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TABS Names Toshifumi Matsumoto Chairman and CEO; Names Mathews New President/COO

5 Feb, 2008

TABS Names Toshifumi Matsumoto Chairman and CEO; Names Mathews New President/COO

IRVINE, CA (February 1, 2008) – Toshiba America Business Solutions Inc. (TABS) today announced that Toshifumi Matsumoto has been appointed chairman and chief executive officer (CEO) at TABS, effective immediately. In his new role, Matsumoto will oversee TABS’ strategic direction. Mark Mathews, previously serving as vice president and general manager of TABS’ Electronic Imaging Division, has moved into the position of president and chief operating officer for TABS, effective today.

Before being appointed chairman and CEO of TABS, Matsumoto held various positions at Toshiba in Japan as well as in the U.S. He served as TABS’ senior vice president of Strategic Business Planning from March 2003 to May 2006, and most recently was the chief marketing executive at Toshiba TEC Corporation in Japan, overseeing global sales and marketing for Toshiba’s worldwide MFP business. Matsumoto began working at the company in 1981.

Mathews is a 17-year industry veteran who first joined Toshiba’s MFP business in 1993. In addition to his work experience at TABS, Mathews offers a deep knowledge and understanding of industry trends, such as the increasing market demand for digital, networked and multifunction products (MFPs), and the growing popularity of document management and software bundling with MFPs.

Today’s executive appointments are the result of TABS’ planned management restructuring, designed to best position the company to be increasingly innovative and agile in the market for even greater growth and success in the future.

“Toshiba has made these business-enhancing changes to the company’s management structure to best position TABS for continued growth moving forward,” said Mathews. “We are confident and excited about the future opportunities this new structure will allow.”

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