Valley Forge, Pennsylvania—February 28, 2001—IKON Office Solutions, Inc. (NYSE: IKN) today announced a new release of Digital Express® 2000, its Web-based document management and print e-procurement offering, evidence of IKON's commitment to providing the leading solutions in the print e-procurement space. This release expands its Digital Express 2000 capabilities as an Application Service Provider (ASP) offering for an ease-of-entry document management and print e-procurement solution for commercial, quick and in-plant printers. The solution is flexible and scalable, based on a "pay-as-you-go" portal design and a subscription basis — for an e-commerce presence as simple as a customized Web site from a template package for ordering via the Internet, to a full-scale ordering and document management repository for managing repetitive print programs. "As an ASP model, Digital Express 2000 provides commercial printers with an answer for developing and deploying an e-procurement strategy, without significant capital expense. While some difficulties have been experienced of late by providers of print e-procurement services, this does not change the fact that buyers of printing services are moving quickly to a Web workstyle. IKON's offering places print e-procurement services within easy reach of print service providers, enabling them to meet these customer needs while still maintaining control of the customer relationship," said Barb Pellow, IKON's Senior Vice President of Marketing "With Digital Express 2000, IKON has built a successful e-procurement model, which we have been refining in our own digital print production centers to serve customers for more than three years. Through the ASP model, we are sharing our technology investment, development services and expertise with the graphic arts industry," Pellow continued.