----

----

----

|   |   |   |
|--------|--------|--------|

|   |   |   |
|--------|--------|--------|

| COLORADO                                                      | 84-1250533                           |
|---------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction ofincorporation or organization) | (I.R.S. Employer Identification No.) |
|                                                          |                                 |
| ONE CANTERBURY GREEN201 BROAD STREET                          |                                 |
| STAMFORD, CT                                                  | 06901                                |
| (Address of principal executive offices)                      | (Zip Code)                           |
|                                                          |                                 |
| 203-595-3000                                                  |
| (Registrant’s telephone number, including area code)    |

|   |   |   |
|--------|--------|--------|

----

----

----

|                                           |                                                                                                       | Page No. |
|------------------------------------------------|------------------------------------------------------------------------------------------------------------|----------|
| PART I — FINANCIAL INFORMATION |                                                                                                       |
| Item 1:                                        | Financial Statements (unaudited)                                                                           |     |
|                                           | Condensed Consolidated Balance Sheets as of April 2, 2011 and January 1, 2011                              | 2        |
|                                           | Condensed Consolidated Statements of Operations for the three months ended April 2, 2011 and April 3, 2010 | 3        |
|                                           | Condensed Consolidated Statements of Cash Flows for the three months ended April 2, 2011 and April 3, 2010 | 4        |
|                                           | Notes to Condensed Consolidated Financial Statements                                                       | 5        |
| Item 2:                                        | Management’s Discussion and Analysis of Financial Condition and Results of Operations                | 28       |
| Item 3:                                        | Quantitative and Qualitative Disclosure About Market Risk                                                  | 37       |
| Item 4:                                        | Controls and Procedures                                                                                    | 37       |
|                                           |                                                                                                       |
| PART II — OTHER INFORMATION    |                                                                                                       |
| Item 1:                                        | Legal Proceedings                                                                                          | 38       |
| Item 1A:                                       | Risk Factors                                                                                               | 38       |
| Item 6:                                        | Exhibits                                                                                                   | 38       |
|                                           | Signatures                                                                                                 | 43       |

----

PART I. FINANCIAL INFORMATION

|   | Item 1.   Financial Statements |
|--------|-----------------------------------------------|

CONDENSED CONSOLIDATED BALANCE SHEETS

|                                                      |   | April 2, 2011 |      |   | January 1, 2011 |   |
|-----------------------------------------------------------|--------|---------------|-----------|--------|-----------------|--------|
| Assets                                                    |   | (unaudited)   |      |   |            |   |
| Current assets:                                           |   |          |      |   |            |   |
| Cash and cash equivalents                                 |   | $             | 9,525     |   |            | $      | 49,756 |   |
| Accounts receivable, net                                  |   |          | 289,362   |   |            |   | 263,364 |   |
| Inventories                                               |   |          | 175,045   |   |            |   | 149,151 |   |
| Prepaid and other current assets                          |   |          | 68,948    |   |            |   | 66,135 |   |
| Total current assets                                      |   |          | 542,880   |   |            |   | 528,406 |   |
|                                                      |   |          |      |   |            |   |   |   |
| Property, plant and equipment, net                        |   |          | 370,258   |   |            |   | 347,921 |   |
| Goodwill                                                  |   |          | 208,971   |   |            |   | 209,161 |   |
| Other intangible assets, net                              |   |          | 245,186   |   |            |   | 246,424 |   |
| Other assets, net                                         |   |          | 72,180    |   |            |   | 65,818 |   |
| Total assets                                              |   | $             | 1,439,475 |   |            | $      | 1,397,730 |   |
|                                                      |   |          |      |   |            |   |   |   |
| Liabilities and Shareholders’ Deficit               |   |          |      |   |            |   |   |   |
| Current liabilities:                                      |   |          |      |   |            |   |   |   |
| Current maturities of long-term debt                      |   | $             | 23,623    |   |            | $      | 10,098 |   |
| Accounts payable                                          |   |          | 183,087   |   |            |   | 166,468 |   |
| Accrued compensation and related liabilities              |   |          | 39,253    |   |            |   | 30,672 |   |
| Other current liabilities                                 |   |          | 88,797    |   |            |   | 98,471 |   |
| Total current liabilities                                 |   |          | 334,760   |   |            |   | 305,709 |   |
|                                                      |   |          |      |   |            |   |   |   |
| Long-term debt                                            |   |          | 1,292,116 |   |            |   | 1,283,905 |   |
| Other liabilities                                         |   |          | 146,132   |   |            |   | 149,447 |   |
| Commitments and contingenciesShareholders’ deficit: |   |          |      |   |            |   |   |   |
| Preferred stock                                           |   |          | −   |   |            |   | − |   |
| Common stock                                              |   |          | 628       |   |            |   | 627 |   |
| Paid-in capital                                           |   |          | 345,283   |   |            |   | 342,607 |   |
| Retained deficit                                          |   |          | (661,498  | )      |            |   | (664,282 | ) |
| Accumulated other comprehensive loss                      |   |          | (17,946   | )      |            |   | (20,283 | ) |
| Total shareholders’ deficit                         |   |          | (333,533  | )      |            |   | (341,331 | ) |
| Total liabilities and shareholders’ deficit         |   | $             | 1,439,475 |   |            | $      | 1,397,730 |   |

----

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

|                                                         |   | Three Months Ended |    |
|--------------------------------------------------------------|--------|--------------------|---------|
|                                                         |   | April 2, 2011      |    |   | April 3, 2010 |   |
| Net sales                                                    |   | $                  | 503,065 |   |   | $ | 453,934 |   |
| Cost of sales                                                |   |               | 413,821 |   |   |   | 375,190 |   |
| Selling, general and administrative expenses                 |   |               | 60,492  |   |   |   | 54,042 |   |
| Amortization of intangible assets                            |   |               | 2,775   |   |   |   | 2,884 |   |
| Restructuring and impairment charges                         |   |               | 3,827   |   |   |   | 9,627 |   |
| Operating income                                             |   |               | 22,150  |   |   |   | 12,191 |   |
| Gain on bargain purchase                                     |   |               | (10,539 | ) |   |   | — |   |
| Interest expense, net                                        |   |               | 30,217  |   |   |   | 29,614 |   |
| Loss on early extinguishment of debt                         |   |               | — |   |   |   | 2,598 |   |
| Other expense, net                                           |   |               | 189     |   |   |   | 727 |   |
| Income (loss) from continuing operations before income taxes |   |               | 2,283   |   |   |   | (20,748 | ) |
| Income tax benefit                                           |   |               | (501    | ) |   |   | (9,727 | ) |
| Income (loss) from continuing operations                     |   |               | 2,784   |   |   |   | (11,021 | ) |
| Loss from discontinued operations, net of taxes              |   |               | — |   |   |   | (87 | ) |
| Net income (loss)                                            |   | $                  | 2,784   |   |   | $ | (11,108 | ) |
| Income (loss) per share – basic and diluted:           |   |               |    |   |   |   |   |   |
| Continuing operations                                        |   | $                  | 0.04    |   |   | $ | (0.18 | ) |
| Discontinued operations                                      |   |               | — |   |   |   | — |   |
| Net income (loss)                                            |   | $                  | 0.04    |   |   | $ | (0.18 | ) |
| Weighted average shares:                                     |   |               |    |   |   |   |   |   |
| Basic                                                        |   |               | 62,742  |   |   |   | 62,116 |   |
| Diluted                                                      |   |               | 63,044  |   |   |   | 62,116 |   |

----

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

|                                                                                               |   | Three Months Ended |    |
|----------------------------------------------------------------------------------------------------|--------|--------------------|---------|
|                                                                                               |   | April 2, 2011      |    |   | April 3, 2010 |   |
| Cash flows from operating activities:                                                              |   |               |    |   |   |   |
| Net income (loss)                                                                                  |   | $                  | 2,784   |   |   | $ | (11,108 | ) |
| Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: |   |               |    |   |   |   |   |   |
| Loss from discontinued operations, net of taxes                                                    |   |               | — |   |   |   | 87 |   |
| Depreciation and amortization, excluding non-cash interest expense, net                            |   |               | 16,747  |   |   |   | 16,471 |   |
| Non-cash interest expense, net                                                                     |   |               | 1,228   |   |   |   | 988 |   |
| Loss on early extinguishment of debt                                                               |   |               | — |   |   |   | 2,598 |   |
| Stock-based compensation provision                                                                 |   |               | 2,508   |   |   |   | 2,898 |   |
| Non-cash restructuring and impairment charges, net of gain on sale                                 |   |               | 258     |   |   |   | 2,801 |   |
| Bargain purchase gain                                                                              |   |               | (10,539 | ) |   |   | — |   |
| Deferred income taxes                                                                              |   |               | (1,889  | ) |   |   | (10,738 | ) |
| Gain on sale of assets                                                                             |   |               | (22     | ) |   |   | (771 | ) |
| Other non-cash charges                                                                             |   |               | 2,479   |   |   |   | 1,728 |   |
| Changes in operating assets and liabilities:                                                       |   |               |    |   |   |   |   |   |
| Accounts receivable                                                                                |   |               | 1,928   |   |   |   | 9,694 |   |
| Inventories                                                                                        |   |               | (5,534  | ) |   |   | (27 | ) |
| Accounts payable and accrued compensation and related liabilities                                  |   |               | 6,417   |   |   |   | (20,085 | ) |
| Other working capital changes                                                                      |   |               | (18,768 | ) |   |   | 10,619 |   |
| Other, net                                                                                         |   |               | (3,122  | ) |   |   | 232 |   |
| Net cash (used in) provided by operating activities                                                |   |               | (5,525  | ) |   |   | 5,387 |   |
| Cash flows from investing activities:                                                              |   |               |    |   |   |   |   |   |
| Cost of business acquisitions, net of cash acquired                                                |   |               | (55,261 | ) |   |   | (6,829 | ) |
| Capital expenditures                                                                               |   |               | (4,063  | ) |   |   | (2,969 | ) |
|  Proceeds from sale of property, plant and equipment                                          |   |               | 2,918   |   |   |   | 1,114 |   |
| Net cash used in investing activities                                                              |   |               | (56,406 | ) |   |   | (8,684 | ) |
| Cash flows from financing activities:                                                              |   |               |    |   |   |   |   |   |
| Borrowings under revolving credit facility due 2014                                                |   |               | 24,000  |   |   |   | — |   |
| Proceeds from exercise of stock options                                                            |   |               | 168     |   |   |   | 271 |   |
| Repayments of other long-term debt                                                                 |   |               | (1,511  | ) |   |   | (1,755 | ) |
| Repayment of term loan B due 2016                                                                  |   |               | (950    | ) |   |   | — |   |
| Proceeds from issuance of 87⁄8% senior second lien notes                                       |   |               | — |   |   |   | 397,204 |   |
| Repayment of term loans                                                                            |   |               | — |   |   |   | (310,985 | ) |
| Repayments under revolving credit facility due 2012                                                |   |               | — |   |   |   | (22,500 | ) |
| Payment of refinancing or repurchase fees, redemption premiums and expenses                        |   |               | — |   |   |   | (13,009 | ) |
| Net cash provided by financing activities                                                          |   |               | 21,707  |   |   |   | 49,226 |   |
| Effect of exchange rate changes on cash and cash equivalents                                       |   |               | (7      | ) |   |   | 356 |   |
| Net (decrease) increase in cash and cash equivalents                                               |   |               | (40,231 | ) |   |   | 46,285 |   |
| Cash and cash equivalents at beginning of period                                                   |   |               | 49,756  |   |   |   | 10,796 |   |
| Cash and cash equivalents at end of period                                                         |   | $                  | 9,525   |   |   | $ | 57,081 |   |

