RR Donnelley and KBA Announce Agreement to Develop and Deliver Next Generation Digital Print Platforms
01 March 2011 - 10:30PM
R. R. Donnelley & Sons Company
(Nasdaq:RRD)
, and KBA AG of Wuerzburg, Germany
announced today an agreement to develop, manufacture and sell next
generation piezoelectric digital inkjet printing solutions to the
packaging, securities, commercial, and newspaper segments. Under
the terms of the agreement, RR Donnelley will license its Apollo
and other digital imaging technologies to KBA which will
incorporate them into its press offerings. KBA's new digital
presses will be introduced in May 2012 at the DRUPA International
Print Show in Dusseldorf, Germany. Further details on the
cooperation will be published later.
"RR Donnelley and KBA have long been leaders and innovators in
our respective industries," said Thomas J. Quinlan III, RR
Donnelley's President and Chief Executive Officer. "We look forward
to having the combined R&D resources of nearly 1,000 engineers
and imaging scientists bring forward the next generation of digital
imaging technologies. This relationship will benefit the customers
we serve today and enable RR Donnelley innovations to be introduced
to customers in segments that we do not yet address."
"Seeking to expand the industry's broadest product range, KBA
has spent the last 18 months assessing both current and future
digital printing technologies from around the world," said Helge
Hansen, CEO of KBA. "In our analysis, it was clear that RR
Donnelley was uniquely positioned to partner with us from a digital
print technology, experience, and scale perspective. It's more than
a sales and service agreement for existing technology. We look
forward to jointly reinvigorating this industry with new digital
imaging platforms."
About RR Donnelley
RR Donnelley (Nasdaq:RRD) is a global provider of integrated
communications. Founded more than 146 years ago, the company works
collaboratively with more than 60,000 customers worldwide to
develop custom communications solutions that reduce costs, enhance
ROI and ensure compliance. Drawing on a range of proprietary and
commercially available digital and conventional technologies
deployed across four continents, the company employs a suite of
leading Internet based capabilities and other resources to provide
premedia, printing, logistics and business process outsourcing
products and services to leading clients in virtually every private
and public sector.
For more information and for RR Donnelley's Corporate Social
Responsibility Report, visit the company's web site at
www.rrdonnelley.com
About KBA
Established 194 years ago in Wuerzburg, Germany, Koenig &
Bauer AG (KBA), the parent of the KBA group, is the oldest and
second largest press manufacturer worldwide. KBA's banner, 'People
& Print', reflects its dual focus as a driver of innovation for
print entrepreneurs. The group's product range is the broadest in
the industry, imparting a unique level of expertise and exceptional
competence in mastering technological challenges. The product
portfolio includes commercial and newspaper web presses, sheetfed
offset presses in all format classes, special presses for books,
inserts, banknotes, securities, metal-decorating, smart cards; CDs
and DVDs plus inkjet and other coding systems. For more information
visit the company's web site at www.kba.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.
CONTACT: Media Contact:
Doug Fitzgerald, Executive Vice President Communications
Tel: 630-322-6830 E-mail: doug.fitzgerald@rrd.com
Investor Contact:
Dave Gardella, Vice President Investor Relations
312-326-8155 E-mail: david.a.gardella@rrd.com
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