Toshiba Announces Elite Partnership with Hewlett-Packard

Toshiba America Business Solutions Inc. (http://www.copiers.toshiba.com/usa/home.html) (TABS) today announced a strategic agreement with Hewlett-Packard (http://welcome.hp.com/country/us/en/welcome.html#Product) (HP) that allows Toshiba to sell HP's laser jet product line to customers. This agreement expands and strengthens Toshiba's overall product offering while also meeting the needs of HP-loyal customers.

Toshiba's elite partnership benefits both dealers and their customers, with dealers receiving pricing discounts that translate to cost savings for the customer. Additionally, access to HP's line of laser jet products allows dealers to further strengthen their Managed Print Services (http://copiers.toshiba.com/usa/managed-print-experts/index.html) (MPS) program offerings for customers who already have HP as their single-function printer provider. "Hewlett-Packard is without question the preferred printer provider for a large number of the companies we do business with, and by bringing HP to the table along-side Toshiba's line of award-winning multifunction products, Toshiba has succeeded in establishing a competitive advantage that will have a significant and positive impact on our dealers' ability to succeed in this competitive market," said Mark Mathews, president and chief operating officer, TABS.

Managed Print Services This agreement extends the benefits of Toshiba's MPS, which helps dealers develop additional revenue streams while simultaneously helping customers decrease inefficiencies and reduce costs. The program helps dealers reduce and sometimes eliminate the need for new equipment while simplifying service contracts and decreasing imaging consumable costs. With its elite partnership with HP, Toshiba can now provide dealers with more options for their customers in both the areas of service and product offerings. The HP laser jet line will be available through dealers to all Toshiba customers, not just those utilizing the Managed Print Services program.

About Toshiba America Business Solutions Inc. Toshiba America Business Solutions Inc. (TABS) manages product planning, marketing, sales, service support and distribution of copiers, facsimiles, multifunction printing products, network controllers, and toner products throughout the United States, Mexico, Brazil, Latin America, and the Caribbean. Headquartered in Irvine, Calif., TABS has five divisions: the Electronic Imaging Division; the Toner Products Division; the Document Solutions Engineering Division; the International Division; and TOPAC U.S.A., Inc., dba Toshiba Business Solutions (TBS), a wholly-owned subsidiary corporation of TABS, that operates a network of wholly-owned office equipment dealers throughout the United States. Named the most favored manufacturer ten times by the Business Technology Association (BTA), Toshiba's entire product line, customer support and marketing distribution policies are markers for the industry. Among the many other awards garnered in recent years,Toshiba was named the "Manufacturer of the Year" eight times by Marketing Research Consultants (MRC), and has twice been named to the CIO 100 for being among the top 100 "bold" (2008) and "agile" (2004) companies in the world. TABS is an independent operating company of Toshiba Corporation, the seventh largest electronics/electrical equipment company and the world's 91st largest company in terms of sales. Ranked by Fortune magazine as the eighth Most Admired Electronics Company in the World, Toshiba Corporation is a world leader in high technology products with more than 300 major subsidiaries and affiliates worldwide. Fiscal year revenue in 2007 was approximately $76.6 billion. For more information on Toshiba copiers, facsimiles, multifunction printing products, network controllers or toner products, or for a dealer in your area, call (800)-GO-TOSHIBA or visit the TABS Web site at copiers.toshiba.com (http://copiers.toshiba.com/usa/home.html).

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