RR Donnelley Further Streamlines Due Diligence With a Fully Enhanced Venue® Virtual Data Room Solution
10 March 2016 - 11:46AM
R. R. Donnelley & Sons Company’s (Nasdaq:RRD)
today announced the launch, effective March 4th, of the company’s
transformed Venue virtual data room, representing another
enhancement to the company’s deal solutions platform. Venue virtual
data room is one of the fastest-growing offerings of RR Donnelley's
comprehensive Financial Services Group and is used by legal and
financial services professionals to accelerate and streamline
business processes related to M&A due diligence, IPOs,
Securities and Exchange Commission filings and fundraising
activities.
Venue virtual data room is a highly secure, globally accessible
online platform for the exchange and storage of critical
information inside and outside of an enterprise, in order to
streamline collaboration and workflow management.
The re-designed Venue data room platform is centered on
optimizing the Venue user experience. Enhancements include a
sleeker, more modernized product interface, a faster core function
processing, and streamlined access to deal room content.
Two-factor user authentication enhances Venue security, providing
clients’ deal teams even more confidence for their most sensitive
deals.
“Every day, users access our Venue data rooms to securely manage
and share content related to some of the highest valued deals in
the M&A market,” commented Tom Juhase, President of RR
Donnelley’s Financial Services Group. “We continually hear from
enthusiastic Venue data room clients that our technology saves them
time, money and human capital, thereby streamlining the entire deal
process.”
RR Donnelley provides clients across virtually every industry
and geography with an unparalleled print platform, proprietary
technology tools, subject matter expertise, and single source
solutions. RR Donnelley is committed to maintaining the Venue
platform product enhancements on pace with the rapid evolution of
the deal making process. By providing Venue clients access to
a fully customizable user experience and intuitive product
interface, Venue data rooms are now even better positioned to
simplify and accelerate due diligence.
“Technology has completely disrupted and revolutionized how
dealmakers approach and close deals,” noted Craig Clay, Executive
Vice President of RR Donnelley’s Financial Services Group. “Our
enhanced Venue data room not only makes due diligence more
efficient than ever before, but also equips our clients with direct
access to the services needed for every step of a
deal.”
About RR DonnelleyRR Donnelley (Nasdaq:RRD)
helps organizations communicate more effectively by working to
create, manage, produce, distribute and process content on behalf
of our customers. The company assists customers in developing and
executing multichannel communication strategies that engage
audiences reduce costs, drive revenues and increase compliance. RR
Donnelley’s innovative technologies enhance digital and print
communications to deliver integrated messages across multiple media
to highly targeted audiences at optimal times for clients in
virtually every private and public sector. Strategically located
operations provide local service and responsiveness while
leveraging the economic, geographic and technological advantages of
a global organization.
For more information, and for RR Donnelley's Global Social
Responsibility Report, visit the company's web site
at http://www.rrdonnelley.com.
Use of Forward-Looking StatementsThis news
release may contain "forward-looking statements" within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended,
and 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.
Media Contact: Phyllis Burgee, Director Communications: Tel: +1
630-322-6093 E-mail: phyllis.burgee@rrd.com Investor Contact: Dave
Gardella, Senior Vice President Finance: Tel: +1 312-326-8155
E-mail: david.a.gardella@rrd.com
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