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Equitrac Helps Government Gain Control of Runaway Printing Costs

Press release from the issuing company

Resellers and OEMs Deliver Advanced Systems for Document Output Management CORAL GABLES, Fla.--June 4, 2002--Equitrac Corporation, the company organizations rely on to "Make Documents Count," today announced a stepped up program to address the Federal government's document output tracking needs. Equitrac's new initiative offers the world's largest print document producer advanced solutions for managing document output costs. The new initiative expands recruitment of Federal resellers who receive resources, training and marketing support under Equitrac's OnTRAC program. It also beefs up established OEM programs that integrate Equitrac's technology with copiers and multi-function printers from Savin/Ricoh, Xerox, Sharp and other government contractors. The initiative will be driven from Equitrac's new Washington, D.C. Federal sales office, headed by Gary Kurtis, regional sales director, and Jim Campbell, Federal sales manager. "The current economic environment has made reducing costs associated with the huge volume of printing and copying in the Federal government more important than ever," said Mr. Kurtis. "We believe we will be very successful by organizing our sales efforts to more directly bring to the government a solid, cost-effective solution." "Our new sales initiative is directed toward bringing on VARs, as well as expanding OEM partnerships," Mr. Campbell stated. "We have already gotten our first VARs on board and we have trained several of our OEM partners on our products. Initial response from government contacts regarding our offering has been very favorable." Cost Savings from Document Accounting Systems In the Federal government, Equitrac's solutions already track office equipment output at the Departments of Energy, Transportation, Labor and Defense (Central Command) and in the FCC. Equitrac's Document Accounting Systems enable networked copiers and printers to be monitored and managed with more precision than ever before, providing the crucial information managers need to make good decisions regarding the purchase, deployment and use of these high-speed, multi-function devices. Industry analysis firm IDC estimates that the use of such a system can reduce the costs of printing, managing and distributing documents between 5-15%.

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