RR Donnelley to Acquire Translation Technology Solutions Provider MultiCorpora
February 27 2014 - 6:30AM
Further Expands and Enhances Language Solutions
Offering
LONDON, Feb. 27, 2014 (GLOBE NEWSWIRE) --
R. R. Donnelley & Sons Company
(Nasdaq:RRD) announced today that it has signed a definitive
agreement to acquire Canadian-based MultiCorpora, an international
provider of translation technology solutions. The acquisition will
expand the capabilities of RR Donnelley's Language Solutions group,
supporting clients' multi-lingual communications.
MultiCorpora develops and enables translation
technology to deliver state-of-the-art solutions for the language
industry featuring their flagship software product MultiTrans
Prism. A number of international governments and organizations,
Fortune 500 companies, and language service providers benefit from
MultiCorpora's translation technology expertise.
"Our translation offering has developed and
broadened considerably in recent years to meet the emerging
language needs of our customers," stated Dan Knotts, RR Donnelley's
Chief Operating Officer. "The integration of MultiCorpora's
technology platform and sales operations into our portfolio will
enhance the offering we bring to our customers, particularly in the
areas of multi-lingual web content solutions and
transcreation."
Christophe Djaouani, Vice President and Managing
Director of RR Donnelley Language Solutions, commented, "As more
and more of our clients work to consolidate their multilingual
assets, our language solutions will play a key role in bringing
them greater efficiency as well as improving the overall quality of
their content."
About RR
Donnelley
RR 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
Statements
This 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.
CONTACT: 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
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: RR Donnelley via Globenewswire
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