Acquisition to Increase Konica Minolta’s Customers Base and Distribution Market Share

Ramsey, N.J. – October 4, 2011 – Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta),
today announced the company has acquired OfficeWare, a Kentucky-based regional full-service business
equipment dealership with offices in Louisville, Lexington and Bowling Green, Kentucky; Evansville,
Indiana; Marion, Illinois; and Cincinnati, Ohio.

OfficeWare will operate as a wholly-owned subsidiary of Konica Minolta Business Solutions U.S.A. and
maintain its current locations and roster of 125 employees. Current OfficeWare President, Rick Maxwell,
will continue to lead the operation and report directly to Rick Taylor, President and Chief Operating
Officer, Konica Minolta Business Solutions U.S.A., Inc.

"This strategic acquisition positions Konica Minolta to further increase our market presence in a highly
competitive marketplace," said Taylor. "Our goal is to implement a multi-faceted growth strategy that
encompasses organic growth, value-based partnerships with dealer partners, and acquisition where there
is clear value for the customer and the company. OfficeWare has a long-established reputation for their
ability to provide a complete breadth of solutions that includes technologies, services and expertise along
with an exceptional management team."

"My senior management team and I strongly believe that OfficeWare’s customers and employees will be
best served as members of the Konica Minolta Team - a global leader with resources proven to produce
results in this industry. While we will continue to honor our current commitments, the OfficeWare Team
will demonstrate our long-term dedication to being the trusted document solution provider for our
customers and future prospects," said Rick Maxwell, President, OfficeWare, Inc. "One of the biggest
reasons why Konica Minolta looked to acquire OfficeWare was the quality and reputation of our
organization. Starting today, The OfficeWare team will certainly work hard to leverage the strength of the
Konica Minolta brand, and to introduce our customers to how they can count on Konica Minolta for award
winning technologies and services."

OfficeWare was founded in Evansville, Indiana and has been providing leading office technologies to a
broad range of companies since 1957. The company offers sophisticated equipment for virtually every
critical office application from office systems to integrated computer networks to multi-media presentation
technologies. Headquartered in Louisville, Kentucky, OfficeWare has been recognized with multiple
industry awards – including the "Dealer of the Year" from the Business Technology Association – and its
95% customer referral rating reflects the company's commitment to be a trusted business partner while
improving customers’ productivity and reducing operational expenses.

“Over the past year, Konica Minolta has been aggressively reinventing itself as part of the printing and
imaging industry's evolution toward a more services-led model," said Keith Kmetz, Vice President,
Hardcopy Peripherals Solutions and Services at IDC. “The company is taking steps to ensure its
relevance. Strategic acquisitions, starting with All Covered earlier this year, and now OfficeWare, as well
as its more targeted vertically-oriented solutions, makes Konica Minolta a company to watch during the
industry's transformation."

About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc. is a leader in advanced imaging and networking
technologies for the desktop to the print shop. For the fourth consecutive year, Konica Minolta was
recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys. BLI
has named Konica Minolta 2011 “Line of the Year” award winner for the company’s award-winning line of
bizhub Color and Monochrome Multifunctional Products. For more information, please visit
www.CountOnKonicaMinolta.com and follow Konica Minolta on Facebook, YouTube, and Twitter.

About OfficeWare
OfficeWare has provided its customers integrated document solutions since 1957. Today, OfficeWare
offers comprehensive 'Managed Print Services' to address the changing dynamics of today's connected
office environment. The company has been recognized with multiple industry awards including the
"Dealer of the Year" from the Business Technology Association. A 98% uptime performance guarantee
and a 95% customer referral rating reflect the company's commitment to be a trusted business partner,
improve customer's productivity and reduce operational expenses. Headquartered in Louisville, KY,
OfficeWare serves customers from five offices including Louisville, Lexington and Bowling Green, KY,
Evansville, IN and Marion, IL.

MESSAGE TO OFFICEWARE CUSTOMERS FROM RICK MAXWELL, PRESIDENT