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