Tagged With "Information Technology Asset Disposition"
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Re: OKC-based company IMAGENET wants to keep employees’ $1,200 stimulus payments….
I have some time to read through the link and it seems they bowed to pressure and have changed their policy. Thank goodness for that
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Re: OKC-based company IMAGENET wants to keep employees’ $1,200 stimulus payments….
Good god. what a piece of work (Putting it nicely). Talk about screwing over your employees. At what point did this seem like a good idea for a company of Pats size. I know everyone is hurting but the 100 mil dealer is not hurting like the 5-10 mil dealer right now in my opinion. Glad he bowed to the pressure but that should have never been considered.
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Re: GlobalSoft Solutions, Inc. Collaborates with Canon Information and Imaging Solutions, Inc.
Wonder if I can make then change to Ricoh MFP's in their offices
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Re: Is This the Beginning of the End for the Padding of Lease Rates?
This bill may not apply to Fair Market Value leases. There is no mention of establishing the residual value of the asset which makes the interest rate impossible to calculate. Is a .0278 rate on a 36 month FMV truly -0- interest? Of course not. If you don't end up with title to the equipment, you really haven't financed anything. What is the interest rate on a Hertz Car Rental? What is the difference between that an a 36 mth FMV other then the length of term?
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Re: Is This the Beginning of the End for the Padding of Lease Rates?
Here is a report from leasingnews.org. One of their legal editors is doing a three part review of this legislation. Leasing News Exclusive: State Senator Steven Glazer and the genesis of CA SB 1235 (Part 1 of 3) By Tom McCurnin Leasing News Legal Editor This is important not only if you are doing commercial business in California, but this may affect other states. If you are new to this, here is legislation passed both the assembly and senate, awaiting California Governor Jerry Brown’s...
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Re: UPDATE 3-Canon buys Dutch Oce for $1.1 bln, fights Ricoh
Found this on the web today:: By Pavel Alpeyev Nov. 18 (Bloomberg) -- Orbis Funds, the asset manager that opposed takeover offers by Warren Buffett and Citigroup Inc., rejected Canon Inc.’s 730 million euro ($1.1 billion) bid to buy unprofitable Dutch printer maker Oce NV as too low. Canon’s 8.60 euros-a-share offer “significantly undervalues” Oce’s assets, and Orbis doesn’t want to sell its stake of about 10 percent at that price, the Bermuda-based manager of $20 billion in assets said in a...
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Re: UPDATE 3-Canon buys Dutch Oce for $1.1 bln, fights Ricoh
SCENARIOS-Will Canon succeed in its bid for Oce? * Canon offering 730 million euros to buy Oce * Shareholder Orbis with 10 percent stake opposes offer * Oce shares remain above Canon's 8.60 euro offer By Harro ten Wolde AMSTERDAM, Nov 20 (Reuters) -Japan's Canon (7751.T) plans to buy Dutch copier and printer maker Oce (OCEN.AS) for 730 million euros ($1.09 billion), but large Oce shareholder Orbis said the offer undervalued the company. In response, Oce shares passed Canon's 70 percent...
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Re: Time in business requirements
The leasing company makes money when and if they are paid back, not when they lend the money! The rep is always free to cosign the loan if they think it's a BS issue but I think it would suddenly become a REAL issue at that point. After all, at that point we'd be talking about REAL money, not OPM. The leasing company is just wisely refusing all businesses under two years, then looking at the credit app and seeing that there is basically nothing on the app to support the loan, so they request...
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Re: Time in business requirements
Cash Gap: Going back to the past and seems like you've been in the biz for a long time. There was a time when: If you were over 2 years in biz, 90% of the time no PG was required. The leasing companies that you did business with would not "cream" the apps, they would take the good, the bad and the ugly (well, sometimes with the ugly) Problem now, is that all leasing companies want the cream, and that's where I have an issue, if you want first dibs to our portfolio, don't cream the apps, and...
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Re: matt espe quits
WEST CALDWELL, N.J., June 25, 2010 /PRNewswire via COMTEX/ -- Ricoh Americas Corporation, a leading provider of digital office equipment and advanced document management solutions and services, today announced that Kevin Togashi will assume the role of Chairman and Chief Executive Officer of Ricoh Americas Corporation effective July 1, 2010. Togashi takes on the role from Matthew J. Espe who has resigned his post as Chairman and Chief Executive Officer of Ricoh Americas Corporation to become...
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Re: Would You Loan this company Money?
