Quebecor World Inc.
NYSE : IQW
TSX : IQW

Quebecor World Inc.

January 08, 2008 15:07 ET

Putting Customers First, Quebecor World Leads the Way by Triple Certifying its North American Printing Plants

MONTREAL, CANADA--(Marketwire - Jan. 8, 2008) - Quebecor World Inc. (TSX:IQW)(NYSE:IQW) announced today that it has achieved Chain of Custody Certification for the world's three leading forest management programs. These are the Forest Stewardship Council (FSC), Sustainable Forestry Initiative (SFI) and the Program for the Endorsement of Forest Certification (PEFC). This milestone sets Quebecor World first, among the top North American printers, to offer these three progressive chain of custody certification programs.

"These chain of custody certifications will be of particular value to our customers who can now publicly signify that their products are produced from well-managed forests. At Quebecor World, we recognize we have a duty to all of our stakeholders to combine economic growth with sustainable development in our daily activities. We are proud to be the first major printer to receive all three certifications at all of our North American facilities," said Jacques Mallette President and CEO, Quebecor World.

"Our customers have been seeking a full service printing partner that combines excellence in asset management, prepress, printing, distribution, and solid environmental practices. With this certification in place Quebecor World successively establishes a link between partnership opportunity and industry best practices," said Peter Wilson, VP North American Paper Procurement & Supply Chain.

Forest certification is a way to promote responsible and verifiable forestry practices and provide independent third-party assurance that a forestry operation meets standards set by a certification program. Chain of custody is the path by which products are tracked from the forest to the consumer, including all manufacturing, transportation, and distribution links. Chain of custody certification assures customers the certified goods they buy are the products of a well-managed forest.

"Quebecor World has been engaged with the Rainforest Alliance and FSC certification since 2005, when we first certified several of its operations," said Wolfram Pinker, managing director of the Rainforest Alliance's SmartWood program. "The growth of its FSC certification from 15 sites to now a total of 54 sites demonstrates the company's increasing commitment to sustainability and gives them one of the largest FSC Chain-of-Custody certifications in North America."

"Demand for forest products from legal and sustainable forests are increasing worldwide and with today's announcement Quebecor World joins a growing number of companies that are certifying to SFI as a means to meet environmental commitments and market demand," said SFI CEO and President Kathy Abusow. "By certifying its operations to multiple standards such as SFI and PEFC, Quebecor World is able to increase its global reach and provide its customers with a steady supply of products of SFI certified products."

"Quebecor World's commitment to chain-of-custody certification through PEFC places it at the forefront of environmental procurement and gives it access to a global supply chain," said Ben Gunneberg, general secretary of PEFC, which is a globally recognized organization that endorses national and regional certification programs, including SFI.

The three chain of custody certifications were awarded to all fifty-four (54) of Quebecor World's US and Canadian printing locations following a stringent systematic 3rd party audit of the company's procurement practices and control systems by both the Rainforest Alliance's SmartWood Program and PriceWaterhouseCoopers Chain of Custody Certification Program.

Forward looking statements

This press release may include "forward-looking statements" that involve risks and uncertainties. All statements other than statements of historical facts included in this press release, including statements regarding the prospects of the industry and prospects, plans, financial position and business strategy of Quebecor World Inc. (the "Company"), may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities legislation and regulations. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "plan," "foresee," "believe" or "continue" or the negatives of these terms or variations of them or similar terminology. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Forward-looking statements do not take into account the effect that transactions or non-recurring or other special items announced or occurring after the statements are made have on the Company's business. For example, they do not include the effect of dispositions, acquisitions, other business transactions, asset writedowns or other charges announced or occurring after forward-looking statements are made.

Investors and others are cautioned that undue reliance should not be placed on any forward-looking statements. For more information on the risks, uncertainties and assumptions that could cause the Company's actual results to differ from current expectations, please refer to the Company's public filings available at www.sedar.com, www.sec.gov and www.quebecorworld.com. In particular, further details and descriptions of these and other factors are disclosed in the "Risks and Uncertainties related to the Company's business" section of the Company's Management's Discussion and Analysis for the year ended December 31, 2006, and the "Risk Factors" section of the Company's Annual Information Form for the year ended December 31, 2006.

The forward-looking statements in this press release reflect the Company's expectations as of January 8, 2008 and are subject to change after this date. The Company expressly disclaims any obligation or intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by the applicable securities laws.

About Quebecor World

Quebecor World Inc. (TSX:IQW)(NYSE:IQW) is a world leader in providing high-value, complete marketing and advertising solutions to leading retailers, catalogers, branded-goods companies and other businesses with marketing and advertising activities, as well as complete, full-service print solutions for publishers. The Company is a market leader in most of its major product categories, which include advertising inserts and circulars, catalogs, direct mail products, magazines, books, directories, digital premedia, logistics, mail list technologies and other value-added services. Quebecor World has approximately 28,000 employees working in more than 115 printing and related facilities in the United States, Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia, Finland, France, India, Mexico, Peru, Spain, Sweden, Switzerland and the United Kingdom.

Web address: www.quebecorworld.com

Contact Information

  • Quebecor World Inc.
    Tony Ross
    Vice President, Communications
    514-877-5317
    800-567-7070
    or
    Quebecor World Inc.
    Roland Ribotti
    Vice President, Investor Relations and Assistant Treasurer
    514-877-5143
    800-567-7070