Printer Friendly

RICOH MEETING DEMANDS OF AMERICAN MARKET THROUGH NEW RESEARCH AND DEVELOPMENT GROUP

 Ricoh Corporation is Acting Now to Meet the Technological Demands
 of the Future.
 WEST CALDWELL, N.J., April 18 /PRNewswire/ -- Ricoh, a major manufacturer and marketer of business equipment headquartered here, is opening a center for software and hardware product development in San Jose, California. The Systems Research and Development Group will apply Ricoh technology to developing new operating and control systems for its digital equipment products. The research group will also develop new application systems for the American market.
 Systems developed by the San Jose group will be designed to be user-friendly and possess the flexibility to interact with major software programs in the American marketplace. "These new systems will be more sophisticated to satisfy the needs of our customers in the present computer-driven networks and connectivity markets, and also satisfy the needs of potential customers in the information highways of the future," said Ricoh President Eric Steenburgh.
 Mr. Steenburgh said an indication of the importance of this group to Ricoh lies in the individual named to head it, Kazuyuki (Ken) Baba, a former board member of Ricoh Company Ltd., parent company of Ricoh Corporation. Mr. Baba's most recent responsibility in Japan was general manager of the Imaging Systems Business Group.
 Ricoh already has invested substantial resources in its stand-alone core product lines and has made good progress in the development of digital systems products. Most of this work has so far been done by Ricoh Corporation's parent company in Japan.
 "Now we are entering a new phase, one that will bring product and system development closer to the American marketplace, closer to our customers," Mr. Steenburgh said. The new systems development group will include experts from both America and Japan, working together as a team under Mr. Baba, who will report directly to Ricoh Corporation Chairman Hisashi Kubo.
 "Ricoh's early entrance to the digital, computer-connected market gives us an opportunity to grow at an accelerated rate," Mr. Steenburgh said, "The advances we expect from our new research and development group should speed the development of our products and increase our share of the American market."
 The Systems Research and Development Group will be located in the same facility as Ricoh's Peripheral Products Division at 3001 Orchard Parkway, San Jose.
 Ricoh Corporation is a diversified office equipment and electronics firm


with sales of nearly $1 billion annually. Ricoh is a leading supplier of copiers, facsimiles and multifunctional document systems sold both directly and through dealers. The company also markets scanners, printers and optical and magnetic storage devices, as well as photographic equipment.
 -0- 4/18/94 R
 /CONTACT: Claudia Jones of the Ricoh Corporation, 201-882-2075; or Robert Wick of Robert Wick Public Relations, 212-682-0600, or fax, 212-682-3131, or E-Mail: CompuServe 73160,1124/


CO: Ricoh Corporation ST: New Jersey, California IN: CPR SU:

LP -- NY040R -- 7678 04/18/94 12:21 EDT
COPYRIGHT 1994 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 18, 1994
Words:472
Previous Article:CRAY RESEARCH INTRODUCES NEW GENERATION OF LARGE-MEMORY SUPERCOMPUTER SYSTEMS
Next Article:FOR MOTHER'S DAY: HEALTHY TIPS FOR BABY AND MOMMY-TO-BE
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters