News Room

NORWALK, Conn., April 16, 2008  -- Xerox Corporation (NYSE: XRX) and Corporate Express NV (NYSE: CXP) today announced a definitive agreement for Xerox to acquire Veenman B.V., a subsidiary of Corporate Express, for approximately $68 million (€43 million) expanding Xerox's reach into the small and mid-sized business (SMB) market in the Netherlands. Veenman, with six offices located throughout the Netherlands, is the country's leading independent distributor of office printers, copiers, and multifunction devices serving small and mid-size businesses.

Founded in 1919 and headquartered in Capelle a/d IJssel, the Netherlands, Veenman has recently expanded to provide document management software and consulting support to its customers. As an office technology dealer, Veenman sells products from various suppliers, none of which today include Xerox. In addition to its existing offerings, Veenman will start selling Xerox document management products following the close of the acquisition. continue reading...

ROCHESTER, N.Y., April 15, 2008  -- Xerox Corporation (NYSE: XRX) has won a five-year blanket purchase agreement on an estimated $400 million U.S. Air Force contract for the placement of Xerox multifunction printers, network copiers and supplies.

Xerox will provide technology and services to help the Air Force reduce expenses, consolidate equipment and achieve global standards in its document management operations.

"Winning this eligibility is a highly competitive process and Xerox is well positioned to meet head-on the Air Force's cost savings initiative," said Greg Jones, senior vice president, Public Sector Operations, Xerox Corporation. "Our global document outsourcing capabilities, digital print technology and professional consulting services have successfully helped enterprises achieve top-line quality and bottom-line productivity savings - we can do the same for the U.S. Armed Forces." continue reading...