Xerox Corporation800 Long Ridge RoadPO Box 1600Stamford, CT 06904(203) 968-3000

www.xerox.com

© 2005 XEROX CORPORATION. All rights reserved. XEROX®, DataGlyph®,DocuTech®, WorkCentre®, Phaser®, DocuPrint®, The New Business of Printing®,iGen3®, FreeFlow, and Smarter Document Management™ are trademarks or service marks of XEROX CORPORATION in the US and/or other countries.DocuColor® is a licensed trademark of Xerox Corporation08/05

A new way to look at Xerox.

Like many organizations,

dramatic shifts in the global

business landscape have

required Xerox to rethink,

redefine and reinvent itself

over the past few years. We’ve

done that by focusing on you,

our customers.

What has emerged is a new Xerox, one that better

understands your document-related needs, and uses

smart documents and smart processes to help your

business in ways that just might surprise you.

Today, Xerox is more relevant to more businesses than

ever before. No matter what size, or what industry you’re

in, we can help you significantly reduce costs, speed up

and grow your business in a number of lasting ways.

In the office environment, our portfolio includes

award-winning color and black-and-white multifunction

systems, printers and copiers. We combine these

offerings with software from Xerox and our partners

to simplify work processes such as scanning contracts

into a digital archive.

In the production environment, Xerox continues to

lead The New Business of Printing™, helping thousands

of organizations capitalize on the dynamic world of

digital printing – on-demand publishing and one-to-one

personalized communications. These advanced capabili-

ties are enabled by our workflow solutions, production

services and breakthrough systems such as the Xerox

DocuColor® iGen3 Digital Production Press.

Through our consulting and managed services, we

provide unparalleled expertise in producing and

managing documents that are critical to the success

of every organization.

Our unwavering commitment to innovation in the

workplace is backed by a $1 billion annual investment

in research and development all focused on delivering

better ways to do great work.

I invite you to read about the new Xerox and discover

for yourself new ways that we can help your business.

Anne M. MulcahyC H A I R M A N A N D C E O , X E R O X C O R P O R AT I O N

A new way to look at Xerox.

Like many organizations,

dramatic shifts in the global

business landscape have

required Xerox to rethink,

redefine and reinvent itself

over the past few years. We’ve

done that by focusing on you,

our customers.

What has emerged is a new Xerox, one that better

understands your document-related needs, and uses

smart documents and smart processes to help your

business in ways that just might surprise you.

Today, Xerox is more relevant to more businesses than

ever before. No matter what size, or what industry you’re

in, we can help you significantly reduce costs, speed up

and grow your business in a number of lasting ways.

In the office environment, our portfolio includes

award-winning color and black-and-white multifunction

systems, printers and copiers. We combine these

offerings with software from Xerox and our partners

to simplify work processes such as scanning contracts

into a digital archive.

In the production environment, Xerox continues to

lead The New Business of Printing™, helping thousands

of organizations capitalize on the dynamic world of

digital printing – on-demand publishing and one-to-one

personalized communications. These advanced capabili-

ties are enabled by our workflow solutions, production

services and breakthrough systems such as the Xerox

DocuColor® iGen3 Digital Production Press.

Through our consulting and managed services, we

provide unparalleled expertise in producing and

managing documents that are critical to the success

of every organization.

Our unwavering commitment to innovation in the

workplace is backed by a $1 billion annual investment

in research and development all focused on delivering

better ways to do great work.

I invite you to read about the new Xerox and discover

for yourself new ways that we can help your business.

Anne M. MulcahyC H A I R M A N A N D C E O , X E R O X C O R P O R AT I O N

30%Xerox has delivered document-related cost savings of 30% on average.2 If your businessspends 15% of revenueon documents, think what that can do for your bottom line.

Document costs are

as much as15%of your annual revenue.

1 Source: InfoTrends/CAP Ventures2 Source: Xerox Office Document Assessment Results3 Source: Palo Alto Research Center Incorporated

We focus on people doing document-intensivework.

We found $30,000 of annual costs hiding in envelopes.

As part of a thorough document assessment for this bank, we looked at all of the differentenvelopes it used in the course of a year – different sizes, different window placements, different logos. We taped the envelope variations… all 600 of them… up on a wall for the client to see. The problem was obvious.The solution was like new-found money.

We find millions of dollars hiding in warehouses.

They’re disguised as skids of marketing and sales materials,business forms, product and serviceliterature. The plan was to print plenty of them on offset presses to get the cost-per-piece down.But now they sit in a warehouse in varying stages of information decay and unplanned obsolescence.

