Presstek Inc.

Presstek Inc. has entered into a definitive merger agreement under which it would be acquired by MAI Holdings, an entity affiliated with American Industrial Partners (AIP) Capital Fund IV. “AIP is no stranger to our industry. One of its portfolio companies, Mark Andy, is the world's leading designer of narrow and mid-web flexographic equipment and aftermarket products serving the label, packaging and specialty printing markets,” noted Stanley E. Freimuth, Presstek's chairman, president and CEO.

RCS Plc of Retford, Notts, U.K., has ordered a five-color Presstek 75DI digital offset press with an inline aqueous coater. This is the first 75DI to be installed in the country. RCS is one of the U.K.’s most prestigious printers and occupies a 43,000-sq.ft. state-of-the-art facility.

Presstek has signed a distribution agreement with Spicers Canada Ltd., a leading distributor of graphic arts, sign and display, and industrial packaging equipment and consumables solutions as well as fine paper in Canada. Spicer is based in Vaughan, Ontario, and operates 15 distribution centers across the country.

Held in the sleepy state capital of Harrisburg, Pa., in late April, the 47th annual Association of College and University Printers conference brought together nearly 100 higher-ed in-plant managers from all corners of the country—and from four other countries.

Taking place only once every four years, the drupa international printing trade fair is a huge show. By the time it wrapped up its two-week stint in Düsseldorf, Germany, last month 314,500 visitors from more than 130 countries had walked its 19 halls and visited its 1,850 exhibitors.

Presstek, Inc. reported that during drupa 2012, held at Messe Dusseldorf, Presstek partnered with digital finishing company Highcon to demonstrate the value of high quality short run offset printing combined with digital cutting and creasing for the folding carton market. Sheets printed on a Presstek DI digital offset press were converted using the Highcon Euclid and made available to visitors during the show.

Penn State University's Multimedia & Print Center (MPC) has placed an order for a Presstek 52DI digital offset press. The 60-employee in-plant plans to utilize the Presstek 52DI to expand the range of materials it produces in-house, to improve its service offerings, and to reduce outsourcing.

Presstek, Inc., a leading supplier of digital offset printing solutions to the printing and communications industries, today reported financial and operating results for the first quarter ended March 31, 2012. The company reported total revenue of $27.0 million compared to $31.9 million in the first quarter of 2011.

Presstek, Inc. (NASDAQ: PRST), a leading supplier of digital offset printing solutions to the printing and communications industries, today announced that it will be offering automatic perfecting and UV curing options for its flagship 75DI digital offset press at drupa 2012. Presstek will be located in Hall 4 Stand 4B03 at the show, where the company will also have on display its broad range of thermal digital plates.

Presstek, Inc. (NASDAQ: PRST), a leading supplier of digital offset printing solutions to the printing and communications industries, today announced that it is now possible to order a Presstek 75DI press with integrated inkjet heads, enabling the inline application of variable data. Presstek will be discussing this exciting new capability at drupa 2012. Visitors will find Presstek in Hall 4 Stand 4B03 during drupa.