Courier Records Net Income Gain Compared to Net Loss in Q2 2011

“For the full fiscal year we expect capital expenditures of between $8 million and $10 million, versus $16 million in fiscal 2011. We will also benefit from the consolidation of one-color printing capacity and other cost-reduction measures taken over the last year in both of our business segments. In addition, we expect to benefit from normal seasonal peaks in the education market, which traditionally drive stronger financial performance in the second half of our fiscal year.”