Business News

Baldwin Repurchases Shares

Wednesday 27. February 2008 - Baldwin Technology Company, Inc. (AMEX:BLD) announced today that it has purchased shares of its Class A Common Stock under its stock repurchase program.

The Company had previously repurchased $1.7 million shares under the plan that was authorized in 1999. Under the program, the Company is authorized to purchase, from time to time, up to an additional $3.3 million shares of its Class A Common Stock. Such purchases may be made on the open market or in block purchases or as otherwise determined by the Company. The Company is continuing to use Janney Montgomery Scott as its exclusive agent for the repurchases.

Karl Puehringer, President and CEO asserted that “The Company believes that at the current price levels, our stock represents an attractive investment opportunity, and repurchasing shares is an appropriate use of our capital. We will make selective purchases of our stock to the extent of the available authorization, as appropriate.”