RR Donnelley Awarded $100 Million Contact Extension by Verizon Wireless
CHICAGO— December 02, 2009—R.R. Donnelley & Sons Co. (NASDAQ: RRD) announced today that it has reached agreement on a $100 million multi-year extension with Verizon Wireless. Under the terms of the agreement RR Donnelley will use its proprietary variable digital imaging capabilities to produce, finish and mail consumer and commercial statements. This technology will also be used to produce customer communications associated with the billing statements for Verizon Wireless.
“RR Donnelley’s experience and digital printing capabilities are a valuable resource for us,” said Ajay Waghray, Chief Information Officer of Verizon Wireless. “Their ability to use multiple facilities seamlessly during sometimes challenging production windows helps to enable Verizon Wireless to deliver communications on tight deadlines to customers who require printed information.” Verizon Wireless, a joint venture of Verizon Communications and Vodafone, operates the nation’s largest wireless voice and data network, serving 89 million customers.
“We are very pleased to continue and expand our relationship with Verizon Wireless,” said Thomas J. Quinlan III, RR Donnelley’s President and Chief Executive Officer. “As our R&D pipeline continues to develop and deploy patented variable imaging innovations, RR Donnelley will be exceptionally well positioned to help Verizon Wireless incorporate additional innovations into its customer communications.”
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 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.