Business News
Quebecor World Extends Multi-Year Agreement with Dex Media and Wins New Volume
Monday 30. June 2008 - Quebecor World Inc. (TSX: IQW) announced that it has signed an extended and expanded multi-year agreement with Dex Media Inc. Under this expanded agreement Quebecor World will extend by one year to 2015 its existing directory printing agreement covering Dex directories in fourteen Western and Central states.
In addition, the contract expands the products to be manufactured by Quebecor World for Dex Media. These value added products offer advertisers creative, nontraditional ways of addressing the end consumer. Incremental sales are forecast at more than $25 million over the term of the agreement. Quebecor World will supply Dex Media from its Loveland, CO. plant and from its network of North American directory facilities.
“Dex Media is one of Americas leading directory publishers,” said Jacques Mallette, President and CEO Quebecor World. “Quebecor World is pleased to expand our relationship with them.”
Kevin J. Clarke, President of Quebecor Worlds Publishing Services Group commented, “Dex Media and Quebecor World have worked together successfully for many years. This agreement to produce more of their valued added products is a true win – win opportunity. We are delighted to work together to support such new innovation in the directory marketplace.”