RR Donnelley Awarded Multi-Year Print and Distribution Outsourcing Contract With CIGNA
29 July 2004 - 11:36PM
PR Newswire (US)
RR Donnelley Awarded Multi-Year Print and Distribution Outsourcing
Contract With CIGNA CHICAGO, July 29 /PRNewswire-FirstCall/ -- R.R.
Donnelley & Sons Company (NYSE:RRD) has been awarded a
multi-year print and distribution-outsourcing contract with CIGNA
(NYSE:CI), one of the nation's leading providers of health care,
disability, life and accident insurance benefits. "We are delighted
to have this enterprise-wide agreement with CIGNA," said Mark A.
Angelson, Chief Executive Officer of RR Donnelley. "With medical
plans that cover more than 10 million people and management of one
of the largest HMOs, CIGNA wanted a company that could provide its
print and print-related needs across the print and distribution
supply chain at a competitive cost. We believe RR Donnelley is the
best positioned company in the industry to offer this broad
approach, and this agreement with CIGNA is further evidence that
our cross-platform sales approach is working." Under the agreement,
RR Donnelley will provide printing and distribution of CIGNA's
member materials from pre-enrollment to post-enrollment products
and services. "We're thrilled to have been selected to manage and
implement this outsourcing business model for CIGNA's print and
distribution operations," said Bob Nelson, President, Corporate
Sales at RR Donnelley. "Our agreement with CIGNA is yet another
example of the breadth and depth we can offer across the RR
Donnelley platform of products and services - from e-procurement to
printing to distribution and fulfillment. We look forward to a long
and mutually beneficial relationship with CIGNA." "Our key measure
in selecting an external partner was an organization that could
deliver high-quality products and services in a cost-effective
manner. We are confident RR Donnelley can maintain the high
standards CIGNA has come to expect from its printing and
distribution functions," said Jeffrey Novak, Vice President, Real
Estate and Purchasing for CIGNA. About RR Donnelley RR Donnelley
(NYSE:RRD) is the world's premier full-service global print
provider and the largest printing company in North America, serving
customers in the publishing, healthcare, advertising, retail,
technology, financial services, and many other industries. Founded
140 years ago, the company provides solutions in commercial
printing, forms and labels, direct mail, financial printing, print
fulfillment, business communication outsourcing, logistics, online
services, digital photography, and content and database management.
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, 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 press 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
described in RR Donnelley's and Moore Wallace's filings with the
U.S. Securities and Exchange Commission and Canadian securities
regulatory authorities, as applicable, including the section
entitled "Management's Discussion and Analysis of Financial
Condition and Results of Operations" contained therein. RR
Donnelley disclaims any obligation to update or revise any
forward-looking statements. DATASOURCE: R.R. Donnelley & Sons
Company CONTACT: Investor, Dan Leib, Vice President, Investor
Relations, +1-312-326-7710, E-mail, , Media, Mike O'Mary, Sr.
Manager, Corporate Communications, +1-312-326-8481, michael.j.o' ,
both of R.R. Donnelley & Sons Company Web site:
http://www.rrdonnelley.com/
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