Ryobi Limited of 762 Mesaki-cho, Fuchu-shi, Hiroshima-ken, 726-8628, Japan

(hereinafter referred to as "Ryobi") and Presstek, Inc. of 55 Executive Drive,

Hudson, New Hampshire 03051-3907, U.S.A. (hereinafter referred to as "Presstek")

mutually agree to execute the following agreements with regard to the

manufacture and sales of "Sun Press" (hereinafter referred to as the

"Agreement").



                                WITNESSETH THAT:



WHEREAS, Presstek and Ryobi have developed the Digital Offset Printing Press

(hereinafter referred to as "Sun Press") according to the "Agreement for Joint

Development, Manufacture & Sales of the "Sun-press" (Ref. No. 981222-01)" signed

by both parties on December 22, 1998 and amended on January 6, 2000 [Ref. No.

991221-01]. Both parties intend to pursue manufacture and sales thereof.



WHEREAS, Presstek shall manufacture the imaging device (Laser Imaging Heads) to

be assembled into Sun Press and supply DI Kits to Ryobi;



WHEREAS, Ryobi shall manufacture the other mechanical portion of Sun Press, and

Ryobi shall be the exclusive assembler of Sun Press;



WHEREAS, Ryobi is entitled to sell such presses with Ryobi brand (hereinafter

referred to as "Ryobi 3404DI Press"), throughout the world;



WHEREAS, Presstek desires to sell such presses worldwide under other brand(s)

through other channel(s) (hereinafter referred to as "OEM Sun Press"), with a

condition that such Presstek's distribution shall be made through no more than

[CONFIDENTIAL TREATMENT REQUESTED] /*/ and with no more than [CONFIDENTIAL

TREATMENT REQUESTED] /*/ and [CONFIDENTIAL TREATMENT REQUESTED] /*/ name in any

country.



NOW, THEREFORE, Both parties agree upon the terms and conditions as stipulated

below.



DEFINITIONS

"Consumables" shall mean printing plates in roll form using Presstek's PEARLdry

technology as identified in EXHIBIT 2 and as modified, updated and/or replaced

during the term of this Agreement which constitute consumable products for use

in the Sun Press.



"DI Kits" shall mean the hardware components, subassemblies, software and

firmware that are supplied by Presstek for the installation of the Presstek DI

Technology in the Ryobi 3404DI Press and OEM Sun Press.



"DI Products" shall mean the DI Kits, consumables for DI Kits and the spare

parts for DI Kits.











/*/ [CONFIDENTIAL TREATMENT REQUESTED] INDICATES MATERIAL THAT HAS BEEN OMITTED

AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED

MATERIAL HAS BEEN FILED WITH THE COMMISSION PURSUANT TO RULE 24B-2 PROMULGATED

UNDER THE SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED.















                                       1

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"Presstek DI Technology" shall mean Presstek's current laser imaging

technologies, together with related products, and the components utilized in

converting a conventional printing press into a direct imaging press including,

without limitation, laser diode arrays, computers, electronics, internal plate

cylinder design and roll based plates.



"Presstek Proprietary Rights" shall mean any all patents, patent applications,

copyrights and trademarks, including the trademarks described in Exhibit 3 as

well as all trade secrets, confidential information, software and firmware,

know-how and all other industrial property rights of any type owned or

controlled by Presstek relating to the Presstek proprietary technology described

in Article 3-1(3) and (4) and 3-2.



"Ryobi Proprietary Rights" shall mean any all patents, patent applications,

copyrights and trademarks as well as all trade secrets, confidential information

software and firmware, know-how and all other industrial property rights of any

type owned or controlled by Ryobi relating to the Ryobi proprietary technology

described in Article 3-1(1)and (2) and 3-2.



"Specifications" shall mean the specifications for the Sun Press attached hereto

as Exhibit 1. These Specifications are subject to modification by Presstek (or

Ryobi) from time to time during the ongoing testing and evaluation of these

units in the exercise of its reasonable engineering judgment, with timely

notification to Ryobi (or Presstek) in accordance with the terms of this

Agreement.





"Sun Press" shall mean a four-color, sheet-fed printing press of the A3 format

size manufactured by Ryobi incorporating multi-print cylinder technology and on

press direct imaging of plates. The definition "Sun Press" shall include the

Ryobi 3404DI Press and the OEM Sun Press.



CHAPTER 1.  DEVELOPMENT & MANUFACTURE



ARTICLE 1. MANUFACTURE OF SUN PRESS



As for the manufacture of Sun Press, Presstek shall manufacture DI Kits whereas

Ryobi shall manufacture the other mechanical portions. Ryobi shall be the

exclusive assembler of Sun Press and Ryobi shall test its proper performance as

a total machine before shipment.



ARTICLE 2. TOOLING



As long as both parties intend to sell Sun Press, each party shall bear the

tooling expenses for its own production of products.



ARTICLE 3. PATENT & INTELLECTUAL PROPERTY



1.   (1)  Ryobi retains the sole ownership and all rights to Ryobi's offset

          press technology and any other technology developed by Ryobi.







                                       2

{PAGE}



     (2)  Except as provided in ARTICLE 3-2, ownership and all rights to any

          technology developed primarily by Ryobi pursuant to the development of

          Sun Press to which only a nominal or non-significant contribution is

          made by Presstek shall be wholly owned by Ryobi.



     (3)  Presstek retains the ownership and all rights to Presstek's technology

          contained in DI Kits, auto plate cylinder, press concept (Heath

          Patent), anilox inking system and any other technology developed

          solely by Presstek.



     (4)  Except as provided in ARTICLE 3-2, ownership and all rights to any

          technology developed primarily by Presstek pursuant to the development

          of Sun Press to which only a nominal or non-significant contribution

          is made by Ryobi shall be wholly owned by Presstek.



     [5]  Except as provided in ARTICLE 3-2, any new technology jointly

          developed by Ryobi and Presstek (the "Joint Technology") will be

          equally and jointly owned by the parties to this Agreement. Ryobi and

          Presstek may use or license to third parties the Joint Technology

          freely without obtaining any approval from the other party PROVIDED,

          HOWEVER, THAT THE JOINT TECHNOLOGY SHALL BE CONSIDERED BOTH PRESSTEK

          CONFIDENTIAL INFORMATION AND RYOBI CONFIDENTIAL INFORMATION AND SHALL

          BE GOVERNED BY THE TERMS AND CONDITIONS OF THE CONFIDENTIALITY

          AGREEMENT. Neither party is required to account to the other for, or

          to pay the other for any portion of, the revenue it earns from

          licensing the Joint Technology. Either party may initiate a patent

          application process (or similar process), and both parties agree to

          share equally in all reasonable costs associated with such patent

          application. In case either party refuses to apply for patent, the

          other party is entitled to apply for patent at the sole cost borne by

          themselves.



2.   Modifications to Existing Technology.



     (1)  Ownership and all rights to any technology, including the DI Products,

          which is a modification or improvement of existing Presstek technology

          or which relates to laser imaging, auto plate feeding, auto inking or

          directly imageable printing plates made by either or both parties in

          the process of the development of Sun Press shall be wholly owned by

          Presstek and shall be considered Presstek Confidential Information and

          shall be governed by the terms and conditions of the Confidentiality

          Agreement. However, such technology shall be licensed to Ryobi under

          the terms of this agreement. The cost for patent application on such

          technology shall be paid by Presstek.



     (2)  The ownership and all rights to any technology which is a modification

          or improvement of existing Ryobi technology (i.e., all technology

          related to Sun Press except existing Presstek technology) made by

          either or both parties in the process of the development of Sun Press

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