RR Donnelley Awarded $250 Million Multi-Year Agreement by Dex Media, Inc.
March 04 2014 - 5:30AM
R. R. Donnelley & Sons Company (Nasdaq:RRD)
announced today that it has been awarded a $250 million multi-year
agreement by Dex Media for directory production that renews and
significantly expands the companies' relationship through 2020.
Under the terms of the agreement, RR Donnelley will produce
approximately 1,700 directory titles each year, totaling more than
87 million copies annually. In addition, approximately 200 titles,
totaling more than 190,000 copies, will be produced on their
digital platform.
Dex Media provides local, social and mobile marketing solutions
to businesses in communities across the U.S. under the Dex One and
SuperMedia brands. The company's widely used consumer services
include the DexKnows.comĀ® and Superpages.comĀ® online and mobile
search portals and applications, and local print directories.
"Dex Media is unique in the publishing industry, combining
leading imprints, with digital solutions designed to connect
consumers with the local businesses they are looking for," stated
Frank Gatto, Executive Vice President of Operations for Dex Media.
"We believe RR Donnelley complements these qualities with its own
forward-looking technologies and will further enhance our readers'
experiences."
RR Donnelley has printed directories for Dex Media and its
predecessor companies for approximately 25 years.
"Our specialized solutions and flexible production platform are
designed to help publishers differentiate themselves and their
advertisers, grow revenue and manage costs in a highly competitive
environment," said Dan Knotts, RR Donnelley's Chief Operating
Officer. "All of us at RR Donnelley are very pleased to be
extending and expanding this long-term relationship."
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
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