Standard Register Announces Q3 Growth of 10 Percent in Revenue Compared to Previous Year

Third Quarter Highlights

• Improvement in gross margin and Adjusted EBITDA reflects the progress to date in the integration of the WorkflowOne acquisition, including workforce reduction and consolidation of production and warehousing facilities.
• Pension contributions were lowered in 2014-16 by $33 million as a result of the Highway and Transportation Funding Act of 2014.
• Signed three-year, multi-million dollar contract with CareSource, one of the nation's largest Managed Medicaid plans in the country, for the management of communication workflows and production of external information.
• The Company obtained approval of its business plan to demonstrate how it will return to compliance with New York Stock exchange listing standards. Standard Register will be required to achieve the minimum continued listing standards at the completion of the prescribed plan period ending on July 9, 2015, unless the listing is reassessed prior to that date.

First Three Quarters Results
Total revenue increased 40.9 percent to $673.2 million and the Company incurred a net loss of $18.5 million or $2.15 per share, compared to revenue of $477.8 million and a net loss of $16.5 million or $2.79 per share for the first three quarters of 2013. On a pro forma basis, including WorkflowOne, revenue for the first three quarters of 2013 was $733.2 million.