Visant Posts Smaller Net Loss on Flat Sales

Net sales for the Memory Book segment were $347.1 million, a decrease of 3 percent, compared to $358.4 million for the nine-month period ended Oct. 2, 2010. This decrease was primarily attributable to lower volume.

Net sales for the Marketing and Publishing Services segment decreased $15.6 million, or 5 percent, to $283.5 million, compared to $299.1 million during the nine-month period ended Oct. 2, 2010. This decrease was primarily attributable to lower volume in our publishing services and direct mail operations offset by the impact of higher sampling sales, including those attributable to the acquisition of Color Optics.