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ALCO STANDARD ACQUIRES COPYTECH, INC.

 VALLEY FORGE, Pa., Sept. 8 /PRNewswire/ -- Alco Standard Corporation (NYSE: ASN) today announced the acquisition of CopyTech, Inc., of Gulfport, Miss.
 The company sells, leases and services Canon copiers and facsimile equipment. CopyTech will become a market extension of J.L. Teel Company Inc., under the direction of Jim Teel, president, and will operate as a branch of Teel.
 Combined annual revenues for CopyTech and Teel are projected to approach $12 million.
 Alco Office Products, headquartered in Valley Forge, is the largest network of independent copier and office equipment dealers in the world. Fiscal 1994 revenues will approach $2 billion.
 Alco Standard Corporation, also headquartered in Valley Forge, is a publicly owned distribution and services company with annualized revenues exceeding $7 billion.
 /delval/
 -0- 9/8/93
 /CONTACT: David B. Kirkland of Alco Standard, 215-296-8000, or, home, 215-542-9025/
 (ASN)


CO: Alco Standard Corporation; CopyTech, Inc. ST: Pennsylvania, Mississippi IN: PAP SU: TNM

MK-MP -- PH007 -- 9686 09/08/93 09:45 EDT
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Publication:PR Newswire
Date:Sep 8, 1993
Words:161
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