Quebecor World Combines French and Belgium Operations to Create Greater Customer Value
Press release from the issuing company
Montréal, Canada Sep 13, 2007 -- Quebecor World Inc. is pleased to announce the appointment of Yvan Lesniak as President of Quebecor World's operations in France and Belgium. Quebecor World's combined operations in France and Belgium create greater customer value by providing Europe's leading marketers and publishers an integrated, complete solution platform to deliver maximum value to their marketing and advertising needs.
Quebecor World's France and Belgium operations offer customers a unique offset and gravure platform as well as comprehensive before and after print services including premedia, binding and logistics. The combined France/Belgium operations include nine printing and binding facilities utilizing some of the latest offset and gravure technology including two state-of-the--art 4.32 metre gravure presses at the Company's facility in Charleroi, Belgium. These presses are the largest in Europe and provide Quebecor World customers with a top quality product to help them realize their marketing and advertising goals.
Mr. Lesniak has more than 35 years experience in the printing industry in sales and operations and has served as President of Quebecor World's French operations since 2003. As part the integration of the France and Belgium operations Mr. Hugues Wynants is named Director General of the Charleroi facility and Mr. Jean-Pierre Abels, currently the Director General of the Charleroi facility, is promoted to Vice-President of Strategic Development for the new combined roto-gravure platform.
Quebecor World's France and Belgium operations provide printing and value-added Premedia and Logistics & Distribution services to leading European publishers and marketers in the Magazine, Catalog, Retail Insert markets.
Forward looking statements
This press release may include "forward-looking statements" that involve risks and uncertainties. All statements other than statements of historical facts included in this press release, including statements regarding the prospects of the industry and prospects, plans, financial position and business strategy of Quebecor World Inc. (the "Company"), may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities legislation and regulations. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "plan," "foresee," "believe" or "continue" or the negatives of these terms or variations of them or similar terminology. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Forward-looking statements do not take into account the effect that transactions or non-recurring or other special items announced or occurring after the statements are made have on the Company's business. For example, they do not include the effect of dispositions, acquisitions, other business transactions, asset writedowns or other charges announced or occurring after forward-looking statements are made.
Investors and others are cautioned that undue reliance should not be placed on any forward-looking statements. For more information on the risks, uncertainties and assumptions that could cause the Company's actual results to differ from current expectations, please refer to the Company's public filings available at www.sedar.com, www.sec.gov and www.quebecorworld.com. In particular, further details and descriptions of these and other factors are disclosed in the "Risks and Uncertainties related to the Company's business" section of the Company's Management's Discussion and Analysis for the year ended December 31, 2006, and the "Risk Factors" section of the Company's Annual Information Form for the year ended December 31, 2006.
The forward-looking statements in this press release reflect the Company's expectations as of September 13, 2007 and are subject to change after this date. The Company expressly disclaims any obligation or intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by the applicable securities laws.
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