Canon U.S.A. Announces New Solutions Company: Canon Information And Imaging Solutions, Inc.
New Subsidiary to Deliver Total Imaging Solutions and Services Offerings for Organizations Seeking Increased Efficiencies
LAKE SUCCESS, N.Y., – Canon U.S.A., Inc., a leader in digital imaging, today announced the establishment of Canon Information and Imaging Solutions, Inc., a new, wholly owned subsidiary dedicated to expanding Canon’s overall solutions business. Mr. Joe Adachi, president and chief executive officer, Canon U.S.A., Inc., will serve as Chairman of Canon Information and Imaging Solutions and Mr. Seymour Liebman, executive vice president, chief administrative officer & general counsel, Canon U.S.A., Inc., will serve as President of Canon Information and Imaging Solutions. In addition, the new company will be initially comprised of personnel from Canon U.S.A.’s current professional services organization.
With an initial focus on accelerating the growth of existing Canon office solutions, including Business Process Optimization, Security Services and Imaging & Records Management Services, the new company will allow Canon to build out its business solutions infrastructure to specifically deliver solutions comprised of software, middleware and services. Additionally, the new company will be strategically focused to deliver a number of solutions in the area of Enterprise Resource Planning (ERP) as well as leverage Canon’s cloud computing technologies. Canon Information and Imaging Solutions will be well positioned to fully realize the market potential of Canon’s innovative cross media imaging solutions, as demonstrated at Canon’s 2010 Canon Expo in New York.
“Canon is pleased to launch Canon Information and Imaging Solutions, which is ideally positioned to capitalize on the expanding solutions marketplace for a broad variety of Canon’s advanced imaging technologies,” said Joe Adachi, president and chief executive officer, Canon U.S.A., “This new company will have a singular focus on the solutions and service business and create a strong foundation for developing new business segments.”
With an eye toward long-term future growth, Canon Information and Imaging Solutions will look for growth opportunities in previously untapped markets for Canon such as IT services and healthcare applications through emerging Canon technology and alliances with leading third-party technology providers.
Canon Information and Imaging Solutions will leverage Canon’s existing channels of distribution. For select technologies and services, the new company will also drive its own direct-selling efforts and will actively pursue new partnerships with system integrators.
Through organic and other growth initiatives, Canon is targeting the company to exceed $500 million in sales by 2014.
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. Its parent company, Canon Inc. (NYSE:CAJ), a top patent holder of technology, ranked fourth overall in the U.S. in 2010†, with global revenues of more than US $45 billion and is listed as number five in the computer industry on Fortune Magazine’s World’s Most Admired Companies 2011 list. Canon U.S.A. is committed to the highest levels of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. At Canon, we care because caring is essential to living together in harmony. Founded upon a corporate philosophy of Kyosei – “all people, regardless of race, religion or culture, harmoniously living and working together into the future” – Canon U.S.A. supports a number of social, youth, educational and other programs, including environmental and recycling initiatives. Additional information about these programs can be found at www.usa.canon.com/kyosei.
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