Currency in Millions of U.S. Dollars As of: Mar 31 2008 USD Mar 31 2009 USD Mar 31 2010 USD Mar 31 2011 USD 4-Year Trend NET INCOME 16.0 1.9 -21.6 -32.6 Depreciation & Amortization 6.3 6.5 4.7 9.0 DEPRECIATION & AMORTIZATION, TOTAL 6.3 6.5 4.7 9.0 (Gain) Loss from Sale of Asset -0.1 0.2 0.1 4.9 (Gain) Loss on Sale of Investment 0.9 0.1 0.0 -- (Income) Loss on Equity Investments -0.3 -0.2 -0.3 -- Change in Accounts Receivable 12.0 5.6 8.7 -6.1 Change in Inventories 0.3 -16.3 25.8 -4.0...
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Re: Japan's Sharp Corp plans to sell its copiers and air conditioners businesses
Somewhere near last.... However, I just picked up this press release from Rueters also: Sharp seeking over $1.2 bln for plant and other assets -Yomiuri * Sharp also in talks to sell some Tokyo offices -Yomiuri * Sharp will struggle to find buyer for solar business-source By Reiji Murai and Tim Kelly TOKYO, Aug 16 (Reuters) - Cash-strapped Sharp Corp is in talks to sell its key solar panel plant in Japan as part of an asset sale seeking more than $1.2 billion, local media said on Thursday,...
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Re: XRX Refinancing debt
Reuters Company News Xerox rtgs cut by Moody's on debt, cash flow worry NEW YORK, May 1 (Reuters) - Xerox Corp.'s (NYSE:XRX - news) "junk" ratings were cut as many as four notches by Moody's Investors Service on Wednesday over concern about the copier maker's heavy debt load and "modest" sales growth prospects. "The size of this downgrade is a surprise," said Domenick Fumai, a fixed-income analyst at BNP Paribas, which trades Xerox bonds. "Moody's may be trying to be proactive, but this...
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Re: Case Studies
LANIER WORLDWIDE ENTERS MULTI-YEAR AGREEMENT WITH BRISTOL-MYERS SQUIBB ATLANTA, GA, June 16, 2003 — Lanier Worldwide, Inc. announced today that it has signed an agreement with Bristol-Myers Squibb Company (NYSE: BMY) to be the authorized provider for network MFPs and printers for the company in the United States, Puerto Rico, and Canada. The agreement for an enterprise-wide asset management program with Bristol-Myers Squibb, a global pharmaceutical and related health care products company,...
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Re: Section 179 Deduction IRS Tax Code
As we all know in this business most of us recommend our clients to pay for the use of the technology under a Fair Market Value lease. There are many benefits to this lease structure and is by far the most dominate purchase option in the industry. Use of Section 179 provides a business the ability to fully expense/depreciate the cost of an asset in a given calendar year. In most cases we don't what the customer to own the equipment but if you customer is looking to capture their 179...
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Re: The Processors add The Canon imagePRESS C7000VP Digital Color Press to Their Fleet of
Burlington, N.J., November 20, 2008 – Canon Business Solutions, Inc., a subsidiary of Canon U.S.A. and leading provider of document imaging and office solutions, today announced that Printing & Publications of Langhorne, Pa., has installed the Canon imagePRESS C7000VP digital press to support their need to provide quality short-run output to a growing list of clients. “The new Canon C7000VP provides us with added flexibility. From a workflow standpoint, we will increase productivity by...
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Re: Death of a Dealer
Take the new challenge and make the best of it, at least you can still look after your existing customers, your biggest asset.
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Re: Copier Scams Part Deux "Dude Where's my Copier"?
Art, it's a part of the industry that I doubt you will get rid of. I would like to add my own "observation". I don't think that 99.9% of dealers do a good deal. If 99.9% was the case these instances would not even be noticed because they would be unheard of. I think the reality is that around 60-70% of dealers are OK. Another point is that the leasing companies do not give a damn about the state of the copier at the end of a lease. As long as the customer has made all the payments they're...
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Re: Copier Scams Part Deux "Dude Where's my Copier"?
You obviously deal with this much more than I but tell me this...Regardless of past emails and/or conversations, if the customer can prove that they own the equipment then they have proof that the leasing company leased an asset they didn't own. What more do you need?
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Re: ICN
Hey Guys, Thanks for the tips. I usually buy from Asset Recovery Services. They are in California and NC (Charlotte) Talk to Randy or Ray, they always represent their equipment accurately. I have purchased from OEG also, and have been happy. THANKS!!!!
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Re: hp news!