One Xerox customer calculates that they will save $17 million overthe next three years using Xerox on-demand publishing to change their document production modelfrom “print and store” to “print on-demand.”

The opportunities go far beyond cost savings…

In most businesses today, 90% of customer communications is throughdocuments.3 That’s a lot of people and a lot of documents.We see if theyhave the right process and the righttools to get their work done in themost efficient and effective manner.

In most cases, there’s plenty of room for improvement.

Sometimes, we find more printers,copiers, scanners and faxes than people.For one customer, we reduced theirmachine count on one floor from 60 to 10.

We configured our multifunction systems and printers and placed them strategically so people wouldhave the document capabilities they needed to get their work donebetter and faster. We call it “balanced deployment” and it helped them save thousands of dollars a year inpaper, supplies and maintenance.

It all adds up.

Consider every document your people useto run your business and communicatewith customers, employees, suppliers,channel partners, and shareholders.

Now think of your people and all the time spent creating, storing,printing, copying, scanning, faxing,and delivering them.

Add it all up and it’s a very importantnumber. In businesses with document-intensive work, it’s as much as 15%of annual revenue.1

Imagine the opportunities.

Most business owners, executives,and managers can cite operational costs to the penny. But they areshocked to discover that documentcosts are often a double-digit hit on revenue.

We can help you spend lessand get more.

We look at how your organizationworks with documents, and we findways to make it more efficient andmore effective. It’s as simple as that.

30%Xerox has delivered document-related cost savings of 30% on average.2 If your businessspends 15% of revenueon documents, think what that can do for your bottom line.

Document costs are

as much as15%of your annual revenue.

1 Source: InfoTrends/CAP Ventures2 Source: Xerox Office Document Assessment Results3 Source: Palo Alto Research Center Incorporated

We focus on people doing document-intensivework.

We found $30,000 of annual costs hiding in envelopes.

As part of a thorough document assessment for this bank, we looked at all of the differentenvelopes it used in the course of a year – different sizes, different window placements, different logos. We taped the envelope variations… all 600 of them… up on a wall for the client to see. The problem was obvious.The solution was like new-found money.

We find millions of dollars hiding in warehouses.

They’re disguised as skids of marketing and sales materials,business forms, product and serviceliterature. The plan was to print plenty of them on offset presses to get the cost-per-piece down.But now they sit in a warehouse in varying stages of information decay and unplanned obsolescence.

One Xerox customer calculates that they will save $17 million overthe next three years using Xerox on-demand publishing to change their document production modelfrom “print and store” to “print on-demand.”

The opportunities go far beyond cost savings…

In most businesses today, 90% of customer communications is throughdocuments.3 That’s a lot of people and a lot of documents.We see if theyhave the right process and the righttools to get their work done in themost efficient and effective manner.

In most cases, there’s plenty of room for improvement.

Sometimes, we find more printers,copiers, scanners and faxes than people.For one customer, we reduced theirmachine count on one floor from 60 to 10.

We configured our multifunction systems and printers and placed them strategically so people wouldhave the document capabilities they needed to get their work donebetter and faster. We call it “balanced deployment” and it helped them save thousands of dollars a year inpaper, supplies and maintenance.

It all adds up.

Consider every document your people useto run your business and communicatewith customers, employees, suppliers,channel partners, and shareholders.

Now think of your people and all the time spent creating, storing,printing, copying, scanning, faxing,and delivering them.

Add it all up and it’s a very importantnumber. In businesses with document-intensive work, it’s as much as 15%of annual revenue.1

Imagine the opportunities.

Most business owners, executives,and managers can cite operational costs to the penny. But they areshocked to discover that documentcosts are often a double-digit hit on revenue.

We can help you spend lessand get more.

We look at how your organizationworks with documents, and we findways to make it more efficient andmore effective. It’s as simple as that.

4.5Trillion

Saving time where the paperwork meets the network.

Xerox can help you work seamlesslywith paper and digital documents in the same process.

Our scanning solutions convert paperinto digital documents quickly and easily. They can be indexed and stored,current, secure, and available to author-ized people on a moment’s notice.

It can be as simple as scanning yourmeeting notes to the team via e-mail.Or it can be as advanced as developingan integrated, highly automated docu-ment workflow that speeds up yourbusiness and increases productivity.

better waysto work.

Let’s talk about

The documents and revenue connection.

