First off, I would not run the printstatus command from your script. This is a big security risk and most likely, the user your webserver uses is not allows sudo access (since it is implicitly defined by the admin).
Now a cronjob running printstatus into a logfile would be better. check out the man page for cron.. something like 0 0 * * * sudo /path/to/printstatus >> /path/to/logfile should work ok.
Depending on the output of printstatus (got a sample?) you could read it in line by line and print out the html using the CGI.pm.. also something like
my $query=new CGI();
print $query->start_html(-title=>'Printer Status');
open(LOG," /path/to/logfile") || die "Cannot open logfile!: $!\n";
print $query->br,"$_ ",br;