Bowne Reports Increases in Revenue, Profit in Fourth Quarter

The Company generated transactional revenue of $65.7 million in the fourth quarter of 2009, a 59% increase over last year. This improvement is related to the general improvement in capital markets activity, led by the U.S. and Asian markets. Transactional revenue during 2009 has reflected an improving trend throughout the year on a sequential quarter-over-quarter basis. This trend increased significantly in the last six months of the year, as transactional revenue more than doubled to $106.8 million in the second half of 2009 compared to $52.2 million in the first half. For the full year 2009, transactional revenue was $159.0 million, which is $30.7 million, or 16%, lower than the full year of 2008.