Yellow Pages Group

TSX : YLO


Yellow Pages Group

November 20, 2012 15:32 ET

Yellow Pages Group Announces Organizational Changes as Transformation to Digital Company Accelerates

MONTREAL, QUEBEC--(Marketwire - Nov. 20, 2012) - As part of its ongoing transformation into a digital media and marketing company, Yellow Pages Group (YPG) announced today organizational changes aimed at realigning its workforce to better fit the company's needs as it accelerates its business shift.

Approximately 170 new Montreal-based information and digital technology positions will be created as the company invests in creating a hub of technological and digital expertise at its head office location. This centre of excellence in technology within the company is designed to support its growing suite of web and mobile-based products and address the changing needs of its clients, consisting largely of Canadian small and medium-sized businesses. Concurrently, approximately 125 clerical positions will be moved from Montreal to other company offices across Canada as YPG reorganizes its various office locations into specialized service teams.

"We continue to align our resources in accordance with the transition and expansion of our digital products and services," said Marc P. Tellier, President and Chief Executive Officer of Yellow Pages Group. "The substantial growth of our digital teams and centralization of our service teams reiterates our commitment to accelerating our digital transformation and to providing our clients access to quality service and expertise."

The clerical arm of the company's print publishing operations in Blue Bell, Pennsylvania will also be relocated to YPG's offices in Indianapolis, Indiana and Toronto, Ontario.

Daily operations including client account services will be unaffected by these changes.

YPG currently employs approximately 2,800 people and has added over 100 new digital media and technology positions within the company over the last year.

About Yellow Pages Group

Yellow Pages Group is a leading digital company in Canada. The Company serves over 300,000 local businesses through its nationwide sales force of media consultants. YPG also caters to the country's largest national agencies and advertisers through Mediative, its digital advertising and marketing solutions division. YPG is held by Yellow Media Inc. (TSX:YLO) which owns and operates some of Canada's leading properties and publications including Yellow Pages™ directories, YellowPages.ca™, Canada411.ca and RedFlagDeals.com™ The Yellow Media Inc. network of online properties reaches over 9 million unique visitors monthly.

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