OR IMMEDIATE RELEASE
Ricoh Web Site: www.ricoh-usa.com
CONTACT: Russell Marchetta Brendan Mullin
Ricoh Corporation Peppercom
(973) 882-2075 (212) 931-6173
russell.marchetta@ricoh-usa.com bmullin@peppercom.com
RICOH’S NEWEST AFICIO DIGITAL IMAGING SYSTEMS
COMPATIBLE WITH GBC STREAMPUNCH®
West Caldwell, NJ, February 14, 2005 – Ricoh Corporation, the leading provider of digital office equipment, and GBC (NASDAQ: GBND), a market leader in the manufacturing and distribution of laminating and binding products, have announced that GBC’s StreamPunch® is now compatible with Ricoh Aficio 2051, 2060, and 2075 digital imaging systems. Already in use with Ricoh Aficio 2090, 2105, 1060, and 1075 systems, the StreamPunch®’s additional compatibility with the new generation of printers strengthens GBC and Ricoh’s ability to support the growing needs of Ricoh’s customers.
Designed to streamline the document production process, the GBC StreamPunch® produces perfectly punched copies at rated system speed. The selected printers run at speeds from 51 to 105 pages per minute (ppm).
“The StreamPunch® delivers the speed and accuracy demanded in high-production environments,” says Rick McCallion, vice president of Technology and Partnering for GBC. “This cost-effective solution eliminates the extra step of manually punching; Ricoh owners save time and labor. A single operator can manage the entire high-speed production system while producing ready-to-bind documents.” With interchangeable dies, the GBC StreamPunch® supports five popular binding styles: ColorCoil™, WireBind, CombBind™, VeloBind®, and Three-Ring.
“Ricoh addresses customers’ requirements for streamlining their finishing process in corporate and production environments,” said Hede Nonaka, vice president of Marketing for Ricoh Corporation. “This new offering is clearly a differentiator in demanding workgroup environments.”
McCallion adds, “GBC is proud that Ricoh has made the StreamPunch® available with the Aficio 2051, 2060, and 2075 high speed printers in addition to the Aficio 2090, 2105, 1060, and 1075 systems. The innovative online StreamPunch® has been a welcomed solution for the digital imaging marketplace.”
The GBC StreamPunch is marketed through the entire Ricoh family group, including Lanier, Savin and Gestetner, which are wholly owned subsidiaries.
About General Binding Corporation
GBC is a world leader in products that bind, laminate and display information at work, at school and at home. GBC’s Industrial & Print Finishing Group innovates and markets professional-grade binding and laminating equipment and supplies worldwide. GBC products are marketed in more than 100 countries under the GBC®, Quartet® and Ibico® brand names. Additional information about the company and its products is available at www.gbc.com.
About Ricoh Corporation
Ricoh Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 69-year-old leading supplier of office automation equipment and electronics, with fiscal year 2003 sales in excess of $17.1 billion.
Ricoh Corporation is a leading provider of multifunctional document systems, including color and black & white digital imaging systems, facsimile products, printers, scanners, digital duplicators and wide format engineering systems. Additionally, Ricoh offers a wide variety of document and printing solutions directly and through partners that enhance office productivity and document workflow.
Ricoh Corporation directly or through its subsidiaries markets and distributes products in North, Central and South America. For fiscal year 2003, Ricoh Corporation sales exceeded $2.8 billion.
Information about Ricoh's complete range of products and services can be accessed on the World Wide Web at www.ricoh-usa.com.
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