SOURCE: Bowne & Co., Inc.

Bowne & Co., Inc.

June 03, 2009 08:30 ET

Singular Research Initiates Coverage on Bowne With a Buy Rating

Joins Gabelli & Co. in Initiating Coverage of BNE During the Second Quarter

NEW YORK, NY--(Marketwire - June 3, 2009) - Bowne & Co., Inc. (NYSE: BNE), a global leader in shareholder and marketing communications, today announced that Singular Research has initiated coverage on the Company's stock with a Buy rating. Based in Calabasas, Calif., Singular Research supplies unbiased, performance-based research on small micro cap companies to fund managers, and specializes in initiation reports and quarterly updates for micro cap and small cap companies.

Rye, N.Y.-based Gabelli & Company also initiated coverage on the Company's shares with a Buy rating on April 9, 2009.

"We're encouraged by our recent conversations with Jeremy Hellman of Singular Research and Barry Lucas of Gabelli & Co. and their subsequent reports on our stock," said Dave Shea, Chairman and CEO of Bowne. "We're optimistic about the future, and believe that the improvements we've made to our operating model, combined with our continued focus on bringing new products and services to the market that address emerging client needs and regulatory requirements, positions us very well."

About Bowne

Bowne & Co., Inc. (NYSE: BNE) provides shareholder and marketing communications services around the world. Dealmakers rely on Bowne to handle critical transactional communications with speed and accuracy. Compliance professionals turn to Bowne to prepare and file regulatory and shareholder communications online and in print. Investment managers and third party fund administrators count on Bowne's integrated solutions to streamline their document processes and produce high quality communications for their shareholders. Marketers look to Bowne to create and distribute customized, one-to-one communications on demand. With 2,800 employees in 50 offices around the globe, Bowne has met the ever-changing demands of its clients for more than 230 years. For more information, please visit www.bowne.com.

Contact Information

  • Investor Relations Contact:
    Bryan Berndt
    Treasurer
    212-658-5817
    bryan.berndt@bowne.com

    Media Contact:
    Pamela Blum
    Director of Corporate Communications
    212-658-5884
    pamela.blum@bowne.com

    Bowne & Co., Inc.
    55 Water Street
    New York, NY 10041
    (212) 924-5500
    Fax: (212) 658-5871