March 25, 2010 12:34 ET

Worldcolor Signs Multiyear Agreement to Print Hearst Magazine's Cosmopolitan, Country Living, Redbook and Seventeen Magazines

MONTREAL, CANADA--(Marketwire - March 25, 2010) - Worldcolor (TSX:WC)(TSX:WC.U) today announced it has signed a multiyear agreement to print Cosmopolitan, Country Living, Redbook and Seventeen magazines for Hearst Magazines. Hearst is one of the world's largest publishers of monthly magazines, and the four titles combined involve the printing of more than 100 million copies each year.

Worldcolor has been a long-time printer of Cosmopolitan and Country Living, and under this new agreement will begin printing Redbook and Seventeen for the first time.

"We are proud of our long association with Hearst and very pleased to be able to extend our relationship and print these distinguished titles," said Mark Angelson, Chairman and CEO of Worldcolor. "Hearst is at the forefront of a magazine evolution that demands continuous innovation and change, and this agreement aligns us with an industry leader that will help us continue our tradition of magazine print leadership."

"Worldcolor shares our commitment to innovation and our desire for creative solutions," said Laura C. Reid, vice president, manufacturing and production for Hearst Magazines. "The company's production schedule compression is especially valuable to us, as it makes it possible for us to deliver more timely content to our readers and offer greater scheduling flexibility for our advertisers."

Forward-looking statements

To the extent any statements made in this press release contain information that is not historical, these statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are forward-looking information within the meaning of the "safe harbor" provisions of applicable Canadian securities legislation (collectively "forward-looking statements"). These forward-looking statements relate to, among other things, prospects of the Company's (the "Company") industry and its objectives, goals, strategies, beliefs, intentions, plans, estimates, projections and outlook, and can generally be identified by the use of words such as "may," "will," "expect," "intend," "estimate," "anticipate," "plan," "foresee," "believe" or "continue" or the negatives of these terms, variations on them and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. The Company has based these forward-looking statements on its current expectations about future events. Forward-looking statements do not take into account the effect of transactions or other items announced or occurring after the statements are made. For example, they do not include the effect of dispositions, acquisitions, other business transactions, asset write-downs or other charges announced or occurring after the forward-looking statements are made.

Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct, and forward-looking statements inherently involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such forward-looking statements.

Important factors and assumptions as well as the Company's ability to anticipate and manage the risks associated therewith that could cause actual results to differ materially from these expectations are detailed from time to time in the Company's filings with the U. S. Securities and Exchange Commission ("SEC") and the securities regulatory authorities in Canada, available at and (copies of which are available on The Company cautions that any such list of important factors that could affect future results is not exhaustive. Investors and others should carefully consider the factors detailed from time to time in the Company's filings with the SEC and the securities regulatory authorities in Canada and other uncertainties and potential events when relying on its forward-looking statements to make decisions with respect to the Company.

Unless mentioned otherwise, the forward-looking statements in this press release reflect the Company's expectations as of March 25, 2010, being the date at which they have been approved, 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 applicable securities laws.

About Hearst Magazines

Hearst Magazines is a unit of Hearst Corporation (, one of the nation's largest diversified communications companies with interests in magazines, newspapers, digital media, business media and television. As one of the world's largest publishers of monthly magazines, Hearst Magazines publishes nearly 200 editions around the world, including 15 U.S. titles and 20 magazines in the United Kingdom, published through its wholly owned subsidiary, The National Magazine Company Limited. Hearst reaches more adults than any other publisher of monthly magazines (73.8 million total adults, according to MRI, Fall 2009).

About Worldcolor

Worldcolor is an industry leader in providing high-value and comprehensive print, digital and related services to retailers, catalogers, publishers, branded-goods companies and other businesses worldwide. Founded in 1903, Worldcolor's products include advertising inserts and circulars, catalogs, direct mail products, magazines, books, directories, digital premedia, logistics and mail list technologies. During its century-long existence, Worldcolor has had a rich tradition of leadership and excellence. Its team of approximately 18,000 employees is focused on helping clients meet their needs from facilities located in the U.S., Canada, Argentina, Brazil, Chile, Colombia, Mexico and Peru. More information about Worldcolor can be found on its Web site at

Contact Information

  • Worldcolor
    Tony Ross
    Vice President, Communications
    Roland Ribotti
    Vice President, Corporate Finance and Treasurer