Under an OEM agreement Heidelberg will sell a version of the PearlDry plate as the Saphira Quickplate 46.
The firms fell out when Presstek gave all dealers apart from Heidelberg a 20-30% discount on PearlDry plates and Heidelberg started selling a non-Presstek plate, the Saphira Caleidoplate, for the QM DI (PrintWeek, 14 March).
Heidelberg couldnt sell Presstek plates until last weeks deal and lost customers as a result.
Under the OEM Heidelberg is paying the same as other Presstek dealers, which Presstek claimed would cut revenue by 1.84m ($3m) this year.
Were finally where we thought wed be in the first place two plates and better prices, said Heidelberg UK sales director Jim Todd.
Presstek says its second-quarter results were its strongest for five years.
Net income was 1.2m compared to a loss of 7.14m this time last year. Revenue rose 17% to 14m.
Press shipments rose from one to 15 and sales of Dimension platesetters from 26 to 38. Anthem plate sales rose 78% to 921,000 and overall plate sales by area by 26% to 446,000m2.
The firm expects strong growth from of its next-generation plate, the Applause, which will ship in Q3.
Have your say in the Printweek Poll
Related stories
Latest comments
"I am so pleased that all the staff at Reflections who were made redundant will finally get the money they are owed. Unfortunatly for all the staff at Wren Packaging who were made redundant, myself..."
"Thank you for the opportunity to comment on this Jo, and PrintWeek!
Please feel free to get in touch with the Howden Print Team to arrange your own Free of Charge Cyber Micro-Penetration Test to help..."
"I never quite understand the statements such as "achieved such a positive outcome for this well-established business".
The established business unfortunately failed and no longer exists, a..."
Up next...
Commitment, presence and energy will be much missed
Tributes paid to Lascelle Barrow
Around 300 roles may be affected
International Paper to close five UK packaging sites
Asset ownership delayed process
Reflections to be liquidated
'Start of a new era'