Presstek Announces New Revolving Credit Facility and Sale of its Lasertel Subsidiary
Presstek, Inc. (NASDAQ: PRST), a leading manufacturer and marketer of digital offset printing business solutions, announced it has entered into a new $25 million revolving credit facility with PNC Bank, N.A. and concurrently completed the sale of its subsidiary, Lasertel, Inc. to SELEX Galileo Inc. (“SELEX”).