Visant Corp.'s Income Increases, Sales Flat

Our Memory Book segment reported Adjusted EBITDA of $139.3 million for the six months ended July 3, 2010, an increase of $3.9 million, or 3%, compared to $135.4 million for the six months ended July 4, 2009. The increase was primarily due to the impact of cost efficiencies.

The Marketing and Publishing Services segment reported Adjusted EBITDA of $49.2 million for the six months ended July 3, 2010, an increase of $7.5 million, or 18%, compared to $41.7 million for the six months of 2009. This increase was primarily due to higher volume in our sampling operations and the impact of cost reduction initiatives, offset somewhat by lower volumes in our direct marketing operations.