RR Donnelley Awarded New 5-Year Contract by Desjardins Group
July 22 2010 - 5:30AM
Business Wire
R.R. Donnelley & Sons Company (NASDAQ:RRD) announced
today that it has been awarded a new 5-year contract by Desjardins
Group. Under the terms of the agreement RR Donnelley will provide
print and mail services for Desjardins, including banking and
credit card statements as well as other critical client
communications documents.
Desjardins Group is the largest cooperative financial group in
Canada, with overall assets of over $165 billion. It comprises a
network of financial service cooperatives, and some twenty
subsidiary companies in life and property and casualty insurance,
securities brokerage, venture capital and asset management, many of
which are active across Canada.
"We are very pleased to have been chosen by Desjardins as their
print communications provider,” stated John Paloian, RR Donnelley’s
Chief Operating Officer. "Our end-to-end platform is designed to
provide speed, precision and value in variable communications. RR
Donnelley offers a unique blend of proprietary and commercially
available digital printing resources and combines it with
significant scale in our finishing and mailing capabilities. We are
delighted to have the opportunity to serve Desjardins Group.”
"We are very proud that Desjardins has selected RR Donnelley as
their print communications provider following their rigorous review
of alternatives,” stated Allen Hallis, President of RR Donnelley in
Canada. "Our teams have been collaborating effectively over the
past several months developing our operating framework and
preparing for the implementation of the services. We are looking
forward to continuing to develop strong, mutually beneficial
relationships as we deliver mission-critical communications
services to Desjardins Group.”
About RR Donnelley
RR Donnelley (NASDAQ:RRD) is a global provider of integrated
communications. Founded more than 145 years ago, the company works
collaboratively with more than 60,000 customers worldwide to
develop custom communications solutions that reduce costs, enhance
ROI and ensure compliance. Drawing on a range of proprietary and
commercially available digital and conventional technologies
deployed across four continents, the company employs a suite of
leading Internet based capabilities and other resources to provide
premedia, printing, logistics and business process outsourcing
products and services to leading clients in virtually every private
and public sector.
For more information and for RR Donnelley's Corporate Social
Responsibility Report, visit the company's web site at
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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