News | May 3, 2017

LSC Communications Awarded Supply Chain Services Contract With Open Up Resources

CHICAGO--(BUSINESS WIRE)--

LSC Communications, Inc. (NYSE: LKSD) announced today that it has been awarded a multi-year Supply Chain Services agreement for the print production and warehousing of educational materials for Open Up Resources’ innovative Middle Grade Math curriculum. David McCree, President of the Book division at LSC, commented, “LSC is pleased to have been selected as a strategic supplier for Open Up Resources. We look forward to working together to help Open Up realize benefits from applying new supply chain process improvements.”

Open Up Resources is a nonprofit developing the highest-quality full course curricula, openly licensed for reduced cost to districts. Formerly the K-12 OER Collaborative, Open Up Resources partners with the country’s foremost materials experts in the development of superb, freely-licensed instructional materials, then provides districts with necessary support for implementation with fidelity. Its mission: to provide students with equal access to rigorous, standards-aligned materials, while easing adoption by districts.

Open Up Resources COO, Karl Nelson, added, “We have found, in LSC, a terrific solution to help manage our supply chain. We are confident that their first-in-class services, combined with our curriculum, will help us achieve our objectives.”

About LSC Communications

LSC Communications (NYSE: LKSD) is a global leader in traditional and digital print, print-related services and office products that serves the needs of publishers, merchandisers and retailers. The Company’s service offering includes e-services, warehousing and fulfillment and supply chain management. LSC utilizes a broad portfolio of technology capabilities coupled with consultative attention to clients’ needs to increase speed to market, reduce costs, provide postal savings to clients and improve efficiencies. Strategically located operations provide local service and responsiveness while leveraging the economic, geographic and technological advantages of an international organization.

Forward-Looking Statements

This news release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements, including risks associated with the ability of LSC Communications to perform as expected as a separate, independent entity and risks associated with the volatility and disruption of the capital and credit markets, and adverse changes in the global economy. Readers are strongly encouraged to read the full cautionary statements contained in LSC’s filings with the SEC. LSC disclaims any obligation to update or revise any forward-looking statements.


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