Quebecor World Inc.
TSX : IQW

Quebecor World Inc.

June 16, 2008 17:42 ET

Quebecor World Creates New Marketing Solutions Group in Response to Customers Marketing and Advertising Needs

MONTREAL, CANADA--(Marketwire - June 16, 2008) - Quebecor World Inc. (TSX:IQW) is pleased to announce the merging of its U.S. Retail Insert, Catalog, Sunday Magazine and Direct Mail divisions into a new integrated Marketing Solutions Group to better serve the marketing and advertising needs of Quebecor World's customers in multiple markets including retail, direct marketing, Sunday magazine, agency and financial services.

"By joining the forces of our Retail Insert, Catalog, Sunday Magazine and Direct Mail divisions under one operating structure we will be able to more effectively partner with our customers and provide them with integrated marketing solutions that target the end-consumer or client more effectively," said Jacques Mallette, President and CEO Quebecor World. "In addition to improving our operational efficiency, this new approach will allow us to further enhance our integrated product offering to all our customers."

Brian Freschi will lead the Marketing Solutions Group. Mr. Freschi has been with Quebecor World for 14 years and for the last six years he was President of the U.S. Retail, Catalog and Sunday Magazine Division.

"What we are doing is listening and responding to our customers needs. We are organizing our business model to conform to how our customers see their business changing and to how they are positioning their marketing and advertising programs. Our customers want to work with a partner that can provide integrated solutions across multiple platforms. This integrated business model is good for our customers and our people. It helps our customers maximize the return on their marketing investment. Our people will be part of a strong integrated group with one focus and one vision," said Brian Freschi.

The Marketing Solutions Group will have revenues of approximately $1.8 billion and will produce direct mail products, retail inserts, catalogs and Sunday Magazines in a coast-to-coast integrated network of 20 facilities in the United States.

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 "Risk Factors" related to the Company's business section of the Company's Management's Discussion and Analysis for the year ended December 31, 2007.

The forward-looking statements in this press release reflect the Company's expectations as of June 16, 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.
Quebecor World Inc. is currently subject to Court protection under the Companies' Creditors Arrangement Act (Canada), and various U.S. subsidiaries have filed petitions under Chapter 11 of the U.S. Bankruptcy Code.

About Quebecor World

Quebecor World Inc. (TSX: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, and Switzerland.

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