Baldwin Secures $2.2M in Press Equipment Orders
June 08 2009 - 9:00AM
Business Wire
Baldwin Technology Company, Inc. (NYSE Amex:BLD), a leader in
process automation technology for the global printing industry,
announced today that it has received $2.2 million in equipment
orders from two Japanese newspaper publishers, Yomiuri Shimbun and
Iwate Nichinichi Shimbun.
The Yomiuri Shimbun order includes Baldwin's spray dampening and
blanket cleaning systems to be installed on a Mitsubishi printing
press at Yomiuri�s new facility in Kiba. With a circulation of 10
million newspapers daily, Yomiuri Shimbun is the largest newspaper
publisher in the world. Yomiuri Shimbun operates 29 printing
facilities, most of which already use Baldwin process automation
equipment. Delivery is scheduled for February 2010.
Sendai Kosoku Offset is one of five printing facilities owned
and operated by Iwate Nichinichi Shimbun, a newspaper publisher
based in Tohoku. The Iwate Nichinichi order includes Baldwin�s
spray dampening systems, blanket cleaning systems and ink roller
cleaning systems. The installation is planned for delivery in
October 2010.
Baldwin President and CEO Karl Puehringer commented, �These two
orders underscore the demand for Baldwin products, especially in
the high-volume Japanese newspaper market characterized by high
readership and stable circulation. Japanese newspaper publishers
like Yomiuri Shimbun and Iwate Nichinichi continue to incorporate
Baldwin products on their presses to improve print quality,
increase capacity, reduce environmental impact and improve cost
effectiveness.�
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.
Information for investors, including an investment profile about
Baldwin is available at www.hawkassociates.com/profile/bld.cfm.
Investors may contact Julie Marshall or Frank Hawkins, Hawk
Associates, at (305) 451-1888, e-mail: baldwin@hawkassociates.com.
An online investor kit including press releases, current price
quotes, stock charts and other valuable information for investors
is available at http://www.hawkassociates.com.
This release contains certain forward-looking statements which
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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