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Technology Stocks : Presstek -- Stock of the Decade?? -- Ignore unavailable to you. Want to Upgrade?


To: SG who wrote (10030)10/6/1998 10:46:00 PM
From: NEIL MACK  Respond to of 11098
 
From Printing Impressions Magazine......

"Top story from the September 21st issue:"

"Presstek Names Industry Veteran as its New CEO"

HUDSON, NH--Presstek Inc., no stranger to sending shock waves through the graphic arts supplier community, has done it again with the appointment of Robert Hallman, a senior official at Kodak Polychrome Graphics, as its CEO. Hallman succeeds Richard A.Williams, one of the company's founders and currently CEO and vice chairman, who will assume the position of chairman. Robert Howard, the company's current chairman, will become chairman emeritus. He will remain on the board and serve as a company consultant. Robert E. Verrando, Presstek's president and COO, will continue in that position.

Hallman's responsibilities at Kodak Polychrome Graphics included worldwide manufacturing, research and development, and marketing for printing plates, which included computer-to-plate and digital proofing systems. Earlier positions include president and CEO of Polychrome Corp.; president, CEO and founder of Sage Technology; and vice president-technology of Napp Systems. He's expected to take over at Presstek today.

An established expert in plate and prepress technologies, Hallman is recognized as one of the world's top graphic arts technologists for his work in non-silver and related environmentally safe media. Holding more than 30 patents, he currently serves on the GATF board of directors' executive committee, and is a frequent presenter at international graphic arts seminars. He holds a degree in physics from Washington and Jefferson College, PA....(end)

I believe all of us should carefully consider the implications and the clear position both Presstek and Hallman have presented to the financial community and print industry through his agreeing to head the Presstek Co. Heads have most certainly turned when talent of his caliber joined up with what has now been defined by industry experts, as the leading edge technical engineering team in graphic arts today.

Hallman joins many other key individuals that have recently arrived at Presstek, leaving as the lead scientist or engineer from their former R/D teams at Poloroid, Agfa, Polychrome, Kodak, etc., to make up what has become a nueculus of knowledge at the Presstek Company.

There are those of you that do not believe that Presstek has earned and still maintains tremendous credibility industry wide. Their real potential to soon achieve startling recognition and mammoth future sales in imaging technology has been assured and Hallman knows it.

This company has quitely positioned it'self to provide shareholders with real true value and incredible return on investment at current stock pricing. The street will soon wake up. This company is NOT the same Presstek any longer......Think about it!

Neil



To: SG who wrote (10030)10/6/1998 11:01:00 PM
From: NEIL MACK  Read Replies (1) | Respond to of 11098
 
Also from October “Printing World” .......Nilpeter DI-3300, now completed and ready to market

“Technology Spotlight”

“New Angles in Direct-to-Plate”

For package printers using older offset presses, the quickest route to computer-to-plate is likely through a platesetter, which necessitates manual removal and remounting of the plate after imaging. But those who have invested in newer presses, with quick-change features such as slide-out cassettes, can consider the efficiencies of direct-to-plate imaging.

Presstek has aligned with a number of press suppliers in recent years in order to bring direct-to-plate and computer-to-plate technologies to market. The company first teamed up with Heidelberg in 1991 to introduce thermal, no-process plate imaging done directly on Heidelberg's GTO press.

The outcome of Presstek's alliance with Nilpeter was recently on display at Labelexpo '98. The DI-3300 direct-to-plate offset imaging system, designed by Presstek for Nilpeter's M-3300 platform press, can image plates with 1270 dpi resolution in approximately five and a half minutes. The system can accommodate 15ý to 30ý repeats, at up to 175 line screens.

Nilpeter's DI-3300 represents "a step back" from all-out direct-to-plate, explains Presstek Product Marketing Manager Sandy Fuhs, filling an intermediate need for a stand-alone CTP device that provides nearly all the advantages of complete direct-to-plate. Cassettes containing the plate and blanket cylinders slide off Nilpeter's M-3300 and directly onto the imager. Once each plate is mounted, imaged, and slid back on to the press, it is immediately in register. The imaging system can also transfer ink key data directly to the press, Fuhs notes.

According to Nilpeter Digital Service Engineer Soren Ringbo, the DI-3300 uses 16 laser diodes to image Presstek PEARLwet plates for printing with dampeners, or PEARLdry plates for waterless printing. PEARLwet plates feature an aluminum base and a water-loving top layer which is heated and loosened during the imaging process. The released upper layer is then cleaned off with a solution that is 90 percent water, 10 percent Varn Total. A Windows NT server functions as the RIP for images, while a mouse-driven Job Control menu can speed prep time by providing on-screen image verification, or a list of fingerprinted cassettes with pre-loaded settings.

The DI-3300 direct-to-plate offset imaging system can image plates with 1270 dpi resolution in approximately five and a half minutes.

Neil