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RR Donnelley Awarded $100 Million, Multi-Year Contract With IAC/InterActiveCorp

Press release from the issuing company

CHICAGO--May 6, 2004-- R.R. Donnelley & Sons Company has been awarded a new contract with IAC/InterActiveCorp, the world's leading multi-brand interactive commerce company. Under the agreement, RR Donnelley will provide the companies of IAC comprehensive and fully integrated solutions to meet print and print-related needs totaling more than $100 million. "We are very excited about this opportunity with IAC," said Mark A. Angelson, Chief Executive Officer of RR Donnelley. "IAC is a dynamic and innovative organization that encompasses a host of nationally known consumer brands that can benefit from the full range of RR Donnelley's services. Our corporate sales organization, headed by President Bob Nelson and Executive Vice President Steve Zuccarini, is focused on strategic, enterprise-wide relationships with accounts like IAC, and we are delighted to have this opportunity to align with an industry leader." RR Donnelley will provide some of the IAC companies with long- and short-run print solutions and related services, including but not limited to, magazines, catalogs, entertainment books, marketing collateral, forms, labels, kitting and fulfillment, and distribution services. The companies will use RR Donnelley's powerful @winXS(TM) on-line print management tool to let individual users access and order preprinted, digitally produced, and customized documents in a controlled environment. Said Mike Inman, Vice President of Strategic Sourcing and Procurement for Entertainment Publications Inc., "IAC companies, such as Entertainment Publications Inc., Home Shopping Network, Hotels.com and Interval International, have turned to RR Donnelley because they were able to provide us with a comprehensive suite of print solutions that facilitate transactions and communications projects." Angelson added that the recent combination with Moore Wallace has significantly expanded RR Donnelley's capabilities. "We are now able to provide our customers with the most extensive selection of products and services in the print industry," said Angelson. "We believe that our clients recognize that no other printer can match our platform, scale, or depth and breadth of offerings. Some could provide a few of the products and services that IAC and other similar organizations use, but RR Donnelley is the only company that can meet all of their needs."