UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
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o Preliminary Proxy Statement
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o Definitive Proxy Statement
x Definitive Additional Materials
o Soliciting Material Pursuant to §240.14a-12
CENVEO, INC.
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(Name of Registrant as Specified in Its Charter)
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(Name of Person(s) Filing Proxy Statement if other than the Registrant)
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Investor Presentation
Sales and Operational Highlights
On August 5, 2005, Cenveo, Inc. (“Cenveo” or “the Company”) filed with the Securities and Exchange Commission a definitive proxy
statement on Schedule 14A in connection with
a special meeting of its shareholders. Cenveo’s shareholders are strongly
encouraged to read carefully the definitive proxy statement, because it contains important
information. Free copies of the
definitive proxy statement are available at the SEC’s web site at www.sec.gov,
at Cenveo’s web site at www.cenveo.com, or by
directing requests to Cenveo’s proxy solicitor, Innisfree M&A Incorporated, toll free at 1-888-750-5834.
Statements made in this presentation and other written or oral statements made by or on behalf of Cenveo, other than those
concerning historical financial information, may constitute “forward-looking
statements” within the meaning of the federal securities
laws, which are subject to risks and uncertainties, including without limitation: (1) general economic, business and labor conditions,
(2) the ability to implement the Company’s strategic
initiatives, (3) the ability to regain profitability after substantial losses in 2002 and
2001 and in the first quarter of 2004, (4) the majority of the Company’s sales are not subject to long-term contracts, (5) the industry is
extremely competitive
due to over-capacity, (6) the impact of the Internet and other electronic media on the demand for envelopes
and printed material, (7) postage rates and other changes in the direct mail industry, (8) environmental laws may affect the
Company’s business,
(9) the ability to retain key management personnel, (10) compliance with recently enacted and proposed
changes in laws and regulations affecting public companies could be burdensome and expensive, (11) the ability to successfully
identify, manage and
integrate possible future acquisitions, (12) dependence on suppliers and the costs of paper and other raw
materials and the ability to pass paper price increases onto customers, (13) the ability to meet customer demand for additional value-
added products
and services, (14) changes in interest rates and currency exchange rates of the Canadian dollar, (15) the ability to
manage operating expenses, (16) the risk that a decline in business volume or profitability
could result in a further impairment of
goodwill, and (17) the ability to timely or adequately respond to technological changes in the Company’s industry.
Discussion of additional factors that could cause actual results to differ materially from management's projections, forecasts,
estimates and expectations is set forth under Management's Discussion
and Analysis of Results of Operations and Financial
Condition in the Cenveo Annual Report for the fiscal year ended December 31, 2004, and in the Company's other SEC filings. A copy
of the annual report is available on the Company's Web site
at http://www.cenveo.com.
The forward-looking statements involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond
Cenveo’s control. Cenveo cautions investors that
any forward-looking statements made by the Company are not guarantees of future
performance. These statements are based on current expectations and speak only as of the date of such statements. Cenveo
disclaims any obligation to
update any such factors or to announce publicly the results of any revisions to any of the forward-looking
statements, whether as a result of future events, new information or otherwise.
2
Key Themes
More than a printing company
Broad market coverage to deliver customer solutions
Competing on value drives margin expansion
Strategic sales provides top line growth engine
Team and plan in place
3
Products and Services
The depth and connection of the platform differentiates Cenveo
Cenveo is more than a printing company
4
Comprehensive image storage and filing, with advanced search capabilities
Digital asset management
ng, CAD, web design, creative and graphic services
D renderi
-
Illustration, retouching , 3
Media
-
Pre
inkjetting, and mailing
Strategically located mailing centers that provide mail preparation services (e.g., address verification)
Mailing
line order assembly
-
tegically located full service centers with on
Stra
Fulfillment
Color management system to achieve color process control and digital delivery of contact proofs
TM
Color Science
Web portal that provides access to a suite of customizable eBusiness and eCommerce solutions
TM
eCenergy
Description
Services
Products
Description
Commercial Printing
Employ sheetfed and web offset, and digital printing platform to produce customized printing including brand
marketing material, annual reports and car brochures
Envelopes
Customized envelopes for billing and remi
ttance, direct mail, and resale. Sizes include commercial,
remittance, catalog, announcement, booklet, CD, and coin
Documents
Short
-
run, custom printed traditional business forms, specialty documents, and direct mail products; including
single ply mailer
s, integrated cards, cut sheets, continuous forms and snap apart forms
Labels
Pressure sensitive labels including spot color labels, premium labels, electronic data processing labels, and
specialty graphics
Geographic Footprint
Broad Geographic Footprint
Applying the value proposition to the operational platform delivers customer
solutions
Apply Value Proposition
Sell Platform Capability (Service Hubs)
5
Web Offset Printing
Mailing
Fulfillment
Color Digital
Customer Value Delivered
Reduce total cost of ownership
Collapse cycle time
Protect and increase brand integrity
Drive top-line revenue growth
Customers benefit from our solution selling strategy
Competing on value drives margin expansion and increases customer
retention
6
Growth Projections
Breakout sales growth is projected at the strategic sales level
Sales CAGR – By Product Line (2006-2008)
Projected strategic sales growth is consistent with our recent track record
and comes in large dollar increments from large customers
7
Strategic sales differentiates Cenveo
What We Sell – The Value Chain
Process
Data
Design
Compose
RIP
Finish
Fulfill
Distribute
Track
Response
Repository
Solutions strategy creates more value than low cost only strategy
Identify and
Filter Prospects
Account
Assignment
and
Initial Strategy
Discovery
Proposal
Sell
Implement
8
How We Sell It
Strategic Sales Defined
Strategic Sales Opportunity
The market exists for strategic sales
Projected Incremental Growth ($ million)
Sweet Spot Market Size
Share of Market Needed
With a modest success ratio we can achieve our projections
Number of Prospects In Target Market
9
Deep industry experience exists at the operating level
Team
Number of Facilities
Average General Manager Tenure
Cenveo tenure
Total industry experience
10