Editorial contacts: Sarah Steven, HP +1 650 557 9277 sarah.k.steven@hp.com Leah Gerstner Porter Novelli for HP +1 212 601 8140 leah.gerstner@porternovelli.com HP Media Hotline +1 866 266 7272 pr@hp.com www.hp.com/go/newsroom Hewlett-Packard Company 3000 Hanover Street Palo Alto, CA 94304 www.hp.com HP Energizes Enterprise Imaging and Printing Growth with Revitalized Sales Approach, Expanded Portfolio Unveils new inkbased printing technology for high-volume workloads PALO ALTO, Calif., Oct.
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Re: hp news!
PALO ALTO, Calif., April 11, 2007 - HP today unveiled ground-breaking, ink-based color multifunction printers (MFP), enhanced management offerings, and a new portfolio of services and solutions to help enterprise customers optimize their printing environments. The new ink-based multifunction printers, the HP CM8060/CM8050 Color MFPs with HP Edgeline Technology, offer a powerful new printing engine based on the company’s $1.4 billion investment in Scalable Printing Technology. Enabling...
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Re: Japan's Ricoh to book $1.72bn impairment loss as North American business slumps
Impairment Loss - Financial Definition - finance-lib.com www.finance-lib.com/financial-term- impairment-loss .html Definition of Impairment Loss. Impairment Loss. A special, nonrecurring charge taken to write down an asset with an overstated. book value. Generally an asset is considered to be value-impaired when its book value. exceeds the future net cash flows expected to be received from its use.
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Re: The Death of the 48, 60 and 66 Month Lease
A mandate like that would drastically increase the monthly budget of non-profits and other cost-conscious organizations. The right lease term for a client isn't up to us as salespeople; it's up to the client. Meeting their needs (not setting yourself up to churn your base) should be the priority when discussing lease term options with a client. Some companies want the latest & greatest technology and are fine paying more over a shorter term to have that luxury. Others don't care about...
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Re: Sharp Restructuring Plan Fails to Impress
Sharp gains $1.9 billion bailout but restructuring steps disappoint Japan's Sharp Corp said it had secured a $1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the red as its smartphone display business was battered by competition from Asian rivals. But while new restructuring measures will include 5,000 job cuts or 10 percent of its global workforce as well as the sale of its headquarters, the steps were seen as not going far enough. Chief...
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Re: How to Add More Selling Days Without Really Trying
Art right on dude! Time management is our best asset and killer at the same time. To be successful in sales is not 8:00 to 5:00! Before 8:00 after 5:00 PM even a late night, Saturday or Sunday. Take at least the 1 hour most reps can truly not account for (if being honest) and reinvest back into being productive. Right here is 5 hours per week. Sunday is a great time in the morning to prospect and send emails to executives. This does work.
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Re: WHOA!! You Need to Check Out National AZON!
Art, you're right. National Azon is a great asset to us as reps to hit the AEC vertical. In addition they also sell just stand alone large format scanners. I worked with them (but didn't win) on an opportunity at a state archive for scanning super old documents. The rep was super helpful and if it weren't for a prior relationship we would have won. Also, they offer a pretty robust media selection for wide format. We've got several customers we order media for from these guys. They have a...
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ATR opens a new ITAD processing center in Las Vegas expanding Managed IT Services and Secure Destruction services throughout the U.S.
LAS VEGAS , Jan. 28, 2019 /PRNewswire/ -- Advanced Technology Recycling (ATR) a global leader in Information Technology Asset Disposition (ITAD) and Electronic Recycling services is pleased to announce the opening of a new state of the art processing facility in Las Vegas . The new facility will be located at 4120 W Windmill LN, Suite 105, Las Vegas, NV. This will mark the third major expansion in less than 1 year for the Woman Owned ITAD management company who recently relocated their Salt...
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Kyocera Enters U.S. Cybersecurity Endpoint Management Market
COSTA MESA, Calif.--( BUSINESS WIRE )-- Kyocera , a world-leading manufacturer of industrial and consumer technology products, announced today that it has entered the U.S. cybersecurity endpoint management market. Through its group company, Interfocus , Kyocera offers LanScope Cat , a unified endpoint management and security solution giving small businesses a simple, automated way to effectively manage and protect IT assets and workplace devices. Interfocus’ LanScope Cat has been available...
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Toshiba Wins 2018 Orange County Register Top Workplaces Award
LAKE FOREST, Calif.--( BUSINESS WIRE )-- Toshiba America Business Solutions today announces it is a recipient of the 2018 Top Workplaces Award by The Orange County Register . The Orange County technology innovator earned the honor based on employee feedback gathered through a third-party survey administered by research partner, Energage , LLC. The anonymous survey measured several aspects of workplace culture, including alignment, execution and connection. “Top Workplaces is more than just...
