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MISSISSAUGA, ONTARIO, Aug 3, 2010 (Marketwire via COMTEX) --

Ricoh Canada Inc., the leading provider of digital office equipment today announced that it has amalgamated all operations of IKON Office Solutions Inc./IKON Solutions de Bureau Inc. in Canada.

Following the acquisition of IKON Office Solutions Inc. by Ricoh Americas Corporation in October 2008, the Canadian subsidiaries of the foregoing two entities have been amalgamated into one Ontario Corporation, effective August 1, 2010 under Ricoh Canada Inc. an Ontario Corporation. The new corporation will assume all the assets and liabilities of the amalgamating corporations, including IKON Solutions de Bureau Inc./IKON Office Solutions Inc., effective on August 1, 2010.

According to Glenn Laverty, President and CEO of Ricoh Canada Inc., "this marks an important day in our company, and in our industry as a whole. As the leading manufacturer in the industry we now have the broadest set of products and services being delivered through our multi-channel model, providing the most comprehensive service network in the industry. Ricoh Canada's growth over the last decade has led the industry, and the addition of the IKON business further strengthens our position in continuing our growth trend."

The Canadian footprint of Ricoh has significantly increased with the addition of IKON Office Solutions, and now boasts a service network that covers the nation in a way few vendors are capable. Ricoh Canada Inc. is positioned to rapidly provide, deploy and service a rich and leading-edge technology offering to the national Canadian business market.

About Ricoh Canada Inc.

Ricoh Canada Inc, headquartered in Toronto, Ontario, is a wholly owned subsidiary of Ricoh Company Ltd., the 74-year old leading supplier of office automation equipment and electronics, with fiscal year 2009 sales in excess of $21 billion.

Ricoh Canada Inc. is a leading provider of document solutions. Ricoh's fully integrated hardware and software products help businesses share information efficiently and effectively by enabling customers to control the input, management and output of documents.

Information about Ricoh's complete range of products and services can be accessed on the World Wide Web at www.ricoh.ca.

SOURCE: Ricoh Canada Inc.

Ricoh Canada Inc.

Dan Newman

905-795-5788

dan.newman@ricoh.ca

www.ricoh.ca
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