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News release

RICOH TEAMS WITH EQUITRAC TO ADDRESS STATE-OF-THE-ART DOCUMENT TRACKING AND MONITORING NEEDS


West Caldwell, NJ, March 4, 2008 - Ricoh Americas Corporation and Equitrac Corporation today announced that Ricoh will begin distributing the award-winning Equitrac Office® and Equitrac Express® print tracking and cost management solutions with the latest release of Ricoh Print Copy & Control (PCC) version 3.1 throughout its entire distribution channel. Equitrac is the world leader in print tracking, print management and cost recovery solutions.

Ideal for the enterprise, general office and education markets, this solution allows companies to track and mange printing costs within their organizations. PCC 3.1 has the ability to track faxing and scanning whereby after logging-in, users can see their account balances on the MFP display. This is extremely valuable to departments in the education markets, where budgets are closely monitored. PCC 3.1 calms security concerns by creating a protected environment where only authenticated users can release their documents using a PIN code, user ID/password or an identification card.

The upgraded PCC version easily integrates with Equitrac Office and Equitrac Express software solutions to offer several enhancements to help organizations manage authentication and control, while at the same time tracking users and allocating costs in a secure environment for Ricoh multifunction products (MFPs). In addition, PCC 3.1 features an off-line mode where MFPs can still operate when connection to the server is interrupted, and is able to synch back to the server as soon as the connection is restored, saving users valuable time.

“Like Ricoh, we understand our customers’ needs and believe that PCC 3.1 with Equitrac Office and Equitrac Express will exceed their expectations,” said Michael Rich, CEO, Equitrac Corporation. “We are happy that Ricoh is providing this solution through their distribution channel and look forward to continuing to work with them to introduce superior products to the marketplace.”

PCC 3.1 supports Equitrac’s new USB card readers, which require no external power and are automatically detected upon MFP start-up. To further promote ease of use, PCC 3.1 includes a new function that allows users to self-manage their PIN codes and self-register their cards. For improved storage, the Print & Save functionality enables users to print documents as usual, but also keeps a copy of it on the server, allowing access to the document at a later date. An additional enhancement that increases document security is Equitrac’s Follow-You Printing, which allows users to print documents to another device if there are several jobs already in the queue, in an effort to increase productivity.

“We are happy to provide Print Copy & Control version 3.1 with Equitrac Office and Equitrac Express through our dealer channel,” said Hede Nonaka, executive vice president, Document Solutions and Services Division, Ricoh Americas Corporation. “Our customers frequently ask for solutions to help them monitor and track expenses, and through our continued partnership with Equitrac we address this growing need.”

For more information about Print Copy & Control 3.1 and all other Ricoh products and software solutions, visit www.ricoh-usa.com.

About Equitrac
Equitrac Corporation is the world leader in intelligent cost recovery and print management solutions. Backed by an unmatched R&D program and the largest team of cost-recovery experts in the world, Equitrac enjoys preferred technology partnerships with the world's leading providers of hardware and software solutions for the office environment. From the Fortune Global 100 to college campuses, within the AMLAW 200 and in municipalities across the globe, Equitrac solutions are at work helping organizations recover costs, reduce waste, increase returns and maximize efficiency in printers, copiers and multifunction devices. For more information visit www.equitrac.com.


About Ricoh’s Document Solutions & Services Division
The Document Solutions & Services Division (DSSD) of Ricoh Americas Corporation is leading the industry with a portfolio of software solutions that transform paper documents into information that easily integrates into existing business workflows to measurably improve document workflow efficiencies. DSSD is committed to creating new “document-centric” customer value that will revolutionize how individuals and businesses use digital and paper-based information.

DSSD offers a complete package of products, services and support programs to all of our channels, comprising of direct and indirect operations under the Ricoh, Savin, and Lanier brands.

Ricoh Americas Corporation, founded in 1962, is headquartered in West Caldwell, N.J., and is a subsidiary of Ricoh Company Ltd., the 72-year old leading supplier of office automation equipment.

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All referenced product names are the trademarks of their respective companies.


Contacts:Linda MontefuscoLaura Bower
Ricoh Americas Corporation
973-882-2172212-931-6127
linda.montefusco@ricoh-usa.comlbower@peppercom.com
 

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