*NEWS*TRADE SHOW WORTH MILLIONS FOR XEROX

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*NEWS*TRADE SHOW WORTH MILLIONS FOR XEROX

 user 2006-05-08 at 10:06:00 am Views: 69
  • #15376

    Trade show worth millions for Xerox
    65 digital presses are included in contracts
    (MAI
    2006) – Xerox Corp. came away from this month’s IPEX trade show in
    Birmingham, England, with dozens of orders for its high-end production
    presses, the company said on Wednesday.
    The new business is worth
    “several million dollars,” the company said, declining to disclose the
    exact amount of the contracts. The deals were for 65 digital presses
    and related software, systems and services.The announcement comes two
    days after the company reported earnings that missed Wall Street’s
    expectations.Chief Executive Anne Mulcahy said Monday she was
    disappointed with Xerox’s first-quarter earnings. She also said she
    expected better results in the remainder of the year. She cited the
    activity at IPEX as one reason why.Xerox said more than 35,000 people
    visited its 55,000-square-foot IPEX booth.
    “For eight days the Xerox
    booth was filled with attendees eager to learn and implement digital
    strategies,” said Quincy Allen, president of Xerox’s production systems
    group.Xerox would not disclose the breakdown of its press sales, but at
    least 15 of the presses were the top-of-the-line iGen3 models, which
    can cost $500,000 or more.Image Data Group, a British printer, signed a
    deal that includes an option for up to 10 iGen3s.”Our new Xerox iGen3
    marks the start of a major investment program,” Greg Roach, an official
    with Image Data Group, said in a statement.Xerox said it took its first
    iGen order for a customer in India at the show.