Presstek Reports Improved 2010 Second Quarter Operating Profits
• 75DI digital offset press draws large crowds at the Ipex tradeshow in the UK
• Year-on-year CTP plate and DI plate revenue growth of 8% and 4%, respectively
• 18% reduction in Operating expenses excluding special charges
• $2.3 million improvement in year-on-year adjusted EBITDA
In May 2010 the company previewed its new 75DI digital offset press at the Ipex tradeshow in the United Kingdom to considerable interest and favorable reviews from the industry. The Presstek 75DI with its revolutionary 6-minute job-to-job turnaround, high quality output and expanded sheet size fits perfectly within the Company's up-market strategy. The 75DI has been engineered to produce pages at a manufacturing cost of below a penny per page. This new press, which will be commercially available in 2011, will increase efficiency and provide improved productivity and profitability for Presstek's customers.
- Companies:
- Presstek Inc.