Business Services Industry

Visioneer Announces Retirement of President and CEO Murray Dennis

Business Wire, May 7, 2008

PLEASANTON, Calif. -- Visioneer, Inc., a leader in intelligent imaging solutions, announced today that its President and CEO, Murray Dennis, is retiring from the company. During his more than 12 years with Visioneer, Dennis held numerous leadership positions, including Vice President of Sales and Marketing and, since 1999, President and Chief Executive Officer.

"Murray has been with Visioneer since the early days and has provided leadership to reposition our company as a leader in document imaging. Murray was as much a part of the fabric of success at Visioneer as anyone. I want to congratulate Murray on his successes and wish him the very best as he moves forward to fresh and rewarding new challenges," said J. Larry Smart, Chairman and CEO of Visioneer.

Under Dennis' leadership, the company enjoyed a consistent string of successes and strategic developments including:

* Visioneer OneTouch ushered in single button ease-of-use to the scanning user at a time when buttons didn't exist.

* Visioneer's installed base of scanners grew to over 10 million users, more than any other scanner vendor in history.

* A licensing agreement with Xerox was conceived by Dennis whereby Visioneer would develop, market, sell and support document scanners under the Xerox brand, one of the most recognized brands in the world.

* The innovation of OneTouch with Kofax VRS technology made perfect scans from imperfect originals possible with one button.

* Numerous awards such as multiple AIIM Best of Show, PC Magazine Editors' Choice, and Buyer's Lab Picks made Visioneer and Xerox scanners stand above the competition.

"My years at Visioneer have been a most rewarding and gratifying experience. I am honored to have worked with such talented and dedicated people who have literally changed the photo and document imaging industry through innovation, integrity and commitment," said Murray Dennis.

Smart will assume the combined roles of Chairman and CEO of Visioneer.

About Visioneer

Visioneer provides a broad range of scanning solutions for the desktop, distributed and departmental document imaging markets as well as the mobile and remote business scanning segments. In 2003, Visioneer combined its leading scanner technology with the Xerox brand recognition to develop the Xerox DocuMate product line. Visioneer and Xerox DocuMate high-performance business scanners and imaging software solutions offer users speed, image quality, advanced paper handling and ease-of-use with exclusive Visioneer OneTouch[TM] technology. These products have received numerous awards including AIIM Best of Show in 2004 and 2005, as well as consecutive PC Magazine Editors' Choice Awards in 2005 and 2006. For additional information on Visioneer and Xerox scanning solutions, visit www.visioneer.com or www.xeroxscanners.com.

Visioneer offers both product lines under a single reseller partners program. The 20/20 Perfect Vision program optimizes VAR margins and sales opportunities through volume incentive rebates, sales support and marketing tools. Additional information can be found at www.visioneer.com/2020.> NOTE TO EDITORS: Xerox[R] and DocuMate are trademarks of Xerox Corporation in the United States and/or other countries. Visioneer and Visioneer OneTouch are registered trademarks of Visioneer Inc. All other companies and products mentioned may be trademarks of their respective holdings and are hereby recognized. Prices, features, specifications, capabilities, appearance and availability of Visioneer and Xerox products and services are subject to change without notice. (c) 2008 All rights reserved.