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From: Docusultant (Original Message) Sent: 9/11/2002 2:04 PM
All you guys who are Gestetner, Savin dealers, God Bless, this should be a God send for you guys. For me having a Savin Direct, Ricoh Direct, Savin Dealer, Gestetner Dealer and another Ricoh dealer in my territory..................bad, bad,, bad,..............guys if I go to Canon can I still be a member here?

Ricoh Corporation Announces The Formation Of Ricoh U.S.

Major Organizational Change Will Dramatically Increase Efficiencies Across

All Levels of the Organization





Business Editors





WEST CALDWELL, N.J.--(BUSINESS WIRE)--Sept. 4, 2002--





Ricoh Corporation, the Dependable Digital(TM) output company, announced

today the formation of Ricoh U.S., a newly developed business unit within

Ricoh Corporation.

Ricoh U.S. will be comprised of Ricoh Corporation's Office Products Group,

(including the Ricoh, Savin and Gestetner brands), the Office Solutions

Group and the four Ricoh Business Systems sales subsidiaries. The new Ricoh

U.S. organizational structure will take effect on October 1, 2002, when it

will begin to utilize a single management team and business plan. Full

integration of Ricoh and Savin entities into Ricoh U.S. will take

approximately two to three years to complete.

The creation of Ricoh U.S. is a major step in the transformation of Ricoh

Corporation from a copier and fax hardware supplier into a total document

and printing solutions provider. By combining Ricoh and Savin capabilities,

Ricoh Corporation will be a simpler, faster and easier company to do

business.

The Ricoh U.S. management team will be responsible for creating the unit's

new business plan and determining the resources necessary to achieve that

plan.

The Ricoh, Savin and Gestetner brands as well as their respective dealer

networks and existing distribution channels will remain intact and be

maintained under Ricoh Corporation. Additionally, Lanier Worldwide,

acquired by Ricoh Corporation in 2001, will not become part of Ricoh U.S.,

but will continue to function as a separate unit of the Ricoh Family Group.

"Ricoh Corporation is extremely pleased to announce the formation of Ricoh

U.S. Maximizing the resources of both Ricoh and Savin Corporations will

allow us to drive down costs, generate additional funds to invest back into

the company and ultimately, make us more competitive in a changing

marketplace," said Kirk Yoshida, President and CEO of Ricoh Corporation.

"The changes to our organization are market and customer driven and the

increasing importance of major and national accounts coupled with the

emergence of IT executives as decision-makers made it necessary to change

the way we do business."





Ricoh U.S. Management Responsibilities





Jim Ivy, currently OPG President and Chairman & CEO of Savin Corporation,

is appointed President of Ricoh U.S., reporting to Kirk Yoshida, President

& CEO of Ricoh Corporation. Ivy will retain his responsibilities as

Executive Vice President of Ricoh Corporation.

The key division heads of Ricoh U.S. who will report directly to Jim Ivy

are as follows:

Tom Salierno, currently President and COO of Savin Corporation, will head

up both the Ricoh U.S. Operations and Direct Sales Divisions.

Hede Nonaka, currently vice president of OPG Ricoh and OSG Marketing, will

be the leader of Ricoh U.S.'s Marketing Division. Nonaka will continue to

support all Ricoh Family Group (Ricoh, Savin and Lanier), marketing

functions.

Wayne Mize, Vice President of the Ricoh Technology Solutions Center (TSC),

which will now include Savin, will continue to support all Ricoh Family

Group technical service functions. Mize will also serve as head of the

Ricoh U.S. Solutions Marketing Division, which will incorporate the present

Network Solution Center with Solutions Marketing. Mize will report to Hede

Nonaka in this capacity.

Alan Nielsen, Vice President Dealer Group of Savin will head up both the

Ricoh U.S. Indirect Sales Division and Ricoh U.S. Major and National

Accounts Division, in addition to retaining responsibility for Savin Dealer

Sales.

Ann Moser, vice president of the Ricoh Printing Solutions Division, will

retain her current responsibility, supporting all channels and will report

to Mr. Ivy.





About Ricoh Corporation





Ricoh Corporation, headquartered in West Caldwell, N.J., is a subsidiary of

Ricoh Company Ltd., the 66-year-old leading supplier of office automation

equipment and electronics, with Fiscal Year 2001 sales in excess of $14

billion.

Ricoh Corporation is a leading provider of computer-connected and digital

multifunctional document systems, and is a market leader in color and black

& white digital imaging systems, facsimile products, printers, scanners,

digital duplicators and wide format engineering systems.

The Company oversees Ricoh operations in North, Central and South America,

including the Savin, Gestetner and Lanier brands. For Fiscal Year 2000,

Ricoh Corporation sales exceeded $2.7 billion and employed more than 11,000

people.

Ricoh has received the 1998, 1999 and 2000 Energy Star Imaging Equipment

Partner of the Year Award from the U.S. Environmental Protection Agency

(EPA) - the EPA's highest industry award. In addition, Ricoh was honored

for its commitment to the environment with the Council on Economic

Priorities Environmental Stewardship Award.

In 2001, Ricoh was named by BusinessWeek as one of the Top 100 Information

Technology Companies in the World. Ricoh has received the Market Research

Consultants Digital Copier Manufacturer of the Year Award for 1996, 1997,

1998, 1999, 2000 and 2001.

Information about Ricoh's complete range of products and services can be

accessed on the World Wide Web at www.ricoh-usa.com.
All referenced product names are the trademarks of their respective

companies.





Kevin Doyle

Key Dealer Sales Manager

Ricoh Corporation
Original Post
From: Graham Sent: 9/23/2002 10:35 AM
Does this mean that we will no longer see the Savin or Gestetner name out there? If so, I am glad that we are still the only Lanier dealer here.

If this is the case, that will make 5 RICOH dealers including myself here in Boise. Plus the Lanier that we have as well

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