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Cenveo Provides Fourth Quarter Update

Press release from the issuing company

STAMFORD, Conn. -- Cenveo, Inc. today provided the following financial guidance for its fourth quarter ended January 2, 2010.

We affirm that our Adjusted EBITDA for the fourth quarter of 2009 is expected to be greater than our $56.3 million Adjusted EBITDA for the third quarter of 2009.

Based on our preliminary results, we estimate that for the fourth quarter of 2009 we will have net sales of between approximately $445.0 million and $460.0 million. We further estimate that, as of January 2, 2010, our total outstanding long-term debt, including current maturities, was approximately $1.23 billion.

Robert G. Burton, Chairman and Chief Executive Officer stated:

"We are very pleased with the company's performance during the fourth quarter, and our ability to deliver on our financial commitments, despite the challenges in the macro environment. As you know, I committed on our last investor call that our fourth quarter Adjusted EBITDA would be greater than our third quarter Adjusted EBITDA of $56.3 million.  I am also encouraged by the momentum that we saw in our businesses as we ended the year with strong performance in the month of December. These trends have continued as we begin 2010, and I continue to remain optimistic that we are on track to achieve our previously communicated goal of $250 million in Adjusted EBITDA for 2010."

Mr. Burton continued:

"The proposed notes offering announced today is a major step toward achieving one of the goals we communicated to our investors, namely extending our debt maturities and maintaining our strong liquidity position. Consistent with our philosophy of accessing the capital markets on an opportunistic basis, we believe that raising long term capital at current interest rates should help create attractive returns for shareholders in the long run."

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