News Release for Archive 2007

Konica Minolta Business Solutions (Canada) Ltd.
Date Posted: 21 May 2007

Konica Minolta Announces New Organizational Alignment to Better Provide Complete "Desktop to Print Shop" Solutions

Merging Printing Solutions into Business Solutions Unit to Provide Unified Approach to Market and Allow Customers to Easily Benefit from End-to-End Document Management Solutions

RAMSEY, NJ – May 21, 2007 -- Konica Minolta Business Solutions U.S.A., Inc. (KMBS), a leading provider of advanced imaging and networking technologies, and Konica Minolta Printing Solutions U.S.A., Inc. (KMPS), a leading provider of laser printers, today announced that KMPS will be merged with KMBS. In unifying into one organization, the new business unit will be able to offer customers complete solutions for document creation, production and management ranging from small office/home office to workgroups and enterprises all the way up to large production operations with its technologically advanced line of products and services. With this merger, Jun Haraguchi will continue to serve as president and CEO of Konica Minolta Business Solutions U.S.A., Inc.

"This is a very important development for Konica Minolta, our channel partners, and our customers. By unifying under one umbrella organization, we are able to mobilize our full resources to take advantage of the business opportunity before us, while offering one point of contact to our customers and channel partners," said Jun Haraguchi, president and CEO, Konica Minolta Business Solutions U.S.A., Inc. "The continued market success that we've seen in the MFP marketplace can now be extended to our full line of print products. Our partners will benefit from an optimized channel approach, a more robust product portfolio, and stronger brand image and market awareness. The end result will be greater customer satisfaction."

"Managed Printing Services are playing a more major role in the IT channel in the United States. I believe merging KMPS and KMBS will create one stronger Company that can offer both Printers and MFP's with a strong level of expertise in both areas. This merger makes excellent strategic sense and will offer our customers a better level of satisfaction," said Tony Shiraiwa, president and CEO, Konica Minolta Printing Solutions U.S.A., Inc. "Additionally, the planned expansion of our product portfolio will provide us with an excellent opportunity for substantially growing both the Printer and AIO business and allow Konica Minolta to continue to expand its market presence to truly become one of the leading business product vendors".

In response to developments where the multifunctional products (MFPs) and printer/all-in-one (AIOs) product marketplaces are converging, Konica Minolta Business Solutions U.S.A. is aligning its organization to achieve key initiatives to deliver ultimate customer satisfaction:

• Providing "Desktop to Print Shop" solutions – designed to offer a full portfolio of products that can specifically address a greater range of price-performance and colour needs that span black and white; monochrome and full colour; single or multifunction unit capabilities; and home to production operation environments.
• A unified component approach – designed to create consistency and efficiency across product lines encompassing everything from Konica Minolta's proprietary Emperon print technology including function-rich, yet easy-to-use, state-of-the-art print drivers with common user interface, to Simitri™ Polymerized Toner.
• An IT-ready product set – to deliver the most popular line of products with digital connectivity tailored to specific industries that address optimized workflow, network management, security and verification.
• Provide total solutions services – to its customers for the design, implementation and maintenance of complete solutions for document creation, production and management.
• A holistic market approach – offering a combination of products, services and partners to address the entire marketplace from home office, small-to-midsize business, and enterprise needs, taking advantage of the continuing shift to colour documents.

In calendar year 2006, Konica Minolta recorded more than 30 percent year-over-year growth in the colour marketplace, and as such Konica Minolta's brand value has steadily increased both in the United States and worldwide. Konica Minolta continues to maintain its leadership position within the market based on having the most popular and diverse lineup of products with digital connectivity tailored to the industry, and the No. 1 U.S. market share position in Konica Minolta's key colour laser MFP segments (Colour 21+ ppm)*.

About Konica Minolta Business Solutions U.S.A.

Konica Minolta Business Solutions U.S.A., Inc., offers a broad range of multifunctional digital imaging solutions inspired by its bizhub™ brand of powerful solutions that serve as the central resource for document scanning, in-house printing, copying, faxing and electronic archiving and distribution. From high-quality colour and monochrome bizhub systems for workgroups and small offices, to advanced high-volume bizhub PRO™ production printing systems for large corporations and print-for-pay services, Konica Minolta is leading the industry toward integrated, networked hardware/software solutions that are more simple, reliable, and cost-effective. Complementing its bizhub solutions, Konica Minolta also offers desktop laser printers, microform digital imaging systems, wide-format printers and scanning systems for specialized applications.

Headquartered in Ramsey, New Jersey, Konica Minolta delivers expert professional services and experienced, responsive client support, in addition to the world-class service provided through its extensive network of direct sales offices, authorized dealers, resellers and distribution partners in the United States, Canada, Mexico, Central America and South America. For more information, please visit Konica Minolta at www.kmbs.konicaminlta.us.

About Konica Minolta Printing Solutions U.S.A.

Konica Minolta Printing Solutions U.S.A., Inc. is an innovative developer, manufacturer, and supplier of document printing solutions. The product line includes colour and monochrome laser printers and all-in-ones, and associated supplies and accessories for general office, electronic publishing, graphic design, advanced imaging, and home office applications. Konica Minolta Printing Solutions U.S.A., Inc. headquarters are in Ramsey, New Jersey, USA, and its products are distributed through a broad network of e-commerce, retail, reseller, and distribution partners.

*

– Top U.S. market share position in CY2006 unit shipments for 21+ppm colour laser MFPs, according to IDC's Worldwide Quarterly Hardcopy Peripherals Tracker, Q4 2006. Konica Minolta is a trademark of Konica Minolta Holdings, Inc. bizhub, bizhub PRO, and PagePro are trademarks of Konica Minolta Business Technologies, Inc. magicolour is a trademark or registered trademark of Konica Minolta Printing Solutions U.S.A., Inc. All other trademarks mentioned in this document are the property of their respective owners.