Ricoh to Distribute T/R Systems Products In Hong Kong
Thursday, June 07, 2001
Atlanta, GA - June 6, 2001 - T/R SYSTEMS, INC. (NASDAQ: TRSI), a leader in developing innovative solutions for the management and production of digital documents, today announced a distribution relationship with Ricoh Hong Kong, Ltd. in which Ricoh Hong Kong will immediately begin distributing and supporting T/R Systems' products, including the MicroPress(r), MicroImager(tm) and e-Ticket(tm), in Hong Kong, with planned expansion into mainland China. "T/R Systems has experienced great success in the United States as well as in Europe, and we believe that together our two companies can experience similar success in China," said Mr. Tomioka, General Manager of Product Marketing, Ricoh Hong Kong. "The combination of their software products, market leadership and industry knowledge along with our Ricoh Aficio line of print devices and distribution channels, should provide customers with tremendous opportunities for success and satisfaction." Mike Kohlsdorf, President and CEO of T/R Systems stated, "We believe that the markets served by Ricoh Hong Kong are beginning to rapidly adopt digital technologies such as those provided by our products. Ricoh is in an ideal position to assist local companies with optimizing their document production capabilities through feature-rich T/R software applications and powerful Ricoh devices." Because development has already been completed, Ricoh Hong Kong is in a position to begin immediate distribution of the MicroPress with connectivity to the Ricoh Aficio 700, Ricoh Aficio 850 and the Ricoh Aficio 1050 monochrome print devices. The combination of the MicroPress with the Ricoh Aficio 700 has received a 5-Star award (the highest award possible) and the MicroPress with the Ricoh Aficio 850 has received a 4-Star award from BERTL, an independent organization that tests digital document imaging systems and related products (www.bertl.com).