ADVO Announces Establishment Of A Second Weekly Mailing Program In Las Vegas.Business Editors WINDSOR Windsor, British royal family Windsor (wĭn`zər), family name of the royal house of Great Britain. The name Wettin, family name of Albert of Saxe-Coburg-Gotha, consort of Queen Victoria, was changed to Windsor by George V in 1917. , Conn.--(BUSINESS WIRE)--June 6, 2000 ADVO, Inc. (NYSE NYSE See: New York Stock Exchange : AD), today announced it will launch a new weekend mailing program in the Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nevada Nevada (nəvăd`ə, –vä–), far western state of the United States. It is bordered by Utah (E), Arizona (SE), California (SW, W), and Oregon and Idaho (N). market beginning early-July 2000. The mailing will be delivered weekly to approximately 500,000 households on Friday and Saturday, and will be in addition to ADVO's existing mid-week shared mail program. As was true with its recently established, highly successful second mailing program in Albuquerque, the new program in Las Vegas will benefit from the participation of over two dozen retailers, both national and local. This marks the second additional mailing initiative ADVO has established this year, and the Company is actively pursuing opportunities to establish programs in other markets around the country. Gary Mulloy, ADVO's Chairman and Chief Executive Officer stated, "We are extremely pleased to announce our second additional mailing program this year. This new program in Las Vegas enables us to offer our targeted distribution capabilities to categories of clients who have traditionally preferred weekend in-home dates. Las Vegas is one of our strongest markets, and in partnership with several major retailers, we expect our new weekend shared mail package will be an extremely effective and efficient advertising vehicle that will benefit advertisers and consumers alike." ADVO is the nation's largest full-service targeted direct mail marketing services company with annual revenues of over $1 billion. ADVO specializes in shared and solo direct mail services and provides customized Microtargeting(R) solutions at an affordable price for its clients' print advertising needs. The Company's core shared mail program is distributed nationally to approximately 60 million households weekly. An additional 28.5 million households can be reached, on a shared mail basis, through ADVO's National Network Extension (A.N.N.E.). ADVO's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , MailCoups, Inc., produces Super Coups, a cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. , direct mail-based advertising solution for local neighborhood businesses which utilizes an envelope format. ADVO has 20 mail processing facilities and 65 sales offices nationwide. ADVO's corporate headquarters are located at One Univac Lane, Windsor, Connecticut Windsor was the first English settlement in the State of Connecticut, the 5th Colony to receive Statehood in the United States of America. Windsor is a suburban community in Hartford County, adjacent to the north to Connecticut's Capital, Hartford, with a relatively diverse 06095. The Company can be visited at its Web site at www.advo.com. The forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. in this report are based upon current information and expectations and are subject to risks and uncertainties in the Company's operations and business environment. Such risks and uncertainties include, but are not limited to, changes in customer demand and pricing, the possibility of consolidation throughout the retail sector, postal and paper prices, the efficiencies achieved with technology upgrades, and other general economic factors. |
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