BALDWIN TECHNOLOGY COMPANY, INC. [BALDWIN LOFO]
2 Trap Falls Road Tel: 203 402 1000
Suite 402 Fax: 203 402 5500
Shelton, CT 06484-0941 www.baldwintech.com
USA
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News from Baldwin
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For Immediate Release
Contact: Helen Oster
203.402.1004
KARL S. PUEHRINGER NAMED PRESIDENT AND CHIEF OPERATING OFFICER
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SHELTON, CT, June 20, 2005 - Baldwin Technology Company, Inc. (ASE:BLD)
announced today that Karl S. Puehringer has been elected President and Chief
Operating Officer of the Company effective July 1, 2005, reporting to Gerald A.
Nathe, Chairman and Chief Executive Officer.
Mr. Puehringer has served with the Company since 2001 and most recently held the
position of Vice President, European Operations. Before joining Baldwin, Mr.
Puehringer served as a Manager at A.T. Kearney in Munich. Prior to that, he was
President and a Director of Voest-Alpine MCE Indonesia and Managing Director of
Voest-Alpine Ice Mexico. In his new capacity as President and Chief Operating
Officer of the Company, Mr. Puehringer will assume the day-to-day responsibility
for Baldwin's European, American and Asian operations, all of which will report
to him.
Gerald A. Nathe, Chairman and Chief Executive Officer of the Company, stated
"Karl has a strong background in operations management and has been successful
in consistently achieving positive results for the Company's largest business
sector in Europe. Karl's management experience and existing knowledge of the
Company will serve him well in his new role and responsibilities. I look forward
to working with him to further improve the global performance of Baldwin
Technology."
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Baldwin Technology Company, Inc. is a leading international manufacturer
of accessories and controls for the printing and publishing industry.
November 14, 2003