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Former IBM Global Services Executive Joins Danka

Press release from the issuing company

ST. PETERSBURG, Fla.--Feb. 14, 2003--Danka Business Systems PLC today announced the appointment of Manos Menayas as executive vice president of Danka's U.S. Technical Services. Menayas joins Danka from IBM Global Services, where he held senior management positions in professional, third-party, technical, and consulting services during his 25-year tenure. Menayas will lead the U.S. Technical Services efforts to address the analog to digital impact to the Company's traditional service business. He will also collaborate closely with the recently formed U.S. Multi-Vendor Services organization and its recently appointed leader, Paul Gange as well as with Mike Howard, senior vice president of professional services, to drive these high value growth initiatives. "The top priority in the U.S. is the successful transitioning of our Technical Services business from analog to digital, while simultaneously pursuing growth opportunities that will take full advantage of our talented technicians, support infrastructure, and world-class reputation," said Todd Mavis, president and COO of Danka's U.S. Group. "I'm pleased to have recruited a high-caliber executive such as Manos Menayas for this important effort. His experience at IBM Global Services, including his leadership in delivering consecutive quarters of growth at a key business unit, will benefit greatly our service-related initiatives." As an IBM Global Services vice president, Menayas led a staff of 3,000 consultants and service professionals that generated sales of more than $2 billion. "I'm excited about joining Danka, partly because it is a highly regarded service provider and partly because it is clearly focused on expanding those services," noted Menayas. "Given Danka's strong service infrastructure in the United States, and its recent financial turnaround, I believe there are multiple opportunities to enhance current offerings and add new ones. I look forward to working with Paul Gange, Mike Howard and others within Danka to optimize our existing service capabilities and pursue growth opportunities." Menayas also will work closely with outgoing U.S. Technical Services executive Mike Hawkins to ensure a smooth transition. Hawkins is retiring in April after a distinguished career with Danka and Xerox. Following his retirement, Mike will continue to consult with the company to assist in the transition to new leadership.