Customer contracts, loan applications,enrollment applications, order forms,all have to move through a review and approval process, often involvingpaper and digital documents. Decisionsmust be made. If the approving partiesdon’t have all of the documents theyneed readily available, the decision isstalled. So is the revenue stream.

The results can be dramatic.By focusing on what we call Smarter Document Management™,we can help you significantly reducesteps, labor and/or time, simplify doc-ument intensive business processes,and help transform the way you work.

Making time for your new customers.

Working with a brokerage house,we helped cut the time it takes to open a new customer account inhalf. How? By using XML-basedforms and Xerox DataGlyphs® to accelerate the capture and managementof their new customer information.

That saves a lot of document management time and dramaticallyreduces copying and faxing. This notonly simplifies the process, it givestheir agents the potential to generatemore revenue on a daily basis.

Dramatically fewer copies and faxes? You probably didn’t expect that from Xerox.

How’s your paperless office?

4.5 trillion hard-copy pages(prints and copies) will be produced in businesses aroundthe world in 2007, according to IDC. Imagine a stack of paperreaching well beyond the moon.

For most businesses, the incredible amount of paper and digital documents creates a serious management problemand a workflow bottleneck that can grind an importantprocess to a halt.

Making paper smarter.

DataGlyphs contain encrypted information that tells the scanner what the document

is, where the document should be stored, how it should beindexed, who can access it, etc. It’s paper that knows whereit’s going when it reaches the digital world.

4.5Trillion

Saving time where the paperwork meets the network.

Xerox can help you work seamlesslywith paper and digital documents in the same process.

Our scanning solutions convert paperinto digital documents quickly and easily. They can be indexed and stored,current, secure, and available to author-ized people on a moment’s notice.

It can be as simple as scanning yourmeeting notes to the team via e-mail.Or it can be as advanced as developingan integrated, highly automated docu-ment workflow that speeds up yourbusiness and increases productivity.

better waysto work.

Let’s talk about

The documents and revenue connection.

Customer contracts, loan applications,enrollment applications, order forms,all have to move through a review and approval process, often involvingpaper and digital documents. Decisionsmust be made. If the approving partiesdon’t have all of the documents theyneed readily available, the decision isstalled. So is the revenue stream.

The results can be dramatic.By focusing on what we call Smarter Document Management™,we can help you significantly reducesteps, labor and/or time, simplify doc-ument intensive business processes,and help transform the way you work.

Making time for your new customers.

Working with a brokerage house,we helped cut the time it takes to open a new customer account inhalf. How? By using XML-basedforms and Xerox DataGlyphs® to accelerate the capture and managementof their new customer information.

That saves a lot of document management time and dramaticallyreduces copying and faxing. This notonly simplifies the process, it givestheir agents the potential to generatemore revenue on a daily basis.

Dramatically fewer copies and faxes? You probably didn’t expect that from Xerox.

How’s your paperless office?

4.5 trillion hard-copy pages(prints and copies) will be produced in businesses aroundthe world in 2007, according to IDC. Imagine a stack of paperreaching well beyond the moon.

For most businesses, the incredible amount of paper and digital documents creates a serious management problemand a workflow bottleneck that can grind an importantprocess to a halt.

Making paper smarter.

DataGlyphs contain encrypted information that tells the scanner what the document

is, where the document should be stored, how it should beindexed, who can access it, etc. It’s paper that knows whereit’s going when it reaches the digital world.

If it involves documents,it involves Xerox.

More opportunities. Brand building and

revenue growth.

Personalized communications have been proven to dramatically increase response rates, especially when combined with color and customized content… as much as 500%!4

Think of all of your branded communications. Your marketing and sales materials, statements andinvoices, product and service literature,recruitment, enrollment, application,and order forms. Every one of thesedocuments makes an impression.

Communicate with the powerof color.

Whether it’s for one million monthlystatements or one big idea, simple,affordable Xerox digital color makesimportant communications moreeffective.

Add the measurable impact of personalization.

The combination of marketing databases and Xerox full-color variable information printing enablesyou to communicate with thousandsof customers on a one-to-one basis.More relevant information and highlytargeted offers, that’s the key to building lasting relationships.

Communicate with the peoplewho matter most, one-to-one.

An insurance company wanted tolaunch a high-value plan to a limitednumber of high-net-worth clients.Rather than send out generic brochuresto their agents and producers, theyasked Xerox to help them create aWeb-based personalized, customizedsales collateral system.

