Danka Announces New Strategic Digital Partnership With Staples, Revenues to Exceed $100 Million.Business Editors ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Oct. 24, 2001 Danka Business Systems PLC (Nasdaq:DANKY) today announced a strategic partnership with Staples staples U-shaped stainless steel or vitallium units with sharp points used for surgical fixation. epiphyseal staples used to staple epiphysis to metaphysis; have metal bracing at the corners. , Inc., the leading retailer of office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). , business services and technology. Under a 36-month agreement between the companies, Danka will install and service the newest Canon digital full-color and black-and-white multifunctional printers in 1,100 existing and planned Staples stores nationwide. The company expects to generate sales and service revenues of more than $100 million over the term of the agreement. The Canon equipment will be digitally connected throughout the Staples, U.S. store network, and represents the first step in Staples' offering nationwide digital printing services to all US customers, regardless of their locale (programming) locale - A geopolitical place or area, especially in the context of configuring an operating system or application program with its character sets, date and time formats, currency formats etc. Locales are significant for internationalisation and localisation. . Brian Merriman Brian Merriman (circa 1749 – July 27 1805) was an Irish language poet and teacher. His single surviving work of substance, the 1000-line long Cúirt An Mheán Oíche (The Midnight Court , Danka President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. said, "We are extremely proud and happy to partner with Staples and Canon in this digital program. Once again, Danka was chosen because of its outstanding nationwide servicing and digital network capabilities. Danka can easily accomplish the required integration between the new equipment and Staples' infrastructure." Merriman added, "The strategic relationship between Staples, Danka and Canon will enable Staples to position itself as the technology leader in their marketplace." "We are truly looking forward to working with Danka in servicing the needs of Staples, who we believe, with our combined solutions, will offer outstanding digital document services," said Tod Pike pike, in zoology pike, common name for the family Esocidae, freshwater game and food fishes of Europe, Asia, and North America. The pike, the muskellunge, and the pickerel form a small but well-known group of long, thin fishes with spineless dorsal fins, , Senior Vice President of Marketing, Canon U.S.A. Imaging Group. "This account win is a testament to our ongoing success in penetrating the Print On Demand marketplace." Over the last several years, Danka has developed a strong foundation for supporting digital platforms with its Digital Solutions Center, specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. "hands on" digital training programs for field sales and technical support staffs, and 24x7 customer support centers. Danka Business Systems, PLC, headquartered in London, England, and St. Petersburg, Florida St. Petersburg (often shortened to St. Pete) is a city in Pinellas County, Florida, United States. The city is known as a vacation destination for North American and European vacationers, as well as a politically important battleground in U.S. Presidential politics. , is one of the world's largest independent suppliers, by revenue, of office imaging equipment and related services, parts and supplies. Danka provides office products and services in 30 countries around the world. For additional information about copier, printer and other office imaging products from Danka, visit the web site at: http://www.danka.com or call 1-800-OK-DANKA (800-653-2652). Certain statements contained in this press release, including statements related to Danka's future business and financial performance, are forward-looking. Such statements reflect the current views of Danka with respect to future events including, without limitation, revenue which is expected to be generated by the Staples relationship and are subject to certain risks, uncertainties and assumptions, that could cause actual results to differ materially from those reflected in the forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Readers are cautioned not to place undue reliance on these forward looking statements, which reflect management's analysis only as of the date they are made. |
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