CHICAGO, Dec. 9 /PRNewswire-FirstCall/ -- R.R. Donnelley & Sons Company applauds the United States Congress for its passage of the Landmark Postal Reform Accountability and Enhancement Act. This is the first important piece of legislation significantly to reform the laws governing the nation's postal service in more than 30 years.
"We are delighted that our efforts over many years, in cooperation with many of our leading customers and others, contributed to the passage of this legislation that is so vital to the continuing growth of the mailing industry," said RR Donnelley CEO Mark A. Angelson. "We are particularly grateful for the steadfast leadership of Senators Susan Collins, Thomas Carper, Richard Durbin and Joseph Lieberman, and to House Members Chairman Tom Davis, Danny K. Davis, Henry Waxman and John McHugh. We congratulate the House and Senate on this great step forward for the USPS and for the mailing industry that supports it."
The Postal Reform And Accountability Act provides a mechanism for controlling pricing that will replace a lengthy rate-setting process with more predictable, manageable price adjustments, held at or below the rate of inflation with a cap tied to the consumer price index.
"RR Donnelley's unmatched Logistics capabilities create opportunities for our customers to minimize their postal costs, as we efficiently deliver mail deep into the postal stream," continued Angelson. "In concert with this model public- and private-sector cooperation, successful Postal Reform positions print to continue its growth as the leading medium for publishers, catalogers and direct response mailers."
About RR Donnelley
RR Donnelley is the world's premier full-service provider of print and related services, including business process outsourcing. Founded more than 140 years ago, the company provides solutions in commercial printing, direct mail, financial printing, print fulfillment, labels, forms, logistics, call centers, transactional print-and-mail, print management, online services, digital photography, color services, and content and database management to customers in the publishing, healthcare, advertising, retail, technology, financial services and many other industries. 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
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 news 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 contained in RR Donnelley's filings with the SEC. RR Donnelley disclaims any obligation to update or revise any forward-looking statements.
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