Presstek Appoints Raymond Hillhouse Director of Sales and Operations for Presstek Europe
HUDSON, NH—Aug.7, 2007—Presstek, Inc. (Nasdaq: PRST), the leading manufacturer and marketer of digital offset printing business solutions, today announced the appointment of Raymond Hillhouse to the position of director of sales and operations, Presstek Europe. As such, Hillhouse will be responsible for the company’s sales and marketing, as well as Presstek Europe’s United Kingdom operations.
Hillhouse has served in various sales and management positions at ABDick U.K. and Presstek Europe for the past 22 years, most recently as Presstek Europe’s sales & marketing director. Hillhouse joined the company as an engineer, but the majority of his experience has involved product management, marketing and sales.
The company also announced today the resignation of Quen Baum, managing director, Presstek Europe, who will be leaving the company to pursue other interests.
“We are delighted to have Ray as our new director of sales and operations for Presstek Europe,” said Jeff Jacobson, Presstek’s president and chief executive officer. “Ray’s technical background and considerable sales and marketing experience have been instrumental in the growth of Presstek’s European operations. “He is an invaluable member of the team and will help Presstek execute its international growth strategy. At the same time, we thank Quen for his contributions to Presstek and wish him well in his new endeavors.”
About Presstek
Presstek, Inc. is the leading manufacturer and marketer of high tech digital imaging solutions to the graphic arts and laser imaging markets. Presstek’s patented DI®, CTP and plate products provide a streamlined workflow in a chemistry-free environment, thereby reducing printing cycle time and lowering production costs. Presstek solutions are designed to make it easier for printers to cost effectively meet increasing customer demand for high-quality, shorter print runs and faster turnaround while providing improved profit margins. Presstek subsidiary, Lasertel, Inc., manufactures semiconductor laser diodes for Presstek’s and external customers’ applications.
For more information visit www.presstek.com, or call 603-595-7000 or email: info@presstek.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this News Release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, regarding revenue and profitability and the ability of the company to achieve its stated objectives. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, market acceptance of and demand for the company’s products and resulting revenue; further review and finalization of the Company’s results and subsequent audit review of transaction documentation; the ability of the company to meet its stated financial and operational objectives, the company’s dependency on its strategic partners (both on manufacturing and distribution), and other risks detailed in the company’s Annual Report on Form 10-K and the company’s other reports on file with the Securities and Exchange Commission. The words “looking forward,” “looking ahead,” “believe(s),” “should,” “may,” “expect(s),” “anticipate(s),” “project(s),” “likely,” “opportunity,” and similar expressions, among others, identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. The company undertakes no obligation to update any forward-looking statements contained in this news release.
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