TOSHIBA AMERICA’S NEW BIG AWARD

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Date: Wednesday August 17, 2005 10:46:00 am
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    Toshiba
    America Business Solutions Inc. Selected as Recipient of CIO Magazine’s
    2005 CIO 100 Award for Second Consecutive Year.oshiba Recognized by CIO
    Magazine as One of the World’s Top 100 Bold Companies

    IRVINE, CA AUG 05 —
    Toshiba America Business Solutions Inc. (TABS) today announced that it
    has been honored by IDG’s CIO magazine with a CIO 100 award for the
    second consecutive year. This annual award program recognizes
    organizations around the world that exemplify the highest level of
    operational and strategic excellence in information technology (IT).
    This year’s award theme is the Bold 100, which recognizes those
    executives and organizations that embrace great risk for the sake of
    great reward.

    “The Bold 100 honorees stand out because they have dared to take on
    risk for the chance of reward in an extremely conservative business
    climate,” said Abbie Lundberg, editor in chief, CIO. “The executives
    leading these organizations are smart, inventive and determined — I
    offer them my warmest congratulations.”

    TABS was recognized by CIO magazine for adopting a bold approach to its
    overall business strategies by becoming quick to identify and act on
    new opportunities, being willing to risk capital on new ideas, and
    having a willingness to change. This was exemplified by TABS’ strategy
    to increase its market presence in an increasingly competitive
    industry, where it implemented one of the most aggressive dealer
    acquisition strategies in the industry. Furthermore, in the areas of
    product development and technology, TABS has quickly reacted to
    ever-changing, more complex product technologies that necessitate
    complicated support requirements.

    “It is a great honor to be recognized as a CIO 100 award-winner amongst
    such an impressive roster of companies,” said Randy Miller, chief
    information officer, TABS. “TABS focuses on implementing quick and
    creative responses to business challenges, and is committed to
    excellence in every product and every service we provide as a means of
    earning the confidence and loyalty of our customers.”

    The 2005 CIO 100 awards will be presented at the Hotel Del Coronado in
    San Diego, Calif., on August 23 at the conclusion of the seventh annual
    CIO 100 Symposium® and Awards Ceremony.

    About the CIO 100

    The recipients of this year’s CIO 100 award were selected through a
    three-step process. First, companies filled out an online application
    form detailing their bold practices in both business and IT. Next,
    teams of CIO magazine editors and writers reviewed the applications in
    depth, looking for unique practices and substantial results. Finally,
    the teams met for a day-long meeting to debate the merits of each
    nominee and vote on the final 100.

    To provide a vision of ever-changing business trends, the focus of the
    CIO 100 changes annually. Complete coverage of the 2005 CIO 100 awards
    will be in the August 15 issue of CIO magazine and available online at
    http://www.cio.COM  on August 15.

    About Toshiba America Business Solutions Inc.

    Toshiba America Business Solutions Inc. (TABS) manages product
    planning, marketing, sales, service support and distribution of
    copiers, facsimiles, multifunction printing products, network
    controllers and toner products throughout the United States, Latin
    America and the Caribbean. Headquartered in Irvine, Calif., TABS has
    four divisions: the Electronic Imaging Division, Toner Products
    Division and Document Solutions Engineering Division; and Toshiba
    Business Solutions (TBS), which operates a national network of wholly
    owned subsidiaries.

    Named the most favored manufacturer in seven of the past eight years by
    the Business Technology Association (BTA), Toshiba’s entire product
    line, customer support and marketing distribution policies are markers
    for the industry. Among the many other awards garnered in recent years,
    Toshiba was named the “Copier Manufacturer of the Year” by the
    Marketing Research Consultants (MRC) in 2005, 2004, 2002, 2001, 1998
    and 1997, was named to the CIO 100 for being one of the top 100 “agile”
    companies in the world in 2004, and received the CIO Web Business award
    for its leading edge intranet site in 2000, 1999 and 1998.

    TABS is an independent operating company of Toshiba Corporation, the
    seventh largest electronics/electrical equipment company and the
    world’s 62nd largest company in terms of sales. Ranked by Fortune
    magazine as the 8th Most Admired Electronics Company in America and 9th
    Most Admired Electronics Company in the World, Toshiba Corporation is a
    world leader in high technology products with more than 300 major
    subsidiaries and affiliates worldwide. Fiscal year revenue in 2004 was
    approximately $55 billion

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