Bolingbrook, IL (PressExposure) June 15, 2007 -- Chicago Office Technology Group now operates as a wholly owned subsidiary of Xerox Corporation (NYSE: XRX) and has added Xerox document technology and services to its offerings for customers in Chicago and the surrounding metropolitan area. This follows Xerox's $1.5 billion acquisition this month of Global Imaging Systems, Inc., Chicago Office Technology Group's parent company.
Chicago Office Technology Group retains its name and locally focused, independent approach to sales, service and customer support. In addition to current offerings, Chicago Office Technology Group is ramping up to provide a broad range of Xerox systems and supplies. These offerings include Xerox's launch this year of 16 competitively priced products designed for offices of any size, such as new WorkCentre Â® multifunction devices that print, copy, fax and scan as well as PhaserÂ® solid ink color printers and multifunction devices.
"By aligning with Xerox, Chicago Office Technology Group will continue to strengthen our customer relationships with the breadth and quality of Xerox offerings while retaining the people, portfolio and business model that have contributed to our success," said Phil Lampugnano, president, Chicago Office Technology Group. "We'll continue doing what we do best: applying our entrepreneurial spirit to developing deep relationships with customers and delivering excellent local sales, service and support."
Xerox has the industry's largest portfolio of document systems and services and the broadest U.S. distribution network. With the localized expertise from Global Imaging's 21 core companies including Chicago Office Technology Group, Xerox increases its distribution to small and mid-size business customers by more than 50 percent at a time when its portfolio of products is at its strongest.
Chicago Office Technology Group became part of Global in 1999. The company offers innovative document solutions from world-class partners that include Toshiba, Konica-Minolta, Kyocera, Hewlett-Packard and now Xerox. Chicago Office Technology Group focuses its core businesses with operations in the Chicago Loop, Itasca and Tinley Park with headquarters situated in Bolingbrook, Illinois. The company will continue its growth and commitment to excellence.