RR Donnelley Announces New Question and Answer Module for VenueSM Virtual Data Room
December 08 2008 - 5:30AM
Business Wire
R.R. Donnelley & Sons Company (NYSE: RRD) today announced a
major enhancement to Venue, its virtual data room solution.
Launched in January 2008 as part of RR Donnelley�s comprehensive
Financial Services offering, Venue has been used by thousands of
legal and financial services professionals for the secure storage
of millions of pages of documents. This new Question & Answer
module enhances Venue by providing an end-to-end solution to
facilitate structured communication between the parties in a deal.
Venue Q&A combines industry best practices with a number of
first-to-market innovations. The module provides a complete
workflow solution, giving the designated Project Administrator
total control over the entire process. Depending on their role in
Venue, users will see only the Q&A features to which they have
been given access. The ability to establish multiple control points
in the workflow ensures questions are routed to the appropriate
expert and the ability to tie a question to a document stored in
Venue reduces duplicate questions from different buyer groups. The
module was designed with a focus on flexibility � it can be
configured to meet the unique needs of any deal. �Venue clients
have told us that an ideal Question and Answer tool would greatly
streamline the question submission process, reduce redundancy and
improve transparency for the Project Administrator,� said Tom
Juhase, President, RR Donnelley Financial Services. �We built our
Q&A feature with users� goals in mind. This solution gives
project members the answers they need, when they need them." Craig
Clay, Executive Vice President of Sales and Service, added,
�Managing Q&A effectively can have a dramatic impact on the
length of the deal cycle. Whether it is used to facilitate the due
diligence process for a deal or manage the internal communications
in a corporate repository, the Q&A feature is fast, efficient
and easy to use. Fully integrated into Venue�s intuitive user
interface, it represents a significant innovation in the virtual
data room space.� More information is available at rrdvenue.com.
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 144 years ago, the
company provides products and 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, 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.
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