Global Imaging Systems Acquires Iowa-based Midwest Business Solutions

Global Imaging Systems, A Xerox Company (NYSE: XRX), has acquired Midwest Business Solutions, Inc. of Des Moines, Iowa.

The acquisition furthers Global Imaging’s strategy of creating a nationwide network of locally-based providers focused on improving document workflow and office efficiency for small and mid-size businesses. Last month, Global Imaging Systems acquired Premier Office Equipment, Inc., in Marshalltown, Iowa, and the assets of United Business Solutions of Addison, Ill.

Midwest Business Solutions, located in Des Moines and Ft. Madison, Iowa, was founded in 2002 by owner Randy Forburger. An independent distributor of copiers, printers and multifunction systems, Midwest will immediately begin offering Xerox’s full range of office multifunction products. Forburger will remain with the company.

"This acquisition, the fourth this year, and our second in Iowa, further expands Global’s U.S. presence,” said Tom Salierno, Jr., executive vice president, corporate operations for Global Imaging Systems. "With Midwest and Premier joining the Global Imaging network of Xerox companies, customers across Iowa benefit from an expanded lineup of document management solutions aimed at increasing their productivity and reducing their costs.”

About Global Imaging Systems

Global Imaging Systems, A Xerox Company, is made up of regional core companies in the United States that sell and service document management systems such as printers, copiers and multifunction devices; network integration services; and electronic presentation systems. As an office technology dealer, Global Imaging sells products from various suppliers including Xerox, Sharp and Konica Minolta. Xerox acquired Global Imaging Systems in 2007 and operates it as a wholly owned subsidiary within Xerox’s North American operations.

About Xerox

Xerox Corporation is a $22 billion leading global enterprise for business process and document management. Through its broad portfolio of technology and services, Xerox provides the essential back-office support that clears the way for clients to focus on what they do best: their real business. Headquartered in Norwalk, Conn., Xerox provides leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. Through ACS, A Xerox Company, which Xerox acquired in February 2010, Xerox also offers extensive business process outsourcing and IT outsourcing services, including data processing, HR benefits management, finance support, and customer relationship management services for commercial and government organizations worldwide. The 134,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com, http://www.realbusiness.com or http://www.acs-inc.com. For investor information, visit http://www.xerox.com/investor.

Customer Contacts:

For more information on Xerox office products and services, visit http://www.xerox.com/tr/office or call 800-ASK-XEROX. For more information about Global Imaging Systems, visit http://www.gisx.com.

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