Presstek Awarded Technology Grant From New Hampshire
Innovation Research Center
Presstek and University of New Hampshire Polymer Research Group
to Conduct Nanotechnology Research
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Hudson, NH – March 17, 2008 – Presstek Inc. (Nasdaq: PRST), the
leading manufacturer and marketer of digital offset printing business
solutions, jointly announced today with the University of New Hampshire
(UNH) that they were awarded a Granite State Technology Innovation
Grant. The grant, funded by the New Hampshire Innovation Research
Center (NHIRC), will enable Presstek and the University of New Hampshire
(UNH) to conduct leading-edge nanotechnology research with the goal
of advancing printing technology.
The NHIRC grant program funds research collaborations between New
Hampshire businesses and universities—promoting applied and basic
scientific research to facilitate technology developments and innovation
in order to create more job opportunities for New Hampshire residents.
Presstek, along with UNH’s Polymer Research Group (PRG) – a division
of the Nanostructured Polymers Research Center at the Durham campus
– will research polymer nanotechnology materials and processes that
can be used to develop next-generation applications for the graphic
arts imaging and printing markets. PRG researchers will be using
advanced polymer nanotechnology to develop innovative materials,
while Presstek’s research team will focus on the application and
commercialization of those technologies to produce advanced printing
solutions.
“Research is the key to innovation and progress in any industry,
and nanotechnology is the exciting frontier of research in the 21st
century,” said Hakan Elmali, PhD, Vice President of Engineering
and Research
at Presstek. “Presstek searched extensively worldwide for a university
partner of this caliber and with this type of expertise. We are
looking forward to working with UNH to develop the next generation
printing plate technology based on revolutionary materials advanced
by nanotechnology.”
“The opportunity to partner with Presstek allows UNH to apply our
technical capabilities and knowledge to innovative industrial applications,
previously unexplored,” said Donald C. Sundberg, PhD, Director of
UNH’s Nanostructured Polymers Research Center. “This collaboration
exposes our students to new markets, expanding their knowledge base
and opens up job possibilities and broader research opportunities.”
The Granite State Technology Innovation Grant
The New Hampshire Innovation Research Center was established in
1991 and has awarded 164 grants – totaling more than $5 million
– to 116 companies. The Granite State Technology Innovation Grant
is awarded to four to eight companies each year and entails a competitive
process where applications are judged on their scientific merit
and commercial feasibility. A company match is required, and state
funds are leveraged by federal dollars from the National Science
Foundation’s EPSCoR program. The objective of this program is to
help New Hampshire companies retain or create high-quality jobs,
improve profitability and contribute to technology-based economic
development in the state.
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®, 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 www.presstek.com,
call 603-595-7000 or email: info@presstek.com.
Contact
Betty LaBaugh
Public Relations Manager
603-594-8585 ext. 3441
blabaugh@presstek.com
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