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Xerox’s Global Imaging Systems Acquires Laser Resources; Expands Presence in Central Iowa

Purchase advances Xerox strategy to expand sales channels with more multi-brand office solutions dealers.

Xerox’s Global Imaging Systems Acquires Laser Resources; Expands Presence in Central Iowa

DES MOINES, Iowa, March 1, 2017 – Global Imaging Systems (GIS), A Xerox Company, has acquired Laser Resources, a Grimes, Iowa-based multi-brand dealer that delivers printing systems and managed services solutions to organizations throughout the state. Laser Resources provides production printing systems, multifunction devices, mailing solutions, professional services, managed print services and document management services.

President and CEO Bob Lashier will remain company president. He has worked in the industry for more than 30 years and was one of the founders of Laser Resources in 1991. “Our ability to sell the Xerox product line through our partnership with GIS will allow us to reach new heights with our printing solutions, maintenance services, and technical support offerings,” said Lashier. “Best of all, it increases our ability to exceed customer expectations throughout Iowa and its borders.”

Co-owner Andy Lashier will remain executive vice president. He began his career with Laser Resources 20 years ago, taking a leadership role in launching the company’s managed print services offerings.

The acquisition of Laser Resources strengthens GIS’ presence in the Des Moines and central Iowa markets while reinforcing the company’s strategy to expand its multi-brand sales channels.

“As a leading multi-brand dealer, Laser Resources expands our network of locally based companies who successfully provide end-users with industry leading technology and innovative services,” said Michael Pietrunti, senior vice president, Acquisitions, Corporate Services and Marketing, GIS.  “We’re joining forces with one of Iowa’s most respected and growing document solutions companies.”

Terms of the agreement were not disclosed.

About Global Imaging Systems

Global Imaging Systems, A Xerox Company, is made up of regional core companies in the United States that sell and service document management systems such as printers, copiers and multifunction devices; network integration services; and electronic presentation systems. As an office technology dealer, Global Imaging Systems sells products from various suppliers including Xerox. Xerox acquired Global Imaging Systems in 2007, and operates it as a wholly owned subsidiary within Xerox’s North America Operations.

About Xerox
Xerox Corporation is an $11 billion technology leader that innovates the way the world communicates, connects and works. Our expertise is more important than ever as customers of all sizes look to improve productivity, maximize profitability and increase satisfaction. We do this for small and mid-size businesses, large enterprises, governments, graphic communications providers, and for our partners who serve them.

We understand what’s at the heart of work – and all of the forms it can take. We embrace the increasingly complex world of paper and digital. Office and mobile. Personal and social. Every day across the globe – in more than 160 countries – our technology, software and people successfully navigate those intersections. We automate, personalize, package, analyze and secure information to keep our customers moving at an accelerated pace. For more information, visit www.xerox.com.

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 Media Contacts:

Bob Wagner, Xerox, 585-422-5721, robert.wagner@xerox.com

Samantha Dry, Text100 for Xerox, 585-697-2621, samantha.dry@text100.com

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