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Xerox Names Former HP Indigo Executive, Mangold, to Lead Business Development

Press release from the issuing company

ROCHESTER, N.Y.--April 20, 2004--Xerox Corporation has named Rick Mangold, formerly manager of worldwide sales operations for Hewlett-Packard's Indigo subsidiary, as vice president, business development, for the Production Systems Group, effective immediately. Mangold is responsible for developing new opportunities and providing strategic insight for Xerox's commercial and production print businesses, helping the company deliver leading-edge customer solutions for the digital printing marketplace. Mangold, 51, reports to Gilbert J. Hatch, president of Xerox's $4.5 billion Production Systems Group. "The digital printing industry is on the threshold of rapid growth," Hatch said. "Rick Mangold is an acknowledged expert in the field, and his deep understanding of the industry will help us grow our business and help Xerox better serve its customers. He is a strong addition to our team." Mangold has nearly 25 years of experience in the printing industry and has held key positions with Indigo, Purup-Eskofot and AGFA Graphic Systems. Most recently he led worldwide sales operations for HP Indigo. Before that he was the organization's general manager, responsible for the Indigo Division, North America, where he expanded the division's market share and simultaneously increased customer and employee satisfaction. Mangold is a native of Erie, Pa., and attended Behrend College. Currently a board member of New York University's Center for Graphic Communications, Mangold will reside in Rochester.