R.R. Donnelley & Sons Company (NASDAQ:RRD) today announced
that it has been awarded a $375 million multiyear agreement to provide
college textbook printing, graphic management services, packaging, on
demand printing and other services to Cengage Learning. Cengage Learning
will draw on RR Donnelley’s domestic and international capabilities as
it helps the publisher deliver highly-customized learning solutions for
colleges, universities, instructors, students, libraries and other users
under a portfolio of well known company and imprint brands that include
Brooks/Cole, Course Technology, Delmar, Gale, Heinle, Schirmer,
South-Western and Wadsworth.
"Cengage Learning is focused on obtaining the right balance of sustained
value and sustainable solutions,” said Ron Dunn, the company’s President
and CEO. "We believe that RR Donnelley is positioned to deliver both.
Its leading position, global resources and turnkey approach will help to
streamline processes across the breadth of our supply chain. This,
combined with their solid reputation for sustainability practices makes
this an appealing partnership for us.”
"We are very pleased to have been chosen for this long-term
relationship,” stated Thomas J. Quinlan III, RR Donnelley’s President
and CEO. "Our global platform is designed to provide end-to-end
solutions that help to reduce costs and cycle times. We also believe
that sustainability and operating efficiency are complementary. Using
energy more efficiently, recycling, and reducing waste benefits our
customers and the communities in which we live and work.”
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 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.
