DNK.L Regulatory News (DNK)

1 Aug 2005 15:30

Danka Business Systems PLC01 August 2005 Embargoed until 15.30 1st August 2005 DANKA BUSINESS SYSTEMS PLC ("Danka" or the "Company") DANKA OUTSOURCES HR AND PAYROLL TO GEVITY - New Cost Effective Program Will Boost Productivity and Help Achieve Vision 21 Goals - Danka Business Systems PLC (Nasdaq: DANKY; LSE: DNK), a leading independentglobal provider of office imaging systems and services, today announced anagreement with Gevity HR, Inc. (Nasdaq: GVHR) under which Danka will outsourceto Gevity all Human Resources and Payroll Operations for the company'sapproximately 3100 current US employees. Gevity also will manage Danka's UShealth, welfare and benefits programs, and provide additional cost effective HRprograms and capabilities. As part of the agreement with Gevity, Danka employees will continue to becovered by all current insurance carriers without interruption. Additionally,Danka will transition more than 40 HR and Payroll employees to Gevity effectiveimmediately. "We see this as another significant initiative in executing our Vision 21program to return Danka to profitability and to help drive future growth,"stated Todd Mavis, Danka's Chief Executive Officer. "Moreover, we are pleased tobecome a mutual partner with Gevity, which selected us as an outsourcing partnerin 2003." Mr. Mavis added "Gevity not only shares our vision of the pivotal roleoutsourcing plays in business success, but also understands our business andwill be partnering with us to help achieve our goals." Lisa Harris, Senior Vice President of Client Services and Chief InformationOfficer of Gevity, commented, "As a company that recognises and promotes thetrue value and positive bottom line effect of outsourcing, we have been verysatisfied customers of Danka's document information solutions for nearly twoyears and now welcome this new reciprocal relationship with them." "We are pleased that while we have successfully provided high impact solutionsto companies approaching Danka's size, what helped bring this new partnership tofruition is Gevity's recent introduction of its New Generation of Services,"said Sal Uglietta, Gevity's Senior Vice President of Marketing and Sales. Hestated further, "We expect our expanded range of high impact offerings, coupledwith the new platform and delivery system options, will serve Danka very welland also appeal to other companies in its size range." Danka said that in the weeks ahead it will be working with the Gevity team tointroduce comprehensive, short and long term HR programs that it expects willbring many new advantages to Danka employees and become key drivers ofproductivity and Vision 21 success. - ends - For further information please contact: Danka Business Systems PLCDonald Thurman, Danka Investor Relations 001 770 280 3990Paul Dumond, Company Secretary 020 7605 0150 Weber Shandwick Square MileJames Chandler / Helen Thomas 020 7067 0700 About Danka Danka delivers value to clients worldwide by using its expert technical andprofessional services to implement effective document information solutions. Asone of the largest independent providers of enterprise imaging systems andservices, the company enables choice, convenience, and continuity. Danka'svision is to empower customers to benefit fully from the convergence of imageand document technologies in a connected environment. This approach willstrengthen the company's client relationships and expand its strategic value.For more information, visit Danka at http://www.danka.com. About Gevity Gevity helps clients increase profits, grow sales and improve customersatisfaction through its comprehensive employee management solution. It servesas the insourced human resource department to small and medium-sized businessesnationwide. Gevity's unique approach integrates three key drivers of businesssuccess: workforce alignment, administrative relief and business protection.Gevity delivers its solution through its innovative people, processing andportal approach, combining the resources of its highly skilled human resourceconsultants and its scalable, Web-enabled technology platform. 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 and Danka @ the Desktop is a trademark of DankaBusiness Systems PLC. All other trademarks are the property of their respectiveowners. This information is provided by RNS The company news service from the London Stock Exchange