DNK.L Regulatory News (DNK)

19 Nov 2007 14:05

Danka Business Systems PLC19 November 2007 FOR IMMEDIATE DISTRIBUTION Konica Minolta and Danka Business Systems Announce Strategic Relationship Distribution Agreement Strengthens Market Presence, Provides Customer Choice Ramsey, NJ and St. Petersburg, FL (November 19, 2007) - Konica Minolta BusinessSolutions U.S.A., Inc. (Konica Minolta), a leading provider of advanced imagingand networking technologies from the desktop to the print shop, and DankaBusiness Systems PLC (Nasdaq:DANKY), one of the largest independent suppliers ofoffice imaging solutions in the United States, today announced the companieshave signed a strategic relationship agreement enabling Danka to distributeKonica Minolta products in the United States. Under the terms of the agreement, Konica Minolta will market its complete lineof bizhubTM color printers and network-ready multifunctional products (MFPs -print, copy, fax, and scan all in one system), and network printers, in selectDanka markets beginning in early 2008. "Konica Minolta's partnership with Danka is evidence of expanding strategicdigital imaging sales opportunities in our channel, and further penetrating thecolor and production print markets," said Steve Jones, executive vice president,U.S. Dealer Sales, Konica Minolta Business Solutions U.S.A., Inc. "We're excitedabout the prospects this strategic alliance brings for customers in key growthareas of the country, and are looking forward to partnering with a company witha strong and long-standing reputation." "We are delighted to have this opportunity to partner with Konica Minolta," saidA.D. Frazier, chairman and chief executive officer of Danka. "They are a majorplayer in the office imaging solutions marketplace thanks to their cutting-edgetechnology. This association not only demonstrates confidence in Danka's abilityto replicate its successful sales and distribution system for their products, itrecognizes Danka's leadership in service and business re-engineering,particularly in the enterprise market segment." About Konica Minolta Business Solutions U.S.A. Konica Minolta Business Solutions U.S.A. Inc. (www.kmbs.konicaminolta.us), aleader in advanced imaging and networking technologies for the desktop to theprint shop, brings together unparalleled advances in security, print quality andnetwork integration via its award-winning line of bizhubTM multifunctionproducts (MFPs); bizhub PROTM production printing systems; magicolor(R) desktopcolor laser printers and all-in-ones; and pageproTM monochrome desktop laserprinters and all-in-ones. Konica Minolta also offers advanced softwaresolutions, wide-format printers, microform digital imaging systems, and scanningsystems for specialized applications. Headquartered in Ramsey, NJ, Konica Minolta delivers expert professionalservices and client support through an extensive network of direct salesoffices, authorized dealers, resellers and distribution partners in the UnitedStates, Canada, Mexico, Central America and South America. About Danka Business Systems PLC Danka delivers value to clients by using its expert technical and professionalservices to implement effective document information solutions. As one of thelargest independent providers of enterprise imaging systems and services, theCompany enables choice, convenience, and continuity. Danka's vision is toempower customers to benefit fully from the convergence of image and documenttechnologies in a connected environment. This approach will strengthen theCompany's client relationships and expand its strategic value. For moreinformation, visit Danka at www.danka.com. Konica Minolta Corporate Contact: James NorbertoKonica Minolta Business Solutions U.S.A., Inc.+1 (201) 825-400jnorberto@kmbs.konicaminolta.us Konica Minolta Media Contact: Rachel ReedLois Paul and Partners+1 (781) 782-5785Rachel_reed@lpp.com Danka Business Systems Corporate Contact: Cheley HowesDanka Business Systems, PLC+1 (727) 622-2760Cheley_howes@danka.com Danka Business Systems Media Contact: Robert E. SwadoshThe Dilenschneider Group+1 (212) 922-0900, ext. 132rswadosh@dgi-nyc.com ### Konica Minolta is a trademark of Konica Minolta Holdings, Inc. bizhub is atrademark of Konica Minolta Business Technologies, Inc. All other trademarksmentioned in this document are the property of their respective owners. Certain statements contained in this press release, including statements relatedto Danka's future business and financial performance, are forward-looking. Suchstatements reflect the current views of Danka with respect to future events andare subject to certain risks, uncertainties and assumptions that could causeactual results to differ materially from those reflected in the forward-lookingstatements. Readers are cautioned not to place undue reliance on these forwardlooking statements, which reflect management's analysis only as of the date theyare made. Danka is a registered trademark. All other trademarks are the propertyof their respective owners. This information is provided by RNS The company news service from the London Stock Exchange