Cunningham Graphics International to Begin Servicing Merrill Lynch's London Research Printing Needs.JERSEY CITY, N.J.--(BUSINESS WIRE)--August 24, 1998--Cunningham Graphics International, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM: CGII CGII Canadian Government Information on the Internet CGII Capital Group International, Inc. ) today announced that its wholly owned London based subsidiary, Roda, will begin servicing Merrill Lynch's research report printing in London. Cunningham estimates that this contract should significantly increase printing revenue at its Roda subsidiary. For the year ended December 31, 1997, Cunningham's Roda subsidiary had revenues of approximately $7 million. "We are excited that Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. has chosen Roda to service its London based research printing," commented Michael Cunningham Michael Cunningham (born November 6, 1952) is an award-winning American writer, best known for his 1998 novel The Hours, which won the Pulitzer Prize for Fiction and the PEN/Faulkner Award in 1999. , Chairman and Chief Executive Officer of Cunningham Graphics International. "This relationship is a prime example of our geographic cross selling strategy aimed at servicing the printing needs of the global financial community." Merrill Lynch (NYSE NYSE See: New York Stock Exchange : MER mer Among the Cheremi and Udmurt peoples of Russia, a sacred grove where people of several villages gathered periodically to hold religious festivals and sacrifice animals to nature gods. ) is one of the world's leading financial management and advisory companies with offices in 45 countries and client assets of $1.4 trillion. Merrill Lynch's Global Securities Research and Economics Group is comprised of more than 500 global fundamental equity research analysts, over half of which are based outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Together they provide coverage on more than 1,200 U.S. companies and nearly 2,600 non-U.S. companies in 56 countries. Cunningham Graphics International, Inc. provides a wide range of graphic communications services focusing on producing and distributing time-sensitive analytical research and marketing materials and on providing on-demand printing See print on demand. services to a blue-chip client base in the financial services, insurance and publishing industries. The Company currently operates in select international markets through its facilities in the United States, the United Kingdom and through an alliance with its strategic partner in Hong Kong. Graphic communications services provided by the Company include digital communications, document management, offset printing, digital printing, data output, bindery A NetWare file used for security and accounting in the early NetWare 2.x and 3.x versions. The bindery pertained only to the server it resided in and contained the names and passwords of users authorized to log in to that server. , fulfillment services, mailing services and outsource services. This press release may contain forward-looking statements, which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, continued demand for its services, the availability of raw materials, the impact of competitive services and pricing, risks in technology development, changing economic conditions and other risk factors detailed in the Company's filings with the Securities and Exchange Commission.
CONTACT: Robert M. Okin
Chief Financial Officer
201/217-1990
or
Vince Daniels/John Nesbett
Lippert/Heilshorn and Associates
212/838-3777
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