Xerox Unveils New Digital Products, Services to Help Customers Build Better Business Models for the Digital World; Newest color press fills speed gap; software and services streamline work processes.

PHILADELPHIA -- Fueling its Smarter Document ManagementSM strategy and expanding the industry's broadest high-end digital printing portfolio, Xerox Corporation (NYSE: XRX) today rolled out a series of new products, software and services designed to help print providers and offices migrate to more productive document-management processes, decrease costs and increase revenue.

"As this industry continues its digital convergence and evolution, organizations with the right technology combined with the right workflow and the right business model are the ones that will succeed," said Xerox Chairman and CEO Anne Mulcahy. "Xerox's growth is linked to our customers' growth. So, we're opening new opportunities to help print providers and other enterprises gain a competitive advantage in the digital marketplace."

Xerox will debut its new offerings at the AIIM/On Demand Conference and Exposition, a gathering of more than 20,000 digital printing, content management and information technology professionals held this week in Philadelphia. Demonstrating its breadth of expertise in these fields, Xerox has a commanding presence at the show with 18 speaking engagements given by its executives and customers.

"Xerox played a key role in helping to launch this show 12 years ago, and the company continues its position as a leader in this industry with its innovation, expertise and commitment to the success of its customers, " said Charles A. Pesko Jr., managing director at InfoTrends/CAP Ventures, co-producer of the event. "Xerox's strategy of offering a wide line in digital production color and black-and-white technology and related document-management services helps customers succeed in this competitive industry by streamlining processes and improving their bottom line."

The Right Technology

Strengthening what is already the industry's largest and most successful digital color printing line, Xerox announced the DocuColor(R) 7000 Digital Press. The new press offers Xerox customers an option in the 70-ppm speed segment and extends Xerox's line of high-end production color products that operate between 45 ppm and 110 ppm. It provides another choice for customers entering the digital color market or those requiring increased productivity and image quality compared to competitive offerings.

Enhancing the productivity of its flagship press, Xerox has a new in-line coater for the Xerox iGen3(R) Digital Production Press that, unlike competitive offerings, connects directly to the press. It allows customers to maintain an all-digital workflow where documents are ushered through each stage of the printing process. The Epic Cti-635 gives documents a glossy or matte finish that improves overall appearance and durability of postcards, menus and other documents.

Xerox also launched two new finishing options that help customers save time and increase productivity when producing books and manuals. The Horizon ColorWorks 8000 Booklet Maker, designed exclusively for the Xerox DocuColor 7000 and 8000 Digital Presses, creates professional, finished booklets and manuals quickly and in high volumes.

The Xerox Manual + Book Factory, now available on the Xerox Nuvera(TM) Digital Production Systems, automates the labor-intensive book-production process to print books and manuals faster, in higher volumes and at lower costs.

The Right Business Model

With its Smarter Document Management solutions that link people, processes and technology, Xerox announced a number of value-added digital services and support resources that help customers streamline work processes and develop growth-oriented, cost-saving business models:

--Remote services expands -- To keep customers up and running, Xerox has broadened its remote services to provide proactive monitoring and preventative maintenance support for the Xerox Nuvera 100/120 Digital Copier/Printers, Xerox Nuvera 100/120 Digital Production Systems, and the DocuTech(R) 128/155/180 Highlight Color systems. Building on the success of remote services for the Xerox iGen3 press, these services provide real-time help that optimizes machine performance and resolves issues quickly.

--ProfitAcceleratorTM resources strengthened -- The ProfitAccelerator Vertical Market Kit is Xerox's latest sales and marketing resource within ProfitAccelerator, an initiative that helps customers profit from their Xerox investments. The kit includes a set of tools and sample print applications designed to help commercial printers boost their business in 10 key industries, including healthcare, retail and banking.

--Electronic records management drives down costs -- Xerox Global Services is helping clients like Sunoco dramatically lower document-related and real estate costs with scanning and indexing services. Through the Xerox Imaging Services Center in Hot Springs, Ark., Xerox will scan and convert to digital format more than 5 million hardcopy Sunoco documents, ranging from legal papers to human resource records. The Sunoco solution spotlights Xerox Global Services' expertise in electronic records management, through which Xerox can help companies improve access to information, respond to regulatory mandates and minimize corporate risk.

--DocuShare(R) adds online resource -- Xerox's new DocuShare Partner Solutions Catalogue helps people in healthcare, government, education and other industries address regulatory compliance, print shop integration, document imaging and other document-related issues using enterprise content management applications. The online resource outlines document solutions available from authorized Xerox DocuShare Business Partners.

The Right Workflow

In addition, AIIM/On Demand offered the first public viewing of Xerox's FreeFlowTM Output Manager software. Output Manager helps production print providers better manage the flow of print jobs to the most appropriate networked printer, creating a more cost-effective print operation.

Also at the show, Xerox and partner Duplo will demonstrate a digital printing workflow process that integrates JDF -- job definition format, a leading industry standard -- from pre-press stages such as job creation through post-press document finishing. Printed pieces coming off the Xerox iGen3 press are then sent to Duplo's DocuCutter 645, where the JDF associated with the print job directs the device how to full-bleed trim and crease the document. Postcards and greeting cards, for example, can now be creased and trimmed automatically, lightening the workload of print-shop workers.

Customer Contact:

For more information about Xerox systems and services, visit www.xerox.com or call 800-ASK-XEROX.

NOTE TO EDITORS: Visit Xerox Booth No. 1601, May 17-19, at AIIM/On Demand, Pennsylvania Convention Center, Philadelphia. For more information about Xerox and product photography, visit www.xerox.com/productionnews or www.xerox.com/news.

XEROX(R), DocuColor(R), iGen3(R), Xerox Nuvera(TM), DocuTech(R), ProfitAcceleratorTM, DocuShare(R) and FreeFlowTM are trademarks of XEROX CORPORATION. Smarter Document ManagementSM is a service mark of XEROX CORPORATION.