RR Donnelley Acquires LibreDigital; Extends e-Reader Services Into Book, Magazine and Newspaper Segments
17 August 2011 - 8:30PM
R. R. Donnelley & Sons Company (Nasdaq:RRD)
today announced that it has acquired Austin, TX-based LibreDigital,
a leading provider of digital content distribution, e-reading
software, content conversion, data analytics and business
intelligence services to book, magazine and newspaper publishers as
well as to e-reader device providers.
"Through acquisitions and new product development we continue to
extend RR Donnelley's reach across the breadth of the supply
chain," said Thomas J. Quinlan III, the company's President and
Chief Executive Officer. "Adding LibreDigital's proven, innovative
capabilities to our digital content creation and delivery platform
will enable us to offer our publishing, retail, e-reader provider
and other customers an even broader selection of services."
LibreDigital (www.libredigital.com) is a pioneer of digital
replicas for books and periodicals and today supports the e-reading
supply chain with electronic preparation, distribution and
engagement services. LibreDigital is a leading provider of
e-content to more than 40 e-commerce sites, including those of
leading tablet providers. LibreDigital's platform also enables
publishers to market and sell digital content direct to the end
consumer. Customers include leading publishers as well as
manufacturers and marketers of standalone, tablet and mobile
e-reading devices.
"With this acquisition we uniquely position RR Donnelley to
support publishers and other customers with capabilities that
include physical and digital production and distribution," stated
John Paloian, RR Donnelley's Chief Operating Officer. "For example,
we can produce books in quantities from one to millions, prepare
the same content for distribution to e-readers and provide valuable
business intelligence to our customers throughout the entire
process."
"We look forward to providing the same level of high service to
our customers and partners as part of the RR Donnelley team," said
Russell P. Reeder, President and CEO of LibreDigital. "We also see
strong potential for new synergies that create added value for
publishers, e-reading marketplaces, and digital readers."
"With services constituting more than 10% of our revenue, robust
digital content creation and distribution resources, and
capabilities that span the breadth of the supply chain, RR
Donnelley has completely transcended the role of an ink-on-paper
provider," added Quinlan. "This acquisition enhances our
capabilities as a provider of integrated communications
solutions."
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
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.
CONTACT: Media Contact: Doug Fitzgerald,
Executive Vice President Communications:
Tel: 630-322-6830 E-mail: doug.fitzgerald@rrd.com
Investor Contact: Dave Gardella,
Senior Vice President Finance:
312-326-8155 E-mail: david.a.gardella@rrd.com
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