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 Montreal,
February 15, 2008 – Transcontinental Inc. today announced
it has signed an exclusive six-year contract for the printing
of Rogers’ complete magazine portfolio. Rogers is Canada’s
largest magazine publisher with over 70 consumer, business
and professional magazines in Canada, including Chatelaine,
Maclean’s, L’actualité,
and Canadian Business. The six-year contract, valued
at approximately $210 million, represents all new business
for Transcontinental.
The contract takes effect on February 1, 2009, at which
time Transcontinental will become the most important catalogue
and magazine printer in Canada. The magazines will be printed
on the Transcontinental network across Canada, including the
Transcontinental RBW Graphics facility in Owen Sound, Ontario.
“This contract to print Rogers’ magazine portfolio
underlines the positive results of our commitment to being
leaders in technology and to continuous improvement across
our Canadian network of printing facilities,” said Luc
Desjardins, President and Chief Executive Officer of Transcontinental.
“This contract is also the result of teamwork led by
Guy Manuel, President, Marketing Products and Services Sector,
and Brian Reid, Senior Vice President, Catalogue and Magazine
Group, Transcontinental Printing.”
For his part, François Olivier, Chief Operating Officer,
said, “This is a major milestone for Transcontinental,
having won this important contract thanks to our strong national
platform and reputation for producing top quality products
on a consistent basis. Our solid financial position also gives
Transcontinental the flexibility to invest in additional equipment
in order to better serve our clients, or to serve new clients,
like Rogers.”
About Transcontinental
The largest printer in Canada and sixth-largest
in North America, Transcontinental is also the country’s
leading publisher of consumer magazines and French-language
educational resources, and its second-largest community newspaper
publisher. Transcontinental distinguishes itself by creating
strategic partnerships that integrate the company into its
customers’ value chain, notably through its unique newspaper
printing outsourcing model and its value-added services. From
mass to highly personalized marketing, the company offers
its clients integrated solutions which include a continent-leading
direct marketing offering, a diverse digital platform and
a door-to-door advertising material distribution network.
Transcontinental is a company whose values, including respect,
innovation and integrity, are central to its operation.
Transcontinental (TSX: TCL.A, TCL.B) has approximately 15,000
employees in Canada, the United States and Mexico, and reported
revenues of C$2.3 billion in 2007.
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For information:
Media
Nessa Prendergast
Director, Media Relations
Transcontinental Inc.
Telephone: (514) 954 2809
nessa.prendergast@transcontinental.ca
Financial Community
Jennifer F. McCaughey
Director, Investor Relations
Transcontinental Inc.
Telephone: (514) 954 2821
jennifer.mccaughey@transcontinental.ca |
