Konica Minolta Business Solutions Leads Two Segments Of U.S. Color Copier Sales
The bizhub C350, 8050 and CF5001 Sales Help Konica Minolta Attain #1 Market Share for 21-30 ppm and 41-69 ppm Color Copier/MFP Segments
KONICA MINOLTA BUSINESS SOLUTIONS LEADS TWO SEGMENTS OF
U.S. COLOR COPIER SALES
bizhub C350, 8050 and CF5001 Sales Help Konica Minolta Attain #1 Market Share for
21-30 ppm and 41-69 ppm Color Copier/MFP Segments
RAMSEY, N.J. - Janaury 13, 2005 - Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announced that it has secured the top market share position in the 21-30 ppm and 41-69 ppm color copier/mfp segments through the first three quarters of 2004. The ranking is based on market research compiled by Gartner, Inc., one of the world's leading IT market research firms.
For combined color copier/mfp segments up to 69 ppm, Konica Minolta has achieved the number two ranking among all vendors. Konica Minolta attained 19 percent of the market share in the third quarter, up 6 percent from the previous quarter.
Fueled by continued customer adoption of its 8050 and CF5001, the company's 50-ppm production-level digital imaging systems, Konica Minolta achieved 85 percent market share for the first three quarters of 2004 in the 41-69 ppm color copier/mfp segment (Segment 5). These high-volume devices bridge the gap between the production color print and departmental color markets, and have set a new benchmark in terms of speed, performance and price since their launch.
In the 21-30 ppm segment (Segment 3), Konica Minolta achieved a market share of 28 percent for the first three quarters of 2004. Konica Minolta attributes this leading position to the rapid success of the recently introduced bizhub C350, Konica Minolta's highly versatile color digital imaging system. The bizhub C350 gives businesses access to an advanced color imaging system at the price of a monochrome device, enabling cost-effective color on demand.
"Recognizing that color is the fastest growing segment in the office document industry, we set a goal in 2004 to become a leader in this segment. These latest market share numbers prove that we are succeeding in that goal. We believe that our advertising and marketing programs have increased the awareness and demand for the bizhub brand and our color product line," said William H. Brewster, Jr., vice president, marketing, Konica Minolta Business Solutions U.S.A., Inc. "The technology behind our color product line offers higher color speeds, superb text and graphics quality, and competitive acquisition and operation costs. This innovative technology, combined with our commitment to provide extensive color support and training for customers and dealers, will continue to drive market share growth in the coming year."
About Konica Minolta Business Solutions U.S.A., Inc.
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 color 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.konicaminolta.us
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