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New Xerox DocuMate Scanner Delivers More Bang for the Buck; 50 Percent Faster and Great for ID Card Scanning

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Pleasanton, Calif., May 05, 2008  -- Xerox Corporation (NYSE: XRX) today announced a new color sheetfed scanner that is 50 percent faster than similarly priced competitive products, small enough to fit on a desktop, optimized to scan ID cards and includes ultrasonic double-feed detection technology. The latest generation in this award-winning scanning series, the Xerox DocuMate™ 262i scans at 76 images per minute and lists for $1,195. The DocuMate 262i is designed for desktop use in any office where scanning plastic ID cards, business cards, documents or other heavy card stock is necessary. It incorporates a new, patent-pending front-feed tray that not only increases ID card scanning efficiency in healthcare and financial services applications but also reduces roller wear by up to 60 percent over competing brands, resulting in lower total cost of ownership. The DocuMate 262i also includes ultrasonic double-feed detection technology that will alert the user if double feeding of originals occurs during scanning. This technology prevents lost images and enables paper of different weights or thickness to be scanned quickly and reliably. continue reading...

Gramm-Leach-Bliley, Document Management and Compliance

The ScanGuru has an article about Gramm-Leach-Bliley and how it relates to Document Management  and Compliance. If you are looking to integrate an electronic document management solution into your organization, this is definitely a law that you must understand. It was put into place for the banking industry, but may have some implications in the way you do business. continue reading...

Incubating Inside Xerox Labs: Innovation that Benefits the Workplace, Healthcare, and the Environment

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PALO ALTO, Calif., April 29, 2008  -- From adding intelligence and automation to documents to breaking new frontiers in clean tech and biomedical domains, Xerox Corporation (NYSE: XRX) and its global innovation partners today lifted the curtain on a diverse set of innovative projects being nurtured in laboratories around the world.

"Our mission is to deliver innovations that solve the problems our customers face today while creating visionary technologies for tomorrow and beyond," said Sophie Vandebroek, Xerox chief technology officer and president of the Xerox Innovation Group. "Technology touches our lives in major ways and is core to sustainable global growth. Scientists and engineers at Xerox are inspired by the significant impact their work will continue to have on our customers and our company and on society." continue reading...

Xerox Raises $1.4 Billion Through Senior Notes Offerings

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NORWALK, Conn., April 28, 2008  -- Xerox Corporation (NYSE: XRX) closed today on a $400 million offering of senior unsecured notes due in 2013 bearing a fixed rate coupon of 5.65 percent, and a $1 billion offering of senior unsecured notes due in 2018 and bearing a fixed rate coupon of 6.35 percent.

Proceeds from the offerings will be used to repay the company's borrowings under its 2007 credit facility and for general corporate purposes. The offering follows last week's investment grade credit rating upgrade from Standard and Poor's Rating Services from BBB- to BBB.

Xerox and Stora Enso Deliver First-of-its-Kind Digital Printing Solution for Packaging; Cuts Time-to-Market From Weeks to Days

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ROCHESTER, N.Y., April 25, 2008 - Xerox Corporation (NYSE: XRX) is bringing its digital expertise to the pharmaceutical packaging market to help print providers and packaging converters deliver personalized cartons and other packages in short-runs that lead to quicker time-to-market and more profits.

According to industry consultancy Pira International, the worldwide digital print market for packaging was $580.7 million in 2005 and is expected to reach $6 billion by 2015. The digital print market for the pharmaceutical segment is expected to grow to $1.34 billion by 2015. continue reading...