The acquisition continues Global's development of a national network of office technology suppliers to serve its ever-expanding base of small and mid-size businesses.
Headquartered in Indiana, Better Quality also serves Greater Louisville, Elizabethtown, and Bowling Green, Ky., primarily with products from Kyocera-Mita. The company will continue supporting its Kyocera-Mita customers as it begins offering Xerox's full range of office printing products.
"Better Quality Business Systems has built a reputation as a trusted partner in the markets they serve," said Michael Shea, president and CEO of Global Imaging. "With this acquisition, Global Imaging gains not only a classic partner, but an entree into a growing market."
Company co-owner and president Dwight Seals, will continue leading Better Quality as president, reporting to Bill Schmidt, president of CopyCo Office Solutions Inc., of Indianapolis, also a Global company. Better Quality becomes a satellite company of CopyCo., and will continue operating as Better Quality Business Systems.
"This is the next logical step for Better Quality Business Systems, which has been growing and expanding for years," said Seals. "Becoming a member of the Global and Xerox family only means better technology, support, and services for our customers."
Global Imaging is not acquiring the firm's IT outsourcing business, Better Quality IT, currently a wholly owned subsidiary of Better Quality Business Systems. That group will continue under the leadership of Joe Lawler, co-owner of Better Quality Business Systems. The IT company will undergo a name change during the next few months.
Better Quality has been serving the Southern Indiana business community since 1985. Seals and Lawler acquired it in 1997 and began dramatically expanding the business into new markets in Kentucky.
About Global Imaging Systems
Global Imaging Systems focuses on small and mid-size businesses through regional core companies in the U.S. that sell and service document management systems such as printers, copiers and multifunction devices; network integration services; and electronic presentation systems. As an office technology dealer, Global sells products from various suppliers including Xerox, Sharp and Konica Minolta. Xerox acquired Global Imaging in 2007 and operates it as a wholly owned subsidiary within Xerox's North American operations.
Note: Xerox(R: 55.24, +3.24, +6.23%), the Xerox wordmark and the spherical connection symbol are trademarks of Xerox Corporation in the United States and/or other countries.
SOURCE: Xerox Corporation
Mike Zimmerman, 585-423-4588
For Global Imaging Systems
Earle Brown, 727-781-5577
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