Donnelley (R.R.) & Sons Co. (NYSE:RRD.WI)
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RR Donnelley Forms Strategic Alliance With IntraLinks to Offer
Virtual Data Rooms to Thousands of Clients Worldwide
NEW YORK and CHICAGO, Oct. 13 /PRNewswire-FirstCall/ -- R.R. Donnelley & Sons
Company (NYSE:RRD) is forming a strategic alliance with IntraLinks, the leading
provider of virtual data rooms to the mergers and acquisitions (M&A) industry,
to help RR Donnelley clients take M&A due diligence online. The alliance
between RR Donnelley and IntraLinks represents an important evolution of an
existing relationship through which RR Donnelley's financial printing division
offers the IntraLinks Virtual Data Room to its global client base of more than
3,000 law firms, corporations, banks, private equity firms and other
businesses. IntraLinks provides online services for the secure exchange of
confidential information throughout the financial services industry.
The agreement formalizes RR Donnelley's position as the first financial printer
to offer the IntraLinks virtual data room solution to its clients. The service
complements RR Donnelley's comprehensive suite of services, which includes
content creation and management, EDGAR and worldwide regulatory filing,
translation, print production, and distribution of regulatory and compliance
documents.
"The future of M&A due diligence is online," said Terry Trayvick, president of
Financial Print Solutions at RR Donnelley. "Responding to client needs with
unparalleled solutions has enabled us to be named the number one printer four
years in a row by FORTUNE magazine. Our partnership with IntraLinks allows us
to provide to our clients the best virtual data room on the market and to meet
the full scope of our clients' transaction management needs."
"By partnering with RR Donnelley, we can bring the benefits of virtual data
rooms to the global M&A community faster," said Patrick Wack, president and CEO
of IntraLinks. "We are excited to continue this key strategic partnership.
Like IntraLinks, RR Donnelley recognizes the importance of trust and service in
its client relationships, and we look forward to working with them to expand
our presence in the market."
Sellers in M&A transactions traditionally set up physical rooms filled with
confidential documents for due diligence. Buyers travel to these rooms to
review the information for days or weeks at a time. Using virtual data rooms,
deal-related documents are uploaded to a secure website where bidders can
access them anytime, anywhere through a Web browser.
Virtual data rooms cut an average of 30 days off M&A due diligence time by
allowing an unlimited number of bidder teams to access deal information
simultaneously. In most cases with physical data rooms, only one bidder team
can enter the room at a time.
During the course of a transaction, RR Donnelley plays a critical role by
ensuring documents reach regulators and investors in an efficient and timely
manner.
For more information about RR Donnelley's financial print solutions, please
visit their websites at http://capitalmarkets.rrdonnelley.com/ and
http://fundcommunications.rrdonnelley.com/ .
About RR Donnelley
RR Donnelley (NYSE:RRD) is the world's premier full-service global print
provider and the largest printing company in North America, serving customers
in the publishing, healthcare, advertising, retail, technology, financial
services, and many other industries. Founded 140 years ago, the company
provides solutions in commercial printing, forms and labels, direct mail,
financial printing, print fulfillment, business communication outsourcing,
logistics, online services, digital photography, and content and database
management. The largest companies in the world and others rely on RR
Donnelley's scale, scope and insight through a comprehensive range of online
tools, variable printing services, and market-specific solutions. For more
information, visit the company's web site at http://www.rrdonnelley.com/ .
About IntraLinks
IntraLinks ( http://www.intralinks.com/ ), the leading provider of digital
workspaces, connects business communities and accelerates the intelligent flow
of information and documents among participants. Through IntraLinks' secure,
neutral, online environments, companies are better able to compete globally by
accelerating essential business processes, simplifying communication and
fostering rapid workflow. IntraLinks is easily accessible anywhere, anytime
using a web browser.
Since April 1997, more than 150,000 participants representing over 13,000
companies worldwide have used IntraLinks digital workspaces to communicate and
collaborate on more than 20,000 projects and transactions. IntraLinks has been
rapidly adopted by the financial services and pharmaceutical markets. Over 250
global companies are IntraLinks clients, including AstraZeneca Pharmaceuticals
LP, Bank of America, Bank One, Bear Stearns, Deutsche Bank, Dresdner Kleinwort
Wasserstein, Ernst & Young, FDIC, JPMorgan Chase, TD Securities, Thomas Weisel
Partners and WestLB. Founded in June 1996, IntraLinks is headquartered in New
York with offices in Boston and London.
Use of Forward-Looking Statements
Except for historical information, 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 press 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 described in RR
Donnelley's and Moore Wallace's filings with the U.S. Securities and Exchange
Commission (SEC) and Canadian securities regulatory authorities, as applicable,
including the section entitled "Management's Discussion and Analysis of
Financial Condition and Results of Operations" contained therein. RR Donnelley
disclaims any obligation to update or revise any forward-looking statements.
DATASOURCE: R.R. Donnelley & Sons Company
CONTACT: Investor contact for RR Donnelley, Dan Leib, Investor
Relations, +1-312-326-7710, E-mail, , or Media contacts for
RR Donnelley, Mark Kopelman, RR Donnelley Financial Print Solutions,
+1-212-341-7665, E-mail, , or Mike O'Mary, Corporate
Communications, +1-312-326-8481, E-mail, michael.j.o' , all of RR
Donnelley; or Media contact for IntraLinks, David Rosen, Walek & Associates,
+1-212-889-4113, E-mail,
Web site: http://www.rrdonnelley.com/
http://capitalmarkets.rrdonnelley.com/
http://fundcommunications.rrdonnelley.com/
http://www.intralinks.com/