Transcontinental Inc.

Printing Impressions 400 -- 1-50
December 1, 2003

(Editor's Note: Company rankings for the current and previous years are based on figures reported in 2003. Therefore, companies that revised their 2002 revenues may have changed their 2002 ranking as compared with the ranking that appeared in last year's Printing Impressions 400. Similarly, the percentage change in sales is calculated on the most recent information provided.) 1 ('02: 1) Quebecor World, Montréal, Canada Total Sales (Millions): $6,242.00 Previous Year's Sales (Millions): $6,300.00 Change (%): -1 Principal Officer: Jean Neveu Employees: 38,000 Primary Specialties: PUB 26%; ADV 23%; CAT 16%; BKS 12% Web Offset Press Units: 3,156 Sheetfed Press Units: 985 Other Press

Executive Compensation -- Printing's Power Players
December 1, 2003

Unlike some professional sports, the printing industry seemingly has no salary cap when it comes to paying its top executives. Printing Impressions' 14th annual executive compensation report shows this, while highlighting the industry's top money earners at publicly held printing companies. William Davis (who plans to retire), chairman, president and CEO of Chicago-based RR Donnelley, tops this year's list, taking home more than $1.4 million, which is actually down from his salary last year. The rankings indicate previous fiscal year salaries, most recent fiscal year wages and the percentage change in compensation from the two fiscal years that are shown. While some executives, like

Book Market -- Mixed Bag May Continue
December 1, 2003

By Erik Cagle Senior Editor Try summing up the 2003 season from the book printing market's point of view. It can't be done. Sure, another Potter tome and the return of Oprah's book club did wonders for a struggling trade market, and most feel the elementary-high school (el-hi) sector was as depressed as the economy, with weak adoption programs to match. But, for the most part, the answers to what worked and what didn't pan out depends largely upon who is being asked. Top 10 Book Printers CompanySegmentSales(millions)TotalSales(millions) 1RR DonnelleyChicago$808$4,754 2Quebecor WorldMontreal$749$6,242 3Banta Corp.Menasha, WI$355$1,366 4Von HoffmannSt. Louis$348$535 5Bertelsmann ArvatoNew York$209$276 6Courier Corp.N.

Predictions of Industry Mergers --DeWese
May 1, 2003

This will be a two-part column. Part one will be my blockbuster predictions for the future of the printing industry. Part two will be invaluable education for print salespeople and company owners. I am truly blessed with healthy modesty. Occasionally, however (never more than once a day), I go on to the Internet to the Google search engine and type in "harris dewese." Up jumps about four pages of references to me—vitally important stuff that I've written, enormously significant stuff I've said, and places where I'm scheduled to appear where I will say even more valuable stuff. Sometimes, my wife of 41 years,

PRINTER news
January 1, 2003

Howard Fenton has joined the staff of the National Association for Printing Leadership (NAPL), Paramus, NJ, as a senior consultant of digital technologies. Previously, Fenton served for six years as the senior consultant of digital technology for the Graphic Arts Technical Foundation. The Print and Graphics Scholarship Foundation (PGSF) has granted $275,000 in scholarships to a total of 202 students pursuing careers in the graphic communications industry. PGSF awarded 99 of the scholarships to women and 103 to men. Also, Brown Printing, Waseca, MN, recently pledged $50,000 to establish the Wayne "Bumps" Brown Honorary Scholarship. After the fund matures, the scholarship will be awarded

2002 Printing Impressions 400 -- 1-50
December 1, 2002

(Editor's Note: Company rankings for the current and previous years are based on figures reported in 2002. Therefore, companies that revised their 2001 revenues may have changed their 2001 ranking as compared with the ranking that appeared in last year's Printing Impressions 400. Similarly, the percentage change in sales is calculated on the most recent information provided.) 1 ('01: 1) Quebecor World, Montréal, Canada Total Sales (millions): $6,300.00 Previous Year's (millions): $6,500.00 Change (%): -3 Principal Officer: Charles G. Cavell Employees: 40,000 Primary Specialties: PUB 26%; ADV 21%; CAT 17%; DM 13% Web Offset Units: 3,156 Sheetfed Offset Units: 985 Other: 808 Ownership: Public

EXECUTIVE COMPENSATION -- The Industry's High Rollers
December 1, 2002

These are the executives that have rolled the dice and hit for the big money in commercial printing. Printing Impressions' 13th annual executive compensation report highlights the industry's top money earners at publicly held printing companies. Robert G. Burton, president and CEO of Bannockburn, IL-based Moore Corp., appears at the top of this year's ranking with total compensation of $3,300,000. This is the second straight year a Moore executive tops our list. The rankings indicate previous fiscal year salaries, most recent fiscal year wages and the percentage change in compensation from the two fiscal years that are shown. While some executives, like Dennis Rediker,

Transcontinental Consolidates Three PA-based Operations
August 1, 2002

MONTREAL—Direct marketing specialist Transcontinental is consolidating its three Philadelphia-area operations under one roof in Warminster, PA, and is adding new equipment. The 220,000-square-foot facility, which at one time was the training ground for the Apollo astronauts, will now encompass Spectra Graphics of Willow Grove, PA; Solutions of Newtown, PA; and Spectra Mail of Levittown, PA. The plant is expected to be operational by the end of August and full relocation is scheduled to be completed by the end of 2002. It is also expected to generate new jobs in the Philadelphia market. "Combining our capabilities under one roof improves communication and workflow, and reduces cycle time

UPFRONT
May 1, 2002

Maynard Wins Slogan Contest ALEXANDRIA, VA—Michael Maynard, a head pressman for Glen Burnie, MD-based French Bray, was selected the winner of the Web Offset Association (WOA) Pride in Printing slogan contest, which was co-sponsored by Printing Impressions. His entry, "WOA: Making a Great Impression for 50 Years," was selected from more than 300 entries. He received, among other things, airfare and hotel accommodations for two people, as well as complimentary registration, at the WOA conference in Las Vegas from May 5-8. Lake Erie Acquires CTP System CLEVELAND—Lake Erie Graphics has installed an Agfa Galileo VS digital plate manufacturing system. The Galileo VS system, along with the addition

UPFRONT
April 1, 2002

Akiyama Back in Business TOKYO—Shanghai Electric Group (SEC) and Morningside Group (MS) jointly announced the companies have purchased the business rights of Akiyama Printing Machinery Manufacturing through each subsidiary companies in both groups.The new company will be called Akiyama International (AIC) and will succeed all business of Akiyama Printing Machinery. SEC manufactures heavy equipment while MS is a global investment company. The acquisition includes properties, buildings, facilities and patents. AIC commenced operation on January 28 after hiring back a large portion of the employees from the former company. AIC will promote and market the J Print perfector presses and the Bestech model presses. Presses Highlight