Cenveo Provides Update on Its Acquisition of National Envelope

In September 2013, Cenveo Inc. acquired certain assets of National Envelope through the bankruptcy process. As part of the consideration for the acquisition, Cenveo issued approximately 2.1 million shares to the debt holders of National Envelope. Under the terms of the purchase agreement, the debt holders were restricted from selling the Cenveo shares for a period of six months from the date of the acquisition. This six months period has now lapsed. The company believes that the recent increased trading activity and volatility in its stock is largely related to the expiration of the six-month restriction period.