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Konica Minolta Names Carolina Wholesale Authorized National Distributor

Carolina Wholesale to Distribute Konica Minolta Segment One Products in the U.S.

RAMSEY, N.J. - January 5, 2005 - Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today named Charlotte, N.C. - based Carolina Wholesale Office Machine Company, Inc. (Carolina Wholesale), one of the largest wholesale office machine and supply distributors in the country, an authorized national distributor of its Segment One digital imaging systems. Carolina Wholesale is the first distributor to be selected for Konica Minolta's new national Segment One (20 pages per minute and below) distribution program.

"Konica Minolta is an excellent company and we are very excited with our partnership. The Carolina Wholesale Certified Reseller Program that we are establishing to coincide with the launch of the relationship will be unmatched in our distribution channel," said Larry Huneycutt, president, Carolina Wholesale Office Machine Company, Inc. "If a reseller is looking to replace or complement an existing product line, this is a perfect opportunity."

"We selected Carolina Wholesale because of the company's business integrity, its leader status in the wholesale office machine and supply industry, its reputation for delivering unsurpassed customer service, and its vast number of distribution points across the United States," said Ty Butler, director, dealer sales, Konica Minolta Business Solutions U.S.A., Inc. "We see Carolina Wholesale as a quality partner, one who understands how to use its industry experience and relationships, and Konica Minolta's product and program expertise, to create a winning Segment One distribution program."

About Carolina Wholesale Office Machine Company, Inc.
Established 32 years ago, Carolina Wholesale Office Machine Company, Inc. is one of the largest wholesale office machine and supply distributors in the country. The breadth and depth of the company's product mix is unsurpassed in the industry -- copiers, fax machines, printers, calculators, typewriters, dictation/transcribing, telephones, presentation equipment, paper handling, shredders, cash registers, time clocks, and supplies.

Headquartered in Charlotte, N.C., Carolina Wholesale carries over 4,000 active items representing over 80 manufacturers. The company has built its reputation and achieved success by providing consistent excellent service, favorable pricing, and serving as a critical link between manufacturer and dealer. In recognition of its efforts over the years, Carolina Wholesale has received numerous awards, including the prestigious BTA "Distributor of the Year" award. For more information, please visit Carolina Wholesale at www.cwholesale.com.
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(TM) 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(TM) 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

All terms, product and company names used in this document are trademarks or registered trademarks of their respective owners, and are hereby acknowledged.
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