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Secure-24 Successfully Completes Fall SOC Evaluation
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Dec 18, 2018-- Secure-24 , an NTT Communications Company, and a leading global provider of comprehensive managed cloud services, IT operations, applications hosting, and managed security services, today announced the successful completion of the Service Organization Control (SOC) 2 & 3 evaluation in compliance with the newest American Institute of Certified Public Accountants (AICPA) guidelines. With fluid regulatory landscapes and increased demand for...
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Sharp Expands Managed Network Services In Southern California Market
MONTVALE, N.J. , Jan. 7, 2019 /PRNewswire/ -- Sharp Imaging and Information Company of America (SIICA), a division of Sharp Electronics Corporation (SEC), announced today that it is expanding its direct regional sales coverage of managed network services (MNS) in Los Angeles, California by acquiring the service contracts of Pink Hat Technology Management . Since 2012, Pink Hat Technology Management has been providing cyber security services and managed network services, including installing...
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SOMETHINGNEW LLC CONTINUES TO EXPAND TEAM AND OFFERINGS
Jaime Diglio, Scott MacGregor SOMETHINGNEW LLC CONTINUES TO EXPAND TEAM AND OFFERINGS New York, NY – January 25, 2019 – SomethingNew LLC is extremely excited to add Jaime Lannon Diglio to their growing team. Jaime will be assuming the newly created role of President. In this role Jaime will be working with the SomethingNew LLC team to continue to aggressively expand their already successful talent acquisition/recruiting business and to build a consulting business based on three core areas;...
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Konica Minolta Appoints Industry Veteran to Head its Wide Format Program
MISSISSAUGA, Ontario, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions (Canada) Ltd. ( Konica Minolta ), a leader in the Graphic Communications industry, today announced that Mike Wildbore has joined the company as Director, Business Development Wide Format Printing Systems. Mr. Wildbore has more than 15 years of print-related sales experience and will help lead the expansion of Konica Minolta’s wide format print offerings. Prior to this position, Mr. Wildbore was a...
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Ricoh earns BLI PaceSetter award for Healthcare in the Hospital Networks category for its strong services, technology portfolio
MALVERN, Pa. , Feb. 11, 2019 /PRNewswire/ -- Ricoh USA , Inc. has announced that Keypoint Intelligence Buyers Lab (BLI) has awarded Ricoh a 2019-2020 BLI PaceSetter award for Healthcare in the Hospital Networks category. Buyers Lab, the world's leading independent evaluator of document imaging software, hardware, and services, selected Ricoh as a winner in this category due to its wide-ranging offerings and expertise that empower hospital networks with secured, effective tools ranging from...
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ECi Software Solutions Acquires Office Document Consulting Inc.
FORT WORTH, Texas--( BUSINESS WIRE )--ECi Software Solutions, a leader in cloud-based business management solutions , today announced it has acquired Office Document Consulting Inc. (ODC), a global provider of sales automation software for the office equipment, managed print and IT channels. ODC’s DOCassess™ product suite includes sales automation tools for assessments and proposals, asset mapping, QBRs (Quarterly Business Reviews), TCO (total cost of ownership) calculators and fleet...
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Sales Professionals: Develop The Courage To Ask YOUR Clients For Feedback!
The consummate sales professional, runs their own business. They do their best to appease their clients, satisfy their needs and keep them loyal to their brand. How can you be sure your efforts bring about the desired results? If you fail to continually find out what your clients actually think about you and your service, you'll never be able to give them the best customer experience they deserve. It's their opinions about the experience they have with you that is helpful information to use...
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Is This the Beginning of the End for the Padding of Lease Rates?
First off, I'm no expert in the equipment leasing business; however, but I have some peeps that are. A few days ago I caught a thread on Linkedin reposted from @KeithHachey (Americorp Financial LLC). See the pic below. The first item that caught my eye was the hashtag #leases and then the text at the bottom for "Impact of Senate Bill 1235 on Equipment Leases. Of course I followed the link and it lead me to the web site for the State of California Legislative for Senate Bill 1235. Bill 1235...
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RIMES Announces Invesco and GAM to Headline Virtual Panel for UpcomingData Management Webinar
September 24, 2018 12:25 PM Eastern Daylight Time NEW YORK--( BUSINESS WIRE )--RIMES Technologies, the leading provider of managed data services and RegTech solutions, today announced its global line-up of participants for the firm’s September 25 webinar, “Taming the Data Monster.” The virtual panel will discuss key takeaways from the RIMES 2018 Client Survey, debate best practices for reducing the costs of data management, and discuss the value of establishing a strong data culture to...
