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Oce Integrates Production Printing Systems and Document Printing Systems units

Press release from the issuing company

BOCA RATON, FL., JANUARY 16, 2003—Oce, a leader in digital document management and delivery technology, announces the integration of two previously independent business units, Oce Production Printing Systems and Oce Document Printing Systems, in order to better serve customer business requirements. The company will be known as Oce Printing Systems USA, Inc. (OPS). Part of a larger, worldwide reorganization initiated to respond to changing requirements in the document market, Oce in the United States is integrating its Chicago-based Document Printing Systems (DPS) operations, previously focused on office copiers and network printers with its Boca Raton operations, previously dedicated exclusively to production printing solutions. The new organization will position Oce Printing Systems USA, Inc. to effectively serve the needs of the entire enterprise from the office to the data center. As boundaries between office and production printing environments disappear, the new organization will be strategically positioned to address the needs of the entire enterprise. In addition, OPS will be better equipped to address important market trends like the convergence of environments and decision-making authorities. By expanding the company’s reach to address the needs of all aspects of the corporate and commercial marketplace, Oce Printing Systems USA will serve customers more effectively. The company’s marketing group is leading the way with an industry segment approach that will provide greater concentration on Oce customer’s business issues and will offer programs that provide true customer value. Corporate customers include those in banking, finance, government, healthcare, insurance, education, and legal. Commercial customers include those in the in the print-for-pay arena, including quick printers, copy shops, mailers, newspapers, book publishers, and graphic arts organizations. According to Tom Long, President and CEO of the new Oce Printing Systems USA, Inc., “Document environments that were traditionally separate —the office and production printing environments—are now coming together with both the applications used as well as the underlying systems required to support these applications. IT infrastructures are changing, networks are evolving, and decision-making responsibilities are converging. As they do, the creation of a cohesive new company that combines resources, expertise and a market segment approach, while presenting a single ‘face’ to the market, enables our customers to literally make one call to handle all of their print requirements. We are very excited by this development, which represents an important step forward for our company and for our customers. ” The integration of the two formerly independent business units yields critical advantages and opportunities that will benefit the company and customers alike. Product development and manufacturing of cut sheet printers in Poing, Germany and Venlo, The Netherlands will capitalize on synergies by merging facilities into a single process that serves both the office and production printing needs. Printers and software will be developed on a common platform to ensure compatibility, consistency, and economy in design. Additionally, the company will implement a unified strategy and lower cost structures—efficiencies that will translate into more targeted development of solutions and faster time to market for new technology, both of which directly benefit Oce customers. For those customers who prefer to use a single vendor for all of their printing needs, the newly integrated Oce Printing Systems is well positioned to meet those needs. This strategy is further strengthened by the company’s reputation for reliable products, award-winning service, and the announcement of new product lines that offer powerful solutions for both continuous forms and cut sheet applications. Commenting on the restructuring further, Long continued, “Oce Printing Systems is now twice as large and twice as strong in the marketplace. Focused on the singular goal of improving the total customer experience, Oce now offers customers the broadest array of market-ready products and services. For the first time within one company, we can offer customers end-to-end information management solutions for virtually any application anywhere in the enterprise.”