Quad/Graphics, Inc. (NYSE: QUAD) (“Quad/Graphics”) and Vertis Holdings, Inc. (“Vertis”) jointly announced today that the U.S. Bankruptcy Court has approved the companies’ proposed sale agreement, clearing the way for the sale to close. The companies are in the final stages of integration planning and expect to close the transaction in January. Quad/Graphics and Vertis first announced on October 10, 2012, the execution of an agreement through which Quad/Graphics will acquire substantially all of the assets comprising Vertis’ businesses. Vertis simultaneously filed voluntary petitions for Chapter 11 relief to complete the sale as efficiently as possible while maintaining continuity for its clients and employees. Vertis and Quad/Graphics will continue to operate separately and independently until the sale closes. Notes Regarding Forward-Looking Statements To the extent any statements made in this press release contain information that is not historical, these statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, objectives, goals, strategies, beliefs, intentions, plans, estimates, prospects, projections and outlook, and can generally be identified by the use of words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “plan,” “foresee,” “believe,” or “continue,” or the negatives of these terms, variations on them and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of Quad/Graphics or Vertis. These risks, uncertainties and other factors could cause actual results to differ materially from those expressed or implied by those forward-looking statements. Many of these risks, uncertainties and other factors are in discussed in Item 1A of Quad/Graphics’ most recent Form 10-K.