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Toshiba Business Solutions Completes Two Dealer Acquisitions in Key Dallas Market

12 Jun, 2007

Toshiba Business Solutions Completes Two Dealer Acquisitions in Key Dallas Market

IRVINE, CA  – Toshiba Business Solutions (TBS) has announced the acquisition of two Dallas-headquartered dealerships – Best Image Solutions (BIS) and Digital Solutions Inc. (DSI). The two companies will be combined with Toshiba Business Solutions Texas/New Mexico’s (TBS-TX/NM) existing business, further growing TBS’ nationwide network of wholly owned subsidiary operations. These acquisitions are the third and fourth Texas-based dealer acquisitions in the past 12 months for TBS-TX/NM (Office Communications Systems Inc.), which was acquired in March 2003.

“Joining Best Image Solutions and Digital Solutions Inc. with TBS-Texas/New Mexico is integral to the ongoing reach and success of our company. Their existing customer base and the market opportunity of each dealership will help not only to expand our coverage throughout the state, but also increase Toshiba’s market share in this key marketplace,” said Jim Magness, president, TBS-TX/NM. “What’s equally important is the quality of their management and staff. We’re looking forward to a very smooth integration as both dealerships, their employees and their programs fit very well within the TBS family.”

Well known for providing exceptional customer service, each dealership is headquartered in Dallas, with DSI having an additional facility in Fort Worth, Texas and BIS offering a location in Denison, Texas, all of which will remain open and operational. Former BIS and DSI owner and Chief Executive Officer Peter Rivera will be retiring upon completion of the acquisition. His son, former co-owner and President David Rivera, will remain with the company, serving as general manager of the Dallas/Forth Worth market for TBS-TX/NM.

“Peter is a true pioneer in the office equipment industry, and he established not just one, but two profitable and very well managed dealerships,” said Wayne Wilkinson, vice president/general manager, TBS. “Toshiba is very fortunate to be joining together with such an outstanding group of professionals, and we look forward to continued growth and success in the Dallas/Fort Worth market through these acquisitions.”

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