Industry Trends

In today’s global business marketplace, we are seeing a dramatic increase in the rate of change fueled by the Internet. Established business models and companies that once dominated an industry for decades are now realizing that they too must make changes or face continued loss of market share and profits. A fundamental change is occurring in the world economy.

So what does it all mean? It means a new direction is now reshaping both our personal and business worlds. Corporate America is focusing no longer just on print alone. The expectation of "value-added" services and support has become a reality.

Corporations and individuals are seeking partners who offer a wide assortment of document imaging solutions with all of the service and support required in connecting to a digital, networked world. Those companies that focus on servicing the needs of their customer base the most efficiently will be better positioned to respond to new opportunities as they arise in the twenty-first century. You will be comforted in knowing that Best Image Systems, Inc. is well positioned to meet the needs of our existing customer base as we continue to respond and develop new products and enhancements to meet even the most demanding of customers. Our digital multifunctional products are a perfect example of our customer responsiveness to current market conditions by re-establishing the benchmark of excellence within the copier industry.

Looking to the near future, industry analysts predict that by the year 2007, monochrome laser MFP sales in the 14-20 ppm segment will top 680,000 units – that’s a 15% CAGR for the period 2001-2007.

Additionally, during the same period unit sales of the 1-13 ppm segment are expected to drop 37% over the same period, being replaced by more robust 14- 20 ppm models (chart on next page). Best Image Systems, Inc. is ready for these changes in the market as we continue to bring new products to the market place.