In three simple steps, an agent cango online, input their information,their prospect’s information, and get an on-screen proof of their full-color brochure with customized,personalized content in place… all in 60 seconds.

Initial results have been so positivethat the customer has made Xeroxpersonalized communications an integral part of their sales strategy.

Growing sales and revenue!It’s amazing what you can dowith documents.

We streamline and simplify the wayyou work with paper and digital documents – the way you capture,store, retrieve and share them withpeople anywhere in the world.

Investing in new ways totransform the way you work.

We’re digitizing the document,automating the flow of business infor-mation through smarter documentprocesses, and providing more afford-able color, simpler collaboration, andinnovative document tools for a moremobile work force.

Investing in innovative people.

Xerox people use their extensive document knowledge and our portfolio of technology, software and servicesto provide innovative solutions thatdeliver measurable business results.

Investing in next generationdocument technology.

Xerox people draw on our award-winning portfolio of WorkCentre Pro multifunction systems, Phaserprinters, DocuTech, DocuPrint and DocuColor production printersand the incredible DocuColor iGen3 Digital Production Press.

4 Source: Romano/Broudy DPC/RIT Study

Our creativity in the design and development of paper and specialtymedia streamlines and simplifies critical printing and business processes.

Breakthroughs such as solid ink provide outstanding color printing at affordable prices. They’re great for your image, and great for the environment, producing 90% less waste.

And, oh yes, we still make the world’s best copiers.

Delivering The New Business of Printing

For commercial printers, service bureaus, creative agencies, and in-plant printing operations, Xerox provides a world of new revenue opportunities. We call it The New Business of Printing. It’s using Xerox digital technology and Xerox FreeFlow™

digital workflow solutions to provide high-value business communications services.

These include:• On-Demand Publishing• Customized Personalized Communications • Cross-Media Publishing• Content Management Services

If it involves documents,it involves Xerox.

More opportunities. Brand building and

revenue growth.

Personalized communications have been proven to dramatically increase response rates, especially when combined with color and customized content… as much as 500%!4

Think of all of your branded communications. Your marketing and sales materials, statements andinvoices, product and service literature,recruitment, enrollment, application,and order forms. Every one of thesedocuments makes an impression.

Communicate with the powerof color.

Whether it’s for one million monthlystatements or one big idea, simple,affordable Xerox digital color makesimportant communications moreeffective.

Add the measurable impact of personalization.

The combination of marketing databases and Xerox full-color variable information printing enablesyou to communicate with thousandsof customers on a one-to-one basis.More relevant information and highlytargeted offers, that’s the key to building lasting relationships.

Communicate with the peoplewho matter most, one-to-one.

An insurance company wanted tolaunch a high-value plan to a limitednumber of high-net-worth clients.Rather than send out generic brochuresto their agents and producers, theyasked Xerox to help them create aWeb-based personalized, customizedsales collateral system.

In three simple steps, an agent cango online, input their information,their prospect’s information, and get an on-screen proof of their full-color brochure with customized,personalized content in place… all in 60 seconds.

Initial results have been so positivethat the customer has made Xeroxpersonalized communications an integral part of their sales strategy.

Growing sales and revenue!It’s amazing what you can dowith documents.

We streamline and simplify the wayyou work with paper and digital documents – the way you capture,store, retrieve and share them withpeople anywhere in the world.

Investing in new ways totransform the way you work.

We’re digitizing the document,automating the flow of business infor-mation through smarter documentprocesses, and providing more afford-able color, simpler collaboration, andinnovative document tools for a moremobile work force.

Investing in innovative people.

Xerox people use their extensive document knowledge and our portfolio of technology, software and servicesto provide innovative solutions thatdeliver measurable business results.

Investing in next generationdocument technology.

Xerox people draw on our award-winning portfolio of WorkCentre Pro multifunction systems, Phaserprinters, DocuTech, DocuPrint and DocuColor production printersand the incredible DocuColor iGen3 Digital Production Press.

4 Source: Romano/Broudy DPC/RIT Study

Our creativity in the design and development of paper and specialtymedia streamlines and simplifies critical printing and business processes.

Breakthroughs such as solid ink provide outstanding color printing at affordable prices. They’re great for your image, and great for the environment, producing 90% less waste.

And, oh yes, we still make the world’s best copiers.

Delivering The New Business of Printing

For commercial printers, service bureaus, creative agencies, and in-plant printing operations, Xerox provides a world of new revenue opportunities. We call it The New Business of Printing. It’s using Xerox digital technology and Xerox FreeFlow™

digital workflow solutions to provide high-value business communications services.

