RR Donnelley Unifies Printing And Related Services Offerings Under One Brand; Renames Moore, Moore Wallace, OfficeTiger And Netw
June 21 2007 - 7:30AM
PR Newswire (US)
Re-branding Reflects Unique Ability To Provide Integrated
Single-Source Solutions CHICAGO, June 21 /PRNewswire-FirstCall/ --
R.R. Donnelley & Sons Company (NYSE:RRD) today announced that
it has unified its printing and related services offerings under
the single RR Donnelley brand. Moore Wallace, Moore Canada, Moore
Response Marketing, Moore (in Latin America), OfficeTiger and the
company's network of North American commercial printing facilities
have been re-branded as RR Donnelley. The renaming reflects RR
Donnelley's unique ability to provide fully integrated
single-source solutions that span a complete range of printing and
service capabilities. The company also announced that Daniel L.
Knotts has been named Group President RR Donnelley, with
responsibility for global sales, manufacturing, logistics,
financial services and business process outsourcing operations.
"Customers draw on RR Donnelley for an unmatched set of
capabilities that enable them to enjoy the cost savings and
efficiencies associated with end-to- end solutions," said Thomas J.
Quinlan III, RR Donnelley's President and Chief Executive Officer.
"This re-branding reflects our ability to help our customers
achieve strategic advantage by accessing RR Donnelley's global
resources." Chief Operating Officer John Paloian added, "We have
built a unique platform and integrated our offering through
proprietary value-added systems such as our CustomPoint(TM)
Internet-based print management tool. This renaming reflects the
consolidated expertise and capabilities that the RR Donnelley brand
represents worldwide." Mr. Paloian continued, "We continue to
refine the 'one RR Donnelley' strategy that provides us competitive
advantage and delivers exceptional value to our customers. Under
Dan Knotts' experienced leadership we will continue to accelerate
the integration of all of our global operations and recent
acquisitions that have dramatically expanded our flexibility,
reach, scale and capabilities." Mr. Knotts has been the Chief
Operating Officer of RR Donnelley's Global Print Solutions Group
since 2006. Mr. Knotts joined RR Donnelley in 1986 and has served
in a series of senior sales, manufacturing, accounting, financial,
and general management roles at RR Donnelley, including as Group
Executive Vice President of the company's Publishing and Retail
Services operations. The brand names Moore Wallace, an RR Donnelley
company; Moore Canada, an RR Donnelley Moore Wallace Partnership;
Moore; OfficeTiger and commercial printing facility names -- each
with the sub-brand "an RR Donnelley company" have connoted leading
positions in direct mail strategy and execution, business process
outsourcing, labels, complex print-and-mail and data driven
fulfillment services, commercial printing and forms production.
Associated with this re-branding is a non-cash pre-tax charge of
approximately $315 million reflecting the write-down of the Moore
Wallace, Moore Canada and other trade names intangible assets.
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 140 years ago, the
company provides 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, 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. DATASOURCE: R.R. Donnelley & Sons
Company CONTACT: Media, Doug Fitzgerald, Executive Vice President
Marketing & Communications, +1-630-322-6830, , or Investors,
Dan Leib, Senior Vice President - Finance, +1-312-326-7710, , both
of RR Donnelley Web site: http://www.rrdonnelley.com/
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