| KONICA MINOLTA BUSINESS SOLUTIONS U.S.A., INC. | ||||
| KONICA MINOLTA HOLDINGS, INC. ANNOUNCES THE FORMATION OF KONICA MINOLTA BUSINESS SOLUTIONS U.S.A., INC. Konica Minolta Business Solutions U.S.A., Inc. – A New Powerhouse that will Challenge and Change the Way People Think About Document Imaging Konica Minolta Holdings, Inc., on Wednesday announced the formation of Konica Minolta Business Solutions U.S.A., Inc., a new company created by the merger of Konica Business Technologies U.S.A, Inc. And Minolta Corporation’s Business Products Group. Headed by Yasuo Matsumoto, former president and chairman of Konica Business Technologies U.S.A., Inc., Konica Minolta Business Solutions will service the document production and management needs of companies throughout North America. “With the completion of the merger, Konica Minolta Business Solutions has solidified its position as a true leader, a new powerhouse in an increasingly competitive industry,” said Yasuo Matsumoto, president and CEO, Konica Minolta Business Solutions U.S.A., Inc. As one company, Konica Minolta Business Solutions has: “Konica Minolta Business Solutions has set its sights on being a market leader that challenges and changes the way people think about document imaging,” said Matsumoto. “By coming together, we have strengthened much more than our market share. We have strengthened our product line, our support organization and our branding. A new organization has been born – one that will make fresh new impressions in the field of imaging and in the minds of our customers.” Revenue Growth and Profitability: When Konica Corporation and Minolta Co., Ltd., merged in August 2003, Konica Minolta Holdings, Inc. was formed – a nearly $10 billion corporation with over 38,000 employees and 20 manufacturing facilities. With more than 200 years of combined product experience behind the new business technology group, revenue is forecasted to achieve 17% growth by 2005. Executive Leadership: As part of the integration of the two companies, Matsumoto has announced his top tier management: Breadth of Product Line: Konica and Minolta have been working together for more than two years to jointly develop some of the most exciting new products on the market, including Simitri Polymerized Toner. Now, Konica Minolta Business Solutions will tap into this experience, as well as the strengths of the companies’ complementary product lines – Konica’s B&W and color, high-speed, high-end production document systems and Minolta’s full-color imaging systems and office multifunctional devices – to offer a comprehensive, innovative line of color and B&W imaging systems that address the needs of companies and organizations ranging in size from the small office/home office to large production operations. In 2004, Konica Minolta Business Solutions has plans to launch at least 14 new products – nine B&W and five color- including a 105 page-per-minute B&W device with complete finishing capabilities targeted at the high-end production market. National Advertising Campaign Support: A full- color, full-page advertisement, touting the innovation, technology and R&D firepower behind the new Konica Minolta Business Solutions, will appear in national newspapers, as well as business publications, including The Wall Street Journal, USA Today, Fortune and BusinessWeek, during the month of October. The advertisement will also appear in key, targeted industry publications in November and December. These will include: Graphics Arts Monthly, Graphics Design USA, In-Plant Printer, Instant and Small Commercial Printer, Printing Impressions, CIO, InformationWeek and Quick Printing. About Konica Minolta Business Solutions U.S.A. Inc.: By bringing together the strengths of its two founding companies, Konica Minolta Business Solutions U.S.A., Inc., headquartered in Ramsey, New Jersey, is dedicated to providing its customers with complete solutions for their document creation, production, and management needs. Konica Minolta provides the essentials of imaging to companies and organizations ranging from the small office/home office to large production operations with its full line of digital color and black & white printers/copiers, multifunctional peripherals, desktop laser printers, plain-paper facsimile machines, software and network solutions, and professional services. An industry leader in image capture, output and management, Konica Minolta provides world-class service through its extensive network of direct sales offices, authorized dealers, resellers and distribution partners in the United States, Canada, Mexico, Central America and South America. For more information, please visit Konica Minolta on the World Wide Web at konicaminolta.us
