Question-and-Answer Session
Operator
Ladies and gentlemen, if you would like to ask a question, please press star, followed by one on your touchtone telephone. If your question has been answered, or you wish to withdraw your question, please press star followed by two. All questions must be submitted at this time in order for it to be registered. Please hold a brief moment while we compile a list. And your first question comes from the line of Charlie Strauzer from CJS Securities. You may proceed.
Arnie Ursaner – CJS Securities
Hi, good morning gentlemen. It's actually Arnie Ursaner backing up Charlie on the call today. How are you?
Joe Davis
Good Arnie.
Arnie Ursaner – CJS Securities
A couple questions if I can Joe, and Jon I know you just gave us the math, but I could use a little bit of help. In your guidance for Q4, one of the questions I had was the amount of election business you had. You mentioned $6.9 million in Q3, then you gave us this number excluding, you know you gave, that if you include election-related business it would be a decline of 3% to 9%. What is, can you just give us the election business that’s embedded in that guidance?
Joe Davis
Yeah, Arnie, as you know, I’ve said we’ve done $24 million in the 2007 election cycle. That includes ballot printing as well as election persuasion printing, political persuasion printing.
Arnie Ursaner – CJS Securities
Okay.
Joe Davis
And (inaudible) that means that we still have to report in the December quarter something on the range of $13, $15 million.
Arnie Ursaner – CJS Securities
Perfect, thank you. Okay. My second question Joe, you mentioned that you built a facility in digital printing in Prague.
Joe Davis
Yes.
Arnie Ursaner – CJS Securities
Can you perhaps expand, is this a one off or a specific request from your client, or do you really have more of an international strategy for the entire company CGX, and how might that play out over the next year or so.
Joe Davis
Well we’re getting continued interest from our customers for service, not only in Europe, but in Asia as well. And we’ve had a relationship, if you will, along with some equipment we’ve placed in Prague, to service a particular customer the last couple years. We now have continued that relationship, we also have put, we own our own facility in Prague, we lease a facility in Prague, and we have our own equipment and hired our people. So we have a fully operational facility in Prague. Initially to service one particular customer, but we were seeing a lot of increased demand from other customers who want to be able to use that facility. So it’s a great location, and we can service, overnight, almost any European location. It does not necessarily say that we are on the look to expand outside the US except to service particular customer needs.
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