CHICAGO -- R. R. Donnelley & Sons Company announced that it has made a minority investment in Mediant Communications, Inc., a provider of electronic and printed shareholder communications. Under the terms of the agreement, which formalizes and expands an existing strategic partnership, the companies will continue sales and development of their joint proxy services and post-sale fulfillment offering to broker dealers and advisers.

With services ranging from an advanced, web-based shareholder communications platform to the distribution of prospectuses, regulatory reports and proxy communications, Mediant serves broker dealers, banks, mutual funds and corporate issuers and has worked alongside RR Donnelley for more than six years.

In combination with Mediant's advanced technology, RR Donnelley will provide post-sale fulfillment empowering customers to reduce complexity through improved process efficiency, enabling greater cost control and enhancing the user experience through the latest innovations.

"We are delighted to have RR Donnelley as an investing strategic partner," commented Arthur Rosenzweig, President of Mediant Communications, Inc. "This is an important step toward expanding Mediant's technology platform through further development of joint end-to-end solutions that automate the vertical integration of the investor communications industry."

"With this investment, the combination of RR Donnelley and Mediant Communications will expand our technology solution to provide an even more comprehensive compliance and financial communications service," stated Eric Johnson, RR Donnelley's Sr. Vice President of Sales. "It will offer advisers and wealth managers new opportunities for innovation and savings across the complete process of creating and distributing shareholder communications."