Ricoh has announced the sale of Avanti Computer Systems Ltd. (Avanti), a Ricoh subsidiary offering Avanti Management Information System (MIS) for the printing industry in North America, to eProductivity Software, a global provider of production software technology for the packaging and print industries, headquartered in Pennsylvania, resolving and concluding Share Transfer Agreement. The impact of the business transfer on the company's results of operations is expected to be minimal.

Avanti print MIS solution centralizes and visualizes related information in printing and sales processes of commercial and in-house printing workflows. The solution enables customers to increase productivity and improve profit through management decision support. Linking with Ricoh's digital printers and print workflow solutions, Avanti has been implemented for commercial and in-house printing customers in the United States, Canada and the United Kingdom.

Given the growing demand for digital printing, a key business growth pillar of RICOH Graphic Communications Business Unit is to accelerate its customers' transition from offset to digital (O2D). This agreement further cements Ricoh's position as a global leader in color cut sheet printers and high-speed inkjet printers and enables both Ricoh and Print ePS, the print operating unit of eProductivity Software, to deliver more specialized services to customers in the printing industry. Upon careful consideration, Ricoh decided to move forward with the sale of MIS to Print ePS, to focus its management resources on Ricoh's signature print workflow solutions that are strongly compatible with digital print systems and accelerate business growth. Avanti customers will benefit from an expanded product portfolio by Print ePS, who brings rich industry expertise and product competitiveness.

"This deal strengthens our long-standing, existing partnership and provides a win-win for our customers," said Koji Miyao, president, Graphic Communications Business Unit, Ricoh. "Expanding Avanti's technology linkage with market-leading solutions through greater access to the Print ePS portfolio enables deeper integration into customer workflows, while Ricoh's increased focus on developing best-in-class production print solutions will further accelerate our customers' transition from offset to digital."

"The acquisition of Avanti enhances our ability to meet the growing demand for connected, automated and highly scalable print MIS platforms tailored to midmarket commercial printers," said Dan Vertachnik, CEO, Print ePS. "We look forward to our continued partnership with Ricoh and to supporting Avanti's customers with the same high level of service and professionalism they have come to expect."

In other news, PFU America, Inc., the U.S.-based subsidiary of PFU Ltd., has announced that its flagship RICOH fi-8950 high-speed production scanner was honored with a Gold Stevie Award in the Hardware — Peripheral category in the 2025 American Business Awards.

In its 23rd year, the Stevie American Business Awards are widely recognized as one of the premier business awards programs in the United States. More than 3,600 nominations were submitted this year across a range of industries and company sizes, and more than 250 professionals worldwide participated in the judging process to select this year's Stevie Award winners.

The RICOH fi-8950 is the newest addition to PFU America Inc.'s industry-leading fi Series document scanners, delivering secure, reliable and intelligent information capture for high-volume scanning environments. It features next-generation image processing, Clear Image Capture for accurate, complete and high-resolution scans, as well as advanced paper protection and seamless integration with business workflows. Ideal for enterprise, government, education, finance and health-care sectors, the fi-8950 supports growing demands for centralized and efficient document digitization.

"We are honored to receive this prestigious Gold Stevie Award recognizing the RICOH fi-8950," said Satoshi Kubo, president and CEO, PFU America Inc. "This award is a testament to our commitment to innovation and delivering scanning solutions that drive real business value. The fi-8950 was designed with our customers in mind, offering exceptional performance, ease of use and reliability for demanding document management environments."

"Organizations across the United States continue to demonstrate resilience and innovation," said Maggie Miller, president, Stevie Awards. "The 2025 Stevie winners have helped drive that success through their innovation, persistence and hard work. We congratulate all the winners in the 2025 ABAs."