Ricoh Provides Office Equipment for PGA Championship; Official Copier, Printer and Fax of the PGA of America

Business Wire, August 14, 2002

Business Editors

CHASKA, Minn.--(BUSINESS WIRE)--Aug. 14, 2002

Ricoh Corporation, the Dependable Digital(TM) output company, and the Official Copier, Printer and Fax of the PGA of America is providing more than 70 printers, copiers and facsimile machines to the PGA Championship. The 84th PGA Championship is being held August 12-18, at the Hazeltine National Golf Club in Chaska, MN.

Ricoh's office equipment will be used in the media center for on-site press. The media center, designed for members of the press and officials of the PGA of America, will be fully equipped with Ricoh printers, digital copiers and facsimile machines for quick dissemination of tournament scores and highlights. Ricoh equipment will also be located in business centers located throughout the golf course.

"We are pleased to be the Official Copier, Printer and Fax of the PGA of America for the fifth consecutive year," said Kirk Yoshida, President and CEO of Ricoh Corporation. "Our association with the PGA of America enables us to provide it with much needed communications capabilities while maximizing Ricoh's exposure in this marketplace."

Founded in 1916 in New York City, the Professional Golfers' Association of America is comprised of more than 22,000 golf professionals dedicated to nurturing and maintaining the quality of the game for the 25 million golfers nationwide.

About Ricoh Corporation

Ricoh Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 66-year-old leading supplier of office automation equipment and electronics, with fiscal year 2001 sales in excess of $14 billion.

Ricoh Corporation 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 sales exceeded $2.7 billion and employed 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, 2000 and 2001.

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

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