Presstek Appoints Edward E. Barr to Board of Directors
04 9월 2008 - 9:00PM
PR Newswire (US)
HUDSON, N.H., Sept. 4 /PRNewswire-FirstCall/ -- Presstek, Inc.
(NASDAQ: PRST) the leading manufacturer and marketer of digital
offset business solutions, today announced that Edward E. Barr has
been elected to the Board of Directors. Mr. Barr is an industry
leader who served as President and CEO of Sun Chemical Corporation
from 1987 to 1998 during which time Sun Chemical's revenues grew
from $600 million to over $3 billion. Mr. Barr has over forty-five
years of industry experience, including senior management roles in
Sun Chemical and Courtaulds plc, and has also served as Chairman
and CEO of Sun Chemical Group BV, and as Chairman of Kodak
Polychrome Graphics. "I am excited to welcome a seasoned executive
of Ed's caliber to the Presstek board," commented Jeff Jacobson,
Presstek President and Chief Executive Officer. "Ed's track record,
which includes the successful transformation of Sun Chemical into
the leading global graphic arts printing ink and pigments company,
demonstrates his strategic vision, industry insight and passion to
succeed. Ed and I worked closely together during his tenure as
chairman at Kodak Polychrome Graphics, and I am looking forward to
another successful collaboration as Presstek executes its
strategy." "Presstek has a unique and innovative market position,
and I am pleased to work closely again with Jeff Jacobson, and the
entire team, as we leverage Presstek's strengths to build
shareholder value," commented Mr. Barr. Barr joined Sun Chemical in
1962 and served as president and chief operating officer from 1975
to 1982, when he left to become Chief Executive Officer and partner
with Courtaulds plc in a US-based specialty chemicals joint
venture. He rejoined Sun Chemical in 1987 as President and Chief
Executive Officer. From 1998 thru 2003, Barr served as Chairman and
CEO of Sun Chemical BV, the holding company for Sun Chemical and
its other interests, including its 50% equity in Kodak Polychrome
Graphics. A former trustee of Northwestern Mutual Life Insurance
Company, Barr serves as chairman of the board of United Water
Resources and is a director and Chairman of the Executive Committee
of Newline Noosh, a leading provider of print sourcing and
procurement solutions. From 1985 to 1987 he chaired the New Jersey
Commission on Science and Technology, a blue ribbon panel
responsible for guiding the state's economic development. From 1976
to 1985 he was a member of the New Jersey Board of Higher Education
and served as its chairman from 1978 to 1981. An economist by
training, Barr received his MS from the University of Michigan and
participated in the Ph.D. program in economics at New York
University (1959-1961). Later, he completed M.I.T.'s Senior
Executive Program. A graduate of NYU's Stern School of Business
(BS, 1957), he was named a distinguished alumnus of NYU and awarded
the John T. Madden Memorial Medal in 1978. Barr was elected an NYU
Albert Gallatin Fellow in 1979 and a life member of the Albert
Gallatin Associates in 1984. He was awarded honorary degrees by the
New Jersey Institute of Technology (doctor of science) and Monmouth
College (doctor of laws). Barr is an overseer of NYU's Stern
School, where he led the recently-completed five-year capital
campaign. 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(R), 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
http://www.presstek.com/, or call 603-595-7000 or email: . DI is a
registered trademark of Presstek, Inc. Contacts: Investor Relations
Kathleen Makrakis Director of Investor Relations 203-485-7534, ext.
1432 Trade Relations Betty LaBaugh Public Relations Manager
603-594-8585, ext. 3441 DATASOURCE: Presstek, Inc. CONTACT:
Investor Relations: Kathleen Makrakis, Director of Investor
Relations, +1-203-485-7534, ext. 1432, ; or Trade Relations: Betty
LaBaugh, Public Relations Manager, +1-603-594-8585, ext. 3441, ,
both for Presstek, Inc. Web site: http://www.presstek.com/
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