Business News

Presstek Awarded Technology Grant from New Hampshire Innovation Research Center

Tuesday 18. March 2008 - Presstek and University of New Hampshire Polymer Research Group to Conduct Nanotechnology Research

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.”