Ricoh Receives Distribution Industry’s Rising Star Award
Honor Recognizes Fastest-Growing IT Manufacturers and Publishers
San Francisco, CA, September 21, 2006 — Ricoh, the leading provider of digital office equipment, today announced that it has received the Global Technology Distribution Council’s (GTDC) inaugural Rising Star Award for outstanding sales growth through IT distributors. Ann Moser, senior vice president of the Printing Solutions Division for Ricoh Corporation, was presented with the award at GTDC’s annual Summit event, held at San Francisco’s Fairmont Hotel, September 19-20, and attended by the world’s leading IT vendors and distributors.
Ricoh was given the Rising Star Award by GTDC as a result of the demand for its products, as well as the pivotal role distributors play in reaching and supporting diverse end-user markets. The GTDC, whose member distributors represent more than 80 billion dollars in annual sales, created the Rising Star Awards because of the impressive success companies like Ricoh are having in partnership with IT distributors. Reflected in the theme of this year’s conference, GTDC Summit 2006: The New Wave of Growth in Distribution, the industry’s value proposition has never been more pronounced, especially considering the renewed emphasis on reseller channel services, supply chain efficiency and cost management. Sales results for the Rising Star Award are based on actual revenue growth over the past year, as reported by a leading consumer and retail information company, The NPD Group, in its Distributor Track® service. The Distributor Track aggregates distributor sell-through data to enable sharp insight into channel sales and pricing trends with the ability to drill down into product subcategories, including detailed attributes based on specific areas of interest. To be eligible for a Rising Star Award, vendors are required to have sold corresponding products through IT distributors for a minimum of one year with at least 20 percent year-over-year sales growth for hardware manufacturers and 15 percent year-over-year sales growth for software publishers. The hardware category includes separate awards for vendors with 20 million dollars to 100 million dollars in annual sales and those with more than 100 million dollars in sales. “Receiving the inaugural Rising Star Award is a great honor and something we hold in very high regard,” said Ann Moser. “Ricoh is extremely proud of its sales growth figures over the past year and an award from a top organization such as GTDC further reinforces our accomplishments.”
About Ricoh’s Printing Solutions Division
The Printing Solutions Division (PSD) of Ricoh Corporation is committed to meeting the critical needs of the company’s resellers and their customers by providing world-class printers and multifunction solutions that enhance document workflow. PSD offers resellers that are Ricoh Reward Members a wide variety of marketing and support programs to help drive revenue and profits including the Rewards Program, Demo Program and Royalties Program.
Ricoh Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 70-year-old leading supplier of office automation equipment and electronics, with fiscal year 2005 sales in excess of $17 billion, 5.6 percent increase over the previous year.
Information about Ricoh’s Printing Solutions Division can be accessed on the World Wide Web at www.ricoh-usa.com/resellers.
About The Global Technology Distribution Council The Global Technology Distribution Council (GTDC) is a worldwide industry association dedicated to defining and promoting the role of wholesale distribution in a successful and healthy information technology channel. The Council is comprised of the computer industry’s top wholesale distributors dedicated to serving “the channel,” a network of skilled value-added resellers and retail stores focused on providing hardware, software, and services to businesses and consumers around the globe.
- Contact Information
- Russell Marchetta
- Ricoh Corporation
- Contact via E-mail
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