Deluxe Announces Senior Notes Offering

  Deluxe Announces Senior Notes Offering

Business Wire

ST. PAUL, Minn. -- November 09, 2012

Deluxe Corporation (NYSE: DLX) today announced that it plans to offer
$200million principal amount of Senior Notes due 2020 in an unregistered
offering, subject to market conditions. The notes will be unsecured
obligations of the Company and will be guaranteed by all of the Company’s
subsidiaries that guarantee any of its other indebtedness. The notes are being
offered within the United States only to qualified institutional buyers
pursuant to Rule144A under the Securities Act of 1933, as amended (the
“Securities Act”), and to persons in offshore transactions in reliance on
RegulationS under the Securities Act. The Company intends to use the net
proceeds from the offering, as well as cash on hand, to repurchase the
Company’s outstanding 7.375% Senior Notes due 2015 that are validly tendered
(and not validly withdrawn) pursuant to the Company’s tender offer and consent
solicitation launched today, to redeem any of the Company’s outstanding 7.375%
Senior Notes due 2015 not repurchased pursuant to the tender offer and consent
solicitation and to pay fees and expenses incurred by the Company in
connection therewith.

The notes have not been registered under the Securities Act or the securities
laws of any state and may not be offered or sold in the United States absent
registration or an exemption from the registration requirements of the
Securities Act and applicable state securities laws. In no event will the
information contained in this press release regarding the notes constitute an
offer to sell or a solicitation of an offer to buy any notes or any other
securities of the Company.

The tender offer and consent solicitation launched on November 9, 2012 are
being made pursuant to an Offer to Purchase and Consent Solicitation
Statement, dated November 9, 2012, and a related Consent and Letter of
Transmittal. Under no circumstances shall this press release constitute an
offer to buy or the solicitation of an offer to sell the Company’s 7.375%
Senior Notes due 2015, nor shall it constitute a notice of redemption or an
obligation to issue a notice of redemption with respect to the Company’s
7.375% Senior Notes due 2015.

About Deluxe Corporation

Deluxe is a growth engine for small businesses and financial institutions.
Four million small business customers access Deluxe’s wide range of products
and services including customized checks and forms as well as web-site
development and hosting, search engine marketing, search engine optimization,
logo design and business networking. For financial institutions, Deluxe
offersindustry-leading programs in checks, customer acquisition, regulatory
compliance, fraud prevention and profitability. Deluxe is also a leading
printer of checks and accessories sold directly to consumers.

Forward-Looking Statements

Statements in this press release concerning the Company’s or management’s
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 management’s 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. Forward-looking statements speak
only as of the time made, and the Company assumes no obligation to publicly
update any such statements.


Deluxe Corporation
Jeff Johnson, 651-787-1068
Treasurer and VP Investor Relations
Press spacebar to pause and continue. Press esc to stop.