Baldwin Awarded Major Orders for Blanket Cleaning Systems.SHELTON, Conn. -- Baldwin Technology Company, Inc. (AMEX AMEX See: American Stock Exchange : BLD BLD Build BLD Blood BLD Blade BLD Blonde BLD Breakfast Lunch Dinner BLD Bukas-Loob Sa Diyos (Filipino: Open In Spirit To God) BLD BASIC Bload Graphics (File Name Extension) BLD Below Limit of Detection ), a leading global manufacturer of printing press accessories and control equipment, announced today that it had recently secured significant orders in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. for its Impact(R) automatic cleaning systems. The company valued the orders at approximately $2 million. The Journal and Courier in Lafayette-West Lafayette, Indiana Lafayette (IPA: [ˈlɑ.fəˌjɛt]) is a city in Tippecanoe County, Indiana, U.S., 63 miles (101 km) northwest of Indianapolis. , a Gannett company
Gannett Company, Inc. (NYSE: GCI) is a publicly traded media holding company based in the United States and is the largest U.S. newspaper publisher as measured by total daily circulation. , ordered Baldwin's IMPACTflex blanket cleaning systems for installation on its new MAN Geoman 70 press which will be delivered this spring. In addition, the Denver Newspaper Agency placed orders for blanket cleaning systems to be fitted on five new Geoman presses that will be installed during the summer. Karl Puehringer, President and COO, commented, "IMPACTflex provides our customers a cleaning system that gives them the flexibility to remain in compliance with increasingly stringent environmental regulations. This unique FLEX cleaning technology allows printers to operate in either the wet PREPAC or dry cloth and solvent mode and incorporates advanced cloth and fluid management features which maximizes cleaning performance while minimizing consumable usage. These orders along with several others that we have recently received have added to our backlogs which have grown noticeably from the levels at the end of the prior quarter." About Baldwin Technology Company Baldwin Technology Company, Inc. is a leading global manufacturer of printing press accessories and controls for the commercial and newspaper 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 Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. 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 Frank Hawkins Jr. (born July 3, 1959 in Las Vegas, Nevada) is a former American football running back who played seven seasons in the National Football League with the Oakland/Los Angeles Raiders. or Julie Marshall at (305) 451-1888 or e-mail info@hawkassociates.com. For an online investment kit, visit http://www.hawkassociates.com. An investment profile about Baldwin Technology may be found at http://www.hawkassociates.com/baldwin/profile.htm. Cautionary Statement: This release may contain statements regarding expected future order, backlog and sales rates, operating margins and profitability or other statements, which may constitute "forward-looking" information as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 or by the Securities and Exchange Commission. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results may differ. See Exhibit 99 to the company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. Report for the fiscal year ended June 30, 2005. |
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