UXBRIDGE Xerox will scan and image millions of documents for IBM and its customers under a worldwide agreement announced today. Xerox will serve as the preferred global imaging partner for IBM Managed Business Process Services (MBPS), a unit of IBM Global Technology Services.

IBM MBPS automates and standardises back-office functions in areas such as finance and accounting, human resources, customer relationship management, payroll and expense reporting. IBM will leverage Xerox's global document management services to give clients digital access to information currently stored in paper-based documents.

Efficiency gains include faster document search and access, improved quality control, and lower storage, overhead and inventory-related costs.

"This partnership will significantly improve service delivery, support continued client growth and reduce costs to keep us competitive," said Larry Huffman, vice president, Global Business Process Delivery for IBM MBPS. "Together our business process expertise will enable greater cost efficiencies and faster response times across clients' businesses."

Xerox operates scanning, imaging and repository centres around the globe, including the Netherlands, Spain, the UK, Brazil, North America, Japan and Romania.

"Sound document management is critical to improve efficiencies across the enterprise," said Stephen Cronin, president, Xerox Global Services. "Xerox's global imaging and document management services combined with IBM's business process outsourcing prowess is a powerful mix - giving clients a competitive advantage and measurable ROI."

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About Xerox UK

Xerox UK, the UK operation of Xerox Corporation, markets a comprehensive range of Xerox products, solutions and services, as well as associated supplies and software. Its offerings are focused on three main areas: offices from small to large, production print and graphic arts environments, and services that include consulting, systems design and management, and document outsourcing.

Xerox also has manufacturing and logistics operations in Ireland, the UK and the Netherlands, and a research and development facility (Xerox Research Centre Europe) in Grenoble, France. For more information visit, www.xerox.com

Xerox is a trademark of Xerox Corporation. All non-Xerox brands and product names are trademarks or registered trademarks of their respective companies. Prices, features, specifications, capabilities, appearance and availability of Xerox products and services are subject to change without notice. Media Contacts

Judith Schunke, Xerox Europe, T: +44 (0) 1895 842 877, judith.schunke@xerox.com

Philipp Haberland, Trimedia Ltd, T: +44 (0) 20 7025 7584, philipp.haberland@trimediauk.com

Judith Schunke, Xerox Europe, T: +44 (0) 1895 842 877email: judith.schunke@xerox.com Philipp Haberland, Trimedia Ltd, T: +44 (0) 20 7025 7584email: philipp.haberland@trimediauk.com