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Three Major Customers Choose Xerox Technology, Services

Press release from the issuing company

STAMFORD, Conn., -- Xerox Corporation (NYSE: XRX) today announced three recent agreements to supply major organizations in Germany, Austria and Russia with more than $10 million of Xerox equipment or services. In Germany, Xerox has secured a six-year partnership with Siemens IT Services to set up networked publishing centers for the printing industry. Managed by Siemens and supported by Xerox's high-volume digital print and publishing technology, the centers will allow customers to place print orders over the Internet. Meanwhile, Diners Club Austria, one of the main credit card and service providers for Austria and Eastern Europe, has chosen to use Xerox's Internet presentment solution for statements and bills, called BillXchange. The document solution enables Diners Club Austria to deliver the 240,000 reports, statements and bills it issues per month via the Web, and it also allows customers to settle their bills online. In Russia, Xerox has received its largest single order in terms of units. Xerox Russia will supply more than 2,000 newly developed light-lens copiers, and more than 320 Document Centre digital products, to the country's Ministry of Finance. These follow a series of U.S. agreements recently announced by Xerox, with customers such as Kinko's Inc., BMW Manufacturing Corp., and the U.S. Army Reserve.