----

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

----

|                                              |   | As ofFebruary 1, 2011 |   |
|---------------------------------------------------|--------|-----------------------|--------|
| Accounts receivable, net                          |   | $                     | 29,817 |   |
| Inventories                                       |   |                  | 21,352 |   |
| Other current assets                              |   |                  | 386    |   |
| Property, plant and equipment                     |   |                  | 37,982 |   |
| Other intangible assets                           |   |                  | 1,500  |   |
| Other assets                                      |   |                  | 2,240  |   |
| Total assets acquired                             |   |                  | 93,277 |   |
| Current liabilities                               |   |                  | 25,340 |   |
| Other liabilities                                 |   |                  | 1,763  |   |
|     Total liabilities assumed |   |                  | 27,103 |   |
| Net assets acquired                               |   |                  | 66,174 |   |
| Cost of EPG acquisition                           |   |                  | 55,635 |   |
| Gain on bargain purchase of EPG                   |   | $                     | 10,539 |   |

----

|                                                |   | Three Months Ended |    |   | Three Months Ended |   |
|-----------------------------------------------------|--------|--------------------|---------|--------|--------------------|--------|
|                                                |   | April 2, 2011      |    |   | April 3, 2010      |   |
|                                                |   | AsReported         |    |   | ProForma           |   |   | AsReported |   |   | ProForma |   |
| Net sales                                           |   | $                  | 503,065 |   |               | $      | 523,847 |   |   | $ | 453,934 |   |   | $ | 520,830 |   |
| Operating income                                    |   |               | 22,150  |   |               |   | 25,252 |   |   |   | 12,191 |   |   |   | 12,872 |   |
| Income (loss) from continuing operations            |   |               | 2,784   |   |               |   | (1,739 | ) |   |   | (11,021 | ) |   |   | (10,437 | ) |
| Net income (loss)                                   |   |               | 2,784   |   |               |   | (1,739 | ) |   |   | (11,108 | ) |   |   | (10,524 | ) |
| Income (loss) per share – basic and diluted:  |   |               |    |   |               |   |   |   |   |   |   |   |   |   |   |   |
|      Continuing operations |   | $                  | 0.04    |   |               | $      | (0.03 | ) |   | $ | (0.18 | ) |   | $ | (0.17 | ) |
|      Net income (loss)     |   | $                  | 0.04    |   |               | $      | (0.03 | ) |   | $ | (0.18 | ) |   | $ | (0.17 | ) |
|                                                |   |               |    |   |               |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average shares:                            |   |               |    |   |               |   |   |   |   |   |   |   |   |   |   |   |
|      Basic                 |   |               | 62,742  |   |               |   | 62,742 |   |   |   | 62,116 |   |   |   | 62,116 |   |
|      Diluted               |   |               | 63,044  |   |               |   | 62,742 |   |   |   | 62,116 |   |   |   | 62,116 |   |

----

|            |   | April 2,2011 |    |   | January 1, 2011 |   |
|-----------------|--------|--------------|---------|--------|-----------------|--------|
| Raw materials   |   | $            | 75,370  |   |            | $      | 66,390 |   |
| Work in process |   |         | 22,938  |   |            |   | 28,468 |   |
| Finished goods  |   |         | 76,737  |   |            |   | 54,293 |   |
|            |   | $            | 175,045 |   |            | $      | 149,151 |   |

----

|   | Property, plant and equipment are as follows (in thousands): |
|--------|--------------------------------------------------------------|

|                                |   | April 2,2011 |     |   | January 1, 2011 |   |
|-------------------------------------|--------|--------------|----------|--------|-----------------|--------|
| Land and land improvements          |   | $            | 20,968   |   |            | $      | 16,023 |   |
| Buildings and building improvements |   |         | 117,429  |   |            |   | 105,757 |   |
| Machinery and equipment             |   |         | 626,328  |   |            |   | 608,601 |   |
| Furniture and fixtures              |   |         | 12,543   |   |            |   | 11,823 |   |
| Construction in progress            |   |         | 4,857    |   |            |   | 7,799 |   |
|                                |   |         | 782,125  |   |            |   | 750,003 |   |
| Accumulated depreciation            |   |         | (411,867 | )      |            |   | (402,082 | ) |
|                                |   | $            | 370,258  |   |            | $      | 347,921 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | Envelopes, Formsand Labels |    |   | CommercialPrinting |   |   | Total  |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|---------|--------|--------------------|--------|--------|--------|--------|
| Balance as of January 1, 2011                                                                               |   | $                          | 152,866 |   |               | $      | 56,295 |   |   | $ | 209,161 |   |
|   Acquisition                                                                                     |   |                       | — |   |               |   | (373   | )      |   |   | (373 | ) |
|   Foreign currency translation                                                                    |   |                       | — |   |               |   | 183    |   |   |   | 183 |   |
| Balance as of April 2, 2011                                                                                 |   | $                          | 152,866 |   |               | $      | 56,105 |   |   | $ | 208,971 |   |

----

|                                         |   |                                                   |     |   | April 2, 2011       |   |    | January 1, 2011   |   |
|----------------------------------------------|--------|--------------------------------------------------------|----------|--------|---------------------|--------|---------|-------------------|--------|
|                                         |   | Weighted Average Remaining Amortization Period (Years) |     |   | GrossCarryingAmount |   |    | Impairment Charge |   |   | AccumulatedAmortization |   |   | NetCarryingAmount |   |   | GrossCarryingAmount |   |   | Impairment Charge |   |   | AccumulatedAmortization |   |   | NetCarryingAmount |   |
| Intangible assets with determinable lives:   |   |                                                   |     |   |                |   |    |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Customer relationships                       |   |                                                   | 13       |   |                | $      | 179,763 |              |   | $ | (27,234 | ) |   | $ | (50,663 | ) |   | $ | 101,866 |   |   | $ | 179,722 |   |   | $ | (27,234 | ) |   | $ | (48,308 | ) |   | $ | 104,180 |   |
| Trademarks and    trade names |   |                                                   | 21       |   |                |   | 26,261  |              |   |   | — |   |   |   | (6,244 | ) |   |   | 20,017 |   |   |   | 25,261 |   |   |   | — |   |   |   | (5,934 | ) |   |   | 19,327 |   |
| Patents                                      |   |                                                   |   8 |   |                |   | 3,528   |              |   |   | — |   |   |   | (2,359 | ) |   |   | 1,169 |   |   |   | 3,028 |   |   |   | — |   |   |   | (2,292 | ) |   |   | 736 |   |
| Non-compete agreements                       |   |                                                   |  2  |   |                |   | 1,120   |              |   |   | — |   |   |   | (978 | ) |   |   | 142 |   |   |   | 1,616 |   |   |   | — |   |   |   | (1,444 | ) |   |   | 172 |   |
| Other                                        |   |                                                   |  7  |   |                |   | 600     |              |   |   | — |   |   |   | (108 | ) |   |   | 492 |   |   |   | 802 |   |   |   | — |   |   |   | (293 | ) |   |   | 509 |   |
|                                         |   |                                                   |     |   |                |   | 211,272 |              |   |   | (27,234 | ) |   |   | (60,352 | ) |   |   | 123,686 |   |   |   | 210,429 |   |   |   | (27,234 | ) |   |   | (58,271 | ) |   |   | 124,924 |   |
|                                         |   |                                                   |     |   |                |   |    |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Intangible assets with indefinite lives:     |   |                                                   |     |   |                |   |    |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Trademarks                                   |   |                                                   |     |   |                |   | 143,500 |              |   |   | (22,000 | ) |   |   | — |   |   |   | 121,500 |   |   |   | 143,500 |   |   |   | (22,000 | ) |   |   | — |   |   |   | 121,500 |   |
| Total                                        |   |                                                   |     |   |                | $      | 354,772 |              |   | $ | (49,234 | ) |   | $ | (60,352 | ) |   | $ | 245,186 |   |   | $ | 353,929 |   |   | $ | (49,234 | ) |   | $ | (58,271 | ) |   | $ | 246,424 |   |

|   |   | Annual Estimated Expense |   |
|--------|--------|--------------------------|--------|
| 2011   |   | $                        | 11,077 |   |
| 2012   |   |                     | 10,961 |   |
| 2013   |   |                     | 10,699 |   |
| 2014   |   |                     | 10,487 |   |
| 2015   |   |                     | 10,314 |   |

|                                                                                                                                        |   | April 2,2011 |      |   | January 1,2011 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|-----------|--------|----------------|--------|
| Revolving credit facility, due 2014                                                                                                         |   | $            | 24,000    |   |           | $      | — |   |
| 77⁄8% senior subordinated notes, due 2013                                                                                               |   |         | 296,270   |   |           |   | 296,270 |   |
| 83⁄8% senior subordinated notes, due 2014 ($32.2 million outstanding principal amount as ofApril 2, 2011 and January 1, 2011)           |   |         | 32,584    |   |           |   | 32,610 |   |
| Term loan B, due 2016 ($379.1 million and $380.0 million outstanding principal amount as ofApril 2, 2011 and January 1, 2011, respectively) |   |         | 375,408   |   |           |   | 376,200 |   |
| 101⁄2% senior notes, due 2016                                                                                                            |   |         | 170,000   |   |           |   | 170,000 |   |
| 87⁄8% senior second lien notes, due 2018 ($400.0 million outstanding principal amount as ofApril 2, 2011 and January 1, 2011)      |   |         | 397,497   |   |           |   | 397,432 |   |
| Other debt including capital leases                                                                                                         |   |         | 19,980    |   |           |   | 21,491 |   |
|                                                                                                                                        |   |         | 1,315,739 |   |           |   | 1,294,003 |   |
| Less current maturities                                                                                                                     |   |         | (23,623   | )      |           |   | (10,098 | ) |
| Long-term debt                                                                                                                              |   | $            | 1,292,116 |   |           | $      | 1,283,905 |   |

