XEROX LAUNCHING NORDIC FINANCING COMPANY


, nov 23, 2006 -- -- Xerox Financial Services (XFS) starts activity in the four Nordic countries. The new company, owned and operated by Xerox, will have focus on financial solutions for Xerox customers. The regional director for the Nordic activities, Niclas Björquist, has several years of experience in the vendor finance industry. In all the Nordic countries XFS has recruited very experienced country managers.

- XFS will provide Xerox, and Xerox partners, with a full range of competitive financial solutions to offer to Xerox customers. XFS will enable Xerox customers to get all of their Xerox solutions from one supplier, says Niclas Björkquist, director for XFS in the Nordic region. The benefit of this will include simplicity, speed and the peace of mind of dealing with a supplier that understands the end user requirements better than any third party organisation. XFS will work to the highest market standards and is accredited at the Swedish Finance inspection (Finansinspektionen).

"The link between XFS and Xerox means that the customer will benefit from dealing with one supplier for equipment, service and finance. What's more the financial solutions will be tailored to Xerox products. This is just another example of how Xerox strives to meet all our customers needs..

Rob Barnes, CEO Xerox Sverige AB.

Media contact:
Niclas Björkquist
Nordic CEO for XFS
+46 8-795 10 63
niclas.bjorkquist@xerox.com

Rob Barnes
CEO Xerox Sverige AB
+46 8-795 13 70
rob.barnes@xerox.com