DNK.L Regulatory News (DNK)

17 Jan 2006 15:00

Danka Business Systems PLC17 January 2006 Embargoed until 15.00 17 January 2006 Danka Business Systems PLC ("Danka") Danka Expands Strategic Relationship with Pitney Bowes Danka Business Systems PLC, a leading independent global provider of officeimaging systems and services (LSE: DNK; NASDAQ: DANKY) today announced that thecompany has entered into an expanded multi-year strategic relationship with itslargest customer, Pitney Bowes Management Services, Inc. ("PMBS"), awholly-owned subsidiary of Pitney Bowes Inc. (NYSE: PBI). Under the terms ofthis agreement Danka becomes PBMS's preferred service provider for the majorityof its copier equipment fleet in the U.S. "The extension and expansion of our Pitney Bowes relationship will generatesubstantial benefits for both companies," commented Todd Mavis, Danka's ChiefExecutive Officer. "By leveraging our service-driven capabilities, including ourinnovative Managed Print Services offerings, we will enable Pitney Bowes tounify and streamline the bulk of its copier support requirements - resulting inimproved fleet utilisation and lower overall total costs of ownership. Equallyimportant, this expanded relationship will also be a key driver in our goal tostabilise Danka's services revenue -- a key tenet of our strategic plan. Thisagreement builds on our excellent long-term relationship with Pitney Bowes andis further demonstration of our shared market views including a commitment toproviding our customers with the best support in the industry." "Our important relationship with Danka continues to grow and strengthen," notedVincent De Palma, President, Pitney Bowes Management Services. "This newagreement will assist Pitney Bowes in growing its share of the facilitiesmanagement market by offering a complete document management solution, supportedby Danka across the U.S. for both new and existing customers. This consolidationof our U.S. services needs was made possible by our confidence in Danka andtheir demonstrated industry leadership in providing superior service andsupport." - ends - For further information, please contact: Danka Business Systems PLCCheley Howes, Danka Investor Relations 001 727 622 2760Paul G. Dumond, Danka London 020 7605 0154 Weber Shandwick Square MileJames Chandler / Helen Thomas 020 7067 0700 Pitney BowesColette Cote 001 203 351 6132 About Danka Danka delivers value to clients worldwide by using its expert technical andprofessional services to implement effective document information solutions. As one 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 www.danka.com. About Pitney Bowes Pitney Bowes Inc. provides the world's most comprehensive suite of mailstreamsoftware, hardware, services and solutions to help companies manage their flowof mail, documents and packages to improve communication. Pitney Bowes, with$5.4 billion in annual revenue, takes an all-inclusive view of its customers'operations, helping organisations of all sizes enjoy the competitive advantagethat comes from an optimised mailstream. The company's 85 years of technologicalleadership have produced many major mailstream innovations, and it isconsistently on the Intellectual Property Owners Association's list of top U.S.patent holders. With approximately 35,000 employees worldwide, Pitney Bowesserves more than 2 million businesses through direct and dealer operations. Moreinformation about the company can be found at www.pb.com. 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 of Danka Business Systems PLC. All othertrademarks are the property of their respective owners. This information is provided by RNS The company news service from the London Stock Exchange