Presstek appoints Edward E. Barr to Board of Directors

Ink World, Oct, 2008

Presstek, Inc. announced that Edward E. Barr has been elected to its Board of Directors. Mr. Barr served as president and CEO of Sun Chemical Corporation from 1987 to 1998, during which time Sun Chemical's revenues grew from $600 million to more than $3 billion. Mr. Barr has more than 45 years of industry experience, including senior management roles in Sun Chemical and Courtaulds plc, and has also served as chairman and CEO of Sun Chemical Group BV, and as chairman of Kodak Polychrome Graphics.

"I am excited to welcome a seasoned executive of Ed's caliber to the Presstek board," commented Jeff Jacobson, Presstek president and CEO. "Ed's track record, which includes the successful transformation of Sun Chemical into the leading global graphic arts printing ink and pigments company, demonstrates his strategic vision, industry insight and passion to succeed. Ed and I worked closely together during his tenure as chairman at Kodak Polychrome Graphics, and I am looking forward to another successful collaboration as Presstek executes its strategy."

"Presstek has a unique and innovative market position, and I am pleased to work closely again with Jeff Jacobson, and the entire team, as we leverage Presstek's strengths to build shareholder value," said Mr. Barr.

Mr. Barr joined Sun Chemical in 1962 and served as president and chief operating officer from 1975 to 1982, when he left to become CEO and partner with Courtaulds plc in a US-based specialty chemicals joint venture. He rejoined Sun Chemical in 1987 as president and CEO. From 1998 through 2003, Mr. Barr served as Chairman and CEO of Sun Chemical BV, the holding company for Sun Chemical and its other interests, including its 50 percent equity in Kodak Polychrome Graphics.

An economist by training, Mr. Barr received his master's degree from the University of Michigan and participated in the Ph.D. program in economics at New York University (1959-61). Later, he completed M.I.T.'s Senior Executive Program. A graduate of NYU's Stern School of Business (BS, 1957), he was named a distinguished alumnus of NYU and awarded the John T. Madden Memorial Medal in 1978. Mr. Barr is an overseer of NYU's Stern School, where he led the recently-completed five-year capital campaign.