----

|                                                            |   | April 2,2011 |   |   | January 1, 2011 |   |
|-----------------------------------------------------------------|--------|--------------|--------|--------|-----------------|--------|
|                                                            |   |         |   |   |            |   |
| Current Liabilities:                                            |   |         |   |   |            |   |
|      Interest Rate Swaps (ineffective) |   | $            | 423    |   |            | $      | 2,222 |   |

----

|                                 |   | April 2, 2011 |    |   | January 1, 2011 |   |
|--------------------------------------|--------|---------------|---------|--------|-----------------|--------|
|                                 |   | CarryingValue |    |   | FairValue       |   |   | CarryingValue |   |   | FairValue |   |
| Cash and cash equivalents            |   | $             | 9,525   |   |            | $      | 9,525 |   |   | $ | 49,756 |   |   | $ | 49,756 |   |
| Accounts receivable, net             |   |          | 289,362 |   |            |   | 289,362 |   |   |   | 263,364 |   |   |   | 263,364 |   |
| Current maturities of long-term debt |   |          | 23,623  |   |            |   | 23,623 |   |   |   | 10,098 |   |   |   | 10,098 |   |
| Accounts payable                     |   |          | 183,087 |   |            |   | 183,087 |   |   |   | 166,468 |   |   |   | 166,468 |   |

----

|                           |   | Pension andPostretirement Plans |   |
|--------------------------------|--------|---------------------------------|--------|
|                           |   | Three Months Ended              |   |
|                           |   | April 2,2011                    |   |   | April 3, 2010 |   |
| Service cost                   |   | $                               | 288    |   |   | $ | 244 |   |
| Interest cost                  |   |                            | 3,770  |   |   |   | 3,923 |   |
| Expected return on plan assets |   |                            | (4,089 | ) |   |   | (3,614 | ) |
| Net amortization and deferral  |   |                            | (1     | ) |   |   | 1 |   |
| Recognized net actuarial loss  |   |                            | 316    |   |   |   | 560 |   |
| Net periodic expense           |   | $                               | 284    |   |   | $ | 1,114 |   |

|                           | Options   |   |   | WeightedAverageExercisePrice |   | WeightedAverageRemainingContractualTerm (InYears) |   | AggregateIntrinsicValue(a)(InThousands) |   |
|--------------------------------|-----------|--------|--------|------------------------------|--------|---------------------------------------------------|--------|-----------------------------------------|--------|
| Outstanding at January 1, 2011 | 3,805,224 |   |   | $                            | 10.70  |                                              | 3.1    |                                    | $      | 1,075 |   |
| Granted                        | 590,000   |   |   |                         | 5.62   |                                              |   |                                    |   |   |   |
| Exercised                      | (45,575   | )      |   |                         | 4.15   |                                              |   |                                    | $      | 88 |   |
| Forfeited                      | (36,325   | )      |   |                         | 5.86   |                                              |   |                                    |   |   |   |
| Outstanding at April 2, 2011   | 4,313,324 |   |   | $                            | 10.11  |                                              | 3.3    |                                    | $      | 2,990 |   |
| Exercisable at April 2, 2011   | 2,335,074 |   |   | $                            | 13.42  |                                              | 1.9    |                                    | $      | 639 |   |

| (a) | Intrinsic value for purposes of this table represents the amount by which the fair value of the underlying stock, based on the respective market prices at April 2, 2011 or, if exercised, the exercise dates, exceeds the exercise prices of the respective options. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 10. Stock-Based Compensation (Continued) |
|------------------------------------------|

| Weighted average fair value of option grants |   | $      | 2.28   |   |
|----------------------------------------------|--------|--------|--------|--------|
| Assumptions:                                 |   |   |   |   |
| Expected option life in years                |   |   | 4.25   |   |
| Risk-free interest rate                      |   |   | 1.46   | %      |
| Expected volatility                          |   |   | 49.1   | %      |
| Expected dividend yield                      |   |   | 0.0    | %      |

|                        |   | Restricted Shares |    |   | RSUs                                 |   |
|-----------------------------|--------|-------------------|---------|--------|--------------------------------------|--------|
|                        |   | Shares            |    |   | Weighted AverageGrant DateFair Value |   |   | Shares |   |   | Weighted AverageGrant DateFair Value |   |
| Unvested at January 1, 2011 |   |              | 25,300  |   |                                 | $      | 6.53 |   |   |   | 1,720,674 |   |   | $ | 8.13 |   |
| Granted                     |   |              | — |   |                                 |   | — |   |   |   | 806,084 |   |   |   | 5.62 |   |
| Vested                      |   |              | — |   |                                 |   | — |   |   |   | (3,750 | ) |   |   | 9.49 |   |
| Forfeited                   |   |              | — |   |                                 |   | — |   |   |   | — |   |   |   | — |   |
| Unvested at April 2, 2011   |   |              | 25,300  |   |                                 | $      | 6.53 |   |   |   | 2,523,008 |   |   | $ | 7.33 |   |

----

|                                       |                          |   | EmployeeSeparationCosts |    |   | Asset Impairmentsnet of gain on sale |   |    | EquipmentMovingExpenses |   |   | LeaseTerminationExpenses |   |   | BuildingClean-up &Other Expenses |    |   | Total  |   |
|--------------------------------------------|-------------------------------|--------|-------------------------|---------|--------|--------------------------------------|--------|---------|-------------------------|--------|--------|--------------------------|--------|--------|--------------------------------------|---------|--------|--------|--------|
| Envelopes, Forms and Labels                |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                 |    |   |   |
|                                       | 2009 Plan                     |   | $                       | 388     |   |                                 | $      | — |                    |   | $      | —                  |   |   | $                                    | 43      |   |   | $      | 78 |   |   | $ | 509 |   |
|                                       | 2007 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                 | 7       |   |   |   | (32 | ) |   |   | (25 | ) |
|                                       | 2005 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                 | — |   |   |   | 40 |   |   |   | 40 |   |
|                                       | Acquisition Integration Plans |   |                    | 252     |   |                                 |   | 43      |                    |   |   | 297                      |   |   |                                 | 4       |   |   |   | 145 |   |   |   | 741 |   |
| Total Envelopes, Forms and Labels          |                          |   | 640                     |    |   |                                 | 43     |    |                    |   | 297    |                     |   |   | 54                                   |    |   |   | 231    |   |   |   | 1,265 |   |
|                                       |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                 |    |   |   |   |   |   |   |   |   |   |
| Commercial Printing                        |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                 |    |   |   |   |   |   |   |   |   |   |
|                                       | 2009 Plan                     |   |                    | (158    | )      |                                 |   | 936     |                    |   |   | 396                      |   |   |                                 | 496     |   |   |   | 663 |   |   |   | 2,333 |   |
|                                       | 2007 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                 | 26      |   |   |   | 105 |   |   |   | 131 |   |
|                                       | 2005 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                 | 3       |   |   |   | — |   |   |   | 3 |   |
|                                       | Acquisition Integration Plans |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                 | — |   |   |   | — |   |   |   | — |   |
| Total Commercial Printing                  |                          |   | (158                    | )       |   |                                 | 936    |    |                    |   | 396    |                     |   |   | 525                                  |    |   |   | 768    |   |   |   | 2,467 |   |
|                                       |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                 |    |   |   |   |   |   |   |   |   |   |
| Corporate                                  |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                 |    |   |   |   |   |   |   |   |   |   |
|                                       | 2009 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                 | 5       |   |   |   | 32 |   |   |   | 37 |   |
|                                       | 2005 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                 | 58      |   |   |   | — |   |   |   | 58 |   |
| Total Corporate                            |                          |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                 | 63      |   |   |   | 32 |   |   |   | 95 |   |
| Total Restructuring and Impairment Charges |                          | $      | 482                     |    |   | $                                    | 979    |    |                    | $      | 693    |                     |   | $      | 642                                  |    |   | $      | 1,031  |   |   | $ | 3,827 |   |

----

|                                         |                          |   | EmployeeSeparationCosts |    |   | Asset Impairmentsnet of gain on sale |   |    | EquipmentMovingExpenses |   |   | LeaseTerminationExpenses |   |   | Multi-employer PensionWithdrawal Expenses |   |   | Building Clean-up &Other Expenses |    |    | Total  |   |
|----------------------------------------------|-------------------------------|--------|-------------------------|---------|--------|--------------------------------------|--------|---------|-------------------------|--------|--------|--------------------------|--------|--------|-------------------------------------------|--------|--------|---------------------------------------|---------|---------|--------|--------|
| Envelopes, Forms and Labels                  |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                      |   |   |                                  |    |    |   |
|                                         | 2009 Plan                     |   | $                       | 852     |   |                                 | $      | 80      |                    |   | $      | 150                      |   |   | $                                         | 51     |   |                                  | $       | 1,588   |   |   | $ | 255 |   |   | $ | 2,976 |   |
|                                         | 2007 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                      | 68     |   |                                  |    | — |   |   |   | 14 |   |   |   | 82 |   |
|                                         | 2005 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                      | (73    | )      |                                  |    | — |   |   |   | — |   |   |   | (73 | ) |
|                                         | Acquisition Integration Plans |   |                    | 139     |   |                                 |   | — |                    |   |   | 252                      |   |   |                                      | 133    |   |                                  |    | — |   |   |   | 77 |   |   |   | 601 |   |
| Total  Envelopes, Forms and Labels |                          |   | 991                     |    |   |                                 | 80     |    |                    |   | 402    |                     |   |   | 179                                       |   |   |                                  | 1,588   |    |   |   | 346 |   |   |   | 3,586 |   |
|                                         |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                      |   |   |                                  |    |    |   |   |   |   |   |   |   |   |   |
| Commercial Printing                          |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                      |   |   |                                  |    |    |   |   |   |   |   |   |   |   |   |
|                                         | 2009 Plan                     |   |                    | 2,138   |   |                                 |   | 393     |                    |   |   | 521                      |   |   |                                      | 1,309  |   |                                  |    | — |   |   |   | 1,283 |   |   |   | 5,644 |   |
|                                         | 2007 Plan                     |   |                    | — |   |                                 |   | 74      |                    |   |   | —                  |   |   |                                      | (181   | )      |                                  |    | — |   |   |   | 108 |   |   |   | 1 |   |
|                                         | 2005 Plan                     |   |                    | — |   |                                 |   | (165    | )                       |   |   | —                  |   |   |                                      | (50    | )      |                                  |    | — |   |   |   | 113 |   |   |   | (102 | ) |
| Total Commercial Printing                    |                          |   | 2,138                   |    |   |                                 | 302    |    |                    |   | 521    |                     |   |   | 1,078                                     |   |   |                                  | — |    |   |   | 1,504 |   |   |   | 5,543 |   |
|                                         |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                      |   |   |                                  |    |    |   |   |   |   |   |   |   |   |   |
| Corporate                                    |                          |   |                    |    |   |                                 |   |    |                    |   |   |                     |   |   |                                      |   |   |                                  |    |    |   |   |   |   |   |   |   |   |   |
|                                         | 2009 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                      | 345    |   |                                  |    | — |   |   |   | 101 |   |   |   | 446 |   |
|                                         | 2005 Plan                     |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                      | 52     |   |                                  |    | — |   |   |   | — |   |   |   | 52 |   |
| Total Corporate                              |                          |   |                    | — |   |                                 |   | — |                    |   |   | —                  |   |   |                                      | 397    |   |                                  |    | — |   |   |   | 101 |   |   |   | 498 |   |
| Total Restructuring and Impairment Charges   |                          | $      | 3,129                   |    |   | $                                    | 382    |    |                    | $      | 923    |                     |   | $      | 1,654                                     |   |   | $                                     | 1,588   |    |   | $      | 1,951 |   |   | $ | 9,627 |   |

