TWIR "This Week in Ricoh"!

Gathered from Print4Pay Hotel Members from around the world and a few moles in very good places!

Industry authors claim that Ron Potesky, former Senior VP of Marketing for Ricoh, will be taking a job as President of Pantone Corp.

Ricoh’s InfoPrint division launched a new controller (not based on Fiery), for when it installs a relabeled Ricoh Pro C900 production color system into a data center that is running AFP protocol.

IKON, a division of Ricoh, announced it has settled a lawsuit it filed against the City of Jacksonville, FL. Details:
- IKON was seeking over $5 million, but settled for $3,077,519.00
- was for use of copiers it provided to the city’s library system
- original cost per copy lease contract was awarded to IKON in 2000
- in June 2005, the city had stopped paying IKON, as it was disputing IKON’s billings
- City claims that the lease was signed by a City employee that did not have decision making authority
- included 48 copiers, even though the library system only has 21 locations
- Even though it was not getting paid, IKON did not stop servicing and supplying the copiers
- The City gained title to the equipment as part of the settlement

Ricoh announced a new lease promo to boost sales of its Aficio PRO C900 production color system. Details:
- Must be leased through Ricoh Financial, CIT, DLL, Wells Fargo or GE Capital
- First choice is end user can choose an interest free 36 month FMV lease
- Second choice is a 60 month FMV lease with only 5.9% interest
- If other products are on the lease, or a trade-in/rebate is involved, must use a blended rate

Ricoh announced it will now offer nQueue BillBack as an embedded solution for its MFPs.

-=Good Selling=-