SOURCE: Konica Minolta Business Solutions U.S.A., Inc.

Konica Minolta Business Solutions U.S.A., Inc.

January 06, 2011 19:00 ET

Konica Minolta Acquires All Covered, Inc.

Acquisition Positions Konica Minolta as a Leading Managed IT Services Provider

RAMSEY, NJ--(Marketwire - January 6, 2011) -   Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leading provider of advanced imaging and networking technologies for the desktop to the print shop, today announced the company has acquired All Covered, Inc. (All Covered), a leading provider of Managed IT Services to the small- and medium-size business (SMB) market. A nationwide technology services organization, All Covered delivers a diverse range of services including proactive server management, remote monitoring, cloud computing, on-site network support and consulting through their 22 offices across the United States.

The All Covered acquisition will build upon Konica Minolta's current Managed IT Services offerings and allow Konica Minolta to extend the reach of solutions and services it can offer its customers. As a result, customers will be able to count on a single source for a broad range of products and services -- ranging from industry-leading MFP products, comprehensive workflow solutions to Optimized Print Services and Managed IT Services, all while delivering exceptional value and support.

"Konica Minolta's acquisition of All Covered will further enhance our ability to deliver sophisticated solutions to our customer base and accelerate the expansion of our IT services business," said Rick Taylor, Senior Executive Vice President and Chief Operating Officer, Konica Minolta Business Solutions U.S.A., Inc. "By integrating the scalable business model of All Covered with our extensive sales and service footprint, we intend to deliver unmatched value to our end users and channel partners."

"We are thrilled to become a part of the Konica Minolta Family," said Todd Croteau, President, All Covered, Inc. "This move will allow us to continue to pursue our growth strategy and expand the range of services offered, benefiting both customers and employees of All Covered."

"As the printing and imaging industry continues the transformation toward a more services-led model, it is imperative for market players to integrate more IT-related services as part of a comprehensive product/services package," said Keith Kmetz, Vice President of IDC Hardcopy Solutions programs. "Konica Minolta's forward-thinking move to acquire All Covered gives the company instant legitimacy in providing customers with a wide range of the necessary IT services/support offerings, along with an already well-established roster of printing and imaging solutions. The combination puts Konica Minolta in a solid position to capitalize on this market's transformation."

As a result of this transaction, All Covered will be a wholly owned subsidiary of Konica Minolta Business Solutions U.S.A., Inc. All Covered will continue to deliver exceptional support for its customer base while expanding its services to Konica Minolta customers.

About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc. is a leader in advanced imaging and networking technologies for the desktop to the print shop. For the third consecutive year, Konica Minolta was recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys. For more information, please visit www.CountOnKonicaMinolta.com and follow Konica Minolta on Facebook, YouTube, and Twitter.

About All Covered
All Covered is the nation's leading IT services company serving small- to medium-sized businesses. For over 12 years, All Covered has been helping businesses across all verticals with their IT support needs. All Covered has local offices in 22 cities with more than 250 engineers, and is fully certified in all major technologies. Across the US, more businesses trust All Covered for their IT support than any other company.

Konica Minolta is a registered trademark of Konica Minolta Holdings, Inc. All other trademarks mentioned in this document are the property of their respective owners.