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Deluxe Recognized as Leading Corporate Citizen By Business Ethics Magazine

Wednesday, April 02, 2003

Press release from the issuing company

ST. PAUL, Minn., April 1 -- Deluxe Corporation today announced it has been recognized by Business Ethics magazine as a top U.S. corporate citizen. The magazine lists Deluxe as the 20th best corporate citizen in America in its annual rankings released in March. The Business Ethics ranking is based on service to seven stakeholder groups including the community, environment, minorities, women and clients or customers. Deluxe appears on the list along with some of the best known names in corporate America, along with many emerging players in the corporate community. "This recognition supports our company's shared values," said Lawrence J. Mosner, chairman and chief executive officer of Deluxe Corporation. "Our shared values are based on long-held corporate practices and represent how the Company chooses to conduct business." Deluxe's shared values are: openness, trust and integrity; innovation; partnering for the common goal; recognition and celebration; respect and dignity for all; and quality. "The stakeholder groups Business Ethics magazine uses in its rankings are the same ones we focus on," added Mosner. Of the measurements used in the Business Ethics rankings, Deluxe scored among the highest nationally in areas involving employees. "We pride ourselves in maintaining a balance between delivering unparalleled value to our clients and customers, meeting the expectations of our stakeholders and creating an engaging environment for our employees." Further validation of Deluxe's corporate practices In addition to the Business Ethics ranking, Deluxe also recently received high marks for its corporate governance practices from Institutional Shareholder Services (ISS). ISS recently ranked Deluxe among the top ten firms for corporate governance, based on analysis across eight categories relating to corporate practices. ISS is the world's leading provider of corporate proxy voting and governance services, analyzing proxies and issuing vote recommendations for more than 10,000 U.S. and 12,000 non-U.S. shareholder meetings annually.




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