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| KONICA MINOLTA BUSINESS SOLUTIONS U.S.A., INC. | ||||
| KONICA MINOLTA HOLDINGS, INC. ANNOUNCES THE FORMATION OF KONICA MINOLTA BUSINESS SOLUTIONS U.S.A., INC. Konica Minolta Business Solutions U.S.A., Inc. – A New Powerhouse that will Challenge and Change the Way People Think About Document Imaging Konica Minolta Holdings, Inc., on Wednesday announced the formation of Konica Minolta Business Solutions U.S.A., Inc., a new company created by the merger of Konica Business Technologies U.S.A, Inc. and Minolta Corporation’s Business Products Group. Headed by Yasuo Matsumoto, former president and chairman of Konica Business Technologies U.S.A., Inc., Konica Minolta Business Solutions will service the document production and management needs of companies throughout North America. “With the completion of the merger, Konica Minolta Business Solutions has solidified its position as a true leader, a new powerhouse in an increasingly competitive industry,” said Yasuo Matsumoto, president and CEO, Konica Minolta Business Solutions U.S.A., Inc. As one company, Konica Minolta Business Solutions has: “Konica Minolta Business Solutions has set its sights on being a market leader that challenges and changes the way people think about document imaging,” said Matsumoto. “By coming together, we have strengthened much more than our market share. We have strengthened our product line, our support organization and our branding. A new organization has been born – one that will make fresh new impressions in the field of imaging and in the minds of our customers.” Revenue Growth and Profitability: When Konica Corporation and Minolta Co., Ltd., merged in August 2003, Konica Minolta Holdings, Inc. was formed – a nearly $10 billion corporation with over 38,000 employees and 20 manufacturing facilities. With more than 200 years of combined product experience behind the new business technology group, revenue is forecasted to achieve 17% growth by 2005. Executive Leadership: As part of the integration of the two companies, Matsumoto has announced his top tier management: Breadth of Product Line: Konica and Minolta have been working together for more than two years to jointly develop some of the most exciting new products on the market, including Simitri Polymerized Toner. Now, Konica Minolta Business Solutions will tap into this experience, as well as the strengths of the companies’ complementary product lines – Konica’s B&W and color, high-speed, high-end production document systems and Minolta’s full-color imaging systems and office multifunctional devices – to offer a comprehensive, innovative line of color and B&W imaging systems that address the needs of companies and organizations ranging in size from the small office/home office to large production operations. In 2004, Konica Minolta Business Solutions has plans to launch at least 14 new products – nine B&W and five color- including a 105 page-per-minute B&W device with complete finishing capabilities targeted at the high-end production market. National Advertising Campaign Support: A full- color, full-page advertisement, touting the innovation, technology and R&D firepower behind the new Konica Minolta Business Solutions, will appear in national newspapers, as well as business publications, including The Wall Street Journal, USA Today, Fortune and BusinessWeek, during the month of October. The advertisement will also appear in key, targeted industry publications in November and December. These will include: Graphics Arts Monthly, Graphics Design USA, In-Plant Printer, Instant and Small Commercial Printer, Printing Impressions, CIO, InformationWeek and Quick Printing. About Konica Minolta Business Solutions U.S.A. Inc.: By bringing together the strengths of its two founding companies, Konica Minolta Business Solutions U.S.A., Inc., headquartered in Ramsey, New Jersey, is dedicated to providing its customers with complete solutions for their document creation, production, and management needs. Konica Minolta provides the essentials of imaging to companies and organizations ranging from the small office/home office to large production operations with its full line of digital color and black & white printers/copiers, multifunctional peripherals, desktop laser printers, plain-paper facsimile machines, software and network solutions, and professional services. An industry leader in image capture, output and management, Konica Minolta provides world-class service through its extensive network of direct sales offices, authorized dealers, resellers and distribution partners in the United States, Canada, Mexico, Central America and South America. For more information, please visit Konica Minolta on the World Wide Web at konicaminolta.us
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