RR Donnelley Awarded New Five-Year Contract by Desjardins Group
CHICAGO/TORONTO—Jul 22, 2010—R.R. Donnelley & Sons Co. (NASDAQ:RRD) announced today that it has been awarded a new five-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 more than $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.