Vertis Holdings Submits Voluntary, Pre-Packaged Chapter 11 Filing

BALTIMORE—Nov. 18, 2010—Vertis Holdings, Inc. announced that it has elected to complete its previously announced refinancing plan through a voluntary, pre-packaged Chapter 11 filing. The recapitalization will strengthen Vertis’ capital structure by reducing the company’s total debt by approximately 60 percent, or $700 million, while substantially lowering interest costs, extending maturities and increasing liquidity. This will provide Vertis with the financial strength necessary to increase its investment in the business, advancing products and services and maintaining its position as a leading marketing communications company.