Danka Selected to Upgrade Humana's Document Output Systems; Danka @ the Desktop Solution Will Enhance Functionality, Improve Productivity, and Reduce Costs.Business Editors/Technology Writers ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Oct. 21, 2002 Danka Business Systems PLC (Nasdaq:DANKY) today announced that it has been awarded a five-year contract with Humana Inc. (NYSE NYSE See: New York Stock Exchange :HUM) to upgrade that firm's office imaging equipment at locations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and to provide all installation, maintenance, and supply services during that period. The estimated value of the contract, based on current volume projections, exceeds $7 million. The Danka @ the Desktop(TM) solution calls for Danka to replace much of Humana's older analog equipment with network-connected Toshiba(R) digital systems, including multifunction, color, and high-volume devices. The upgrade will enable Humana to integrate most of its copy, print, fax, and scan capabilities - improving employee productivity and significantly reducing the overall equipment footprint The amount of geographic space covered by an object. A computer footprint is the desk or floor surface it occupies. A satellite's footprint is the earth area covered by its downlink. See form factor. 1. . Danka's recently formed U.S. Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. operation will install and connect the new systems, while its highly regarded U.S. Technical Services group will provide all needed maintenance and supplies during the term of the contract. Danka also will oversee user training. "Humana is a forward-looking company that has embraced new technologies, and we are pleased to partner with them on the Humana Print Output Project," said Todd Todd , Sir Alexander Robertus 1907-1997. British chemist. He won a 1957 Nobel Prize for his study of nucleic acids and nucleotide structures. Mavis, 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. of Danka's U.S. Group. "Danka was selected for this important initiative because of our ability to develop and implement a high-value solution that expands Humana's capabilities while simultaneously reducing their overall document costs." The Humana Print Output Project is an initiative to rightsize and upgrade Humana's print infrastructure. The project will be managed by Danka's U.S. Enterprise Group, which specializes in providing integrated solutions to more complex businesses with multiple locations, in collaboration Working together on a project. See collaborative software. with the Humana's IT team. Equipment upgrades will be made at Humana's offices in 18 states, featuring Toshiba's e-STUDIO series of workgroup multifunction devices, high-volume systems, and color units. As a leading independent provider of copiers and printers, Danka offers best-of-breed imaging products that provide its clients with choice and flexibility. "The Humana contract epitomizes what Danka @ the Desktop is all about," noted Donald W. Thurman, Danka's Chief Growth and Marketing Officer. "By bringing together several of Danka's substantial resources, including the connectivity expertise of our Professional Services group, we will deliver immediate annual cost savings of 18% to Humana. In addition, the upgrade will provide Humana with a platform for further enhancements to their document processes, including the installation of software to provide improved resource utilization and cost tracking." About Danka Danka delivers value to clients worldwide by using its expert technical and professional services to implement effective document information solutions. As one of the leading independent providers of enterprise imaging systems and services, the company enables choice, convenience, and continuity. Danka's vision is to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems customers to benefit fully from the convergence of image and document technologies in a connected environment. This approach will strengthen the company's client relationships and expand its strategic value. For more information, visit Danka's web site at http://www.danka.com. About Humana Humana Inc., headquartered in Louisville, Ky., is one of the nation's largest publicly traded health benefits companies, with approximately 6.4 million medical members located primarily in 18 states and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . Humana offers coordinated health insurance coverage and related services - through traditional and Internet-based plans - to employer groups employer group Association of employers Managed care An entity with a current group benefits agreement in effect with a health plan to provide covered health care services to its employee-subscribers and eligible dependents. , government-sponsored plans, and individuals. More information regarding Humana is available via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at http://www.humana.com. 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 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. Danka is a registered trademark and Danka @ the Desktop is a trademark of Danka Business Systems PLC. All other trademarks are the property of their respective owners. |
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