Rigrodsky & Long, P.A. Announces Investigation of Baldwin Technology Company, Inc.’s Agreement to be Taken Private by Forsyth Baldwin, LLC

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Baldwin Technology Company, Inc. ("Baldwin” or the "Company”) (NYSE Amex: BLD) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by Forsyth Baldwin, LLC ("Forsyth”) in a transaction with an approximate value of $27.3 million.

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Under the proposed agreement, Baldwin’s stockholders will receive $0.96 in cash for each share of Baldwin Class A or Class B common stock they own, subject to adjustment at closing based on certain criteria, including the extent that the difference between Baldwin’s aggregate cash balances and the balance of aged accounts payable is less than $1,800,000, provided that such adjustments cannot reduce the per share consideration below $0.90.

The investigation concerns whether Baldwin’s board of directors adequately shopped the Company to obtain the best price possible for Baldwin shareholders before entering into the agreement with Forsyth. Indeed, according to Yahoo! Finance, at least one analyst has a $1.80 per share price target for Baldwin stock.

If you own the common stock of Baldwin and purchased your shares before December 23, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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