Baldwin Announces $1.8 Million Order in Japan
October 15 2008 - 9:15AM
Business Wire
Baldwin Technology Company, Inc. (BLD on the NYSE Alternext U.S.),
a leader in process automation technology for the global printing
and publishing industry, announced today that it has received a
$1.8 million order from Jomo Shimbun, a major Japanese daily
newspaper with a circulation of approximately 312,000. The order
includes Baldwin�s spray dampening technology, automatic guide
roller cleaner, blanket cleaning systems and automatic press washer
systems for two new TKS presses being installed in Jomo Shimbun�s
new Isezaki printing plant in Gunma Prefecture, northwest of Tokyo.
The installation is expected to be completed in October 2009.
Baldwin President and CEO Karl Puehringer commented, �This is the
third major order in Japan that we have announced since early
October for an aggregate value of $6.6 million. We are pleased that
the leading Japanese newspaper companies continue to turn to
Baldwin for the technology they need to make their press operations
environmentally-friendly while delivering outstanding color and
print quality and improving the economies of printing.� Earlier
this month, Baldwin announced a $1.5 million order from Chunichi
Shimbun and a $3.3 million order from Sankei Shimbun. Information
for investors, including an investment profile about Baldwin is
available at http://www.hawkassociates.com and
http://www.hawkassociates.com/profile/bld.cfm. To sign up for free
e-mail notifications, visit
http://www.hawkassociates.com/about/alert. About Baldwin Baldwin
Technology Company, Inc. is a leading international supplier of
process automation equipment for the printing and publishing
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, Connecticut, the company has operations strategically
located in the major print markets and distributes its products via
a global sales and service infrastructure. Baldwin�s technology and
products include cleaning systems, fluid management and ink control
systems, web press protection systems and drying systems and the
related consumables. For more information, visit
http://www.baldwintech.com. Investors may contact Julie Marshall or
Frank Hawkins, Hawk Associates, at (305) 451-1888, e-mail:
baldwin@hawkassociates.com. About Hawk Associates Inc. Hawk
Associates, Inc. is a full-service national investor relations and
financial media relations consulting firm serving clients
nationwide as well as in China and Vietnam. Online investor kits
including press releases, current price quotes, stock charts and
other valuable information for investors may be found at
http://www.hawkassociates.com. This release contains certain
forward-looking statements that involve known and unknown risks,
uncertainties or other factors not under the company�s control,
which may cause actual results, performance or achievements of the
company to be materially different from the results, performance,
or other expectations implied by these forward-looking statements.
These factors include, but are not limited to, those detailed in
the company�s periodic filings with the Securities and Exchange
Commission.
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