James F. Conway III

HP today announced developments for its HP Inkjet Web Press platform to help print service providers (PSPs) become more profitable and accelerate their transition from analog to digital printing. On show at an open house event at Los Angeles-based O’Neil Data Systems — site of the first HP Inkjet Web Press beta installation — the press demonstrates how customers can benefit from market-leading total cost of ownership, excellent productivity and a high level of quality.

NORTH CHELMSFORD, MA—Book manufacturer and publisher Courier Corp. announced it has signed a definitive agreement to acquire Research & Education Association (REA), a privately held publisher of test preparation and study guide books and software for high school, college, graduate students and professionals. The assets of Piscataway, NJ-based REA are being acquired for an undisclosed cash amount. It publishes in excess of 800 titles spanning a broad range of academic content, most of which it owns outright. "REA has been a pioneer in the development of accessible, yet academically sound, study guides for students at all levels," notes James F. Conway III, chairman, president and CEO

By Erik CagleSenior Editor Although the company itself is 179 years old, Courier Corp. has the vitality of a teenager. The North Chelmsford, MA-based book printer found the fountain of youth courtesy of a comprehensive strategic planning process that began in 1990 and provided Courier with a sleek, sexy and, most of all, fiscally lucrative overhaul. The publicly held printer shed a number of markets, and the company that once published newspapers and dabbled in commercial work narrowed its focus to three book manufacturing segments—education, religious and specialty trade. The results have been outstanding. Through the first nine months of 2003, Courier has enjoyed

NORTH CHELMSFORD, MA—Courier Corp. plans to sell off the assets of its wholly-owned subsidiary, Courier Custom Publishing, to ProQuest Information & Learning Co. of Ann Arbor, MI. Courier Custom Publishing provides customized teaching materials including multi-publisher coursepacks, as well as out-of-print book reproductions and books authorized by professors for classroom use. The proceeds of the sale were $1.5 million. "The sale will allow us to focus more of our time and energy on Dover Publications," says James F. Conway III, Courier chairman and CEO. Dover Publications, founded in the 1940s and one of the most prestigious small publishers in America, was acquired by Courier in September

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