----

|    2009 Plan   |   |   | LeaseTermination |   |   | EmployeeSeparationCosts |   |   | PensionWithdrawalLiabilities |   |   | BuildingClean-up & OtherExpenses |   |   | Total   |
|-------------------------------|--------|--------|------------------|--------|--------|-------------------------|--------|--------|------------------------------|--------|--------|--------------------------------------|--------|--------|---------|
| Balance as of January 1, 2011 |   | $      | 4,397            |   | $      | 1,333                   |   | $      | 19,512                       |   | $      | —                              |   | $      | 25,242  |
| Accruals, net                 |   |   | 544              |   |   | 230                     |   |   | —                      |   |   | 773                                  |   |   | 1,547   |
| Payments                      |   |   | (1,689)          |   |   | (533)                   |   |   | (160)                        |   |   | (773)                                |   |   | (3,155) |
| Balance as of April 2, 2011   |   | $      | 3,252            |   | $      | 1,030                   |   | $      | 19,352                       |   | $      | —                              |   | $      | 23,634  |
|                          |   |   |             |   |   |                    |   |   |                         |   |   |                                 |   |   |    |
|    2007 Plan   |   |   | LeaseTermination |   |   | EmployeeSeparationCosts |   |   | PensionWithdrawalLiabilities |   |   | BuildingClean-up & OtherExpenses |   |   | Total   |
| Balance as of January 1, 2011 |   | $      | 1,113            |   | $      | —                 |   | $      | 3,230                        |   | $      | —                              |   | $      | 4,343   |
| Accruals, net                 |   |   | 33               |   |   | —                 |   |   | —                      |   |   | 73                                   |   |   | 106     |
| Payments                      |   |   | (167)            |   |   | —                 |   |   | (106)                        |   |   | (73)                                 |   |   | (346)   |
| Balance as of April 2, 2011   |   | $      | 979              |   | $      | —                 |   | $      | 3,124                        |   | $      | —                              |   | $      | 4,103   |

|    2005 Plan                     |   |   | LeaseTermination |   |   | EmployeeSeparationCosts |   |   | PensionWithdrawalLiabilities |   |   | BuildingClean-up & OtherExpenses |   |   | Total   |
|-------------------------------------------------|--------|--------|------------------|--------|--------|-------------------------|--------|--------|------------------------------|--------|--------|--------------------------------------|--------|--------|---------|
| Balance as of January 1, 2011                   |   | $      | 959              |   | $      | —                 |   | $      | 46                           |   | $      | —                              |   | $      | 1,005   |
| Accruals, net                                   |   |   | 61               |   |   | —                 |   |   | —                      |   |   | 40                                   |   |   | 101     |
| Payments                                        |   |   | (1,020)          |   |   | —                 |   |   | —                      |   |   | (40)                                 |   |   | (1,060) |
| Balance as of April 2, 2011                     |   | $      | —          |   | $      | —                 |   | $      | 46                           |   | $      | —                              |   | $      | 46      |
|                                            |   |   |             |   |   |                    |   |   |                         |   |   |                                 |   |   |    |
|    Acquisition Integration Plans |   |   | LeaseTermination |   |   | EmployeeSeparationCosts |   |   | PensionWithdrawalLiabilities |   |   | BuildingClean-up & OtherExpenses |   |   | Total   |
| Balance as of January 1, 2011                   |   | $      | 1,643            |   | $      | 227                     |   | $      | —                      |   | $      | —                              |   | $      | 1,870   |
| Accruals, net                                   |   |   | 21               |   |   | 252                     |   |   | —                      |   |   | 145                                  |   |   | 418     |
| Payments                                        |   |   | (170)            |   |   | (178)                   |   |   | —                      |   |   | (145)                                |   |   | (493)   |
| Balance as of April 2, 2011                     |   | $      | 1,494            |   | $      | 301                     |   | $      | —                      |   | $      | —                              |   | $      | 1,795   |

----

|                                         |   | Three Months Ended |   |
|----------------------------------------------|--------|--------------------|--------|
|                                         |   | April 2,2011       |   |   | April 3,2010 |   |
| Net income (loss)                            |   | $                  | 2,784  |   |   | $ | (11,108 | ) |
| Other comprehensive income:                  |   |               |   |   |   |   |   |   |
| Unrealized gain on cash flow hedges (Note 6) |   |               | 1,105  |   |   |   | 2,177 |   |
| Currency translation adjustment              |   |               | 1,232  |   |   |   | 1,656 |   |
| Comprehensive income (loss)                  |   | $                  | 5,121  |   |   | $ | (7,275 | ) |

|                                                     |   | Three Months Ended |    |
|----------------------------------------------------------|--------|--------------------|---------|
|                                                     |   | April 2,2011       |    |   | April 3,2010 |   |
| Numerator for basic and diluted income (loss) per share: |   |               |    |   |   |   |
| Income (loss) from continuing operations                 |   | $                  | 2,784   |   |   | $ | (11,021 | ) |
| Loss from discontinued operations, net of taxes          |   |               | — |   |   |   | (87 | ) |
| Net income (loss)                                        |   | $                  | 2,784   |   |   | $ | (11,108 | ) |
|                                                     |   |               |    |   |   |   |   |   |
| Denominator weighted average common shares outstanding:  |   |               |    |   |   |   |   |   |
| Basic shares                                             |   |               | 62,742  |   |   |   | 62,116 |   |
| Dilutive effect of stock options and RSUs                |   |               | 302     |   |   |   | — |   |
| Diluted shares                                           |   |               | 63,044  |   |   |   | 62,116 |   |
|                                                     |   |               |    |   |   |   |   |   |
| Income (loss) per share – basic and diluted:       |   |               |    |   |   |   |   |   |
| Continuing operations                                    |   | $                  | 0.04    |   |   | $ | (0.18 | ) |
| Discontinued operations                                  |   |               | — |   |   |   | — |   |
| Net income (loss)                                        |   | $                  | 0.04    |   |   | $ | (0.18 | ) |
|                                                     |   |               |    |   |   |   |   |   |

----

----

|   |                                               |   Three Months Ended |            |                |
|--------|----------------------------------------------------|---------------------------|-----------------|---------------------|
|   |                                               |   April 2,2011       |            |   April 3,2010 |   |   |
|   |                                               |                      |            |                |   |   |   |   |
|   | Net sales:                                         |                      |            |                |   |   |   |   |
|   | Envelopes, forms and labels                        | $                         | 279,874         |                | $ | 245,181 |   |   |
|   | Commercial printing                                |                      | 223,191         |                |   | 208,753 |   |   |
|   | Total                                              | $                         | 503,065         |                | $ | 453,934 |   |   |
|   |                                               |                      |            |                | 38 |   |   |   |
|   | Operating income (loss):                           |                      |            |                |   |   |   |   |
|   | Envelopes, forms and labels                        | $                         | 22,802          |                | $ | 21,414 |   |   |
|   | Commercial printing                                |                      | 10,871          |                |   | (193 | ) |   |
|   | Corporate                                          |                      | (11,523         | )                   |   | (9,030 | ) |   |
|   | Total                                              | $                         | 22,150          |                | $ | 12,191 |   |   |
|   |                                               |                      |            |                |   |   |   |   |
|   | Restructuring and impairment charges:              |                      |            |                |   |   |   |   |
|   | Envelopes, forms and labels                        | $                         | 1,265           |                | $ | 3,586 |   |   |
|   | Commercial printing                                |                      | 2,467           |                |   | 5,543 |   |   |
|   | Corporate                                          |                      | 95              |                |   | 498 |   |   |
|   | Total                                              | $                         | 3,827           |                | $ | 9,627 |   |   |
|   |                                               |                      |            |                |   |   |   |   |
|   | Net sales by product line:                         |                      |            |                |   |   |   |   |
|   | Envelopes                                          | $                         | 169,029         |                | $ | 130,754 |   |   |
|   | Commercial printing                                |                      | 162,785         |                |   | 145,473 |   |   |
|   | Journals and periodicals                           |                      | 60,133          |                |   | 63,097 |   |   |
|   | Labels and business forms                          |                      | 111,118         |                |   | 114,610 |   |   |
|   | Total                                              | $                         | 503,065         |                | $ | 453,934 |   |   |
|   | Intercompany sales:                                |                      |            |                |   |   |   |   |
|   | Envelopes, forms and labels to commercial printing | $                         | 1,251           |                | $ | 1,282 |   |   |
|   | Commercial printing to envelopes, forms and labels |                      | 1,155           |                |   | 784 |   |   |
|   | Total                                              | $                         | 2,406           |                | $ | 2,066 |   |   |
|   |                                               |                      |            |                |   |   |   |   |
|   |                                               |                      |            |                |   |   |   |   |
|   |                                               |                      | April 2,2011    |                |   | January 1, 2011 |   |   |
|   | Identifiable assets:                               |                      |            |                |   |   |   |   |
|   | Envelopes, forms and labels                        | $                         | 765,301         |                | $ | 665,079 |   |   |
|   | Commercial printing                                |                      | 608,994         |                |   | 627,982 |   |   |
|   | Corporate                                          |                      |  65,180    |                |   | 104,669 |   |   |
|   | Total                                              |  $                   |  1,439,475 |                | $ | 1,397,730 |   |   |