These include:• On-Demand Publishing• Customized Personalized Communications • Cross-Media Publishing• Content Management Services

Chairman andChief Executive Officer

Anne M. Mulcahy

Global Corporate Headquarters

800 Long Ridge RoadStamford, CT 06904(203) 968-3000

History

Founded 1906, Rochester, N.Y.,as The Haloid Company; namedXerox Corporation in 1961.

Employees

About 57,300 worldwide.

Stock Information

Xerox common stock (XRX) was listed on the New York StockExchange in 1961 and on the ChicagoStock Exchange in 1990. It is alsotraded on the Boston, Cincinnati,Pacific Coast, Philadelphia, Londonand Switzerland exchanges. Xerox is incorporated in New York.

Corporate Award Highlights

Xerox’s commitment to being anemployer that supports an inclusivework environment has consistentlybeen recognized over the years by external organizations. Among recent highlights:

• Computerworld ranks Xerox among top 100 “Best Places to Work in IT.”

• DiversityInc ranks Xerox No. 10 in “Top 50 Companies for Diversity.”

• Fortune puts Xerox No. 13 on list of America’s “50 Best Companies for Minorities.”

• Diversity Best Practices/BusinessWomen’s Network ranks Xeroxamong Top 10 Companies for diversity and women, out of 715 companies reviewed.

• Money ranks Xerox among the top 75 U.S. companies on the “BestBenefits” list.

• Toronto Globe and Mail ranks Xerox Canada among “50 BestCompanies to Work for in Canada.”

• Hispanic Magazine names Xerox to its “Corporate 100: The OneHundred Companies Providing theMost Opportunities to Hispanics.”

• Human Rights Campaign’sCorporate Equality Index calls Xerox one of only 13 U.S. companies to earn a perfect 100 percent score.

Helping youget more for your document dollar. Xerox Today

Product Award Highlights

It’s satisfying to earn accolades from editors and product reviewers.Among recent highlights:

• “Editor’s Choice” Awards fromBetter Buys for Business, for sixmid-range CopyCentre, WorkCentreand WorkCentre Pro systems.

• “Best Buy” Award from PC World,for the Phaser 4400 printer.

• “IT Works Ability Award”from Information TechnologyAssociation of America, for XeroxCopier Assistant software, whichmakes it easier for people who are blind or visually impaired to operate copiers.

• The “Gold Ink” Awards, sponsoredby Printing Impressions and PrintMedia, for output created on theXerox DocuColor 2045, DocuColoriGen3 and DocuColor 12 printers and presses.

• “Editor’s Choice” Awards fromBetter Buys for Business, whichselected three Xerox DocuTech 2000Series systems.

• PC Magazine named the Phaser 6200 printer among the “Best Productsof 2002.”

• “Best Product of the Year” fromCRN, for the Phaser 6200 printer.

• VARBusiness rated Xerox the No. 1network color printer vendor.

• 2003 Corporate InnovationRecognition – The IEEE recognizesXerox “for its DocuTech product line,which created the print-on-demandindustry.”

More support.

Morevalue.

Making a smart purchasing decision intoday’s environment is a challengingproposition. Here are some things youshould consider.

Xerox has the broadest and deepestproduct portfolio in the industry. Thatmeans we have more ways to addressyour specific requirements.

We’re applying Lean Six Sigma principles across our entire companyto make doing business with Xeroxsimple and enjoyable every step of theway. We have the people, technology,proven processes, service, suppliesand support to help you get the mostout of every dollar you spend on documents. That’s the added-valueXerox provides.

Better business results arejust a click or a call away.

Call 1-800 ASK XEROX, visit us at www.xerox.com, or contact yourXerox representative. Discover whatXerox can do for you.

More service.

Plus, we offer world-class documentoutsourcing services that help youfocus on what you do best. Theseservices are customized to your exact requirements and delivered with quality-driven managementprocesses to achieve pre-determinedperformance goals that ensure yoursatisfaction.

Our unsurpassed field sales and serviceforce of some 23,000 people are inti-mately involved with their clients on adaily basis. In addition, you can counton our 24-hour Welcome Centers, andour award-winning e-Service aroundthe clock. And around the world.