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OKI Europe launches narrow format colour label printers offering creativity and flexibility in label printing
Egham, 24th September 2018 - OKI Europe is expanding into the label printer market with the launch of two new label printers, the Pro Series 1040 and 1050 , to the ever expanding OKI Europe portfolio. OKI Pro1050 Label Printer Focusing on the growth of evolving markets, the Pro1040 and Pro1050 represent OKI’s new innovation in label printing technology and will help businesses bring greater attention to their products through the quick, easy and cost-effective creation of eye-catching...
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This Week in the Copier Industry 10 Years Ago, The First Week in October 2003
In the office on Friday we had a chat about the manufacturers in the industry. My thoughts centered around KonicaMinolta and the great job they're doing with diversifying. Ricoh was at the bottom of the list. Enjoy the threads from ten years ago this week: Ricoh Offers Managed Print Services to Reduce Printing Complexity 10/2/0811:10 PM . In the past, printing was simple as everyone either shared one device or had a personal printer . Now the printing landscape is more complex with multiple...
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Esko Displays Automation Software and Digital Finishing Hardware Solutions at SGIA Expo 2018
Tuesday, October 16, 2018 Booth 938 focuses on Automation Engine QuickStart for Sign, WebCenter QuickStart for Corrugated, and Kongsberg tables Ghent (Belgium) – There are many challenges facing large format printers, but production can be enhanced and operational efficiency increased with software that delivers faster approval cycles, eliminates file errors, reduces idle time, improves workflow control and simplifies complex manual steps of digital finishing equipment. At booth 938, during...
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EdgeMicro Expands Leadership Team To Accelerate Nationwide Rollout
CENTREVILLE, Va. , Oct. 31, 2018 /PRNewswire/ -- EdgeMicro is expanding its leadership team with the addition of experienced technology executive Martin Capurro , who will serve as Vice President and General Manager of the company. Capurro has extensive go-to-market experience in telecommunications and IT infrastructure that will make him a significant asset to EdgeMicro as the company enters the implementation phase for its rollout of micro data centers at the edge. Martin Capurro is a...
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Document Management Solutions and Software Company in Missouri Welcomes New Director of Sales
Information Management & Securities, LLC (IMS), a document management company based in Mexico, MO , has announced that they are continuing their growth with the addition of a Director of Sales to their team. IMS has hired Doug Comerio as their new Director of Sales. Comerio is responsible for developing, promoting, and executing the strategic plan to achieve sales targets to expand the IMS customer base. Comerio will also take on the responsibility to build a full IMS sales team. Vince...
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Xerox Cloud-Based Automation Speeds Office Tasks and Simplifies Managed Print Services for Channel Partners
Norwalk, Conn. – Xerox Managed Print Services (MPS) accredited channel partners can now run their service visits, supplies delivery and back-office functions more efficiently with a new integration with ECi e-automate software. Tasks like generating invoices, duplicating help desk and service desk tickets, and handling meter read data can now be accomplished in hours instead of days. Sales, contracts, inventory, purchasing, reporting, managed service requests and other critical information...
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PSIGEN Hires Long-time Industry Expert as Director of Channel Enablement of Western U.S.
MADISON, Ala., July 09, 2018 (GLOBE NEWSWIRE) -- PSIGEN Software, Inc., an innovative developer of document capture, cloud, business process automation and document management solutions, is delighted to announce and welcome Robert Esquivel as Director of Channel Enablement of Western U.S. Along with forging strong partnerships and developing new business opportunities, Esquivel will provide leadership and direction for PSIGEN’s Sales Engineers, Inside Sales and Channel Enablement Managers of...
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SolarWinds Acquires Trusted Metrics, Adding Threat Monitoring and Management to Its IT Management Portfolio
AUSTIN, Texas, July 10, 2018 (GLOBE NEWSWIRE) -- SolarWinds , a leading provider of powerful and affordable IT management software, today announced that it has acquired Trusted Metrics, a provider of real-time threat monitoring and management software. The acquisition extends SolarWinds’ IT management portfolio to include security monitoring and is an important advance in SolarWinds’ mission to provide products that are purposefully designed to make the jobs of technology professionals...
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NexusTek Acquires Zumasys Cloud Hosting, Infrastructure and Managed Services
Denver, CO; Irvine, CA, July 10, 2018 (GLOBE NEWSWIRE) -- NexusTek , a leading provider of IT services including help desk, cloud services, cyber security services, IT consulting, server monitoring, VoIP and Microsoft Dynamics, today announced that it has acquired the cloud hosting, infrastructure and managed services business units from Zumasys, an Orange County-based national provider of cloud computing solutions. Today, tens-of-thousands of users rely on Zumasys Cloud, now NexusTek, to...