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Canon grows share of colour MFD market following successful launch of imageRUNNER ADVANCE

LONDON, September 27, 2010 – Canon, world-leader in imaging solutions, has grown its share of the Western European colour multi-functional device (MFD) market in H1 2010 thanks to the success of imageRUNNER ADVANCE. The impact of Canon’s next generation multi-functional device (MFD) platform also contributed to Canon being named as a leader within Gartner’s 2010 Magic Quadrant for MFPs and Printers report.

Independent research undertaken by analyst house InfoSource has found that Canon nearly doubled its share of the office mid MFD segment* over the last year, growing from 14% in H1 2009 to 25.6% in H1 2010, and taking number one spot within the segment. This growth comes as a result of strong sales of the imageRUNNER ADVANCE C5000 series**. Canon Europe also grew its share of the office high segment***, ending H1 2010 with a quarter share of this market segment (25.3%).

Matthew Wrighton, European Office & Light Production Marketing Manager, Canon Europe says, ‚Since its launch in October 2009, sales of our flagship imageRUNNER ADVANCE platform have met our high expectations with more than 30,000 units sold to date. Cost, productivity, security and the environment are the primary issues facing businesses today. imageRUNNER ADVANCE is an innovative platform that addresses these customer needs, and has been directly responsible for our growing share of Western Europe’s colour MFD market.‛

Canon has also been named in the Leader Quadrant within leading industry analyst firm Gartner’s 2010 Magic Quadrant for MFPs and Printers report.**** Leaders are found to be ‚the most capable in providing MFPs (including smart multi-functional printers), printers and the associated printing solutions and services.‛ In addition, leaders also ‚have a proven track record of channelling R&D initiatives into products and solutions that customers need.‛

‚Canon developed this groundbreaking platform by speaking to customers and partners and through our long-standing commitment to innovation,‛ says Matthew Wrighton. ‚To be recognised by Gartner as a leader for our innovative technology and to see the impact of imageRUNNER ADVANCE in sales and market share is a terrific endorsement for Canon.‛

The launch imageRUNNER ADVANCE signalled a completely new range of office and light production MFDs from Canon. It will continue to be Canon’s business MFD platform, with new products further strengthening Canon’s market-leading position.

*        Segment 4 (30-49ppm A3), Gartner, Inc. 2010 Magic Quadrant for MFPs and Printers report, July 2010
**      Segment inclusive of Canon imageRUNNER ADVANCE C5030 – C5045 series
***    Segment 5 (50ppm+ A3), Gartner, Inc. 2010 Magic Quadrant for MFPs and Printers report, July 2010
****  Gartner, Inc. 2010 Magic Quadrant for MFPs and Printers report, July 2010

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