Burlington TWP, NJ., May 25 /PRNewswire/ -- Stewart Business Systems now operates as a wholly owned subsidiary of Xerox Corporation (NYSE: XRX - News) and has added Xerox document technology and services to its offerings for customers in the Stewart Business Solutions and Copy Dynamics market areas. This follows Xerox's $1.5 billion acquisition this month of Global Imaging Systems, Inc., Stewart Business Systems parent company.
Stewart Business Systems retains its name and locally focused independent approach to sales, service and customer support. In addition to current offerings, Stewart Business Systems is ramping up to provide a broad range of Xerox systems and supplies. These offerings include Xerox's launch this year of 16 competitively priced products designed for offices of any size, such as new WorkCentre® multifunction devices that print, copy, fax and scan, as well as Phaser® solid ink color printers and multifunction devices.
"By aligning with Xerox, Stewart Business Systems will continue to strengthen our customer relationships with the breadth and quality of Xerox offerings while retaining the people, portfolio and business model that has contributed to our success," said Chuck Cahn, president, Stewart Business Systems. "We'll continue doing what we do best: Applying our entrepreneurial spirit to developing deep relationships with customers and delivering excellent local sales, service and support."
Xerox has the industry's largest portfolio of document systems and services and the broadest U.S. distribution network. With the localized expertise from Global Imaging's 21 core companies including Stewart Business Systems, Xerox increases its distribution to small and mid-size business customers by more than 50 percent at a time when its portfolio of products is at its strongest.
Stewart Business Systems became part of Global in 2004 and Copy Dynamics became part of Global in 2006 The company offers state-of-the-art office equipment and services including the full range of technology solutions under the Savin, Canon, and Konica Minolta now Xerox brands.