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CDMS Cadmus Communication (MM)

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Cadmus Communication (MM) NASDAQ:CDMS NASDAQ Common Stock
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Cadmus Communications Awarded Multi-Year Journal Production Services Contract for Proceedings of the National Academy of Science

20/12/2006 8:57pm

PR Newswire (US)


Cadmus Communications (NASDAQ:CDMS)
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RICHMOND, Va., Dec. 20 /PRNewswire-FirstCall/ -- Cadmus Communications Corporation (NASDAQ:CDMS) announced today that it has been awarded a multi- year contract extension from Proceedings of the National Academy of Sciences (PNAS) to manage their journal production process including copyediting, journal production management, composition, graphics, XML coding, printing, and reprints. PNAS is one of the world's most-cited and prestigious multidisciplinary scientific journals. "Cadmus is a key player in our progressive approach to publishing. They help us manage vast amounts of online supplemental information in addition to the production of the printed product," remarked Diane Sullenberger, executive editor at PNAS. "Cadmus customized an intricate global workflow solution to meet our unique requirements." John Grinnell, executive vice president of global content services for Cadmus added, "We have built a team and a workflow specifically around PNAS' unique requirements. PNAS is committed to continual innovation, reduced time to publication, and never compromising the quality of their journal, and we have built a global team that embraces these goals and makes them their own. We are extremely proud to have been chosen as PNAS' partner and to have been entrusted with the huge responsibility of managing their journal production process. We're committed to helping them continue to innovate and adapt to changing publishing requirements. Our job is to help our customers attract the best scientific manuscripts in the world, by helping them publish more quickly and to enable new, non-print channels for delivery of content." ABOUT CADMUS Cadmus Communications Corporation provides end-to-end, integrated graphic communications services to professional publishers, not-for-profit societies and corporations. Cadmus is the world's largest provider of content management and production services to scientific, technical and medical journal publishers, the fifth largest periodicals printer in North America, and a leading provider of specialty packaging and promotional printing services. Additional information about Cadmus is available at http://www.cadmus.com/. ABOUT PNAS PNAS is one of the world's most-cited multidisciplinary scientific serials. Since its establishment in 1914, it continues to publish cutting- edge research reports, commentaries, reviews, perspectives, colloquium papers, and actions of the Academy. Coverage in PNAS spans the biological, physical, and social sciences. PNAS is published weekly in print, and daily online in PNAS Early Edition. The PNAS impact factor is 10.231 for 2005. For more information about PNAS, visit http://www.pnas.org/. "Cadmus ... Serving Education, Science, Health" Statements contained in this release relating to Cadmus' future prospects and performance are "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that could cause actual results to differ materially from management's expectations include but are not limited to: (1) the overall economic environment, (2) the equity market performance and interest rate environment, which can impact our pension liability, (3) the impact of price increases for energy and other materials and services affected by higher oil and fuel prices, (4) our ability to grow revenue and market share in the educational and government services markets, (5) significant price pressure in the markets in which we compete, (6) the loss of significant customers or the decrease in demand from customers, (7) our ability to continue to obtain improved efficiencies and lower production costs, (8) the financial condition and ability to pay of certain customers, (9) our ability to implement and realize the expected benefits associated with our equipment replacement and consolidation plan, including our ability to successfully complete certain consolidation initiatives and effect other restructuring actions, (10) our ability to operate effectively in markets outside of North America, (11) our ability to realize the tax benefits associated with certain transactions, and (12) our ability to implement and realize the expected benefits associated with our increased operations in Asia and the business opportunities available to the PeriscopeCadmus(TM) joint venture. Other risk factors are detailed from time to time in our Securities and Exchange Commission filings. The information provided in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements made herein. DATASOURCE: Cadmus Communications Corporation CONTACT: Paul K. Suijk, Senior Vice President & CFO of Cadmus Communications Corporation, +1-804-287-5694 Web site: http://www.cadmus.com/ http://www.pnas.org/ Company News On-Call: http://www.prnewswire.com/comp/115581.html

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