EX-99.1
Published on January 4, 2008
Exhibit 99.1
Deluxe Corporation
P.O. Box 64235
St. Paul, MN 55164-0235
(651) 483-7111
For additional information:
Terry D. Peterson
VP, Investor Relations and
Chief Accounting Officer
(651) 787-1068
NEWS RELEASE
January 3, 2008
DELUXE ANNOUNCES UPCOMING PRESENTATIONS; AFFIRMS FULL-YEAR 2007 OUTLOOK |
CJS Securities Investors Conference
Fourth Quarter Financial Results and Conference Call
St. Paul, Minn. Deluxe Corporation (NYSE: DLX) announced today that Lee Schram, Chief Executive Officer of the Company, will present at the CJS Securities 8th Annual New Ideas for the New Year Conference in New York City on January 9, 2008. A copy of this presentation will be available at www.deluxe.com/investors after the conference.
The Company also announced that it will report its 2007 fourth quarter and full-year financial results on Thursday, January 24, 2008 prior to market open. On the same day, the Company will hold an open-access conference call at 11:00 a.m. EST (10:00 a.m. CST). All interested persons may listen to the call by dialing 800-884-5695 (access code 61850078) approximately five minutes before the scheduled start time. The audio and accompanying slides will be available via a simultaneous webcast at www.deluxe.com/investors. For those unable to attend live, a telephone replay will be available after 1:00 p.m. EST and through midnight on January 31st by dialing 888-286-8010 (access code 30673392), and the presentation will be archived on the Companys web site.
Deluxe also affirmed its previously disclosed 2007 outlook for full-year diluted earnings per share of $2.75 to $2.80, full-year revenue of $1.608 billion to $1.615 billion, and full-year operating cash flows between $240 million and $250 million.
About Deluxe
Deluxe Corporation, through its industry-leading businesses and brands, helps financial
institutions and small businesses better manage, promote, and grow their businesses. The Company
uses direct marketing, distributors, and a North American sales force to provide a wide range of
customized products and services: personalized printed items (checks, forms, business cards,
stationery, greeting cards, labels, and retail packaging supplies), promotional products and
merchandising materials, fraud prevention services, and customer retention programs. The Company
also sells personalized checks and accessories directly to consumers. For more information about
Deluxe, visit www.deluxe.com.
Forward-Looking Statements
Statements made in this release concerning the Companys or managements intentions,
expectations, or predictions about future results or events are forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect
managements current expectations or beliefs, and are subject to risks and uncertainties that could
cause actual results or events to vary from stated expectations, which variations could be material
and adverse. Factors that could produce such a variation include, but are not limited to, the
following: the inherent unreliability of earnings, revenue and cash flow predictions due to
numerous factors, many of which are beyond the Companys control; declining demand for the
Companys check and check-related products and services due to increasing use of alternative
payment methods; intense competition in the check printing business; continued consolidation of
financial institutions, thereby reducing the number of potential customers and referral sources and
increasing downward pressure on our revenues and gross margins; risks that our Small Business
Services segment strategies to increase its pace of new customer acquisition and average annual
sales to existing customers, while at the same time increase its operating margins, are delayed or
unsuccessful; risks that cost reductions in the Companys information technology, fulfillment and
other shared services areas will be delayed or unsuccessful; performance shortfalls by the
Companys major suppliers, licensors or service providers; unanticipated delays, costs and expenses
in the development and marketing of new products and services; and the impact of governmental laws
and regulations. Our forward-looking statements speak only as of the time made, and we assume no
obligation to publicly update any such statements. Additional information concerning these and
other factors that could cause actual results and events to differ materially from the Companys
current expectations are contained in the Companys Form 10-K for the year ended December 31, 2006.
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