Acquisition of Presstek by Affiliate of American Industrial Partners Now Completed

Stan Freimuth, Presstek’s president and CEO, said, “I look forward to continuing to focus the company on its key growth strategies of going up market and expanding into new markets with AIP’s backing. I am confident that this transaction will be beneficial to Presstek and its customers.”

Under the terms of the merger, Presstek’s shareholders will receive $0.50 in cash for each share of common stock.