Presstek Reports Improved 2010 Third Quarter Operating Profits

Third quarter 2010 operating expenses of $11.7 million represented a reduction of $2.2 million, or 16%, from the third quarter of 2009. Excluding the impact of restructuring charges in each period, operating expenses declined by $1.6 million. The decline in operating expenses was primarily related to reduced payroll costs and professional service fees; partially offset by increased non-cash stock compensation expenses.