Visant Corp. Reports Dip in Net Sales and Income

ARMONK, NY—March 7, 2011—Visant Corp. announced results for its fiscal year ended Jan. 1, 2011, including consolidated net sales of $1.241 billion, compared to $1.255 billion for its fiscal year ended Jan. 2, 2010, a decrease of approximately 1 percent. Consolidated net income decreased to $56.2 million from $90.7 million for fiscal year 2009. The drop was primarily due to the impact of the repurchase and redemption of debt and higher interest costs in connection with the company’s refinancing of its capital structure.