A headline in yesterday's Business section incorrectly stated that Bermuda Press was purchasing a stake in Pronto Press. It should have read Pronto Print.

The Bermuda Press (Holdings) Ltd. has bought 80 percent of Pronto Print Ltd., located on Victoria St. at the corner of Parliament St.

The commercial printing operation is in the process of purchasing a multi-colour printing machine, which general manager Essie Hans said will allow the it to compete against other companies such as Globe Press and Engravers Ltd. Ms Hans owns the other 20 percent of Pronto Press after three other shareholders sold their stake in the company to Bermuda Press. The Bermuda Press (Holdings) Ltd., which is listed on the Bermuda Stock Exchange, owns The Royal Gazette , and The Bermuda Press Ltd.