Verizon Information Services-Puerto Rico Awards 10-Year Contract To Ramallo Bros. Printing

SAN JUAN, Puerto Rico - Today, Verizon Information Services-Puerto Rico (VIS-Puerto Rico) and local printer Ramallo Bros. Printing Inc. signed a 10-year agreement in which Ramallo Bros. will print all of VIS-Puerto Rico's telephone directories. This will mark the first time VIS-Puerto Rico has printed its directories on the Island. As a result of the contract, Ramallo Bros. has committed to investing an additional $4.5 million in printing equipment and, together with VIS-Puerto Rico, to creating 50 new local jobs.

"This agreement allows VIS-Puerto Rico to produce high-quality,100 percent Puerto Rican directories in a shorter span of time," said Dallas-based Verizon Information Services President Katherine Harless. "And, it reiterates VIS' commitment to Puerto Rico and our faith in the professionalism and high standard of the local work force." Harless visited the Island to announce and celebrate the signing of the agreement with Angel Ramallo, president of the Ramallo Group.

According to the agreement, Ramallo Bros. will produce an estimated two million directories a year. This includes Verizon's nine island-wide telephone directories, the Business Register publication, the Tourist Quick Guide and an Export & Import Guide, among others. Previously these directories were printed in the United States.

According to Edward Díaz, managing director of VIS-Puerto Rico, the decision to print the directories locally has both business and logistical advantages. "By printing our directories in Puerto Rico, we have more time to manufacture a high-quality product, and meet all of our sales and distribution goals more comfortably," said Díaz. "In addition, the directories will be packed using a new shrink-pack system that allows better packaging and storage of the directories for transportation."

The first yellow pages directories Ramallo Bros. is printing are VIS-PR's seven Isla directories that are distributed in November.

"Ramallo was chosen because of their ability to offer the best in terms of quality, cost effectiveness and fast production. The company is truly a world-class operation with advanced technology, work capacity and equipment," said Díaz.

Verizon Information Services- Puerto Rico Inc.

Verizon Information Services-Puerto Rico Inc. (VIS-Puerto Rico) is a joint venture between Dallas-based Verizon Information Services, Puerto Rico Telephone (PRT) and VNU World Directories. The company produces two million directories on the Island, and produces online yellow pages directory www.SuperPagesPR.com.

Verizon Information Services (VIS) is the world's leading print and online directory publisher, a content provider for communications products and services, and the largest publisher of Hispanic directories in the U.S. With operations in 16 countries and annual revenues of more than $4.3 billion, Verizon Information Services publishes nearly 1,200 U.S. Verizon SuperPages directories and 400 international directories with a total circulation of approximately 150 million copies worldwide. The company also produces and markets SuperPages.com, the Internet's #1 online directory and shopping resource.

Ramallo Bros. Printing Inc.

For more than 30 years, Ramallo Bros. Printing Inc. has been at the cutting edge of the graphic arts and printing industry in Puerto Rico and the Caribbean, offering all types of printing services to the local market, from transparencies to CD's to opticals, cartridges or disks, with high-tech equipment such as the Silicon Graphics workstations. Ramallo's highly skilled technicians can perform the most advanced image enhancement/manipulation and color separation -- up to 600 in a 24-hour period -- and with a T1 line that allows instant communication and feedback with clients in any part of the world.

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