American Academy of Pediatrics Awards 5-Year Contract to Cadmus Communications for End-to-End Publishing Services
08 11월 2006 - 5:43AM
PR Newswire (US)
RICHMOND, Va., Nov. 7 /PRNewswire-FirstCall/ -- Cadmus
Communications Corporation (NASDAQ:CDMS) announced today that the
American Academy of Pediatrics ('AAP') has awarded the company a
5-year contract to provide a full range of outsourced publishing
production services for its three prestigious publications. The
award includes services for AAP's Pediatrics, which has the highest
impact factor, is the most-cited journal in its field, and is among
the top 2% of most-cited scientific and medical journals. Cadmus
will provide full issue management services for AAP including
copyediting, composition, XML coding, printing, binding and
distribution for both printed and online versions of AAP
publications. These services are performed domestically for AAP,
although Cadmus also offers flexible global workflow solutions on a
per- title basis. In addition to this contract, Cadmus also
provides commercial reprint sales, commercial reprint production,
and medical textbook publishing services for AAP under separate
agreements. "We selected Cadmus because of its ability to provide
an end-to-end solution to support our limited staff in the
publishing division and because of the symbiotic working
relationship we have developed over the years," stated Kerry
O'Rourke, senior managing editor, Division of Scholarly Journals
& Professional Periodicals at AAP. "We value highly this true
partnership with Cadmus, a partnership that plays an integral role
in helping us to disseminate critical information from the nation's
leading child health experts in a timely and accurate manner."
Debbie McClanahan, Cadmus' executive vice president for service and
market relations, added, "This award grew not only out of our long
and successful association with AAP but also out of the key role we
played in the recent and highly successful redesign of Pediatrics.
With our depth of scholarly publishing expertise and our thorough
understanding of AAP's publishing business, Cadmus was a
stabilizing factor during this key initiative and seamlessly
augmented AAP's relatively new publishing team throughout this
challenging process." "Publishers are looking for partners who can
support the steady increase in page counts and the many new and
emerging publishing models in the scholarly publishing community,"
stated Bruce Thomas, chief executive officer at Cadmus. "Cadmus has
invested in the people, in the technology, and in the global
resources to support these trends and to help our publishing
customers both drive efficiencies and experiment with new
publishing models on a title- by-title and on a global basis. We
are thrilled that prestigious publishers like AAP continue to rely
on Cadmus and continue to find value in our full service publishing
services." ABOUT CADMUS Cadmus Communications Corporation provides
end-to-end, integrated graphic communications services to
professional publishers, not-for-profit societies and corporations.
Cadmus is the world's largest provider of content management and
production services to scientific, technical and medical journal
publishers, the fifth largest periodicals printer in North America,
and a leading provider of specialty packaging and promotional
printing services. Additional information about Cadmus is available
at http://www.cadmus.com/. ABOUT AAP The American Academy of
Pediatrics is an organization of 60,000 primary care pediatricians,
pediatric medical subspecialists and pediatric surgical specialists
dedicated to the health, safety and well being of infants,
children, adolescents and young adults. Additional information
about AAP can be found at http://www.aap.org/. "Cadmus ... Serving
Education, Science, Health" Statements contained in this release
relating to Cadmus' future prospects and performance are
"forward-looking statements" that are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements. Factors that
could cause actual results to differ materially from management's
expectations include but are not limited to: (1) the overall
economic environment, (2) the equity market performance and
interest rate environment, which can impact our pension liability,
(3) the impact of price increases for energy and other materials
and services affected by higher oil and fuel prices, (4) our
ability to grow revenue and market share in the educational and
government services markets, (5) significant price pressure in the
markets in which we compete, (6) the loss of significant customers
or the decrease in demand from customers, (7) our ability to
continue to obtain improved efficiencies and lower production
costs, (8) the financial condition and ability to pay of certain
customers, (9) our ability to implement and realize the expected
benefits associated with our equipment replacement and
consolidation plan, including our ability to successfully complete
certain consolidation initiatives and effect other restructuring
actions, (10) our ability to operate effectively in markets outside
of North America, (11) our ability to realize the tax benefits
associated with certain transactions, and (12) our ability to
implement and realize the expected benefits associated with our
increased operations in Asia and the business opportunities
available to the PeriscopeCadmus(TM) joint venture. Other risk
factors are detailed from time to time in our Securities and
Exchange Commission filings. The information provided in this
release is provided only as of the date of this release, and we
undertake no obligation to update any forward-looking statements
made herein. DATASOURCE: Cadmus Communications Corporation CONTACT:
Paul K. Suijk, Senior Vice President & CFO of Cadmus
Communications Corporation, +1-804-287-5694 Web site:
http://www.cadmus.com/ http://www.aap.org/ Company News On-Call:
http://www.prnewswire.com/comp/115581.html
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