Cenveo

WASHINGTON, DC—October 11, 2006—The Print Council, a national business development initiative dedicated to the promotion of greater use of printing and print media, today announced the publication of a new, 24-page marketing brochure demonstrating the extraordinary value and effectiveness of print communications. Titled “Why Print? The Top Ten Ways Print Helps You Prosper,” the full-color brochure marks the launch of an ongoing series of strategic activities by The Print Council designed to make a major impact on media decision makers, significantly elevating their awareness of, and appreciation for, the value of print. The first copies of “Why Print?” will be released

MENASHA, WI—Banta Corporation (NYSE:BN) today announced that its Board of Directors, in consultation with its financial and legal advisors, has unanimously rejected Cenveo, Inc.’s (NYSE:CVO) unsolicited proposal to acquire Banta for $47 per share. The Board of Directors determined that the proposal is not in the best interests of Banta shareholders or its other constituents. Banta also announced today that the Board has authorized management, in consultation with its financial advisor, UBS Investment Bank, to explore all potential strategies for further maximizing shareholder value, including, but not limited to, remaining independent, joint ventures, mergers, acquisitions, further return of capital, or the sale of

BACK IN August, we ran a cover story on industry veterans and featured some of their memorable stories, an idea we’d like to repeat for a future issue. Or, we’ll just call Jesse Williamson and ask him to spin a few yarns. The president of Williamson Printing in Dallas is an honest and open man, one of the more colorful and charismatic figures in the printing industry. The stories other people tell about Williamson are pretty amusing, and almost as good as those he tells on himself. Too bad we can’t tell them all, but a funny one appears in his Hall of Fame

CONVENTIONAL INDUSTRY wisdom seemed to favor large, publicly traded commercial printing enterprises. They operated with lower cost structures than their often smaller, privately held competitors, in part due to their ability to negotiate better prices for consumables like paper and ink, along with company healthcare and operating insurance premiums. They maintained deep pockets to fund continuous capital improvement expenditures for the most automated machinery and workflow platforms available, enabling higher job productivity and better employee utilization company-wide. They leveraged their ability to cross-sell products and services to a diverse customer base within a bevy of markets. They attracted the best talent; people sought them

MENASHA, WI—August 9, 2006—Banta Corporation (NYSE: BN) today confirmed that it has received an unsolicited, highly conditional indication of interest from Cenveo, Inc. (NYSE: CVO) to acquire Banta, contingent on Cenveo obtaining financing, effecting due diligence and reaching a mutually satisfactory definitive merger agreement. The Company today sent the following response letter to Robert G. Burton, Sr., Chairman and CEO of Cenveo: Robert G. Burton, Sr., Chairman and Chief Executive Officer Cenveo, Inc. One Canterbury Green Stamford, CT 06901 Dear Mr. Burton, I am extremely disappointed that you chose to release publicly the letter that your legal advisors faxed to us late last night prior to giving us the opportunity to

ROBERT BURTON, chairman and CEO of Cenveo Inc., is very decisive in his quest to uncover $100 million in cost savings at the publicly held printing conglomerate (ranked #5 on the 2005 Printing Impressions 400 listing of largest U.S. and Canadian printers) he took over last fall in a forceful, and sometimes contentious, takeover. Citing the need for a major overhaul, he immediately fired the existing board and senior managers, and brought in his own team from his former World Color and Moore Corp. days. Numerous plant closures, cutbacks and rounds of staff reductions have since followed company-wide. Appeasing analysts and stakeholders, Cenveo’s once-floundering

“Some of us will do our jobs well and some will not, but we will be judged by only one thing—the result.”—Vince Lombardi THE MEETING had just broken up between a commercial printer and a group of Moore Corp. senior executives, led by Robert Burton, and some subordinates. Burton had come to town to discuss acquiring this particular commercial printer, and was preparing for his trip back home to Stamford, CT. Before leaving, a thirsty Burton asks one of his lower-level subordinates to go back into the facility for a soda. So the employee heads back inside and ambles into the conference room, where

Flag Contest Waves In 50th Anniversary BERRYVILLE, VA—Berryville Graphics, a book products manufacturer that’s part of arvato Print, a Bertelsmann company, has begun a year-long celebration of its 50th anniversary. As part of the celebration, a Berryville 50th anniversary flag design contest was created for the plant’s workers. Four Colour Imports, a Louisville, KY-based book manufacturing representative for Friesens Printing in Canada and Everbest Printing in China, has hired Ronald Hicks as the company’s Northeast sales representative covering New York City and New England. Also, Kara Mills transitions into sales from production manager, handling 10 states. Bob Hanon, former owner of Hanon Printing, has joined

Workers Say No to Union MONTREAL—An independent arbitrator has ruled there is no need to hold a re-run election for union representation at Quebecor World’s Covington, TN, facility, as requested by the Teamsters. The decision upholds a secret ballot election in which those employees opted against union representation. As part of the decision, it was ruled that Quebecor World’s conduct did not adhere to the neutrality provisions of the May 2005 Neutrality Agreement signed by the printer and Teamsters. CGX Finishes Nies/Artcraft Deal HOUSTON—Consolidated Graphics has completed the acquisition of St. Louis-based Nies/Artcraft Companies, which includes Nies/Artcraft Printing, Valcour Printing and Impression Label. Terms of the deal

STAMFORD, CT—Thomas Oliva, a longtime manager under Robert Burton in previous executive stints with World Color and Moore Corp., has been promoted to president of Cenveo Inc. Oliva will direct all of Cenveo's sales and manufacturing endeavors, while reporting directly to Burton, the chairman and CEO of Cenveo. He will also retain his spot on the company's board of directors. In filling the previously vacant president's role, Burton cited Oliva's "track record of delivering outstanding results over an extended period of time." The pair have worked together for the past 12 years, and Burton believes Oliva can help increase shareholder value. According to Burton, Cenveo has