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IKON Launches Sysinct, New e-Business Service Unit

Press release from the issuing company

Valley Forge, Pennsylvania—January 30 , 2001—IKON Office Solutions, Inc. (NYSE: IKN) today unveiled a brand strategy for its e-business unit at the Gartner Medium-Sized Enterprise Summit in San Francisco. Under the brand name "Sysinct," IKON's e-business unit offers a comprehensive suite of e-business solutions designed to benefit customers in the manufacturing, financial services and healthcare industries. Sysinct's service offerings currently include e-business consulting and strategy development, solution architecture and design, information security, infrastructure design and deployment, project management and managed network services. Sysinct intends to focus on delivering proven, packaged and repeatable solutions based on offerings from its business partners and primary vendors, including IBM, Microsoft and Cisco. These solutions utilize a cost-effective approach to development and implementation. Sysinct seeks to become the leading provider of flexible solutions to e-enable mid-market firms, who often have difficulty affording the high investment levels that have historically been required to implement these types of solutions. "The powerful combination of our targeted industry focus, strong partner relationships and experienced staff gives us an unparalleled ability to offer practical solutions to meet our clients' e-business challenges," said Adam Caromicoli, IKON's executive responsible for Sysinct. "By focusing on packaged e-business solutions, we can apply our existing knowledge and extensive experience to our customers' unique business objectives to deliver the right solution, ranging from supply chain management to knowledge workplace solutions."

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