Presstek's Waterless Division Spun Into New Company, Verico Technology
Just days after Presstek was acquired by Mark Andy, Presstek’s waterless division has been spun off into a new company called Verico Technology. Headquartered in Nashua, N.H., Verico Technology will focus on expanding its market share for waterless plates and coating technologies in the printing industry as well as expanding its offering to new market segments.
“Verico Technology and our R&D team are looking forward to expanding our portfolio and raising industry standards. We are committed to delivering the highest quality products that offer environmental advantage to our clients,” says CEO Yuval Dubois.
“We are excited for the long-term benefits that Verico Technology will bring to the market,” comments Kevin Ray, Verico’s R&D Director. “And with an over 125,000 sq ft. production facility, we look forward to shaking some ground and dedicating resources to grow our portfolio.”
Dubois confirmed that business continues as usual for customers of Presstek's Zahara waterless printing plates.
“There are no changes to our headquarters, ordering process or logistics," says Dubois. "We are working on a new website, and understandably our email domain changed but all people you’ve worked with are still here, working hard, and keeping our standards high.”
The preceding press release was provided by a company unaffiliated with IPG. The views expressed within do not directly reflect the thoughts or opinions of the staff of IPG.
Related story: Mark Andy Inks Deal to Acquire Presstek