*NEWS*KONICA MINOLTA *THE POWER OF ONE*

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Date: Saturday April 24, 2004 10:07:00 am
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    <TD vAlign=bottom align=right width=”100%”><FONT face=Arial,Helvetica,sans-serif color=blue style=”FONT-STYLE: italic”>Konica Minolta Showcases “The Power of One”</FONT></TD></TR>
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    <TD colSpan=2><FONT face=Arial,Helvetica,sans-serif color=#000000 size=2><FONT color=blue size=3> <B>Inaugural ImageAmericas Business Conference & Expo Highlights Konica Minolta’s Leadership in Desktop to Print Shop Product Offerings to Dealer Channel</B> </FONT>
    <P><FONT color=blue size=3>Konica Minolta Business Solutions U.S.A., INC. highlighted “The Power of One” united Konica Minolta dealer channel at ImageAmericas 2004, the company’s first annual business conference and expo. The inaugural event, which took place in Orlando, Florida, showcased Konica Minolta’s status as a tier-one player to the over 1,600 attendees from the United States, Canada, Mexico, Central America and Latin America, focusing on the company’s expansive product line, its new landmark bizhub branding, and its global marketing and advertising initiatives. </FONT>
    <P><FONT color=blue size=3>”Konica Minolta has developed a complete range of printing/copying and related solutions to meet the changing needs of the market. They have effectively leveraged new imaging and toner technology to create revolutionary products such as the 8050/CF5001. The ImageAmericas 2004 Business Conference and Expo not only showcased the breadth of products and solutions but it provided attendees with a wide range of information that will allow them to be successful ‘beyond the box’,” said Charles A. Pesko, Jr., managing director, CAP Ventures. </FONT>
    <P><FONT size=3><FONT color=blue><B>”The Power of One”/Strategy for Growth</B>: The meeting centered on the numerous ways Konica Minolta plans to support its valued dealer partners and how the dealer partners will benefit from the new opportunities resulting from the merger of the two powerful companies, including a broadened product line, an increased manufacturing capabilities and greatly expanded R&D resources. </FONT></FONT>
    <P><FONT color=blue size=3>In addition, Yasuo Matsumoto, president and CEO, Konica Minolta Business Solutions U.S.A., Inc., identified the three key elements of the company’s growth strategy — the expansion of its production print business, leveraging growth opportunities in color, and simultaneously increasing the competitiveness of its core segment 1-4 monochrome products. </FONT>
    <P><FONT color=blue size=3>”We are committed to investing in the development of hardware and software that will enable Konica Minolta dealers to compete successfully in the production print marketplace, to stabilize and grow their monochrome placements, and to take advantage of the market opportunity in the light production area. Today, the production printing market is approximately $27 billion. This represents a tremendous opportunity for us,” said Matsumoto. </FONT>
    <P><FONT color=blue size=3>”In the color area, Konica Minolta has experienced great success with our 50 page-per-minute (ppm) color machines — the 8050 and CF5001. These breakthrough color products have truly changed our position in the fast-growing production color market,” added Matsumoto. “Now, we are ready to aggressively expand our position in the office color market with the introduction of bizhub brand and Konica Minolta’s newest globally branded product — the bizhub C350. The bizhub C350 gives businesses access to an advanced color imaging system at the price of a monochrome device, enabling them to have cost- effective color on demand.” </FONT>
    <P><FONT size=3><FONT color=blue><B>bizhub Launch/Product Announcements</B>: In support of Konica Minolta’s growth strategy and its commitment to providing product offerings from the desktop to the print shop, Konica Minolta highlighted its first co-branded product at ImageAmericas — the bizhub C350</FONT></FONT> </FONT></P></TD></TR></TBODY></TABLE>

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