KONICA MINOLTA RECEIVES

MFP COLOR MANUFACTURER OF THE YEAR AWARD

FROM THE CANNATA REPORT

RAMSEY, N.J. – July 28, 2005 – Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announced that The Cannata Report, a Marketing Research Consultants, Inc. publication, named Konica Minolta the 2005 “MFP Color Manufacturer of the Year” at ceremony at the Grand Hyatt Hotel in New York on July 27, 2005.

The Cannata Report’s MFP Color Manufacturer of the Year award is bestowed on the OEM that has achieved a high level of excellence in the design and manufacture of an outstanding line of MFP color products as determined by the 367 dealers who participated in the Report’s 20th Annual Dealer Survey.

"The dealers who participated in our 20th Annual Dealer Survey are clearly impressed with the quality of Konica Minolta’s color devices.  Their selection is an affirmation that the merging of the two companies has yielded a prolific color product line," said Frank G. Cannata, president, Marketing Research Consultants, Inc.

“To have been selected by the dealer community as MFP Color Manufacturer of the Year is an achievement that we hold in the highest regard.  To develop high quality color products that our dealers trust and that provide the highest value to their customers is our ultimate goal,” said William H. Brewster, Jr., vice president, marketing, Konica Minolta Business Solutions, U.S.A., Inc.  “We believe we have been selected for this award based on the strength of our bizhub brand, as well as the ability of products such as the bizhub C350 and the bizhub PRO C500 to meet the diverse needs of the office color and production environments.”

About Marketing Research Consultants, Inc.
Founded in 1979, Marketing Research Consultants, Inc. (MRC) was established by Frank G. Cannata to provide guidance and counseling to the office products industry.  Frank Cannata is noted for his analytical skills, on-target predictions, and current management information pertaining to the office products industry.  MRC offers two publication services:  The Cannata Report® and LiveWire®.  The Cannata Report is a monthly management report aimed at the office equipment reseller, and LiveWire is a facsimile or email-transmitted office technology news service, which is event-driven. 

About Konica Minolta Business Solutions U.S.A., Inc.
Konica Minolta Business Solutions U.S.A., Inc., offers a broad range of multifunctional digital imaging solutions inspired by its bizhub™ brand of powerful solutions that serve as the central resource for document scanning, in-house printing, copying, faxing and electronic archiving and distribution.  From high-quality color and monochrome bizhub systems for workgroups and small offices, to advanced high-volume bizhub PRO™ production printing systems for large corporations and print-for-pay services, Konica Minolta is leading the industry toward integrated, networked hardware/software solutions that are more simple, reliable, and cost-effective.  Complementing its bizhub solutions, Konica Minolta also offers desktop laser printers, microform digital imaging systems, wide-format printers and scanning systems for specialized applications.

Headquartered in Ramsey, New Jersey, Konica Minolta delivers expert professional services and experienced, responsive client support, in addition to the world-class service provided through its extensive network of direct sales offices, authorized dealers, resellers and distribution partners in the United States, Canada, Mexico, Central America and South America. 

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