RR Donnelley Awarded $500 Million Multi-Year Agreement by Publishing Group of America
26 February 2009 - 8:01AM
Business Wire
R.R. Donnelley & Sons Company (NYSE: RRD) announced
today that it has been awarded a multi-year $500 million agreement
by Publishing Group of America, a leading multi-media publisher
whose well-known weekly and monthly titles include American
Profile, Relish and Spry. Publishing Group of America also provides
custom publishing services.
Under the terms of the agreement, RR Donnelley will provide all
future printing, logistics and premedia services for Publishing
Group of America's magazines.
�RR Donnelley will continue to deliver exceptional value through
its integrated end-to-end capabilities,� said Richard Porter, Chief
Executive Officer of Publishing Group of America. �Their financial
strength, ability to provide on-site premedia services, their
proven production platform and sophisticated logistics resources
are an ideal match with our challenging requirements.�
Publishing Group of America�s magazine titles are distributed to
subscribers and newsstand purchasers of approximately 1,100 weekly
and smaller market daily newspapers. The production and delivery of
millions of copies of the titles, in the right quantities, on the
right schedules, to the right newspapers for distribution requires
tight coordination between publisher and printer.
�Readers from coast-to-coast who enjoy Publishing Group of
America�s magazines probably cannot begin to guess at the complex
process that brings these titles to their doors,� stated Tom
Quinlan, RR Donnelley�s President and Chief Executive Officer. �We
are very proud that the tightly woven capabilities that we have
built will help to streamline that process, reduce cycle times and
deliver enhanced value as we support Publishing Group of
America.�
About RR Donnelley
RR Donnelley (NYSE: RRD) is the world�s premier full-service
provider of print and related services, including business process
outsourcing. Founded more than 144 years ago, the company provides
products and solutions in commercial printing, direct mail,
financial printing, print fulfillment, labels, forms, logistics,
call centers, transactional print-and-mail, print management,
online services, digital photography, color services, and content
and database management to customers in the publishing, healthcare,
advertising, retail, technology, financial services and many other
industries. The largest companies in the world and others rely on
RR Donnelley�s scale, scope and insight through a comprehensive
range of online tools, variable printing services and
market-specific solutions.
For more information, and for RR Donnelley's Corporate Social
Responsibility Report, visit the company's web site at
http://www.rrdonnelley.com.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" as
defined in the U.S. Private Securities Litigation Reform Act of
1995. Readers are cautioned not to place undue reliance on these
forward-looking statements and any such forward-looking statements
are qualified in their entirety by reference to the following
cautionary statements. All forward-looking statements speak only as
of the date of this news release and are based on current
expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements
contained in RR Donnelley's filings with the SEC. RR Donnelley
disclaims any obligation to update or revise any forward-looking
statements.
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