----

----

|                                                                               |   | Parent  |          |   | Subsidiary |   |      | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|------------------------------------------------------------------------------------|--------|---------|---------------|--------|------------|--------|-----------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                               |   | Company |          |   | Issuer     |   |      | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
|                                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |
| Assets                                                                             |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |
| Current assets:                                                                    |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |
|     Cash and cash equivalents                                  |   | $       | —       |   |       | $      | 7,523     |         |   | $      | 761           |   |   | $            | 1,241   |   |         | $      | — |   |   | $ | 9,525 |   |
|     Accounts receivable, net                                   |   |    | —       |   |       |   | 100,230   |         |   |   | 182,705       |   |   |         | 6,427   |   |         |   | — |   |   |   | 289,362 |   |
|     Inventories                                                |   |    | —       |   |       |   | 69,362    |         |   |   | 104,220       |   |   |         | 1,463   |   |         |   | — |   |   |   | 175,045 |   |
|     Notes receivable from subsidiaries                         |   |    | —       |   |       |   | 46,438    |         |   |   | —       |   |   |         | — |   |         |   | (46,438 | ) |   |   | — |   |
|     Prepaid and other current assets                           |   |    | —       |   |       |   | 53,485    |         |   |   | 10,327        |   |   |         | 5,136   |   |         |   | — |   |   |   | 68,948 |   |
|         Total current assets               |   |    | —       |   |       |   | 277,038   |         |   |   | 298,013       |   |   |         | 14,267  |   |         |   | (46,438 | ) |   |   | 542,880 |   |
|                                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Investment in subsidiaries                                                         |   |    | (333,533      | )      |       |   | 1,601,595 |         |   |   | 12,730        |   |   |         | 6,725   |   |         |   | (1,287,517 | ) |   |   | — |   |
| Property, plant and equipment, net                                                 |   |    | —       |   |       |   | 106,456   |         |   |   | 262,516       |   |   |         | 1,286   |   |         |   | — |   |   |   | 370,258 |   |
| Goodwill                                                                           |   |    | —       |   |       |   | 29,244    |         |   |   | 172,707       |   |   |         | 7,020   |   |         |   | — |   |   |   | 208,971 |   |
| Other intangible assets, net                                                       |   |    | —       |   |       |   | 7,087     |         |   |   | 235,051       |   |   |         | 3,048   |   |         |   | — |   |   |   | 245,186 |   |
| Other assets, net                                                                  |   |    | —       |   |       |   | 104,219   |         |   |   | (34,340       | )      |   |         | 2,301   |   |         |   | — |   |   |   | 72,180 |   |
|     Total assets                                               |   | $       | (333,533      | )      |       | $      | 2,125,639 |         |   | $      | 946,677       |   |   | $            | 34,647  |   |         | $      | (1,333,955 | ) |   | $ | 1,439,475 |   |
|                                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Liabilities and Shareholders’ (Deficit) Equity                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Current liabilities:                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
|     Current maturities of long-term debt                       |   | $       | —       |   |       | $      | 17,825    |         |   | $      | 5,798         |   |   | $            | — |   |         | $      | — |   |   | $ | 23,623 |   |
|     Accounts payable                                           |   |    | —       |   |       |   | 86,635    |         |   |   | 96,082        |   |   |         | 370     |   |         |   | — |   |   |   | 183,087 |   |
|     Accrued compensation and related liabilities               |   |    |  — |   |       |   | 23,082    |         |   |   | 15,902        |   |   |         | 269     |   |         |   |  — |   |   |   | 39,253 |   |
|     Other current liabilities                                  |   |    | —       |   |       |   | 59,348    |         |   |   | 26,795        |   |   |         | 2,654   |   |         |   | — |   |   |   | 88,797 |   |
|     Intercompany payable (receivable)                          |   |    | —       |   |       |   | 862,574   |         |   |   | (864,973      | )      |   |         | 2,399   |   |         |   | — |   |   |   | — |   |
|     Notes payable to issuer                                    |   |    | —       |   |       |   | —   |         |   |   | 36,938        |   |   |         | 9,500   |   |         |   | (46,438 | ) |   |   | — |   |
|         Total current liabilities          |   |    | —       |   |       |   | 1,049,464 |         |   |   | (683,458      | )      |   |         | 15,192  |   |         |   | (46,438 | ) |   |   | 334,760 |   |
|                                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Long-term debt                                                                     |   |    | —       |   |       |   | 1,277,960 |         |   |   | 14,156        |   |   |         | — |   |         |   | — |   |   |   | 1,292,116 |   |
| Other liabilities                                                                  |   |    | —       |   |       |   | 131,748   |         |   |   | 14,384        |   |   |         | — |   |         |   | — |   |   |   | 146,132 |   |
| Shareholders’ (deficit) equity                                               |   |    | (333,533      | )      |       |   | (333,533  | )            |   |   | 1,601,595     |   |   |         | 19,455  |   |         |   | (1,287,517 | ) |   |   | (333,533 | ) |
|     Total liabilities and shareholders’ (deficit) equity |   | $       | (333,533      | )      |       | $      | 2,125,639 |         |   | $      | 946,677       |   |   | $            | 34,647  |   |         | $      | (1,333,955 | ) |   | $ | 1,439,475 |   |

----

|                                                                                                                                |   | Parent  |    |   | Subsidiary |   |    | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|-------------------------------------------------------------------------------------------------------------------------------------|--------|---------|---------|--------|------------|--------|---------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                                                                                |   | Company |    |   | Issuer     |   |    | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
|                                                                                                                                |   |    |    |   |       |   |    |         |   |   |          |   |   |         |    |   |         |   |
| Net sales                                                                                                                           |   | $       | — |   |       | $      | 183,183 |         |   | $      | 313,267       |   |   | $            | 6,615   |   |         | $      | — |   |   | $ | 503,065 |   |
| Cost of sales                                                                                                                       |   |    | — |   |       |   | 154,058 |         |   |   | 255,290       |   |   |         | 4,473   |   |         |   | — |   |   |   | 413,821 |   |
| Selling, general and administrative expenses                                                                                        |   |    | — |   |       |   | 32,910  |         |   |   | 27,300        |   |   |         | 282     |   |         |   | — |   |   |   | 60,492 |   |
| Amortization of intangible assets                                                                                                   |   |    | — |   |       |   | 100     |         |   |   | 2,541         |   |   |         | 134     |   |         |   | — |   |   |   | 2,775 |   |
| Restructuring and impairment charges                                                                                                |   |    | — |   |       |   | 2,347   |         |   |   | 1,480         |   |   |         | — |   |         |   | — |   |   |   | 3,827 |   |
|   Operating income (loss)                                                                                                 |   |    | — |   |       |   | (6,232  | )            |   |   | 26,656        |   |   |         | 1,726   |   |         |   | — |   |   |   | 22,150 |   |
| Gain on bargain purchase                                                                                                            |   |    | — |   |       |   | (10,539 | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (10,539 | ) |
| Interest expense (income), net                                                                                                      |   |    | — |   |       |   | 30,012  |         |   |   | 228           |   |   |         | (23     | )      |         |   | — |   |   |   | 30,217 |   |
| Intercompany interest expense (income)                                                                                              |   |    | — |   |       |   | (311    | )            |   |   | 256           |   |   |         | 55      |   |         |   | — |   |   |   | — |   |
| Other (income) expense, net                                                                                                         |   |    | — |   |       |   | (354    | )            |   |   | 498           |   |   |         | 45      |   |         |   | — |   |   |   | 189 |   |
|   Income (loss) from continuing operations before income taxes and equity in income (loss) of unconsolidated subsidiaries |   |    | — |   |       |   | (25,040 | )            |   |   | 25,674        |   |   |         | 1,649   |   |         |   | — |   |   |   | 2,283 |   |
| Income tax expense (benefit)                                                                                                        |   |    | — |   |       |   | 2,731   |         |   |   | (3,481        | )      |   |         | 249     |   |         |   | — |   |   |   | (501 | ) |
|   Income (loss) from continuing operations before equity in income of unconsolidated subsidiaries                         |   |    | — |   |       |   | (27,771 | )            |   |   | 29,155        |   |   |         | 1,400   |   |         |   | — |   |   |   | 2,784 |   |
| Equity in income (loss) of unconsolidated subsidiaries                                                                              |   |    | 2,784   |   |       |   | 30,555  |         |   |   | 1,400         |   |   |         | — |   |         |   | (34,739 | ) |   |   | — |   |
| Net income (loss)                                                                                                                   |   | $       | 2,784   |   |       | $      | 2,784   |         |   | $      | 30,555        |   |   | $            | 1,400   |   |         | $      | (34,739 | ) |   | $ | 2,784 |   |

----

|                                                         |   | Parent  |    |   | Subsidiary |   |    | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|--------------------------------------------------------------|--------|---------|---------|--------|------------|--------|---------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                         |   | Company |    |   | Issuer     |   |    | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
| Cash flows from operating activities:                        |   |    |    |   |       |   |    |         |   |   |          |   |   |         |    |   |         |   |
| Net cash (used in) provided by operating activities          |   | $       | 2,508   |   |       | $      | (34,475 | )            |   | $      | 27,347        |   |   | $            | (905    | )      |         | $      | — |   |   | $ | (5,525 | ) |
| Cash flows from investing activities:                        |   |    |    |   |       |   |    |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Cost of business acquisitions, net of cash acquired          |   |    | — |   |       |   | (55,261 | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (55,261 | ) |
| Capital expenditures                                         |   |    | — |   |       |   | (2,471  | )            |   |   | (1,592        | )      |   |         | — |   |         |   | — |   |   |   | (4,063 | ) |
| Proceeds from sale of property, plant and equipment          |   |    | — |   |       |   | 1,214   |         |   |   | 1,704         |   |   |         | — |   |         |   | — |   |   |   | 2,918 |   |
| Net cash (used in) provided by investing activities     |   |    | — |   |       |   | (56,518 | )            |   |   | 112           |   |   |         | — |   |         |   | — |   |   |   | (56,406 | ) |
| Cash flows from financing activities:                        |   |    |    |   |       |   |    |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Borrowings under revolving credit facility due 2014          |   |    | — |   |       |   | 24,000  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 24,000 |   |
| Proceeds from exercise of stock options                      |   |    | 168     |   |       |   | — |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 168 |   |
| Repayments of other long-term debt                           |   |    | — |   |       |   | (174    | )            |   |   | (1,337        | )      |   |         | — |   |         |   | — |   |   |   | (1,511 | ) |
| Repayment of term loan B due 2016                            |   |    | — |   |       |   | (950    | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (950 | ) |
| Intercompany advances                                        |   |    | (2,676  | )      |       |   | 28,758  |         |   |   | (26,327       | )      |   |         | 245     |   |         |   | — |   |   |   | — |   |
| Net cash (used in) provided by financing activities          |   |    | (2,508  | )      |       |   | 51,634  |         |   |   | (27,664       | )      |   |         | 245     |   |         |   | — |   |   |   | 21,707 |   |
| Effect of exchange rate changes on cash and cash equivalents |   |    | — |   |       |   | — |         |   |   | (44           | )      |   |         | 37      |   |         |   | — |   |   |   | (7 | ) |
| Net decrease in cash and cash equivalents                    |   |    | — |   |       |   | (39,359 | )            |   |   | (249          | )      |   |         | (623    | )      |         |   | — |   |   |   | (40,231 | ) |
| Cash and cash equivalents at beginning of period             |   |    | — |   |       |   | 46,882  |         |   |   | 1,010         |   |   |         | 1,864   |   |         |   | — |   |   |   | 49,756 |   |
| Cash and cash equivalents at end of period                   |   | $       | — |   |       | $      | 7,523   |         |   | $      | 761           |   |   | $            | 1,241   |   |         | $      | — |   |   | $ | 9,525 |   |

