(LARGO, FL – April 9, 2014) – Valpak Direct Marketing Systems, Inc., a leader in local print and digital coupons has been in the business of helping people save money for more than 45 years, announces it will move its corporate headquarters from Largo to St. Petersburg later this year.

Valpak has signed a lease at 805 Executive Center Drive West in Baypoint Commerce Center, a Feil Organization property. The lease will begin on Dec. 7, 2014 and is signed for eight years.

This will move the former Cox Target Media and Valpak corporate offices, which the company rented from Harrod Properties in Largo since the early 1990s. Approximately 325 employees will make the move, including those from franchise support, national sales, the executive group, business finance, marketing, IT and graphic design.

Since the Valpak Manufacturing Center, a 470,000-square-foot, state-of-the-art printing facility, opened in the winter of 2007, the company has planned to move the rest of its employees closer to the manufacturing center, knowing the Largo lease would expire in 2014.

"The new St. Petersburg location not only gives us closer proximity to the VMC, but also allows us to draw from a larger, diverse work pool with access to more of the Tampa Bay area workforce," said Michael Vivio, president of Cox Target Media, providers of Valpak. "We decided on St. Petersburg because we like the cluster of tech companies in the St.Petersburg area along with the energy and quality of people," said Vivio.

This will be the third corporate headquarters for the company, which began in 1968 in Clearwater and founded by Terry Loebel. The company is now owned by parent company Cox Media Group and Cox Enterprises in Atlanta.

The three-story building is located just south of Gandy Blvd. between 4th Street and MLK Street North. Valpak will occupy approximately 50,000 square feet of the Pasco building.

Junto Design Studio of Tampa will handle the architectural and interior design work associated with the new space, which will be designed in an open office concept.

The Baypoint Commerce Center has 15 office buildings in the park, encompasses 76 acres and was built in 1971.

About Valpak®
Valpak, one of the leading direct marketing companies in North America, is owned and operated by Cox Target Media. With nearly 170 franchises across the United States and Canada, the signature Blue Envelope® delivers coupons and savings to nearly 40 million households each month. Annually, Valpak will distribute some 20 billion offers inserted in more than 500 million envelopes. Valpak also offers digital solutions online through https://www.valpak.com and http://www.valpak.ca, sites offering free coupons, e-commerce and coupon codes. Additionally, the Valpak mobile coupon app for smartphone platforms delivers easy to find savings for consumers. For more information about advertising with Valpak, please contact 1-800-676-6878.

About Cox Media Group
Cox Media Group is an integrated broadcasting, publishing, direct marketing and digital media company that includes the national advertising rep firms of CoxReps. Additionally, CMG owns Cox Target Media, which operates Valpak, one of North America’s leading direct marketing companies, and Savings.com, a leading online source for savings. The company’s operations currently include 14 broadcast television stations and one local cable channel, 57 radio stations, eight daily newspapers and more than a dozen non-daily publications, and more than 100 digital services. CMG currently operates in more than 20 media markets and reaches approximately 52 million Americans weekly, including more than 30 million TV viewers, more than 3.5 million print and online newspaper readers, and 14 million radio listeners. For more information about Cox Media Group, please check us out online at www.coxmediagroup.com.

Contact

Marsha Strickhouser
Valpak
8605 Largo Lakes Drive
Largo, FL 33773
(727) 399-3175
marsha_strickhouser@valpak.com