The MFP Magic Quadrant provides guidance to the large number of Gartner clients looking to reduce costs and create smarter document processes by making the transition from single function office devices to multifunction systems, which combine printing, copying, scanning and faxing.

The independent evaluation listed Xerox in the "Leaders" quadrant. According to Gartner, "Leaders" are vendors that are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market. The evaluation criteria included global scale of service operations, scope of training and support offerings, availability of security features, range of product acquisition options, ability to unify fleet management and the capacity of applications to deliver enhanced end user productivity. The 2005 report provides additional commentary related to industry trends over the last year.

"We believe these results demonstrate our ability to provide innovative products, services and solutions to meet the needs of businesses small to large," said , president, Xerox Office Group. "Xerox will continue setting the highest standards in the industry for helping customers improve productivity and streamline document management processes."

Xerox is a leader in providing technology, software and consulting services designed to help enterprises implement Smarter Document Management^SM strategies that reduce costs and increase office efficiency.

NOTE TO EDITORS: ¹Gartner, Inc., "Magic Quadrant for Multifunctional Products, 2005," Ken Weilerstein, Peter J. Grant, Don Dixon, Malcolm Hancock, Sharon McNee, Lynn Ritter and Aleks Fromzel, June 30, 2005.

The Magic Quadrant is copyrighted June 2005 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.