Presstek to Sell Lasertel Subsidiary for $10 Million
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GREENWICH, CT—November 23, 2009—Presstek, Inc. (NASDAQ: PRST), a leading manufacturer and marketer of digital offset printing business solutions, today announced it has entered into a definitive agreement to sell its wholly owned subsidiary, Lasertel, Inc. to Selex Sensors and Airborne Systems (US), Inc., a business development, marketing and U.S. product support arm of Selex Galileo. Selex Galileo is part of Finmeccanica’s defense electronics business unit.
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