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Ikon to Resell Hewlett-Packard Equipment

Press release from the issuing company

Valley Forge, Pennsylvania-IKON Office Solutions (NYSE: IKN) today announced it has entered into a Document Management Solutions Reseller Agreement with Hewlett-Packard Company (NYSE: HWP) that leverages the strength of IKON's 14,000-plus sales and service professionals to market and support HP printing and imaging solutions, while continuing to improve IKON's ability to provide customers with technology independent solutions that meet their specific document workflow needs. "Together, HP and IKON will help redefine the way businesses manage, produce and deliver documents," said Barb Pellow, Senior Vice President of Marketing for IKON. "The addition of HP to our portfolio strengthens the range of products and services we can offer as we work with customers to improve printer support and reduce costs while at the same time providing a significant business opportunity for IKON." "Businesses are looking to reduce operating costs by implementing digital document management strategies," said Kevin Gilroy, General Manager for HP's Commercial Channels Organization. "This combination of IKON's consultative sales and service capabilities and HP's industry-leading line of network printers, multifunction devices and imaging solutions, positions us well to serve our mutual customers." IKON customers will benefit from an expanded print services offering, including on-site management, maintenance and support of cutting-edge imaging technology and comprehensive document workflow solutions. In addition, the agreement will enable IKON to offer national service on HP products, and enhance IKON's ability to serve customers in managing the expenses associated with document output. "This relationship allows IKON to provide both copier and printer management services at customer sites, meeting the needs of office administration and IT professionals alike," said Richard Brock, Vice President, Digital Office Solutions and Product Development for IKON. "IKON's roster of existing solutions and highly skilled sales and service professionals, combined with HP's powerful technology, creates a superior customer deliverable."

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