Loffler Companies Continues Its Growth with Addition of New Toshiba Copier Division

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Office technology leader to become Toshiba Authorized Dealer

As a Toshiba authorized dealer, we add the tremendous research and development and manufacturing expertise of one of the world’s largest corporations with our strong local customer-focused presence.

Loffler Companies today announced that it is expanding its client offerings by providing Toshiba copier solutions with the establishment of its new Toshiba Division of Loffler Companies.

“As a Toshiba authorized dealer, we add the tremendous research and development and manufacturing expertise of one of the world’s largest corporations with our strong local customer-focused presence. Clients have told us they appreciate our leadership in the community in offering quality technology and services choices as a “one stop shop” for their entire copier, managed print services, on-site managed services, IT services, telephone system and integration needs.” says Jim Loffler, CEO and President of Loffler Companies.

“We are thrilled to have Loffler Companies join the Toshiba family. In doing our due diligence, it is clear that Loffler is the clear market leader at providing and supporting quality copier solutions. We look forward to their success with the Toshiba line of copiers.” commented Jim R. Van De Veire, Director of Sales, Midwest Region of Toshiba America Business Solutions.

Loffler Companies has recognized the top tier technology and support of Toshiba. This summer, a record-breaking 650 professionals attended Toshiba America Business Solutions Inc.'s (TABS) 2011 National Dealer Meeting and End-User Conference themed "Fast Forward" at the Cosmopolitan Hotel in Las Vegas. During the conference, Toshiba unveiled twenty new solutions-ready color and monochrome products with groundbreaking security and green features, as well as several new cloud printing, mobility and service solutions. Attendees also had the opportunity to engage in informative breakout sessions with practical information targeted specifically to either dealers or end-users, covering managed document services (MDS), mobility, cloud computing and security.

Chief Executive Officer Masahiro "Matt" Yamada opened the general session with an overall business update. He noted that profits have returned to pre-recession levels. In addition, Toshiba's MDS business has experienced 78 percent year-over-year growth, accounting for approximately twelve percent of the company's total revenue.

"We are continuing to invest heavily in our MDS programs, cloud printing and security software and products, with a services-led strategy focused on selling business outcomes, capturing pages and emphasizing color sales," said Mark Mathews, president and COO, TABS, who followed Mr. Yamada's presentation. "The first quarter of fiscal year 2011 has delivered 15 percent year-over-year unit growth and 6.9 percent year-over-year revenue growth. In fact, March was our best sales month in over four years. With the new products, solutions and service offerings we have launching this year, I'm confident our dealers will continue to succeed and prosper."

The Toshiba Division of Loffler Companies will operate as a standalone business unit and will be headquartered in Bloomington, MN. It will be led by veteran Loffler sales manager, David Viljaste.

Loffler Companies was recognized as one of the Fastest Growing Privately Held Companies in America by Inc. 500 Magazine for the fourth year in a row last week. In addition to the new Toshiba line, Loffler Companies provides integrated office technology and services partnered with leading brands such as Canon, Konica Minolta, HP, Microsoft, NEC, and ShoreTel. Its offerings include multifunctional copiers, printers, managed print services, IP telephone systems, IT managed services, document management, dictation, call recorders, and on-site managed FM services.

About Toshiba America Business Solutions Inc.
Toshiba America Business Solutions Inc. (TABS) is an independent operating company of Toshiba Corporation, the seventh largest electronics/electrical equipment company in the world. Headquartered in Irvine, CA, TABS is a leading provider of managed print and professional services (MPS and PS), and manages product planning, marketing, sales, service, support and distribution of copiers, facsimiles, multifunction printing products, network controllers, and toner products throughout the United States, Mexico, Central and South America and the Caribbean.

Named the most favored manufacturer eight times by the Business Technology Association (BTA), Toshiba’s entire product line, customer support and marketing distribution policies are markers for the industry. Among the many other awards garnered in recent years, Toshiba was named the “Manufacturer of the Year” seven times by Marketing Research Consultants (MRC), and has twice been named to the CIO 100 for being among the top 100 “bold” (2005) and “agile” (2004) companies in the world.

TABS is an independent operating company of Toshiba Corporation, the seventh largest electronics/electrical equipment company and the world's 91st largest company in terms of sales.

About Loffler Companies
Founded in 1986 by Jim Loffler, Loffler Companies provides office technology and services to improve a client’s productivity and bottom line results. Today, Loffler has 285 employees supporting clients in Minnesota and Western Wisconsin that are local, national, and international in scope. Loffler is recognized by multiple partners as one of the top 15 office technology and services dealers in the country. For more information about Loffler Companies and how it can help your organization succeed, you may contact John Hastings, Vice President of Sales at 952-925-6860 or visit http://www.loffler.com.

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