----

|                                                                               |   | Parent  |          |   | Subsidiary |   |      | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|------------------------------------------------------------------------------------|--------|---------|---------------|--------|------------|--------|-----------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                               |   | Company |          |   | Issuer     |   |      | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
|                                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |
| Assets                                                                             |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |
| Current assets:                                                                    |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |
|     Cash and cash equivalents                                  |   | $       | —       |   |       | $      | 46,882    |         |   | $      | 1,010         |   |   | $            | 1,864   |   |         | $      | — |   |   | $ | 49,756 |   |
|     Accounts receivable, net                                   |   |    | —       |   |       |   | 104,071   |         |   |   | 154,340       |   |   |         | 4,953   |   |         |   | — |   |   |   | 263,364 |   |
|     Inventories                                                |   |    | —       |   |       |   | 68,080    |         |   |   | 79,676        |   |   |         | 1,395   |   |         |   | — |   |   |   | 149,151 |   |
|     Notes receivable from subsidiaries                         |   |    | —       |   |       |   | 46,438    |         |   |   | —       |   |   |         | — |   |         |   | (46,438 | ) |   |   | — |   |
|     Prepaid and other current assets                           |   |    | —       |   |       |   | 52,088    |         |   |   | 9,580         |   |   |         | 4,467   |   |         |   | — |   |   |   | 66,135 |   |
|         Total current assets               |   |    | —       |   |       |   | 317,559   |         |   |   | 244,606       |   |   |         | 12,679  |   |         |   | (46,438 | ) |   |   | 528,406 |   |
|                                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Investment in subsidiaries                                                         |   |    | (341,331      | )      |       |   | 1,514,329 |         |   |   | 11,239        |   |   |         | 6,725   |   |         |   | (1,190,962 | ) |   |   | — |   |
| Property, plant and equipment, net                                                 |   |    | —       |   |       |   | 109,945   |         |   |   | 236,696       |   |   |         | 1,280   |   |         |   | — |   |   |   | 347,921 |   |
| Goodwill                                                                           |   |    | —       |   |       |   | 29,244    |         |   |   | 172,897       |   |   |         | 7,020   |   |         |   | — |   |   |   | 209,161 |   |
| Other intangible assets, net                                                       |   |    | —       |   |       |   | 7,188     |         |   |   | 236,054       |   |   |         | 3,182   |   |         |   | — |   |   |   | 246,424 |   |
| Other assets, net                                                                  |   |    | —       |   |       |   | 104,781   |         |   |   | (41,146       | )      |   |         | 2,183   |   |         |   | — |   |   |   | 65,818 |   |
|     Total assets                                               |   | $       | (341,331      | )      |       | $      | 2,083,046 |         |   | $      | 860,346       |   |   | $            | 33,069  |   |         | $      | (1,237,400 | ) |   | $ | 1,397,730 |   |
|                                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Liabilities and Shareholders’ (Deficit) Equity                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Current liabilities:                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
|     Current maturities of long-term debt                       |   | $       | —       |   |       | $      | 3,896     |         |   | $      | 6,202         |   |   | $            | — |   |         | $      | — |   |   | $ | 10,098 |   |
|     Accounts payable                                           |   |    | —       |   |       |   | 82,974    |         |   |   | 82,713        |   |   |         | 781     |   |         |   | — |   |   |   | 166,468 |   |
|     Accrued compensation and related liabilities               |   |    |  — |   |       |   | 17,385    |         |   |   | 12,915        |   |   |         | 372     |   |         |   |  — |   |   |   | 30,672 |   |
|     Other current liabilities                                  |   |    | —       |   |       |   | 71,158    |         |   |   | 25,015        |   |   |         | 2,298   |   |         |   | — |   |   |   | 98,471 |   |
|     Intercompany payable (receivable)                          |   |    | —       |   |       |   | 846,814   |         |   |   | (848,968      | )      |   |         | 2,154   |   |         |   | — |   |   |   | — |   |
|     Notes payable to issuer                                    |   |    | —       |   |       |   | —   |         |   |   | 36,938        |   |   |         | 9,500   |   |         |   | (46,438 | ) |   |   | — |   |
|         Total current liabilities          |   |    | —       |   |       |   | 1,022,227 |         |   |   | (685,185      | )      |   |         | 15,105  |   |         |   | (46,438 | ) |   |   | 305,709 |   |
|                                                                               |   |    |          |   |       |   |      |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Long-term debt                                                                     |   |    | —       |   |       |   | 1,268,816 |         |   |   | 15,089        |   |   |         | — |   |         |   | — |   |   |   | 1,283,905 |   |
| Other liabilities                                                                  |   |    | —       |   |       |   | 133,334   |         |   |   | 16,113        |   |   |         | — |   |         |   | — |   |   |   | 149,447 |   |
| Shareholders’ (deficit) equity                                               |   |    | (341,331      | )      |       |   | (341,331  | )            |   |   | 1,514,329     |   |   |         | 17,964  |   |         |   | (1,190,962 | ) |   |   | (341,331 | ) |
|     Total liabilities and shareholders’ (deficit) equity |   | $       | (341,331      | )      |       | $      | 2,083,046 |         |   | $      | 860,346       |   |   | $            | 33,069  |   |         | $      | (1,237,400 | ) |   | $ | 1,397,730 |   |

----

|                                                                                                                                |   | Parent  |    |   | Subsidiary |   |    | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|-------------------------------------------------------------------------------------------------------------------------------------|--------|---------|---------|--------|------------|--------|---------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                                                                                |   | Company |    |   | Issuer     |   |    | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
|                                                                                                                                |   |    |    |   |       |   |    |         |   |   |          |   |   |         |    |   |         |   |
| Net sales                                                                                                                           |   | $       | — |   |       | $      | 179,853 |         |   | $      | 269,242       |   |   | $            | 4,839   |   |         | $      | — |   |   | $ | 453,934 |   |
| Cost of sales                                                                                                                       |   |    | — |   |       |   | 154,318 |         |   |   | 217,638       |   |   |         | 3,234   |   |         |   | — |   |   |   | 375,190 |   |
| Selling, general and administrative expenses                                                                                        |   |    | — |   |       |   | 28,171  |         |   |   | 25,747        |   |   |         | 124     |   |         |   | — |   |   |   | 54,042 |   |
| Amortization of intangible assets                                                                                                   |   |    | — |   |       |   | 103     |         |   |   | 2,781         |   |   |         | — |   |         |   | — |   |   |   | 2,884 |   |
| Restructuring and impairment charges                                                                                                |   |    | — |   |       |   | 3,843   |         |   |   | 5,784         |   |   |         | — |   |         |   | — |   |   |   | 9,627 |   |
|   Operating income (loss)                                                                                                 |   |    | — |   |       |   | (6,582  | )            |   |   | 17,292        |   |   |         | 1,481   |   |         |   | — |   |   |   | 12,191 |   |
| Interest expense (income), net                                                                                                      |   |    | — |   |       |   | 29,260  |         |   |   | 356           |   |   |         | (2      | )      |         |   | — |   |   |   | 29,614 |   |
| Intercompany interest expense (income)                                                                                              |   |    | — |   |       |   | (241    | )            |   |   | 241           |   |   |         | — |   |         |   | — |   |   |   | — |   |
| Loss on early extinguishment of debt                                                                                                |   |    | — |   |       |   | 2,598   |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 2,598 |   |
| Other expense, net                                                                                                                  |   |    | — |   |       |   | 116     |         |   |   | 453           |   |   |         | 158     |   |         |   | — |   |   |   | 727 |   |
|   Income (loss) from continuing operations before income taxes and equity in income (loss) of unconsolidated subsidiaries |   |    | — |   |       |   | (38,315 | )            |   |   | 16,242        |   |   |         | 1,325   |   |         |   | — |   |   |   | (20,748 | ) |
| Income tax expense (benefit)                                                                                                        |   |    | — |   |       |   | (12,670 | )            |   |   | 2,948         |   |   |         | (5      | )      |         |   | — |   |   |   | (9,727 | ) |
|   Income (loss) from continuing operations before equity in income of unconsolidated subsidiaries                         |   |    | — |   |       |   | (25,645 | )            |   |   | 13,294        |   |   |         | 1,330   |   |         |   | — |   |   |   | (11,021 | ) |
| Equity in income (loss) of unconsolidated subsidiaries                                                                              |   |    | (11,108 | )      |       |   | 14,624  |         |   |   | 1,330         |   |   |         | — |   |         |   | (4,846 | ) |   |   | — |   |
|   Income (loss) from continuing operations                                                                                |   |    | (11,108 | )      |       |   | (11,021 | )            |   |   | 14,624        |   |   |         | 1,330   |   |         |   | (4,846 | ) |   |   | (11,021 | ) |
| Loss from discontinued operations, net of taxes                                                                                     |   |    | — |   |       |   | (87     | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (87 | ) |
| Net income (loss)                                                                                                                   |   | $       | (11,108 | )      |       | $      | (11,108 | )            |   | $      | 14,624        |   |   | $            | 1,330   |   |         | $      | (4,846 | ) |   | $ | (11,108 | ) |

