Distribution Shift in Los Angeles Market Delivers Optimum Value for Shoppers
2009年8月17日 - 10:00PM
PRニュース・ワイアー (英語)
Seek RedPlum Savings and Deals in Your Mailbox LIVONIA, Mich., Aug.
17 /PRNewswire-FirstCall/ -- Valassis (NYSE:VCI), one of the
nation's leading media and marketing services companies, announced
today that subscribers of the Los Angeles Times, will receive their
RedPlum package of coupons, circulars and other savings in the
mail, beginning the week of Aug. 24. While this change reflects a
shift in distribution from delivery atop the newspaper to
distribution direct to consumers' mailboxes, the deals and value
shoppers have come to seek each week - including large grocery
retail circulars - remain the same. Valassis is committed to
ensuring the optimization of market coverage for its clients and
providing consumers with a multitude of savings and deals in as
many ways as possible. Its RedPlum media portfolio reaches shoppers
in the newspaper, the mail and online at redplum.com. The RedPlum
Shared Mail Package reaches 100 million shoppers across the country
each week via the mailbox. Valassis offers clients the only blended
media solution of newspaper, shared mail and online in the
industry. In the Los Angeles area, the RedPlum Shared Mail Package
will continue to deliver value to the entire market both in the
mail and with Los Angeles Newspaper Group (LANG) newspapers. This
combination provides advertisers with the best coverage of the
market and the ability to target their best customers while
optimizing their media spend. Consumers can call (877) 438-2386
through Sept. 6 with questions regarding their RedPlum package.
About Valassis Valassis is one of the nation's leading media and
marketing services companies, offering unparalleled reach and scale
to more than 15,000 advertisers. Its RedPlum media portfolio
delivers value on a weekly basis to over 100 million shoppers
across a multi-media platform - in-home, in-store and in-motion.
Through its interactive offering - redplum.com - consumers will
find compelling national and local deals online. Headquartered in
Livonia, Michigan with approximately 7,000 associates in 28 states
and eight countries, Valassis is widely recognized for its
associate and corporate citizenship programs, including its
America's Looking for Its Missing Children program. Valassis
companies include Valassis Direct Mail, Inc., Valassis Canada,
Promotion Watch, Valassis Relationship Marketing Systems, LLC and
NCH Marketing Services, Inc. For more information, visit
http://www.valassis.com/ or http://www.redplum.com/. Safe Harbor
and Forward-Looking Statements Certain statements found in this
document constitute "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks and
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Such factors include, among
others, the following: price competition from our existing
competitors; new competitors in any of our businesses; a shift in
client preference for different promotional materials, strategies
or coupon delivery methods, including, without limitation, as a
result of declines in newspaper circulation; an unforeseen increase
in paper or postal costs; changes which affect the businesses of
our clients and lead to reduced sales promotion spending,
including, without limitation, a decrease of marketing budgets
which are generally discretionary in nature and easier to reduce in
the short-term than other expenses; our substantial indebtedness,
and ability to refinance such indebtedness, if necessary, and our
ability to incur additional indebtedness, may affect our financial
health; the financial condition, including bankruptcies, of our
clients, suppliers, senior secured credit facility lenders or other
counterparties; our ability to comply with or obtain modifications
or waivers of the financial covenants contained in our debt
documents; certain covenants in our debt documents could adversely
restrict our financial and operating flexibility; recent
disruptions in the credit markets that make it difficult for
companies to secure financing; fluctuations in the amount, timing,
pages, weight and kinds of advertising pieces from period to
period, due to a change in our clients' promotional needs,
inventories and other factors; our failure to attract and retain
qualified personnel may affect our business and results of
operations; a rise in interest rates could increase our borrowing
costs; we may be required to recognize additional impairment
charges against goodwill and intangible assets in the future; the
outcome of ADVO's pending shareholder lawsuits; our current
litigation with News America Incorporated has been and may continue
to be costly and may divert management's attention; possible
governmental regulation or litigation affecting aspects of our
business; the credit and liquidity crisis in the financial markets
could continue to affect our results of operations and financial
condition; reductions of our credit rating may have an adverse
impact on our business; counterparties to our secured credit
facility and interest rate swaps may not be able to fulfill their
obligations due to disruptions in the global credit markets;
uncertainty in the application and interpretation of applicable
state sales tax laws may expose us to additional sales tax
liability; and general economic conditions, whether nationally,
internationally, or in the market areas in which we conduct our
business, including the adverse impact of the ongoing economic
downturn on the marketing expenditures and activities of our
clients and prospective clients as well as our vendors, with whom
we rely on to provide us with quality materials at the right prices
and in a timely manner. These and other risks and uncertainties
related to our business are described in greater detail in our
filings with the United States Securities and Exchange Commission,
including our reports on Forms 10-K and 10-Q and the foregoing
information should be read in conjunction with these filings. We
disclaim any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. DATASOURCE: Valassis CONTACT: Mary
Broaddus, Director, Investor Relations and Corporate
Communications, +1-734-591-7375, Web Site: http://www.valassis.com/
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