Agfa to divest Lastra's punch & bender business


Under the terms of the purchase agreement NELA will, among other things, assume worldwide warranty and service responsibility for the installed base of Lastra's punch & bender equipment as of January 1, 2005.
 
Within the next days, Lastra customers will be informed in writing and will receive specific contact information regarding warranty and service.
 
About Agfa
The Agfa-Gevaert Group is one of the world's leading imaging companies. Agfa develops, manufactures and markets analogue and digital systems, intended mainly for the graphic and healthcare markets.
Agfa's headquarters are in Mortsel, Belgium. The company is active in 40 countries and has agents in another 100 countries throughout the world. Together they achieved a turnover of 4,215 million Euros in 2003.
Product and company information can be found on Agfa's home page on the World Wide Web at: www.agfa.com.
 
About NELA
NELA is the premier manufacturer of register and printing plate automation products in the world. With factories in Lahr, Germany and Oakdale, Minnesota, NELA is well suited to sell and service in the international marketplace. NELA is active globally with several thousand machines installed. Regarding automated punch & bender systems there are over 800 installations in 70 countries. NELA's 275 employees - US and Germany - provide the state-of-the-art punch & bending machines and plate transport systems to most major Newspaper and Commercial printers in both hemispheres. Product and company information can be found on NELA's home page on the World Wide Web at: www.nela-usa.com.
 
Contacts:
 
Agfa-Gevaert
Corporate Press Relations Manager
Johan Jacobs
++32 (0)3 444 80 15
 
NELA
Public Relations
Katharina Gruber
++1-651-407-4863
katharina.gruber@nela-usa.com

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