----

|                                                                        |   | Parent  |    |   | Subsidiary |   |     | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|-----------------------------------------------------------------------------|--------|---------|---------|--------|------------|--------|----------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                        |   | Company |    |   | Issuer     |   |     | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
| Cash flows from operating activities:                                       |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |
| Net cash provided by (used in) operating activities                         |   | $       | 2,898   |   |       | $      | (7,687   | )            |   | $      | 8,710         |   |   | $            | 1,466   |   |         | $      | — |   |   | $ | 5,387 |   |
| Cash flows from investing activities:                                       |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Cost of business acquisitions, net of cash acquired                         |   |    | — |   |       |   | (6,829   | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (6,829 | ) |
| Capital expenditures                                                        |   |    | — |   |       |   | (1,129   | )            |   |   | (1,840        | )      |   |         | — |   |         |   | — |   |   |   | (2,969 | ) |
| Proceeds from sale of property, plant and equipment                         |   |    | — |   |       |   | 993      |         |   |   | 121           |   |   |         | — |   |         |   | — |   |   |   | 1,114 |   |
| Net cash used in investing activities                                  |   |    | — |   |       |   | (6,965   | )            |   |   | (1,719        | )      |   |         | — |   |         |   | — |   |   |   | (8,684 | ) |
| Cash flows from financing activities:                                       |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
| Proceeds from issuance of 87⁄8% senior second lien notes                |   |    | — |   |       |   | 397,204  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 397,204 |   |
| Proceeds from exercise of stock options                                     |   |    | 271     |   |       |   | —  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 271 |   |
| Repayment of term loans                                                     |   |    | — |   |       |   | (310,985 | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (310,985 | ) |
| Repayments under revolving credit facility due 2012                         |   |    | — |   |       |   | (22,500  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (22,500 | ) |
| Payment of refinancing or repurchase fees, redemption premiums and expenses |   |    | — |   |       |   | (13,009  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (13,009 | ) |
| Repayments of other long-term debt                                          |   |    | — |   |       |   | (21      | )            |   |   | (1,734        | )      |   |         | — |   |         |   | — |   |   |   | (1,755 | ) |
| Intercompany advances                                                       |   |    | (3,169  | )      |       |   | 9,865    |         |   |   | (6,351        | )      |   |         | (345    | )      |         |   | — |   |   |   | — |   |
| Net cash (used in) provided by financing activities                         |   |    | (2,898  | )      |       |   | 60,554   |         |   |   | (8,085        | )      |   |         | (345    | )      |         |   | — |   |   |   | 49,226 |   |
| Effect of exchange rate changes on cash and cash equivalents                |   |    | — |   |       |   | —  |         |   |   | 330           |   |   |         | 26      |   |         |   | — |   |   |   | 356 |   |
| Net increase (decrease) in cash and cash equivalents                        |   |    | — |   |       |   | 45,902   |         |   |   | (764          | )      |   |         | 1,147   |   |         |   | — |   |   |   | 46,285 |   |
| Cash and cash equivalents at beginning of period                            |   |    | — |   |       |   | 8,971    |         |   |   | 764           |   |   |         | 1,061   |   |         |   | — |   |   |   | 10,796 |   |
| Cash and cash equivalents at end of period                                  |   | $       | — |   |       | $      | 54,873   |         |   | $      | —       |   |   | $            | 2,208   |   |         | $      | — |   |   | $ | 57,081 |   |

----

Item 2

----

| ·   | Direct mail and customized envelopes developed for advertising, billing and remittance; |
|--------------------|-----------------------------------------------------------------------------------------|

| ·   | Custom labels and specialty forms; and |
|--------------------|----------------------------------------|

| ·   | Stock envelopes, labels and business forms. |
|--------------------|---------------------------------------------|

| ·   | High-end color printing of a wide range of premium products for multinational, national and regional customers; |
|--------------------|----------------------------------------------------------------------------------------------------------------------|

| ·   | General commercial printing products for regional and local customers; |
|--------------------|------------------------------------------------------------------------|

| ·   | STM journals, special interest and trade periodicals for not-for-profit organizations, educational institutions and specialty publishers; and |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Specialty packaging and high quality promotional materials for multinational, national and regional consumer products companies. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------|

----

----

|                                                         |   |                                    |    |   |          |   |
|--------------------------------------------------------------|--------|-----------------------------------------|---------|--------|---------------|--------|
|                                                         |   | Three Months Ended                      |    |
|                                                         |   | April 2, 2011                           |    |   | April 3, 2010 |   |
|                                                         |   | (in thousands, exceptper share amounts) |    |
|                                                         |   |                                    |    |   |          |   |
| Net sales                                                    |   | $                                       | 503,065 |   |          | $      | 453,934 |   |
| Operating income (loss):                                     |   |                                    |    |   |          |   |   |   |
| Envelopes, forms and labels                                  |   |                                    | 22,802  |   |          |   | 21,414 |   |
| Commercial printing                                          |   |                                    | 10,871  |   |          |   | (193 | ) |
| Corporate                                                    |   |                                    | (11,523 | )      |          |   | (9,030 | ) |
| Total operating income                                       |   |                                    | 22,150  |   |          |   | 12,191 |   |
| Gain on bargain purchase                                     |   |                                    | (10,539 | )      |          |   | — |   |
| Interest expense, net                                        |   |                                    | 30,217  |   |          |   | 29,614 |   |
| Loss on early extinguishment of debt                         |   |                                    | — |   |          |   | 2,598 |   |
| Other expense, net                                           |   |                                    | 189     |   |          |   | 727 |   |
| Income (loss) from continuing operations before income taxes |   |                                    | 2,283   |   |          |   | (20,748 | ) |
| Income tax benefit                                           |   |                                    | (501    | )      |          |   | (9,727 | ) |
| Income (loss) from continuing operations                     |   |                                    | 2,784   |   |          |   | (11,021 | ) |
| Loss from discontinued operations, net of taxes              |   |                                    | — |   |          |   | (87 | ) |
| Net income (loss)                                            |   | $                                       | 2,784   |   |          | $      | (11,108 | ) |
| Income (loss) per share−basic and diluted:             |   |                                    |    |   |          |   |   |   |
| Continuing operations                                        |   | $                                       | 0.04    |   |          | $      | (0.18 | ) |
| Discontinued operations                                      |   |                                    | — |   |          |   | — |   |
| Net income (loss)                                            |   | $                                       | 0.04    |   |          | $      | (0.18 | ) |

----

|                                       | Three Months Ended |           |          |
|--------------------------------------------|--------------------|----------------|---------------|
|                                       | April 2, 2011      |           | April 3, 2010 |   |   |
|                                       |               | (in thousands) |          |   |
|                                       |               |           |          |   |   |   |   |
| Income tax benefit from U.S. operations    | $                  | (1,190         | )             | $ | (10,020 | ) |   |
| Income tax expense from foreign operations |               | 689            |          |   | 293 |   |   |
| Income tax benefit                         | $                  | (501           | )             | $ | (9,727 | ) |   |
| Effective income tax rate                  |               | (21.9          | )%            |   | 46.9 | % |   |

|                                 |   | Three Months Ended  |           |
|--------------------------------------|--------|---------------------|----------------|
|                                 |   |  April 2, 2011 |           |   |  April 3, 2010 |   |
|                                 |   |                | (in thousands) |   |
| Segment net sales                    |   | $                   | 279,874        |   |   | $ | 245,181 |   |
| Segment operating income             |   | $                   | 22,802         |   |   | $ | 21,414 |   |
| Operating income margin              |   |                | 8.1            | % |   |   | 8.7 | % |
| Restructuring and impairment charges |   | $                   | 1,265          |   |   | $ | 3,586 |   |

----

|                                 |   | Three Months Ended  |           |
|--------------------------------------|--------|---------------------|----------------|
|                                 |   |  April 2, 2011 |           |   |  April 3, 2010 |   |
|                                 |   |                | (in thousands) |   |
| Segment net sales                    |   | $                   | 223,191        |   |   | $ | 208,753 |   |
| Segment operating income (loss)      |   | $                   | 10,871         |   |   | $ | (193 | ) |
| Operating income (loss) margin       |   |                | 4.9            | % |   |   | (0.1 | )% |
| Restructuring and impairment charges |   | $                   | 2,467          |   |   | $ | 5,543 |   |

----

----

| Rating Agency               |   | CorporateRating |   |  2010CreditFacilities |   | 87⁄8%Notes |   | 101⁄2%Notes |   | 77⁄8%Notes |   | 83⁄8%Notes |   | Outlook  |   |   | Last Update   |   |
|-----------------------------|--------|-----------------|--------|----------------------------|--------|----------------|--------|----------------|--------|----------------|--------|----------------|--------|----------|--------|--------|---------------|--------|
| Moody’s               |   | B3              |   | Ba3                        |   | B3             |   | Caa1           |   | Caa2           |   | Caa2           |   | Negative |   |   | December 2010 |   |
| Standard & Poor’s |   | B               |   | BB-                        |   | B-             |   | CCC+           |   | CCC+           |   | CCC+           |   | Stable   |   |   | December 2010 |   |

----

----

Item 3

Item 4.

----

PART II. OTHER INFORMATION

Item 1

Item 1A.

| Item 6.       | Exhibits                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| ExhibitNumber |                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | Description |   |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 2.1           | Stock Purchase Agreement dated as of July 17, 2007 among Cenveo Corporation, Commercial Envelope Manufacturing Co., Inc. and its shareholders—incorporated by reference to Exhibit 2.1 to registrant’s current report on Form 8-K filed July 20, 2007.                                                                                                                                                                          |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 3.1           | Articles of Incorporation—incorporated by reference to Exhibit 3(i) of the registrant’s quarterly report on Form 10-Q for the quarter ended June 30, 1997, filed August 14, 1997.                                                                                                                                                                                                                                               |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 3.2           | Articles of Amendment to the Articles of Incorporation dated May 17, 2004—incorporated by reference to Exhibit 3.2 to registrant’s quarterly report on Form 10-Q for the quarter ended June 30, 2004, filed August 2, 2004.                                                                                                                                                                                                     |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 3.3           | Amendment to Articles of Incorporation and Certificate of Designations of Series A Junior Participating Preferred Stock of the Registrant dated April 20, 2005—incorporated by reference to Exhibit 3.1 to registrant’s current report on Form 8-K filed April 21, 2005.                                                                                                                                                        |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 3.4           | Bylaws as amended and restated effective February 22, 2007—incorporated by reference to Exhibit 3.2 to registrant’s current report on Form 8-K filed August 30, 2007.                                                                                                                                                                                                                                                           |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 4.1           | Indenture dated as of February 4, 2004 between Mail-Well I Corporation, the Guarantors named therein and U.S. Bank National Association, as Trustee, and Form of Senior Subordinated Note and Guarantee relating to Mail-Well I Corporation’s 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.5 to registrant’s annual report on Form 10-K for the year ended December 31, 2003. |
|          |                                                                                                                                                                                                                                                                                                                                                                                                                                        |

