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Xerox Brings Five New Printers, Digital Multifunction Systems

Press release from the issuing company

NEW YORK-June 26, 2001-- Reinforcing its leadership in the networked office, Xerox Corporation today unveiled five new color and black-and-white office products that range from one of the industry's fastest network printers to low-cost digital multifunction systems. The products expand Xerox's Document Centre, WorkCentre Pro and Phaser families, which are designed to help workgroups of all sizes work better, and make up the core of Xerox's presence this week at PC Expo 2001, one of the world's largest IT trade shows. "Xerox has a well-defined history of helping office customers become more productive by streamlining and speeding the way they work. These latest products expand our customers' ability to choose the right Xerox technology for their tasks,'' said Anne Mulcahy, Xerox president and chief operating officer. "We'll continue building on our core strengths in the office to continue fueling Xerox's growth for the future.'' For mid- to large-sized offices or workgroups, Xerox's new digital offerings are the Document Centre 490, the fastest in its class at 90 pages-per-minute (ppm), and the Document Centre 425, a 25-ppm unit that starts at $8,600 and provides an affordable transition for offices migrating from analog to digital. Both the Document Centre 490 and 425 print, copy, fax and scan, and include user-friendly scan-to-email and enhanced network security features. Bringing smaller offices and workgroups advanced technology, Xerox announced the WorkCentre Pro 412, a low-cost multifunction system with color scanning capability that starts at $2,500; the 16-ppm Phaser 860 Color Printer, four times faster than the comparable Hewlett-Packard product and priced at $1,999; and the Phaser 3400 Laser Printer, a 17-ppm black-and-white networkable printer for $649. As part of a continuing push to serve new markets in new ways, Xerox will increase its emphasis on selling Xerox multifunction and network printer lines through its TeleWeb operations and other channels such as resellers, dealers and agents. In addition to the new products, Xerox highlighted a major contract with Mercedes-Benz U.S. International, Inc. The automaker has installed more than 40 Xerox Document Centre systems, and implemented a solution that streamlines how workers file, access and manage industry compliance documents, therefore increasing efficiency and cutting costs. Xerox also showcased its TV advertising campaign featuring a "face off'' between the Xerox Phaser 2135 Color Printer and the HP Color LaserJet 8550. The ad demonstrates that the Xerox printer is more than three times faster than HP's. Commercials will run through September on all three major networks. At PC Expo 2001, Xerox is featuring more than 20 office products, services and solutions.

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