Worldcolor Renews Agreement to Print Retail Flyers for Staples Canada
MONTREAL, CANADA--(Marketwire - June 1, 2010) - Worldcolor (TSX:WC)(TSX:WC.U) today announced it has signed a 3-year renewal agreement with STAPLES Canada to continue producing retail flyers that support store traffic and sales at more than 300 locations across Canada.
Sandy Salmon, Director of Advertising for STAPLES Canada, praised Worldcolor's partnership approach: 'With Worldcolor, it's not just about putting ink on paper. It's about the value-added services they bring to the table-as a true partner to the STAPLES marketing department. These services allow us, as a retailer, to remain competitive. We're happy to keep this partnership going."
Philippe Cloutier, President, Worldcolor Canada, commented: "STAPLES Canada is at the forefront of office business supplies and equipment with a strong reputation for continuous innovation and remarkable commitment to their customers and employees. This agreement aligns us with an industry leader and will help us continue our tradition of print leadership in North America. "
Forward-looking statements
To the extent any statements made in this press release contain information that is not historical, these statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are forward-looking information within the meaning of the "safe harbor" provisions of applicable Canadian securities legislation (collectively "forward-looking statements"). These forward-looking statements relate to, among other things, prospects of the Company's (the "Company") industry and its objectives, goals, strategies, beliefs, intentions, plans, estimates, projections and outlook, and can generally be identified by the use of words such as "may," "will," "expect," "intend," "estimate," "anticipate," "plan," "foresee," "believe" or "continue" or the negatives of these terms, variations on them and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. The Company has based these forward-looking statements on its current expectations about future events. Forward-looking statements do not take into account the effect of transactions or other items announced or occurring after the statements are made. For example, they do not include the effect of dispositions, acquisitions, other business transactions, asset write-downs or other charges announced or occurring after the forward-looking statements are made.
Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct, and forward-looking statements inherently involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such forward-looking statements.
Important factors and assumptions as well as the Company's ability to anticipate and manage the risks associated therewith that could cause actual results to differ materially from these expectations are detailed from time to time in the Company's filings with the U. S. Securities and Exchange Commission ("SEC") and the securities regulatory authorities in Canada, available at [ www.sec.gov ] and [ www.sedar.com ] (copies of which are available on [ www.worldcolor.com ]). The Company cautions that any such list of important factors that could affect future results is not exhaustive. Investors and others should carefully consider the factors detailed from time to time in the Company's filings with the SEC and the securities regulatory authorities in Canada and other uncertainties and potential events when relying on its forward-looking statements to make decisions with respect to the Company.
Unless mentioned otherwise, the forward-looking statements in this press release reflect the Company's expectations as of June 1, 2010, being the date at which they have been approved, and are subject to change after this date. The Company expressly disclaims any obligation or intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable securities laws.
About Staples Canada
Staples Canada, with locations in every Canadian province, is Canada's largest everyday-low-price supplier of office supplies, business machines, office furniture and business services to small business and home office customers. The company's more than 13,500 employees are committed to making it easy to buy office products at more than 300 stores, as well as by catalogue or online. Visit [ www.staples.ca ] for more information.
About Worldcolor
Worldcolor is an industry leader in providing high-value and comprehensive print, digital and related services to retailers, catalogers, publishers, branded-goods companies and other businesses worldwide. Founded in 1903, Worldcolor's products include advertising inserts and circulars, catalogs, direct mail products, magazines, books, directories, digital premedia, logistics and mail list technologies. During its century-long existence, Worldcolor has had a rich tradition of leadership and excellence. Its team of approximately 16,500 employees is focused on helping clients meet their needs from facilities located in the U.S., Canada, Argentina, Brazil, Chile, Colombia, Mexico and Peru. More information about Worldcolor can be found on its Web site at [ www.worldcolor.com ]