Three Independent Research and Test Labs Recognize Nine Xerox Color Products With Top Honors

New price on award-winning WorkCentre C2424 color MFP

ROCHESTER, N.Y., Jan. 05, 2006 -- Xerox Corporation (NYSE: XRX) has earned nine awards for its color printers, copiers and multifunction products from Better Buys for Business, a recognized industry authority on office imaging equipment; Buyers Laboratory Inc., a leading testing lab; and CRN, a publication focused on information technology and distribution channels.

In its 2006 Color Copier Guide, Better Buys for Business awarded its top “Editor’s Choice” designation to the Xerox WorkCentre™ C2424 color multifunction system, CopyCentre™ C3545 color copier, WorkCentre™ Pro C3545 advanced color multifunction system, and DocuColor™ 12, DocuColor 3535 and DocuColor 250 color copier-printers. The awards are based on the evaluation of hundreds of models from major competitors, feedback from customers, hands-on testing, and in-depth user surveys.

To make its award-winning color technology even more affordable, Xerox also announced a $1,000 price reduction for the WorkCentre C2424 color multifunction system, bringing the estimated street price to $1,999. The WorkCentre C2424, which has now earned 10 industry awards, produces color and black-and-white office documents - including text files, promotional materials, spreadsheets and presentations - at up to 24 pages per minute.

“Xerox continues to deliver outstanding color document technology to graphic artists and offices small to large,” said Steve Hannaford, editor-in-chief, Better Buys for Business. “Year after year, Xerox adds power and options to an already established portfolio of color copiers, printers and office multifunction systems.”

As part of its “Pick of the Year” announcements, Buyers Lab selected the Xerox DocuColor™ 240 and 250 color copier-printers in the production color printing category. The products were honored for “exceptional ease of use, very good output quality and productivity.” In addition, CRN Test Center engineers selected the Xerox Phaser™ 6350DP color printer as a “Product of the Year” in the printer category “based on its easy setup, top performance and high reliability.”

Xerox finished 2005 with more than 320 awards worldwide for its color and black-and-white printers, office scanners, digital copiers, multifunction systems, and high-speed digital production systems. Xerox has also earned accolades for its growing suite of consulting services, workflow solutions and software designed to streamline document-intensive business processes.

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Lisa Weaver

Xerox Corporation

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