SOURCE: Bowne & Co., Inc.

August 02, 2006 16:30 ET

Bowne & Co. Names William Penders President of Financial Print Unit

NEW YORK, NY -- (MARKET WIRE) -- August 2, 2006 -- Bowne & Co., Inc. (NYSE: BNE) today announced it has promoted William P. Penders to the role of President and Chief Operating Officer of its Financial Print business and a Senior Vice President of Bowne.

In his expanded role, Penders will direct all worldwide sales and operations for Bowne's Financial Print business. He will report to David J. Shea, Bowne's President and Chief Operating Officer.

An industry veteran, Penders has held a number of key leadership positions throughout Bowne, most recently as Chief Operating Officer of Financial Print and President of Bowne Investment Management. He joined the Company in 1986 as a customer service representative and became a sales executive shortly thereafter. Overseas, Penders has served as President of Bowne International, as well as Vice President and Sales Manager of Bowne's London office, the Company's first international operation, and Managing Director of Bowne's Singapore office. Under Penders' guidance, Bowne International experienced significant revenue growth and market share leadership in both Europe and Asia.

"Bill has made a tremendous contribution to Bowne over the past 20 years," said Shea. "In every position he's held at the Company, he has demonstrated strong leadership and a keen focus on our clients and employee needs. I have every confidence that Bill will successfully carry out our strategy and grow our Financial Print business."

"This is an exciting time, both for Bowne and for the industry as a whole," Penders said. "As the industry evolves, we have a tremendous opportunity to develop new ways to help our clients navigate the variety of challenges they're facing every day. I'm honored to have this opportunity to lead Bowne's Financial Print business through this important time in the company's history."

Penders holds a Bachelor of Arts degree from Fordham University. He and his family reside in Westfield, New Jersey.

About Bowne & Co., Inc.

Bowne & Co., Inc., founded in 1775, is a global leader in providing high-value solutions that empower our clients' communications.

--  Bowne Financial Print: The world's largest financial printer and
    leading EDGAR filer, specializing in the creation, management, translation
    and distribution of regulatory and compliance documents.
    
--  Bowne Marketing & Business Communications: Digital composition, print,
    delivery and fulfillment of customized and personalized communications
    designed to enable companies to more-effectively target customers.
    

Bowne & Co. combines these capabilities with superior customer service, new technologies, confidentiality and integrity to manage, repurpose and distribute a client's information to any audience, through any medium, in any language, anywhere in the world. For more information, visit us at www.bowne.com.

Contact Information

  • Investor Relations Contact:
    William J. Coote
    Treasurer
    212-658-5858
    Email Contact

    Media Contact:
    Kate O'Brien
    Director, Corporate Communications
    212-658-5812
    Email Contact