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Konica Minolta and Danka Business Systems Announce Strategic Distribution Agreement

Press release from the issuing company

RAMSEY, N.J. and ST. PETERSBURG, Fla., Nov. 19 2007 -- Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leading provider of advanced imaging and networking technologies from the desktop to the print shop, and Danka Business Systems PLC, one of the largest independent suppliers of office imaging solutions in the United States, today announced the companies have signed a strategic relationship agreement enabling Danka to distribute Konica Minolta products in the United States.
Under the terms of the agreement, Konica Minolta will market its complete line of bizhub color printers and network-ready multifunctional products (MFPs - print, copy, fax, and scan all in one system), and network printers, in select Danka markets beginning in early 2008.
"Konica Minolta's partnership with Danka is evidence of expanding strategic digital imaging sales opportunities in our channel, and further penetrating the color and production print markets," said Steve Jones, executive vice president, U.S. Dealer Sales, Konica Minolta Business Solutions U.S.A., Inc. "We're excited about the prospects this strategic alliance brings for customers in key growth areas of the country, and are looking forward to partnering with a company with a strong and long-standing reputation."
"We are delighted to have this opportunity to partner with Konica Minolta," said A.D. Frazier, chairman and chief executive officer of Danka. "They are a major player in the office imaging solutions marketplace thanks to their cutting-edge technology. This association not only demonstrates confidence in Danka's ability to replicate its successful sales and distribution system for their products, it recognizes Danka's leadership in service and business re-engineering, particularly in the enterprise market segment."