Donnelley (R.R.) & Sons Co. (NYSE:RRD.WI)
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RR Donnelley Furnishes Financials to SEC in XBRL Pilot Program
Filing Comes Moments After Start of New SEC Program, Demonstrates RR
Donnelley's Continued Leadership in the XBRL Initiative
CHICAGO and NEW YORK, April 4 /PRNewswire-FirstCall/ -- R. R. Donnelley & Sons
Company (NYSE:RRD), an industry leader in financial print and compliance
solutions, today voluntarily furnished eXtensible Business Reporting Language
(XBRL) data to the Securities and Exchange Commission (SEC) electronically in
an 8-K exhibit, as a supplement to its 2004 Annual Report on Form 10-K.
Coinciding with start today of the SEC's new XBRL Voluntary Financial Reporting
Program, and as part of RR Donnelley's continued leadership to help clients
embrace the XBRL Global Reporting Standard, the financials were converted to
industry-standard XBRL 2.1 format using Rivet Software's Dragon Tag(TM) XBRL
enabler, assembled on RR Donnelley's ProFile proprietary composition system,
and then filed with the SEC.
"RR Donnelley has supported XBRL from the beginning," said Tom Juhase,
President, Global Capital Markets, RR Donnelley. "Our support includes a
corporate commitment to help lower the adoption hurdles for our clients and
stay ahead of our competition when it comes to SEC filings for customers. This
active leadership in the XBRL initiative includes working closely with a key
client, Microsoft, since 2002. Our global resources remain focused with the
technology and expertise our clients will need as the XBRL global standard
continues to gain momentum."
"Dragon Tag is transforming the way organizations are able to adopt XBRL," said
Rob Blake, Vice President, Product Marketing at Rivet Software. "By using
Dragon Tag, RR Donnelley is on the leading edge of complying with this emerging
standard and helping its clients avoid the complexities of XBRL reporting."
XBRL is an XML-based information format for the electronic communication of
financial and business information. It will tag each cell of each line of a
financial statement and put it into a standard context. Because the data is
standardized, it can be used to make "apples-to-apples" financial comparisons.
According to XBRL International, a non-profit consortium of 300 companies and
agencies that works to build XBRL specifications and promote their adoption,
information encoded in XBRL is "intelligent data that can be reused for a
myriad of purposes. Adoption of XBRL permits financial analysts, accountants,
government agencies, internal users and other interested parties to access,
compare and analyze data in ways that until now have not been practical or even
possible."
Pursuant to the SEC's current rule, XBRL documents submitted in the voluntary
program are supplemental submissions and do not replace the required HTML or
ASCII version of the financial information they contain. Volunteers must
continue to file their official EDGAR filings. "We have closely monitored the
development of SEC rules and procedures, and we look forward to helping our
clients navigate the evolving regulatory environment," said Ruth Kaufman, EDGAR
Manager, Global Capital Markets, RR Donnelley. More information is available on
the RR Donnelley websites, http://capitalmarkets.rrdonnelley.com/ and industry
leading client resource, http://www.realcorporatelawyer.com/ .
RR Donnelley, a GOLD Sponsor, and Rivet Software will be participating at the
11th XBRL International Conference, April 26-29 in Boston, Mass. Interested
parties are invited to attend and learn more about XBRL from RR Donnelley and
Rivet Software representatives. For more information on the conference, and to
register, please go to http://www.xbrl.org/ .
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 publishing, healthcare, advertising, retail, telecommunications, technology,
financial services, and many other industries. Founded more than 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, color services,
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/ .
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: Investors, Dan Leib, Vice President, Investor Relations,
+1-312-326-7710, , or Media, Judy Poole, Director -
Marketing, Global Capital Markets, +1-212-341-8479, , or
Doug Fitzgerald, Sr. Vice President, Marketing and Communications,
+1-312-326-7740, , all of RR Donnelley; or Rob Blake,
Vice President, Product Marketing, of Rivet Software, +1-720-249-2100,
Web site: http://www.rrdonnelley.com/
http://capitalmarkets.rrdonnelley.com/
http://www.realcorporatelawyer.com/
http://www.xbrl.org/