RR Donnelley
01.03.2011 12:30
---------------------------------------------------------------------------
KBA to License, Integrate RR Donnelley's Digital Imaging Technology Into New
Presses; Enables RR Donnelley to Expand Capabilities in New Markets
CHICAGO, 2011-03-01 12:30 CET (GLOBE NEWSWIRE) --R. R. Donnelley & Sons Company
(Nasdaq:RRD), and KBA AG of Wuerzburg, Germany
announced today an agreement to develop, manufacture and sell next generation
piezoelectric digital inkjet printing solutions to the packaging, securities,
commercial, and newspaper segments. Under the terms of the agreement, RR
Donnelley will license its Apollo and other digital imaging technologies to KBA
which will incorporate them into its press offerings. KBA's new digital presses
will be introduced in May 2012 at the DRUPA International Print Show in
Dusseldorf, Germany. Further details on the cooperation will be published
later.
'RR Donnelley and KBA have long been leaders and innovators in our respective
industries,' said Thomas J. Quinlan III, RR Donnelley's President and Chief
Executive Officer. 'We look forward to having the combined R&D resources of
nearly 1,000 engineers and imaging scientists bring forward the next generation
of digital imaging technologies. This relationship will benefit the customers
we serve today and enable RR Donnelley innovations to be introduced to
customers in segments that we do not yet address.'
'Seeking to expand the industry's broadest product range, KBA has spent the
last 18 months assessing both current and future digital printing technologies
from around the world,' said Helge Hansen, CEO of KBA. 'In our analysis, it was
clear that RR Donnelley was uniquely positioned to partner with us from a
digital print technology, experience, and scale perspective. It's more than a
sales and service agreement for existing technology. We look forward to jointly
reinvigorating this industry with new digital imaging platforms.'
About RR Donnelley
RR Donnelley (Nasdaq:RRD) is a global provider of integrated communications.
Founded more than 146 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 www.rrdonnelley.com
About KBA
Established 194 years ago in Wuerzburg, Germany, Koenig & Bauer AG (KBA), the
parent of the KBA group, is the oldest and second largest press manufacturer
worldwide. KBA's banner, 'People & Print', reflects its dual focus as a driver
of innovation for print entrepreneurs. The group's product range is the
broadest in the industry, imparting a unique level of expertise and exceptional
competence in mastering technological challenges. The product portfolio
includes commercial and newspaper web presses, sheetfed offset presses in all
format classes, special presses for books, inserts, banknotes, securities,
metal-decorating, smart cards; CDs and DVDs plus inkjet and other coding
systems. For more information visit the company's web site at www.kba.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.
CONTACT: Media Contact:
Doug Fitzgerald, Executive Vice President Communications
Tel: 630-322-6830 E-mail: doug.fitzgerald@rrd.com
Investor Contact:
Dave Gardella, Vice President Investor Relations
312-326-8155 E-mail: david.a.gardella@rrd.com
News Source: NASDAQ OMX
01.03.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: RR Donnelley
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US2578671016
WKN:
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
DGAP-News: RR Donnelley and KBA Announce Agreement to Develop and Deliver Next Generation Digital Print Platforms
| Source: EQS Group AG