Canon U.S.A. Announces Canon Solutions America, a Wholly Owned Subsidiary Integrating Canon Business Solutions and Select Océ

  Canon U.S.A. Announces Canon Solutions America, a Wholly Owned Subsidiary
  Integrating Canon Business Solutions and Select Océ Companies

    Company also Announces Launch of Canon Business Process Services, and
  Integration of other Océ Entities into Canon Americas Companies, Effective
                               January 1, 2013

Business Wire

LAKE SUCCESS, N.Y. -- December 04, 2012

Canon U.S.A., Inc., a leader in digital imaging solutions, today announced the
launch of Canon Solutions America, Inc., a wholly owned subsidiary of Canon
U.S.A., effective January 1, 2013. Integrating the business operations of
Canon Business Solutions, Inc., Océ North America, Inc., and Océ Imagistics,
Inc., this new name is reflective of the integration of Océ, first announced
in 2010. Canon Solutions America will provide sales and support for Canon and
Océ hardware, software and services targeting general office, production print
and large format markets in the United States.

Joe Adachi, president and CEO of Canon U.S.A., will serve as chairman and CEO
of Canon Solutions America.

“I am very pleased that the integration of the Canon and Océ businesses is
nearly complete,” said Mr. Adachi. “We have worked very hard these past three
years to make sure our goal of creating the overall leading presence in the
imaging industry will be realized. Canon Solutions America and the other
companies formed by the integration will be better positioned to meet the
growing demands of customers locally, regionally and nationally by
capitalizing on the strengths of each company and maintaining the superior
service levels that customers require.”

The headquarters for Canon Solutions America will be located on Long Island,
N.Y., with offices located throughout the United States, including existing
key Océ wide format printing systems and production printing systems locations
in Chicago, Ill. and Boca Raton, Fla.

As part of the Company’s overall integration efforts, Canon U.S.A. also
announced that Océ Business Services, Inc., a provider of digital document
management technology, outsourcing and business process consulting services,
will change its name to Canon Business Process Services, Inc. on January 1,
2013. Canon Business Process Services, Inc., headquartered in New York, will
be headed by Joe Marciano, currently the president and CEO of Océ Business
Services. Canon Business Process Services’ new name is a reflection of the
changing nature of the office technology market and the increasing importance
being placed on effective design and management of critical business processes
and related workflow.

Additionally, Océ Financial Services, Inc. will merge into Canon Financial
Services, Inc. on January 1, 2013, further expanding Canon’s ability to
support the leasing and financing needs of customers. Kris Tedo, senior vice
president and chief financial officer of Canon U.S.A., will also serve as
president of Canon Financial Services.

Also effective January 1, 2013, Océ Canada will become a subsidiary of Canon
Canada, Océ Mexico will become a subsidiary of Canon Mexicana and Océ Brazil
will become a subsidiary of Canon do Brasil.

About Canon U.S.A., Inc.

Canon U.S.A., Inc., is a leading provider of consumer, business-to-business,
and industrial digital imaging solutions. With approximately $45.6 billion in
global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks third overall
in U.S. patents registered in 2011† and is one of Fortune Magazine's World’s
Most Admired Companies in 2012. In 2012, Canon U.S.A. received the PCMag.com
Readers’ Choice Award for Service and Reliability in the digital camera and
printer categories for the ninth consecutive year, and for camcorders for the
past two years. Canon U.S.A. is committed to the highest level of customer
satisfaction and loyalty, providing 100 percent U.S.-based consumer service
and support for all of the products it distributes. Canon U.S.A. is dedicated
to its Kyosei philosophy of social and environmental responsibility. To keep
apprised of the latest news from Canon U.S.A., sign up for the company's RSS
news feed by visiting www.usa.canon.com/rss.

†Based on weekly patent counts issued by United States Patent and Trademark
Office.

All referenced product names, and other marks, are trademarks of their
respective owners.

Contact:

Canon U.S.A. website:
http://www.usa.canon.com
or
Editorial:
Canon U.S.A., Inc.
Michael Maloney, 516-328-4613
mmaloney@cusa.canon.com
or
For sales information/customer support:
1-800-OK-CANON
 
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