Deluxe Announces Receipt of Requisite Consents with Respect to the Tender Offer and Consent Solicitation for Its 7.375% Senior

  Deluxe Announces Receipt of Requisite Consents with Respect to the Tender
  Offer and Consent Solicitation for Its 7.375% Senior Notes Due 2015

Business Wire

ST. PAUL, Minn. -- November 26, 2012

Deluxe Corporation (NYSE: DLX) today announced that it has received, pursuant
to its previously announced tender offer to purchase for cash any and all of
its 7.375% Senior Notes due 2015 (the “Notes”) and the concurrent consent
solicitation, the requisite consents to adopt proposed amendments to the
indenture governing the Notes (the “Indenture”), providing for the elimination
of substantially all of the restrictive covenants, certain events of default
and certain other provisions contained in the Indenture. The Company announced
that consents had been delivered with respect to $106.5 million aggregate
principal amount of the Notes (the “Consenting Notes”), representing
approximately 53.2% of the outstanding aggregate principal amount of the
Notes, which Consenting Notes had been validly tendered (and not validly
withdrawn) as of 5:00 p.m., New York City time, on November 26, 2012 (the
“Consent Payment Deadline”). A holder’s right to validly withdraw tendered
Notes and to validly revoke delivered consents expired at 5:00 p.m., New York
City time, on November 26, 2012 (the “Withdrawal Deadline”). In conjunction
with receiving the requisite consents, it is expected that the Company, its
subsidiaries that guarantee the Notes and The Bank of New York Mellon Trust
Company, N.A. (formerly The Bank of New York Trust Company, N.A.), as trustee,
will execute a supplemental indenture to the Indenture implementing the
proposed amendments described above. Although the Supplemental Indenture will
be effective immediately upon its execution and delivery, the proposed
amendments will not become operative until acceptance of the Consenting Notes
for purchase by the Company.

The tender offer and the consent solicitation are being made pursuant to the
Offer to Purchase and Consent Solicitation Statement, dated November 9, 2012,
and the related Consent and Letter of Transmittal (together, the “Offer
Documents”).

The Company’s obligation to accept for purchase, and to pay for, Notes validly
tendered and not validly withdrawn pursuant to the tender offer is conditioned
upon the satisfaction or waiver of certain conditions, which are more fully
described in the Offer Documents, including, among others, (1) the Company’s
receipt of consents of holders of at least a majority in principal amount of
the outstanding Notes to the proposed amendments to the Indenture, which
condition has been satisfied, and (2) the Company’s receipt of aggregate
proceeds (before initial purchasers’ discounts and fees and other offering
fees and expenses) of at least $200.0 million from a private placement of new
senior notes on terms satisfactory to the Company. The new notes have not been
registered under the Securities Act of 1933 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 or the Offer Documents regarding the new notes
constitute an offer to sell or a solicitation of an offer to buy any new
notes.

J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are acting
as dealer managers for the tender offer and as solicitation agents for the
consent solicitation. J.P. Morgan Securities LLC can be contacted at (800)
245-8812 (toll free) or (212) 270-1200 (collect) and Credit Suisse Securities
(USA) LLC can be contacted at (800) 820-1653 (toll free) or (212) 538-2147
(collect). Global Bondholder Services Corporation is the depositary and the
information agent for the tender offer and the consent solicitation. Copies of
the Offer Documents and other related documents may be obtained by calling the
information agent at (212) 430-3774 (for banks and brokers only) or (866)
470-3900 (toll free).

The tender offer and the consent solicitation are being made pursuant to the
Offer Documents. Under no circumstances shall this press release constitute an
offer to buy or the solicitation of an offer to sell the Notes or any other
securities of the Company. This press release also is not a solicitation of
consents to the proposed amendments to the Indenture. No recommendation is
made as to whether holders of Notes should tender their Notes or deliver their
consents. Holders of Notes should carefully read the Offer Documents because
they contain important information, including the various terms and conditions
of the tender offer and the consent solicitation.

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 offers
industry-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.

Contact:

Deluxe Corporation
Jeff Johnson, 651-787-1068
Treasurer and VP Investor Relations