News Release for Archive 2007

Konica Minolta Business Solutions (Canada) Ltd.
Date Posted: 11 June 2007

Konica Minolta Inks Partnership With One Of North America's Top Open-Wheel Racing Events

Industry leading imaging company "throttles up" as official business solution provider for Steelback Grand Prix of Toronto and continues support of Grand Prix of Edmonton

MISSISSAUGA, ON - June 11, 2007 -- Gearing up for what promises to be two of the most exciting races of the 2007 Champ Car World Series, KONICA MINOLTA BUSINESS SOLUTIONS (CANADA) LTD. (KONICA MINOLTA) today announced a multi-year partnership agreement that makes the company the official business solution provider for the Steelback Grand Prix of Toronto. KONICA MINOLTA has sponsored the Grand Prix of Edmonton since 2005 and this new partnership represents an important expansion of the company's role in supporting Canadian sports. In addition to providing on-site solutions for document, imaging, creation production and management, KONICA MINOLTA will have a strong brand presence at both races while Toronto race fans will also have access to interactive stations.

Making its official Canadian debut at the Steelback Grand Prix of Toronto will be KONICA MINOLTA's new bizhub C550 - a breakthrough colour printer/copier/scanner/fax device. The next generation bizhub C550 will serve teams in Toronto and Edmonton as an all-in-one workhorse with industry-defining image quality, reliability and enhanced productivity features.

"Racing is an exciting part of Canadian sport and this partnership represents KONICA MINOLTA's shared vision for making these prestigious events successful," said Ken Umeda, President, KONICA MINOLTA BUSINESS SOLUTIONS (CANADA) LTD. "The Steelback Grand Prix of Toronto and Grand Prix of Edmonton are the spectacular results of hundreds of people behind the scenes making things happen. KONICA MINOLTA understands their role and will support their efforts with the innovative solutions they need to quickly and confidently conduct the business side of racing."

In the weeks leading up to the races in Toronto and Edmonton, KONICA MINOLTA will work closely with organizers on the creation of a temporary yet fully-functioning office headquarters environment on the event grounds.

"There is a tremendous amount of work underway during the critical time just before the Steelback Grand Prix of Toronto," said Charlie Johnstone, President and CEO, Grand Prix Association of Toronto. "Working with KONICA MINOLTA and their business solutions assures our team of a seamless transition to our temporary offices at the Exhibition Place track. From race headquarters to the media centre to KONICA MINOLTA's interactive race fan locations, their partnership will be integral to the success of this world-class event."

Under the terms of the partnership agreement, KONICA MINOLTA will be the official business solution provider for the Steelback Grand Prix of Toronto in 2007 and 2008 and for the Grand Prix of Edmonton until 2009.

"As our official digital document and imaging provider, KONICA MINOLTA is a valued sponsor of the 2007 Grand Prix of Edmonton," said Jim Haskins, President and GM of the Grand Prix of Edmonton. "We want to work only with the best and KONICA MINOLTA has always been a very strong supporter of this race. Our relationship with them has grown tremendously over the past three years and we know their continued involvement will be a major contribution to one of Edmonton's and Canada's most impressive sporting events."

About KONICA MINOLTA BUSINESS SOLUTIONS (CANADA) LTD.

Headquartered in Mississauga, Ontario, KONICA MINOLTA BUSINESS SOLUTIONS (CANADA) LTD. brings together the strengths of its two founding companies and is dedicated to providing customers with comprehensive solutions for their document imaging, creation, production, and management requirements. KONICA MINOLTA offers companies and organizations the essentials of imaging suited for small office environments through large production operations with a full line of digital colour and black and white printers/copiers, multifunction peripherals, desktop laser printers, plain-paper facsimile machines, as well as software and network solutions.

An industry leader in business solutions, imaging technology, and multifunction products, KONICA MINOLTA delivers world-class service through its extensive network of direct sales offices and authorized dealers throughout Canada. For more information, please visit KONICA MINOLTA on the World Wide Web at www.konicaminolta.ca.

About the Grand Prix Association of Toronto

The Grand Prix Association of Toronto is the owner and promoter of the Grand Prix of Toronto. For the past 21 years, Torontonians have celebrated a long-weekend of world-class racing on their streets. The event will return to Toronto's Exhibition Place on July 6, 7 and 8, 2007 with a spectacular festival of international racers and exciting off-track entertainment. Tickets are on sale now at www.grandprixtoronto.com or by calling 416.588.RACE (7223).

About the Grand Prix of Edmonton

The Grand Prix of Edmonton celebrates its third year at the City Centre Airport. The highlight of this weekend of speed is the Champ Car World Series introducing the new DP01 chassis, as well as the Cooper Tires Presents The Champ Car Atlantic Championship Powered by Mazda and NASCAR Canadian Tire Series. Last year, over the three day festival of speed, the total attendance reached 170,000 people. Edmonton is SPEED CITY July 20-22, 2007. Tickets are on sale now at www.grandprixedmonton.