GRAPH EXPO & CONVERTING EXPO 2003--Sheetfed and Web Offset

Dryer Agreement Signed

KBA also signed a licensing agreement with Air Motion Systems, of Golden, CO, that grants KBA worldwide rights for the production, distribution and servicing of Air Motion dryer systems for installation on KBA's Rapida sheetfed offset presses. Air Motion has developed a modular system of UV, IR/hot air and combination dryers. KBA will continue to offer dryer systems from other manufacturers, based on customer preference.