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Konica Minolta Acquires CopySource Inc.

Acquisition to Enhance Konica Minolta’s Reach in the Southeast Florida Region

Acquisition to Enhance Konica Minolta’s Reach in the Southeast Florida Region

Ramsey, N.J. – December 10, 2013 - Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), today announced that it has acquired CopySource Inc., a business solutions dealership headquartered in Coral Springs, Fla., to increase Konica Minolta’s reach in the southeast Florida region.

As part of the acquisition agreement, CopySource will operate as a wholly-owned subsidiary of Konica Minolta and maintain its current locations in Broward, Miami-Dade and Palm Beach Counties, as well as its entire roster of more than 60 employees. CopySource will continue to provide customers with best in class enterprise content management (ECM) solutions, managed print services (MPS), hardware and services. CopySource President Tim Marshall will continue to lead the operation and will report directly to Rick Taylor, President and Chief Operating Officer, Konica Minolta Business Solutions U.S.A., Inc.

"Making this acquisition further positions Konica Minolta to increase our presence in South Florida," says Rick Taylor. "We are clearly set on a course to implement a growth strategy that includes organic growth, value-based partnerships with dealer partners, and acquisitions where there is strong value for both the customer and the company. CopySource’s reputation as a leading business solutions company in the region, along with its stellar level of service, is proof enough of the company’s exceptional management team, technologies, services and expertise.”  

Recognized as an Inc. 5000 Company for two consecutive years, CopySource opened for business in January 2008 and quickly grew to be a leading regional provider of innovative document management systems and services that enable customers to improve document work flow and increase efficiency. Through the integration of copiers, printers, MFP technologies, and document management software and systems, CopySource delivers tailored, high-value solutions that are implemented and supported by its team of services professionals.

"Our senior management team strongly believes that CopySource’s customers and employees will benefit greatly as members of the Konica Minolta Team,” says Tim Marshall. “Konica Minolta’s global resources, exceptional product line, commitment to service and extensive business solutions will allow CopySource to provide our customers with even more value. Additionally, by utilizing Konica Minolta’s solutions, we will enable customers to improve document workflow and increase efficiency while reducing costs.”

About Konica Minolta

Konica Minolta Business Solutions U.S.A., Inc. is a leader in advanced document management technologies and IT Services. The company focuses on complete business solutions including production print systems, digital presses, multifunctional products (MFPs), managed print services, vertical application solutions and related services and supplies. Konica Minolta has won numerous awards and recognition including being recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for six consecutive years, and “A3 MFP Line of the Year” award winner from Buyers Laboratory LLC for three consecutive years. In 2012, Konica Minolta received “Document Imaging Solutions Line of the Year” recognition from BLI. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index for two years in a row. For more information, please visit www.CountOnKonicaMinolta.com and follow Konica Minolta on Facebook, YouTube, and Twitter.

Media Contacts

Naeran Rubio

Konica Minolta Business Solutions U.S.A., Inc.

+1 201.934.4759

nrubio@kmbs.konicaminolta.us

Rachel Reed

Konica Minolta Business Solutions U.S.A., Inc.

+1 856.381.0651

rachel.reed@kmbs.konicaminolta.us

Alicia Libucha

Konica Minolta Business Solutions U.S.A., Inc.

+1 857.205.0919

alibucha@kmbs.konicaminolta.us

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Konica Minolta is a registered trademark of Konica Minolta Holdings, Inc.  All other trademarks mentioned in this document are the property of their respective owners.