KONICA MINOLTA AND CLOVER ANNOUNCE TONER PARTNERSHIP


RAMSEY, N.J., May 1, 2015 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions, one of the world's leaders in information management focused on enterprise content, technology optimization and cloud service, and Clover, the global leader in the recovery, refurbishment, remanufacturing and redeployment of business and electronic assets, announced today a partnership that will make Clover a strategic toner supplier for Konica Minolta.

The partnership represents an expansion of the existing relationship between the two companies to deliver greater value and service to Konica Minolta customers.

"The partnership with Clover fits our ongoing commitment to provide our customers with the best products and services available to meet their needs," said Sam Errigo, Senior Vice President, Business Intelligence Services. "Clover is a leader in the toner industry and provides a perfect complement to our current offerings. Our customers will benefit from an expanded selection of premium quality products and increased availability."

Clover sells more remanufactured toner and inkjet cartridges than anyone else in the industry. With six strategically-located distribution centers, Clover is able to provide ground shipping to 95% of the country in one to two days.

"We have had a working relationship with Konica Minolta for many years and we look forward to the new opportunities this strengthened partnership brings," said Eric Martin, president of North American Sales for Clover. "Our unparalleled global footprint and manufacturing and engineering strength are unique in the industry and enable us to offer a diverse line of products while bringing new products to market faster than our competitors."

About Clover

Founded in 1996, Clover is the leading printer cartridge remanufacturer in the world, as well as the leading empty cartridge collector worldwide with over 1.2 billion in annual revenue and over 60 locations worldwide.  Clover has been providing the most recognizable OEM alternative brands to the world's largest office supplies retailers, corporate solutions providers and other OEMs for nearly two decades. The complete line of Clover's quality toner and ink is available through leading office products distributors and resellers and marketed under a variety of private label brands. In 2015 Clover created a comprehensive marketing umbrella called the Clover Imaging Group that unites all of its imaging assets under one roof bringing the market the most comprehensive suite of products, solutions, and collections programs to the global market.  The combined power of this group will bring customers of the Clover Imaging Group unparalleled value and create a new benchmark for partnership in the imaging space. To learn more, visit www.clovertech.com.

About Konica Minolta

Konica Minolta Business Solutions U.S.A., Inc. is one of the world's leaders in information management focused on enterprise content, technology optimization and cloud services. Our portfolio of offerings deliver solutions to improve our customers' speed to market, manage technology costs, and facilitate the sharing of information to increase productivity. The All Covered IT Services division offers a range of  IT strategy, support, project and cloud computing solutions across all verticals. Konica Minolta has won numerous awards and recognition, including placement in the Leaders Quadrant on the Gartner 2014 Magic Quadrant for Managed Print Services (MPS) and Managed Content Services (MCS). Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for eight consecutive years. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index for three years in a row. For more information, please visit: www.CountOnKonicaMinolta.com and follow Konica Minolta on Facebook, YouTube, and Twitter.



            

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