Office Depot Partners with Xerox to Offer Managed Print Services to Customers across Europe

Office Depot (NYSE:ODP), celebrating 25 years as a leading global provider of office supplies and services, today announced a partnership with Xerox to offer Managed Print Services to customers across Europe. Xerox® Managed Print Services are currently available to Office Depot customers in Germany, with a European rollout scheduled to take place throughout the remainder of the year.

Office Depot’s new Managed Print Services offering, which leverages Xerox’s expertise in solution design and service delivery, will enable Office Depot to assess, optimize and manage customer printing needs, resulting in lower print, copy and IT support costs, reduced environmental impact, as well as increased office productivity.

"The proven leadership of Xerox in the Managed Print Services space provides Office Depot customers with access to outstanding print service capabilities, cross-Europe delivery opportunities, and leasing agreements for both Xerox and non Xerox hardware,” said Mike Elbers, Vice President of Marketing and Merchandising for Office Depot in Europe. "This exclusive partnership is the first European offering of its kind to bring a multi-brand solution in office supplies and print capabilities for our broad customer base.”

"Businesses are looking for guaranteed results in cost savings, meeting security measures and achieving sustainability objectives. That’s why many are turning to Managed Print Services, which uncovers hidden savings of all kinds,” said Douraid Zaghouani, Senior Vice President, Xerox Europe, European Channels Group. "The combination of Office Depot’s customer care focus and strong supply chain capabilities and Xerox’s industry leadership and years of expertise in Managed Print Services, will allow companies to focus on what matters most: their real business.”

To learn more about Xerox Managed Print Services available at Office Depot in Europe, please visit http://www.officedepot.de/our-businesses/productsolutions/. Interested customers can also email mps.de@officedepot.com.

About Xerox Europe

Xerox Europe, the European operations of Xerox Corporation, markets a comprehensive range of Xerox products, solutions and services, as well as associated supplies and software. Its offerings are focused on three main areas: offices from small to large, production print and graphic arts environments, and services that include consulting, systems design and management, and document outsourcing. 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 133,000 people of Xerox serve clients in more than 160 countries.

Xerox Europe also has manufacturing and logistics operations in Ireland, the UK and the Netherlands, and a research and development facility (Xerox Research Centre Europe) in Grenoble, France.

For more information visit http://www.xerox.com.

About Office Depot

Celebrating 25 years as a leading global provider of office supplies and services, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through 1,600 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.1 billion e-commerce operation. Office Depot has annual sales of approximately $12.1 billion, and employs about 41,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 53 countries.

Office Depot’s common stock is listed on the New York Stock Exchange under the symbol ODP. Additional press information can be found at: http://mediarelations.officedepot.com and http://socialpress.officedepot.com.