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ALCO STANDARD CORPORATION ACQUIRES ARID IMAGE SYSTEMS, INC.

 VALLEY FORGE, Pa., Nov. 11 /PRNewswire/ -- Alco Standard Corporation (NYSE: ASN) announced the acquisition of assets of Arid Image Systems, Inc. of Colton, Calif.
 The company distributes Panasonic copier and facsimile equipment. Arid will become a market extension of Edgemont Sales Company, Inc., under the direction of Tim Duggan, president, and will operate as a branch of Edgemont.
 Combined annual revenues for Arid Image Systems and Edgemont are projected to exceed $16 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 approaching $8 billion.
 /delval/
 -0- 11/11/93
 /CONTACT: Martha A. Buckley, director, investor relations, of Alco Standard, 215-296-8000/
 (ASN)


CO: Alco Standard Corporation; Arid Image Systems, Inc. ST: Pennsylvania, California IN: PAP SU: TNM

JM-MJ -- PH015 -- 3221 11/11/93 12:18 EST
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Publication:PR Newswire
Date:Nov 11, 1993
Words:164
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