Océ announces actions to capitalize on the opportunities provided by the Imagistics

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Algemeen advies 01/12/2005 07:50
Establishes Océ Imagistics organization to focus on Office and Digital Printing Centers
• Elects Marc C. Breslawsky to Board of Directors of Océ USA Holding Inc.
• Appoints Joseph D. Skrzypczak as President & CEO of Océ Imagistics
Venlo, December 1, 2005 - Océ N.V. a global leader in digital document management and delivery solutions with pro forma annual revenues of € 3.1 billion (US$ 3.7 billion), today announced a series of actions to
capitalize on the opportunities provided by its recent acquisition of Imagistics International Inc.

Effective January 1, 2006, Océ will establish Océ Imagistics, a new division that combines the office business of Imagistics International with the office and Digital Printing Centers (DPCs) business of Océ North America’s
Digital Document Systems (DDS) division. Océ Imagistics will have annual revenues in excess of $700 million.
The other operations of DDS, based in Boca Raton, Florida, will focus on the high-speed production and transaction printing, variable data and publishing needs of digital print providers and customers in graphic arts, direct mail and corporate IT centers.
Jan Dix, member of the Board of Executive Directors of Océ N.V. and President and Chief Executive Officer of Océ USA Holding Inc., stated, “The establishment of Océ Imagistics will bring the best and broadest product line in the industry to the market with a highly focused sales organization. With approximately 1,300 dedicated sales representatives supported by a world class service organization, we are able to focus on opportunities in the
networked office, large corporate and government Digital Printing Centers, commercial printing, and high-speed production printing markets. This is in addition to Océ North America’s existing sales efforts in the large format
printing and outsourced document process management markets.”
The team responsible for integrating Imagistics into the Océ family carefully assessed the market opportunities and identified the optimum organizational structure and leadership. A number of other integration efforts are in
progress including rationalization of IT systems, field office locations, financial reporting, and back office support.

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