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Virtual Newsroom

IWCO Direct Announces Appointment of New Chief
Financial Officer

Chanhassen, MN (April 6, 2006) —IWCO Direct, a leading national provider of integrated direct mail solutions, announced that Joseph F. Morrison has been appointed chief financial officer, effective immediately.

In his new role, Morrison will provide the leadership, financial management and vision to maintain proper financial controls, administrative systems and reporting procedures to support the organization’s growth.

"Joe will play a key role in our continued growth and expansion initiatives. His leadership will be key to the financial strength and operating efficiency of IWCO Direct," said Jim Andersen, IWCO Direct President and CEO.

Prior to joining IWCO Direct, Morrison served as vice president and chief financial officer for Culligan International Inc., Chicago, IL. There he was responsible for all global finance functions including reporting and control, treasury, taxation, financial planning analysis, and internal audit. He was previously a partner with Ernst & Young in Toronto and holds a BBA from St. Francis Xavier University in Canada.

IWCO Direct (www.iwco.com) has served the direct marketing needs of North American companies for more than 35 years. With production facilities in New York and Minnesota, IWCO Direct is one of the nation’s fastest growing providers of direct marketing solutions. IWCO Direct provides direct marketing like no one else by seamlessly supplying all direct mail production services – print, envelope, plastic, mailing, fulfillment, and data services – in an integrated “total package” supply chain solution. IWCO Direct pioneered commingling and continues to provide its customers with dramatic postage savings and faster time to market through its proprietary IWCO P.O.S.T. (Postal Optimization Strategy and Technologies) and RideShare™ commingling and logistics management programs.

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