Bitstream Inc.

The On Demand Best of Show Awards Winners are named in nine product categories, including hardware and software.

OR AKIVA, ISRAEL—Press-sense has confirmed that its two major investors, Vertex and Evergreen, have ceased investing in the company. Plenus, an investment lending fund that loaned the company $5 million in 2008, has petitioned to have an Officer of the Court appointed to direct Press-sense going forward. The Israeli court has appointed Adv. Paz Rimer to supervise and direct its continuing operation. Rimer has, in turn, appointed a management team—led by Amir Shaked, the current CEO.

All involved parties said they are committed to continue managing Press-sense as a going concern while seeking strategic alternatives.

At the awards ceremony this afternoon at the On Demand Conference & Expo, InfoTrends, a leading market research and consulting firm in the digital imaging and document solutions industry, announced the winners of the fourth annual On Demand Best of Show Awards program.

Maintaining a relentless focus on the graphic communications industry, Xerox Corporation (NYSE: XRX) unveils advanced printing and workflow products and business development services to arm print providers with the expertise to stay viable and succeed in a challenging economy.

Pageflex, a division of Bitstream Inc. (NASDAQ: BITS, www.bitstream.com) and a leading developer of enterprise variable data publishing and web-to-print solutions, announced today an expansion of the company’s collaboration with Adobe Systems Incorporated resulting in two new product offerings to support customers that have sophisticated graphic design needs and large volumes of Adobe InDesign documents.

Shutterbug Photo Mall has installed Xerox Corporation’s (NYSE: XRX) iGen4™ Press to add production of full-color photo books, calendars and greeting cards to its arsenal of photo-based offerings. Shutterbug, a photo resource center with an in-house photo lab, is one of the first U.S. companies of its kind to install the Xerox iGen4 press.

WHAT DO professional golf and Web-to-print have in common? Both make reference to a skins game, where a lot of money is at stake for something that, at first blush, doesn’t seem all that difficult to accomplish. The skill and effort involved are often easily overlooked.

DICE, the Digital Imaging Customer Exchange, announced today that Blue Moon Solutions, Inc. has accepted the role of Management Company for DICE. Mike Vinocur, who has been the Executive Director of DICE (formerly ICE, the Indigo Customer Exchange) since its inception in the mid 1990’s, has now dedicated all of his efforts to his other business ventures.

The focus at Graph Expo was on what’s available to buy today, especially with the deadline looming for the investment tax credit. Digital press vendors asserted that the current economic conditions play to the technology’s strengths. Shorter runs produced on demand combined with more targeted, personalized printing enable the industry’s end customers to make the most of their printing spend, the argument goes. And, it’s more sustainable to boot.