Presstek Reports Improved 2010 Second Quarter Operating Profits

"While we are disappointed that the global economic recovery is taking longer than expected, we are pleased with the 'growth' consumables ramp up, our operating expense discipline and our year-on-year adjusted EBITDA improvement," commented Jacobson. "We are confident in our growth strategy. We have expanded our product portfolio with thirteen new and innovative products that allow us to move up-market, expanded our geographic reach beyond our US and UK strongholds and optimized our cost structure. We have the products and resources in place to drive our strategy and we continue to be confident that following this downturn we will emerge as a leader in the graphics industry. As we've said many times before, future top-line growth, particularly in consumables, will provide strong bottom line results as we leverage our optimized cost structure."