Asset Acquisition Enhances Canon U.S.A.’s
Capabilities in Delivering Canon Solutions to Small and Medium
Businesses in the Bay Area
Expanding its support for business in the San Francisco Bay area, Canon
U.S.A., Inc., today announced the acquisition of the NEWCAL Industries
business.
The San Francisco-based NEWCAL Industries is an independent value-added
reseller of document and print solutions, including document imaging
hardware and software, printer fleet and facilities management services.
Founded in 1991 by Steve Tarpley and Ken Wilkens, NEWCAL is a leading
independent provider of technology solutions to businesses in the Bay
Area.
In 2008, the company was honored with the San Francisco Business Times’
“Recognized for Excellence”
Award, and was part of the publication’s Top
100 privately held Bay Area Companies. NEWCAL, which is committed to
environmental sustainability through several eco-friendly practices that
the company has initiated, was also recognized by Canon as the
manufacturer’s number-one service organization
in the Western Region in 2007.
“NEWCAL has a tremendous reputation for
delivering top notch products, solutions and support to companies in the
Bay area, and its corporate and business goals and philosophies are in
line with Canon’s corporate philosophy and
commitment to our customers,” said Joe Adachi,
president and chief executive officer, Canon U.S.A., Inc. “This
acquisition is consistent with our strategy of aggressively expanding
our market presence and coverage, and continuing to be an imaging leader
for years to come.”
“We are thrilled to continue to offer our
customers Canon products, considered by most to be among the best in the
industry, and are pleased to be part of the Canon family,”
said Steve Tarpley, president of NEWCAL.
Ken Wilkens, chief financial officer, NEWCAL, added, “Our
customers will continue to receive the outstanding service they have
come to expect from NEWCAL.”
According to Jason Montgomery, vice president, Strategic Development,
NEWCAL, directed the acquisition for NEWCAL, and states, “NEWCAL
is now positioned for continued growth in the Northern California
marketplace with a wide solutions portfolio and a serve-centric
reputation.”
About Canon U.S.A., Inc.
Canon U.S.A., Inc. delivers consumer, business-to-business, and
industrial imaging solutions. Its parent company, Canon Inc. (NYSE:CAJ),
a top patent holder of technology, ranked third overall in the U.S. in
2007†, with global revenues of $39.3 billion,
is listed as one of Fortune's Most Admired Companies in America and is
on the 2007 BusinessWeek list of "Top 100 Brands." 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/pressroom.
†IFI Patent
Intelligence Press Release, January 2008
Canon U.S.A., Inc.
Mike DeMeo, 516-328-4928
mdemeo@cusa.canon.com
or
Canon
U.S.A. Web Site:
http://www.usa.canon.com
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