ENGLEWOOD, Colo., Aug. 2 -- Cenveo, Inc., announced its results for the quarter and six months ended June 30, 2004. The net loss was $2.1 million for the quarter, and $18.6 million for the six months, or $0.04 per share and $0.39 per share, respectively. Sales for the quarter were $409 million and $833 million for the six months ended June 30 2004. Last year, the net loss for the corresponding quarter was $2.3 million, or $0.05 per share, on $408 million of sales and for the six months ended June 30 2003, net income was $0.4 million, or $0.01 per share, on $835 million of sales. Cenveo's net loss for the six months ended June 30, 2004, included a first quarter charge for early extinguishment of debt of $17.7 million. EBITDA for the second quarter of 2004 was $29.1 million compared to EBITDA of $27.3 million achieved for the same period last year, a 6.4% improvement. For the six months ended June 30, 2004, EBITDA was $60.5 million compared to $58.6 million for the same period last year, a 3.2% improvement. This represents the eighth consecutive quarter of year over year improvement in operating results as measured by EBITDA. An explanation of the Company's use of EBITDA for comparative purposes is provided below. Net cash provided by operating activities in the quarter ended June 30, 2004 was $10 million compared to $33 million provided during the same period last year. This change occurred as we invested in inventories to ramp up service to new customers in the third quarter in the office products sales channel. Paul Reilly, Chairman, President and CEO, stated, "The second quarter is traditionally the softest of the year. Nonetheless we have seen improvements across our businesses. Sales are firming up in all areas, and our Total Customer Solutions initiative is creating numerous new opportunities for sales growth. The number of customers entering into multi-year contracts is increasing. Both our Commercial and Resale Segments are also exhibiting strong gross margin growth. The results of the first half of 2004 are very much in line with the guidance we gave for the full year 2004, and given our expectations for the next two quarters, we affirm that guidance."