News Release for Archive 2007

Konica Minolta Business Solutions (Canada) Ltd.
Date Posted: 30 April 2007

KONICA MINOLTA LAUNCHES NEW bizhub C550

The Next Generation bizhub C550 Colour Printer/Copier/Scanner/Fax is Ideal for High-end Office Workgroups that Need a Workhorse Device for All of Their Document Output and Document Management Needs

MISSISSAUGA, ON - April 30, 2007 -- Combining of breakthrough styling with fast colour and cost-effective black and white output, the new bizhub C550 from KONICA MINOLTA BUSINESS SOLUTIONS (CANADA) LTD. (KONICA MINOLTA) provides all-in-one functionality (print, copy, scan, fax) for high-end office workgroups and applications that require 45 pages per minute (ppm) colour and 55 ppm black and white document production. Developed and manufactured by KONICA MINOLTA, the bizhub C550 is the first in a series of next-generation bizhub products scheduled for introduction in 2007. It is designed to be a true colour replacement for monochrome (black and white) devices and incorporates advanced KONICA MINOLTA technologies, new innovative features such as the tandem laser print head and improvements that deliver better image quality, reliability and enhanced productivity. The bizhub C550 is a true MFP. Its all-in-one capability replaces redundant devices, such as a separate scanner, fax machine, and/or printer.

"Our customers will appreciate the modern and sleek appearance of the new bizhub C550," says Ken Umeda, President, KONICA BUSINESS SOLUTIONS (CANADA) LTD. "Its new dramatic charcoal grey colour scheme and '360 degree design' hides power and network cables giving it an uncluttered look from all angles so it can be centered in any busy work environment. While the new 'InfoLine' design feature makes it easy for users to determine the status of key device functions from across the room" he adds.

"The bizhub C550 targets three audiences," says Marie Novakis, Director of Product Planning and Development. "First is the black and white replacement market. In this segment the mix between colour output and black and white output is 30% and 70% respectively, with monthly volumes up to 50,000 pages. The second market is what we call the colour environment, such as a marketing department, characterized by a higher ratio of colour, 45%, to black and white, 55%. The third market is what we term the full colour environment, with at least 60% colour output and 40% black and white output. The versatility of the bizhub C550 makes it easily adaptable to each market environment, simply by changing controller and finishing options. We fully expect to expand our sales opportunities with a product that meets such a wide range of our customers' needs", she adds.

For more information on the new bizhub C550 visit www.konicaminolta.ca/C550

About KONICA MINOLTA BUSINESS SOLUTIONS (CANADA) LTD.

By bringing together the strengths of its two founding companies, KONICA MINOLTA Business Solutions (Canada) Ltd., headquartered in Mississauga, Ontario, is dedicated to providing its customers with comprehensive solutions for their document imaging, creation, production, and management requirements. KONICA MINOLTA provides the essentials of imaging to companies and organizations ranging from the small office/home office to large production operations with its full line of digital colour and black & white printers/copiers, multifunctional peripherals, desktop laser printers, plain-paper facsimile machines, and software and network solutions.

An industry leader in image capture, output and management, KONICA MINOLTA provides 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.