LEXMARK SELECTED TO SUPPORT MISSION OF THE U.S. AIR FORCE
LEXINGTON, KY. –04/25/2008
Lexmark International, Inc. (NYSE: LXK) has received an award from the U.S. Air Force in the form of a five-year, blanket purchase agreement to provide laser printers, multifunction products (MFPs), consumables, services and support. The contract, awarded as part of a strategic sourcing initiative, is expected to reduce the Air Force’s total output-related costs by more than $40 million, helping to recapitalize its aircraft fleet.
“We are proud to be selected by the U.S. Air Force to help support its mission,” said Marty Canning, Lexmark vice president and president of its Printing Solutions and Services Division. “Our years of experience with many federal agencies give us great confidence that Lexmark’s products, solutions and services will also be extremely valuable to the Air Force. We look forward to helping the Air Force assess its printing and imaging requirements, significantly reduce costs, increase the security of its environment, and simplify the maintenance and management of its assets around the world.”
Following a rigorous competitive review, Lexmark was selected because of its thorough approach to total cost of ownership, its worldwide service and support capabilities and its comprehensive set of product security features verified by the National Information Assurance Partnership, including Common Access Card (CAC) authentication, encryption and hard disk wiping capabilities, which will help the Air Force keep its information secure. The contract identifies Lexmark products in 11 specific output categories, including six network laser printers and five MFP types, in addition to accessories, services, maintenance and consumables.
For more information about Lexmark's industry-specific products, solutions and services, visit www.lexmark.com/solutions.
Lexmark International, Inc. (NYSE: LXK) provides businesses of all sizes with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2008, Lexmark sold products in more than 150 countries and reported $4.5 billion in revenue. Learn how Lexmark can help you get more done at www.lexmark.com.
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this release which are not historical facts are forward-looking and involve risks and uncertainties, including, but not limited to, weak economic conditions, aggressive pricing from competitors and resellers, inability to be successful in the higher-usage segments of the inkjet market, the financial failure or loss of business with a key customer or reseller including loss of retail shelf placements, disruptions at important points of exit and entry and distribution centers, market acceptance of new products and pricing programs, periodic variations affecting revenue and profitability, the inability to meet customer product requirements on a cost competitive basis, failure to execute planned cost reduction measures, entrance into the market of additional competitors focused on printing solutions, increased investment to support product development and marketing, inability to perform under managed print services contracts, decreased supplies consumption, increased competition in the aftermarket supplies business, failure to successfully outsource the infrastructure support of information technology systems, failure to manage inventory levels or production capacity, unforeseen cost impacts as a result of new legislation, fees on the company’s products or litigation costs required to protect the company’s rights, inability to obtain and protect the company’s intellectual property and defend against claims of infringement and/or anticompetitive conduct, reliance on international production facilities, manufacturing partners and certain key suppliers, changes in a country’s political or economic conditions, conflicts among sales channels, the failure of information technology systems, changes in the company’s tax provisions or tax liabilities, business disruptions, currency fluctuations, terrorist acts, acts of war or other political conflicts, or the outbreak of a communicable disease, and other risks described in the company’s Securities and Exchange Commission filings. The company undertakes no obligation to update any forward-looking statement.
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