Baldwin Sells its Non-Core Food Blends Business

SHELTON, CT—June 8, 2011—Baldwin Technology, a maker of process automation technology for the printing industry, announced that it has sold Oxy-Dry Food Blends, a U.S. food blending and packaging business, to CPC Dry Pack, a contract manufacturing company.

In April 2011, Baldwin announced a planned exit of this non-core food blending and packaging business, classified Oxy-Dry Food Blends as discontinued operations and recorded certain third quarter charges. Additionally, the Company had announced its expectation to record an additional $3 million charge in the current fourth quarter related primarily to a continuing Oxy-Dry Food Blends lease obligation in Addison, IL, and associated employment level reductions.