Ricoh released this joint press release with LRS.

RICOH CORPORATION ALIGNS WITH LEVI, RAY & SHOUP TO HELP STREAMLINE OUTPUT MANAGEMENT

[West Caldwell, NJ, May 18, 2005] - Ricoh Corporation, the leading provider of digital office equipment, announced today that Levi, Ray & Shoup, Inc. (LRS), a marketplace leader in enterprise output management, has joined Ricoh's Alliance Program. Together, Ricoh and LRS provide cost effective, turnkey solutions to handle the output management requirements for a customer's printing environment.

Many enterprises have multiple platforms from which documents originate, posing challenges and security risks when delivering such documents to a variety of internal and external users. Established in 1981, LRS provides industry-leading software for capturing documents from multiple platforms, managing them, and delivering them to diverse network destinations quickly, efficiently, and securely.

LRS? Output Management solutions, which work on z/OS, UNIX, Linux, and Windows operating systems, provide Ricoh customers' with an affordable, single-vendor solution to handle their output management requirements. These solutions reduce costs and increase flexibility, enabling companies to route output from legacy and open systems applications to Ricoh production and distributed multifunction printers.

"By welcoming Levi, Ray & Shoup as a Ricoh Alliance Member, Ricoh continues to bolster its Alliance Program and service offerings," said Wayne Mize, vice president of solutions marketing division for Ricoh Corporation. He added, "Ricoh looks forward to working with LRS as our relationship will open the door to new customers who are seeking a single source solution for managing their company's document and information production and distribution."

A wide variety of Ricoh printers and multifunction products (MFPs) are compatible with the LRS solutions using VTAM Printer Support (VPS) or VPSX. Developed to deliver legacy and open systems output to printers across the enterprise, VPS and VPSX software have evolved into solutions that help customers mange document delivery to a wide variety of destinations throughout an organization. The software manages and delivers output to Ricoh devices, converting legacy data into the format that enables Ricoh devices to meet customer requirements. These solutions transmit print data via TCP/IP using bi-directional communication between Ricoh devices and the LRS software to provide assured delivery and unequalled management for print operations.

LRS software can deliver documents to printers, fax servers, email addresses, Web browsers, and many other destinations. Its full collection of optional features enable assured document delivery and automatic recovery from printer errors to help administrators manage their fleet more efficiently while providing increased customer satisfaction. Additionally, a rich set of data stream transforms and printer definition keywords provide flexible management and control, and the ability to select the most cost effective destination.

Ricoh's Alliance Program encourages leading software companies, content management systems integrators, and consulting companies to work together with Ricoh to provide innovative and effective software, digital imaging and content/document management solutions for the business community. There are two divisions within the Alliance Program, the Strategic Alliance Program and the Technology Alliance Program.

LRS has joined the Technology Alliance Program, which is comprised of third party software companies who specialize in niche solution offerings that complement Ricoh's hardware and software technologies. To learn more about Ricoh's Alliance Program and LRS, please visit www.ricoh-usa.com.

About LRS

Levi, Ray & Shoup, Inc. (LRS) is a privately held company whose corporate headquarters are located in Springfield, Illinois. Remote offices are located throughout the United States and in key geographic regions around the world. Ninety five percent of the Fortune 100 and a majority of the Fortune 500 companies rely on industry-leading LRS solutions, with products in use in over 30 countries. Gartner and other analyst groups recognize LRS as a global IT leader. Software Magazine consistently ranks LRS as one of the top 200 software companies in the world. For more information about LRS, visit www.VPS.com.

About Ricoh Corporation

Ricoh Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 69-year-old leading supplier of office automation equipment and electronics, with fiscal year 2003 sales in excess of $17.1 billion.

Ricoh Corporation is a leading provider of document solutions. Ricoh's fully integrated hardware and software products help businesses share information efficiently and effectively by enabling customers to control the input, management and output of documents. Ricoh's line of document management devices include, color and black & white digital imaging systems, facsimile products, printers, scanners, digital duplicators and wide format engineering systems. Additionally, Ricoh offers a wide variety of document and printing solutions directly and through strategic alliances enhancing office productivity and document workflow. Ricoh's document management software enhances workgroup collaboration and offers secure storage, retrieval and sharing of critical information.

Ricoh Corporation directly or through its subsidiaries markets and distributes products in North, Central and South America. For fiscal year 2003, Ricoh Corporation sales exceeded $2.8 billion.

Information about Ricoh's complete range of products and services can be accessed on the World Wide Web at www.ricoh-usa.com.

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LRS is a registered trademark of Levi, Ray & Shoup, Inc. and VPSX is a trademark of Levi, Ray & Shoup, Inc. All other brand and product names are trademarks or service marks of their respective holders.

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