EXHIBIT 99.1

                 Baldwin Announces Restructuring Plan

    SHELTON, Conn.--(BUSINESS WIRE)--Dec. 21, 2007--Baldwin Technology
Company, Inc. (AMEX: BLD), a global leader in process automation
technology for the printing industry, announced today that it is
undertaking a plan to restructure some of its operations in Europe.
The Company estimates that the total cost of implementing this
restructuring plan will be approximately $960,000, which will be
recorded as a pre-tax charge in the quarter ending December 31, 2007.
The pre-tax estimated savings from the plan is expected to be
approximately $1.2 million annually, which will result from a
reduction in employment levels at the Company's operations in Germany.

    Company President and CEO, Karl Puehringer, commented on the
initiatives: "As the Company progressed with the integration of the
Oxy-Dry acquisition during the year, we continued to review our
operations in Germany to identify additional opportunities for
rationalization to attain an appropriate balance in our manufacturing
and engineering resources. The cost reductions contemplated in this
restructuring will better position the Company in the current
competitive marketplace, especially given softer order intake rates
for the German OEM press manufacturers. The actions to be taken under
the restructuring plan are in process and are expected to be completed
by the end of the current fiscal year."

    About Baldwin

    Baldwin Technology Company, Inc. is a leading global supplier of
process automation equipment for the printing and publishing industry.
Baldwin offers its customers a broad range of market-leading
technologies, products and systems that enhance the quality of printed
products and improve the economic and environmental efficiency of
printing presses. Headquartered in Shelton, Conn., the Company has
operations strategically located in the major print markets and
distributes its products via a global sales and service
infrastructure. For more information, visit
http://www.baldwintech.com.

    Cautionary Statement: This release may contain statements
regarding restructuring charges and expenses and expected future
savings or other statements, which may constitute "forward-looking"
information as defined in the Private Securities Litigation Reform Act
of 1995 or by the Securities and Exchange Commission. Investors are
cautioned that any such forward-looking statements are not guarantees
of future performance and actual results may differ. See Item 1A "Risk
Factors" to the Company's Annual Report on Form 10-K for the fiscal
year ended June 30, 2007.

    CONTACT: Baldwin Technology Company, Inc.
             Helen P. Oster, 203-402-1004



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