Ricoh to Market EFI Velocity Workflow Software

Business Wire, Nov 13, 2001

Business Editors/High-Tech Writers

FOSTER CITY, Calif.--(BUSINESS WIRE)--Nov. 13, 2001

Electronics For Imaging (EFI(R)) (Nasdaq:EFII), the world leader in providing hardware and software imaging solutions for networked printers and copiers, today announced that Ricoh Corporation, the Dependable Digital(TM) output company, has agreed to market, support and endorse EFI's Velocity(TM) workflow software as part of its solutions offerings throughout the US. Ricoh will market the Velocity suite through its Savin, Lanier, Ricoh, and Gestetner subsidiaries, as well as its independent dealer network.

Velocity is EFI's innovative line of modular, scalable software designed to maximize throughput and produce the greatest number of print jobs in the shortest possible timeframe. Velocity is capable of driving up to ten color or black and white MFPs at once through one intuitive interface.

"EFI's Velocity makes digital printing more powerful, productive and easier to manage, which makes it an ideal workflow solution for our customers in intensive production environments," said Yuji Koyanagi, Director, Office Solutions Group Marketing, Ricoh Corporation.

Ricoh will offer the complete EFI Velocity suite through its subsidiaries. The Velocity suite currently includes four modules -- Velocity Balance(TM), Velocity Scan(TM), Velocity Build(TM), and Velocity Estimate(TM). The advanced Balance module is the core of the Velocity workflow software system. It features Dynamic PPD technology that automatically self-configures to utilize each print engine to its full capabilities. Velocity Balance directs jobs over multiple printers or splits jobs between color and black and white printers, dramatically increasing productivity. Velocity Scan further enhances productivity and efficiency by incorporating scanned hardcopy originals seamlessly into the workflow process. Velocity Build provides document preview, document merging, document editing, document imposition, and PDF editing tools. Finally, Velocity Estimate provides users with an easy way to determine the cost of print jobs.

"We are proud that Ricoh has chosen to promote EFI's Velocity workflow software to customers seeking to gain the maximum amount of productivity from their printing equipment," said Frank Mallozzi, Vice President of Worldwide Sales, Electronics for Imaging.

About Ricoh Corporation

Ricoh Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 65-year-old leading supplier of office automation equipment and electronics, with Fiscal Year 2000 sales in excess of $14 billion.

Ricoh Corporation, established in 1962, is a leading provider of computer-connected and digital multifunctional document systems, and is a market leader in color and black & white digital imaging systems, facsimile products, printers, scanners, digital duplicators and wide format engineering systems.

The Company oversees Ricoh operations in North, Central and South America, including the Savin, Gestetner and Lanier brands. For Fiscal Year 2000, Ricoh Corporation's sales exceeded $2.1 billion and employs more than 11,000 people.

Ricoh has received the 1998, 1999 and 2000 Energy Star Imaging Equipment Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) -- the EPA's highest industry award. In addition, Ricoh was honored for its commitment to the environment with the Council on Economic Priorities Environmental Stewardship Award.

In 2001, Ricoh was named by BUSINESS WEEK as one of the TOP 100 Information Technology Companies in the World. Ricoh has received the Market Research Consultants Digital Copier Manufacturer of the Year Award for 1996, 1997, 1998, 1999 and 2000.

Information about Ricoh's complete range of products and services can be accessed on the World Wide Web at http://www.ricoh-usa.com.

About Electronics for Imaging

Electronics For Imaging (www.efi.com) is the world leader in software and hardware imaging solutions for network printing. Our industry-leading technology offers customers powerful document management tools, seamless networking, high fidelity color and black-and-white output, and greater productivity and cost efficiency. With a global network of OEM relationships, EFI products support a broad range of printers, copiers and multifunction devices. EFI has pioneered many innovative and award-winning imaging solutions, including the Fiery(R), EDOX(R) and Splash(TM) brands of print controllers, Velocity(TM) workflow software, eBeam(R) Web-enabled whiteboards, and PrintMe Networks(TM) which enables anytime, anywhere printing. The company employs more than 900 people and maintains 22 offices worldwide.

Note to Editors: EFI, Fiery, EDOX and eBeam are registered trademarks of Electronics For Imaging, Inc. in the U.S. Patent and Trademark Office and certain other foreign jurisdictions. Splash, Velocity, Velocity Balance, Velocity Scan, Velocity Estimate and PrintMe Networks are trademarks of Electronics for Imaging.