopt/CP, an acronym which translates into the Advanced Digital Offset Printing Technologies Concept
Press.
Goss ceo Robert Kuhn speaks of wanting to transform the offset process. "Unlike digital printing processes, Adopt/CP uses
traditional offset materials with no special ink or paper requirements. Yet it offers productivity, quality and cost benefits that
were inconceivable with digital printing up to this point."
The core of the technology lies in a process whereby the cylinders can be digitally imaged, erased after completing the run -
which can be up to a million copies - and then re-imaged in a cycle that is repeated time and again.
It uses Goss patented technology, which writes an erasable copper image from solution onto the nickel-crystal coated cylinder
to form the ink/water lithographic surface.
The cantilever design of the press facilitates variable cut-off. Outer shells of the blanket and imaging cylinders are removed and
the cut-off changed by sliding on a thicker or thinner fibreglass shell.
The press on show at Print 97 is a concept model and not for sale. It is a single-colour press printing a 22in wide web with a
range of cut-offs from 22.5in to 23.75in. Cylinders were imaged off line for the show."

Looks like reusable plates or processless plates may not have much of a future. Imagine a DI with a rewritable cylinder.
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