RICOH’s NEW AWARD …..

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RICOH’s NEW AWARD …..

 user 2006-10-09 at 10:40:00 am Views: 71
  • #16542

    Ricoh Receives Distribution Industry’s Rising Star Award
    Honor Recognizes Fastest-Growing IT Manufacturers and Publishers
    Ricoh Receives Distribution Industry’s Rising Star Award
    SAN
    FRANCISCO, Sept. 06 — Ricoh, the leading provider of digital office
    equipment, today announced that it has received the Global Technology
    Distribution Council’s (GTDC) inaugural Rising Star Award for
    outstanding sales growth through IT distributors. Ann Moser, senior
    vice president of the Printing Solutions Division for Ricoh
    Corporation, was presented with the award at GTDC’s annual Summit
    event, held at San Francisco’s Fairmont Hotel, September 19-20, and
    attended by the world’s leading IT vendors and distributors.Ricoh was
    given the Rising Star Award by GTDC as a result of the demand for its
    products, as well as the pivotal role distributors play in reaching and
    supporting diverse end-user markets. The GTDC, whose member
    distributors represent more than 80 billion dollars in annual sales,
    created the Rising Star Awards because of the impressive success
    companies like Ricoh are having in partnership with IT distributors.
    Reflected in the theme of this year’s conference, GTDC Summit 2006: The
    New Wave of Growth in Distribution, the industry’s value proposition
    has never been more pronounced, especially considering the renewed
    emphasis on reseller channel services, supply chain efficiency and cost
    management.Sales results for the Rising Star Award are based on actual
    revenue growth over the past year, as reported by a leading consumer
    and retail information company, The NPD Group, in its Distributor
    Track(R) service. The Distributor Track aggregates distributor
    sell-through data to enable sharp insight into channel sales and
    pricing trends with the ability to drill down into product
    subcategories, including detailed attributes based on specific areas of
    interest.To be eligible for a Rising Star Award, vendors are required
    to have sold corresponding products through IT distributors for a
    minimum of one year with at least 20 percent year-over-year sales
    growth for hardware manufacturers and 15 percent year-over-year sales
    growth for software publishers. The hardware category includes separate
    awards for vendors with 20 million dollars to 100 million dollars in
    annual sales and those with more than 100 million dollars in
    sales.”Receiving the inaugural Rising Star Award is a great honor and
    something we hold in very high regard,” said Ann Moser. “Ricoh is
    extremely proud of its sales growth figures over the past year and an
    award from a top organization such as GTDC further reinforces our
    accomplishments.”
    About Ricoh’s Printing Solutions Division
    The
    Printing Solutions Division (PSD) of Ricoh Corporation is committed to
    meeting the critical needs of the company’s resellers and their
    customers by providing world-class printers and multifunction solutions
    that enhance document workflow. PSD offers resellers that are Ricoh
    Reward Members a wide variety of marketing and support programs to help
    drive revenue and profits including the Rewards Program, Demo Program
    and Royalties Program.Ricoh Corporation, headquartered in West
    Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 70-year-old
    leading supplier of office automation equipment and electronics, with
    fiscal year 2005 sales in excess of $17 billion, 5.6 percent increase
    over the previous year.