----

| 4.2    | Supplemental Indenture, dated as of June 21, 2006 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.2 to registrant’s current report on Form 8-K filed June 27, 2006.                                               |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.3    | Third Supplemental Indenture, dated as of March 7, 2007 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.7 to registrant’s quarterly report on Form 10-Q for the quarter ended March 31, 2007.                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.4    | Fourth Supplemental Indenture, dated as of July 9, 2007 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.8 to registrant’s quarterly report on Form 10-Q for the quarter ended June 30, 2007.                      |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.5    | Fifth Supplemental Indenture, dated as of August 30, 2007 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.6 to registrant’s quarterly report on Form 10-Q for the quarter ended September 29, 2007.               |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.6    | Sixth Supplemental Indenture, dated as of April 16, 2008 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.7 to registrant’s quarterly report on Form 10-Q for the quarter ended June 28, 2008.                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.7    | Seventh Supplemental Indenture, dated as of August 20, 2008 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.8 to registrant’s quarterly report on Form 10-Q for the quarter ended September 27, 2008.             |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.8    | Eighth Supplemental Indenture, dated as of October 15, 2009 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.1 to registrant’s current report on Form 8-K filed October 16, 2009.                                  |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.9    | Ninth Supplemental Indenture, dated as of December 21, 2010 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated by reference to Exhibit 4.9 to registrant’s annual report on Form 10-K for the year ended January 1, 2011, filed March 2, 2011. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.10*  | Tenth Supplemental Indenture, dated as of March 2, 2011 among Cenveo Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S. Bank National Association, as Trustee, to the Indenture dated as of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013.                                                                                                                                                             |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.11   | Indenture, dated as of June 15, 2004, among Cadmus Communications Corporation, the Guarantors named therein and Wachovia Bank, National Association, as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.9 to Cadmus Communications Corporation’s registration statement on Form S-4 filed August 24, 2004.                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

----

| 4.12   | First Supplemental Indenture, dated as of March 1, 2005, to the Indenture dated as of June 15, 2004, among Cadmus Communications Corporation, the Guarantors named therein Mack Printing, LLC and Wachovia Bank, National Association, as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.9.1 to Cadmus Communications Corporation’s quarterly report on Form 10-Q for the quarter ended March 31, 2005, filed May 13, 2005.                                                    |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.13   | Second Supplemental Indenture, dated as of May 19, 2006, to the Indenture dated as of June 15, 2004, among Cadmus Communications Corporation, the Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.9.2 to Cadmus Communications Corporation’s annual report on Form 10-K for the year ended July 1, 2006, filed September 13, 2006.                           |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.14   | Third Supplemental Indenture, dated as of March 7, 2007, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.11 to registrant’s quarterly report on Form 10-Q for the quarter ended March 31, 2007.                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.15   | Fourth Supplemental Indenture, dated as of July 9, 2007, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.13 to registrant’s quarterly report on Form 10-Q for the quarter ended June 30, 2007.                                 |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.16   | Fifth Supplemental Indenture, dated as of August 30, 2007, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.13 to registrant’s quarterly report on Form 10-Q for the quarter ended September 29, 2007.                          |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.17   | Sixth Supplemental Indenture, dated as of November 7, 2007, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.12 to registrant’s annual report on Form 10-K for the year ended December 29, 2007.                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.18   | Seventh Supplemental Indenture, dated as of April 16, 2008, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.16 to registrant’s quarterly report on Form 10-Q for the quarter ended June 28, 2008.                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.19   | Eighth Supplemental Indenture, dated as of August 20, 2008, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.18 to registrant’s quarterly report on Form 10-Q for the quarter ended September 27, 2008.                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.20   | Ninth Supplemental Indenture, dated as of October 15, 2009, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.2 to registrant’s current report on Form 8-K filed October 16, 2009.                                               |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.21   | Tenth Supplemental Indenture, dated as of December 21, 2010, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the Subsidiary Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014—incorporated by reference to Exhibit 4.20 to registrant’s annual report on Form 10-K for the year ended January 1, 2011, filed March 2, 2011. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |

----

| 4.22*  | Eleventh Supplemental Indenture, dated as of March 2, 2011, to the Indenture dated as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus Communications Corporation), the  Guarantors named therein and U.S. Bank National Association (successor to Wachovia Bank, National Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes due 2014.                                            |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.23   | Indenture, dated as of June 13, 2008, between Cenveo Corporation, the other guarantors named therein and U.S. Bank National Association, as Trustee, relating to the 101⁄2% Notes of Cenveo Corporation—incorporated by reference to Exhibit 4.1 to registrant’s current report on Form 8-K, filed June 13, 2008.                                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.24   | Guarantee by Cenveo, Inc. and the other guarantors named therein relating to the 101⁄2% Notes of Cenveo Corporation—incorporated by reference to Exhibit 4.2 to registrant’s current report on Form 8-K dated (date of earliest event reported) June 9, 2008, filed June 13, 2008.                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.25   | First Supplemental Indenture, dated as of August 20, 2008, to the Indenture of June 13, 2008 between Cenveo Corporation, the other guarantors named therein and U.S. Bank National Association, as Trustee, relating to the 101⁄2% Notes of Cenveo Corporation—incorporated by reference to Exhibit 4.21 to registrant’s quarterly report on Form 10-Q for the quarter ended September 27, 2008.                           |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.26   | Second Supplemental Indenture, dated as of October 15, 2009, to the Indenture of June 13, 2008 between Cenveo Corporation, the other guarantors named therein and U.S. Bank National Association, as Trustee, relating to the 101⁄2% Notes of Cenveo Corporation—incorporated by reference to Exhibit 4.3 to registrant’s current report on Form 8-K filed October 16, 2009.                                               |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.27   | Third Supplemental Indenture, dated as of December 21, 2010, to the Indenture of June 13, 2008 among Cenveo Corporation, the Guarantors named therein and U.S. Bank National Association, as Trustee, relating to the 101⁄2% Notes of Cenveo Corporation—incorporated by reference to Exhibit 4.25 to registrant’s annual report on Form 10-K for the year ended January 1, 2011, filed March 2, 2011.                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.28*  | Fourth Supplemental Indenture, dated as of March 2, 2011, to the Indenture of June 13, 2008 among Cenveo Corporation, the Guarantors named therein and U.S. Bank National Association, as Trustee, relating to the 101⁄2% Notes of Cenveo Corporation.                                                                                                                                                                                 |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.29   | Registration Rights Agreement dated as of June 13, 2008 among Cenveo Corporation, Cenveo, Inc., the other Guarantors named therein and Lehman Brothers Inc.—incorporated by reference to Exhibit 10.1 to registrant’s current report on Form 8-K filed June 13, 2008.                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.30   | Indenture dated as of February 5, 2010 among Cenveo Corporation, the Guarantors named therein and Wells Fargo Bank, National Association, as Trustee, relating to the 87⁄8% Notes of Cenveo Corporation —incorporated by reference to Exhibit 4.1 to registrant’s current report on Form 8-K filed February 9, 2010.                                                                                                      |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.31   | First Supplemental Indenture, dated as of December 21, 2010, to the Indenture dated as of February 5, 2010 among Cenveo Corporation, the Guarantors named therein and Wells Fargo Bank, National Association, as Trustee, relating to the 87⁄8% Notes of Cenveo Corporation—incorporated by reference to Exhibit 4.28 to registrant’s annual report on Form 10-K for the year ended January 1, 2011, filed March 2, 2011. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.32*  | Second Supplemental Indenture, dated as of March 2, 2011, to the Indenture dated as of February 5, 2010 among Cenveo Corporation, the Guarantors named therein and Wells Fargo Bank, National Association, as Trustee, relating to the 87⁄8% Notes of Cenveo Corporation.                                                                                                                                                             |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.33   | Form of Guarantee issued by Cenveo, Inc. and the other Guarantors named therein relating to the 87⁄8% Notes of Cenveo Corporation—incorporated by reference to Exhibit 4.2 to registrant’s current report on Form 8-K filed February 9, 2010.                                                                                                                                                                             |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.34   | Registration Rights Agreement dated as of February 5, 2010 among Cenveo Corporation, Cenveo, Inc., the other Guarantors named therein and the initial purchasers named therein—incorporated by reference to Exhibit 4.3 to registrant’s current report on Form 8-K filed February 9, 2010.                                                                                                                                    |

----

|   |                                                                                                                                                                                                                                                                                                                                                                                |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.35   | Intercreditor Agreement dated as of February 5, 2010 among Cenveo Corporation, Cenveo, Inc., the other Guarantors named therein and the initial purchasers named therein—incorporated by reference to Exhibit 4.4 to registrant’s current report on Form 8-K filed February 9, 2010.                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                |
| 4.36   | Second Lien Pledge and Security Agreement dated as of February 5, 2010 among Cenveo Corporation, Cenveo, Inc., the other grantors named therein and Wells Fargo Bank, National Association, as collateral agent—incorporated by reference to Exhibit 4.28 to registrant’s annual report on Form 10-K for the year ended January 2, 2010 filed March 3, 2010.            |
|   |                                                                                                                                                                                                                                                                                                                                                                                |
| 4.37   | Second Lien Intellectual Property Security Agreement dated as of February 5, 2010 among Cenveo Corporation, Cenveo, Inc., the other grantors named therein and Wells Fargo Bank, National Association, as collateral agent—incorporated by reference to Exhibit 4.29 to registrant’s annual report on Form 10-K for the year ended January 2, 2010 filed March 3, 2010. |
|   |                                                                                                                                                                                                                                                                                                                                                                                |
| 10.1   | Amended and Restated Credit Agreement dated as of December 21, 2010 among Cenveo Corporation, Cenveo, Inc., Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, and the Lenders party thereto—incorporated by reference to Exhibit 10.1 to registrant’s current report on Form 8-K filed December 23, 2010.                               |
|   |                                                                                                                                                                                                                                                                                                                                                                                |
| 31.1*  | Certification by Robert G. Burton, Sr., Chief Executive Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                |
| 31.2*  | Certification by Mark S. Hiltwein, Chief Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                |
| 32.1*  | Certification of the Chief Executive Officer and of the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, furnished as an exhibit to this report on Form 10-Q.                                                                                                                                                                                     |

----

SIGNATURE

|   | CENVEO, INC.   |
|--------|--------------------------|
|   |                     |   |
|   | By:                      | /s/ Robert G. Burton, Sr. |
|   |                     | Robert G. Burton, Sr. |
|   |                     | Chairman and Chief Executive Officer |
|   |                     | (Principal Executive Officer) |
|   |                     |   |
|   |                     |   |
|   | By:                      | /s/ Mark S. Hiltwein |
|   |                     | Mark S. Hiltwein |
|   |                     | Chief Financial Officer |
|   |                     | (Principal Financial Officer and |
|   |                     | Principal Accounting Officer) |