Chairman andChief Executive Officer

Anne M. Mulcahy

Global Corporate Headquarters

800 Long Ridge RoadStamford, CT 06904(203) 968-3000

History

Founded 1906, Rochester, N.Y.,as The Haloid Company; namedXerox Corporation in 1961.

Employees

About 57,300 worldwide.

Stock Information

Xerox common stock (XRX) was listed on the New York StockExchange in 1961 and on the ChicagoStock Exchange in 1990. It is alsotraded on the Boston, Cincinnati,Pacific Coast, Philadelphia, Londonand Switzerland exchanges. Xerox is incorporated in New York.

Corporate Award Highlights

Xerox’s commitment to being anemployer that supports an inclusivework environment has consistentlybeen recognized over the years by external organizations. Among recent highlights:

• Computerworld ranks Xerox among top 100 “Best Places to Work in IT.”

• DiversityInc ranks Xerox No. 10 in “Top 50 Companies for Diversity.”

• Fortune puts Xerox No. 13 on list of America’s “50 Best Companies for Minorities.”

• Diversity Best Practices/BusinessWomen’s Network ranks Xeroxamong Top 10 Companies for diversity and women, out of 715 companies reviewed.

• Money ranks Xerox among the top 75 U.S. companies on the “BestBenefits” list.

• Toronto Globe and Mail ranks Xerox Canada among “50 BestCompanies to Work for in Canada.”

• Hispanic Magazine names Xerox to its “Corporate 100: The OneHundred Companies Providing theMost Opportunities to Hispanics.”

• Human Rights Campaign’sCorporate Equality Index calls Xerox one of only 13 U.S. companies to earn a perfect 100 percent score.

Helping youget more for your document dollar. Xerox Today

Product Award Highlights

It’s satisfying to earn accolades from editors and product reviewers.Among recent highlights:

• “Editor’s Choice” Awards fromBetter Buys for Business, for sixmid-range CopyCentre, WorkCentreand WorkCentre Pro systems.

• “Best Buy” Award from PC World,for the Phaser 4400 printer.

• “IT Works Ability Award”from Information TechnologyAssociation of America, for XeroxCopier Assistant software, whichmakes it easier for people who are blind or visually impaired to operate copiers.

• The “Gold Ink” Awards, sponsoredby Printing Impressions and PrintMedia, for output created on theXerox DocuColor 2045, DocuColoriGen3 and DocuColor 12 printers and presses.

• “Editor’s Choice” Awards fromBetter Buys for Business, whichselected three Xerox DocuTech 2000Series systems.

• PC Magazine named the Phaser 6200 printer among the “Best Productsof 2002.”

• “Best Product of the Year” fromCRN, for the Phaser 6200 printer.

• VARBusiness rated Xerox the No. 1network color printer vendor.

• 2003 Corporate InnovationRecognition – The IEEE recognizesXerox “for its DocuTech product line,which created the print-on-demandindustry.”

More support.

Morevalue.

Making a smart purchasing decision intoday’s environment is a challengingproposition. Here are some things youshould consider.

Xerox has the broadest and deepestproduct portfolio in the industry. Thatmeans we have more ways to addressyour specific requirements.

We’re applying Lean Six Sigma principles across our entire companyto make doing business with Xeroxsimple and enjoyable every step of theway. We have the people, technology,proven processes, service, suppliesand support to help you get the mostout of every dollar you spend on documents. That’s the added-valueXerox provides.

Better business results arejust a click or a call away.

Call 1-800 ASK XEROX, visit us at www.xerox.com, or contact yourXerox representative. Discover whatXerox can do for you.

More service.

Plus, we offer world-class documentoutsourcing services that help youfocus on what you do best. Theseservices are customized to your exact requirements and delivered with quality-driven managementprocesses to achieve pre-determinedperformance goals that ensure yoursatisfaction.

Our unsurpassed field sales and serviceforce of some 23,000 people are inti-mately involved with their clients on adaily basis. In addition, you can counton our 24-hour Welcome Centers, andour award-winning e-Service aroundthe clock. And around the world.

Xerox Corporation800 Long Ridge RoadPO Box 1600Stamford, CT 06904(203) 968-3000

www.xerox.com

© 2005 XEROX CORPORATION. All rights reserved. XEROX®, DataGlyph®,DocuTech®, WorkCentre®, Phaser®, DocuPrint®, The New Business of Printing®,iGen3®, FreeFlow, and Smarter Document Management™ are trademarks or service marks of XEROX CORPORATION in the US and/or other countries.DocuColor® is a licensed trademark of Xerox Corporation08/05