Baldwin Receives Order from the Nikkei Group in Excess of $5 Million
7/12/2006
Shelton, CT, July 12, 2006 -- Baldwin Technology Company, Inc. (AMEX: BLD), a leading global manufacturer of printing press accessories and control equipment, announced today that its subsidiary, Baldwin Japan, has secured an order valued in excess of $5 million from the Nikkei Group in Japan.
The order is for Baldwin’s high performance SD-H spray dampening systems and IMPACT SW blanket cleaning systems, which will be fitted on the newspaper presses for Nikkei Group’s Japan Economic Journal. The systems are designed to improve print quality, reduce start-up waste and deliver major savings in water and ink consumption. The Nikkei Group placed the order following its decision to increase the number of color pages in the 48-page Japan Economic Journal from 12 to 24 for the Beijing Olympic Games in August 2008.
President and COO Karl S. Puehringer, said, “The order from the Nikkei Group is a great start to our new fiscal year and it is one of the largest orders in our company’s history. The order continues the long-term relationship Baldwin has had with the Nikkei Group. We are pleased that a leading name in the Japanese newspaper market such as the Japan Economic Journal will gain the benefits of Baldwin’s technology for its customers.”
About Baldwin
Baldwin Technology Company, Inc. is a leading global manufacturer of printing press accessories and controls for the newspaper publishing and commercial printing industries. Baldwin offers its customers a broad range of market-leading technologies, products and systems that enhance the quality of printed products and improve the economic and environmental efficiency of printing presses. Headquartered in Shelton, Ct., the company has sales and service centers, product development and manufacturing operations in the Americas, Asia and Europe. Baldwin’s technology and products include cleaning systems, fluid management and ink control systems, web press protection systems and drying systems. For more information, visit http://www.baldwintech.com.
Investors may contact Frank Hawkins or Julie Marshall at (305) 451-1888 or e-mail info@hawkassociates.com. For an online investor relations kit, visit http://www.hawkassociates.com. An investment profile about Baldwin Technology may be found at http://www.hawkassociates.com/baldwin/profile.php.
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