Xerox Expands Digital Copier/Printer Leadership WithDocument Centre 480, Fastest, Most...

Business Editors

ROCHESTER, N.Y.--(BUSINESS WIRE)--Sept. 11, 2000

Xerox Corporation (NYSE: XRX) today extends its market leadership in the digital office and strengthens its powerful digital copier/printer family with the Document Centre 480 -- the fastest and most productive

Powered by a new Intel 433 MHz microprocessor, the Document Centre 480 prints and copies at 75 pages per minute (ppm) and is the industry's only product in this speed range to offer scanning. These features, along with faxing capabilities, allow Document Centre 480 users in the networked office to quickly manage, store and share electronic and paper documents, improving overall document management.

The Document Centre 400 Series now includes six models (20-75 ppm), making it the broadest, most versatile digital product family in the industry. Unlike other competitive products, each model features the same user interface, consistent functionality and consistent connectivity options, allowing IT managers and users to easily install and use multiple models in their existing network environment.

"The overall design and enhanced features of Document Centre make it the easiest and most productive digital office product to use. Its effectiveness and value is unmatched in the industry," said Nancy K.M. Rees, vice president and general manager, Xerox Office Digital Business Unit.

A hard drive with twice as much memory and a faster 433 MHz microprocessor empowers the Document Centre 480 to process many scan, print, fax and copy jobs quickly and consistently without delays between jobs. Intensive product testing by Xerox shows that the Document Centre 480 is a clear winner when processing and printing typical office jobs, such as stapled documents up to five pages. For example, compared with competitive products, the DC 480 is more than 200 percent faster, even against those models with faster print engine speeds.

The Document Centre 480 comes on the heels of Xerox's recent introduction of the DC 400 Series Office Software Suite, a family of four products focused on knowledge management, messaging and output management. These software products -- FlowPort, DocuShare, PrintXchange and CentreWare -- continue to leverage the Document Centre platform by helping customers manage the flow of digital or paper documents within existing IT infrastructures.

The Document Centre 480 is available starting Oct. 1. U.S. list prices begin at $44,000 for a digital copier, $49,000 for a digital copier/printer, and $52,900 for a digital copier/printer with scanning. Sales, service and leasing are offered through the Xerox direct sales force and authorized agents.

NOTE TO EDITORS: XEROX(R), The Document Company(R)and the digital X(R) are trademarks of XEROX CORPORATION.

Customer Contact: For details on Xerox Document Centre, call (800) ASK-XEROX or visit www.xerox.com