Services Management Joint Venture Established
for the Integration of Mission-Critical
and Document Management Systems
--Providing one-stop solutions
for data entry, storage, management, monitoring and inquiries
May 30, 2005
| Fuji Xerox Co., Ltd. and CAC Corporation
have concluded an agreement to form CrossForce Co., Ltd.,
a joint venture that will integrate the strengths of the two
organizations in providing solutions related to document management
and mission-critical operations, respectively. The primary
aim of the endeavor is to develop an outsourcing business
that can provide customers with an all-inclusive services
menu. The venture company, which will be a consolidated subsidiary
of Fuji Xerox, will be responsible for managing all the new
services. Operations will commence in July of this year.
|
| CrossForce will combine and strengthen
Fuji Xerox's longstanding capabilities in document management
services with CAC's expertise in information systems management
services. In essence, the new company will be in charge of
managing the high-value-added document outsourcing businesses
of both companies. |
|
|
Management services
for electronic documents and others, plus design and implementation
of system operations. |
|
|
Proxy operation of management
services for electronic documents, and others. |
|
|
-
|
Operation, management and maintenance of
information systems |
| |
-
|
Handling of customer inquiries via a call
center |
|
|
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|
Digitization (input) and storage of documents
|
| Overview of CrossForce Co., Ltd. |
| Registered Address |
: |
2-17-22 Akasaka, Minato-ku, Tokyo |
| Headquarters |
: |
Kanagawa Science Park, 3-2-1 Sakado, Takatsu-ku,
Kawasaki City, Kanagawa Prefecture (planned) |
| Representative |
: |
Katsumasa Hirazawa, president |
| Date of Establishment |
: |
June 7, 2005 |
| Operations |
: |
From July 2005 (planned) |
| Capital |
: |
50 million yen |
| Employees |
: |
13 (at time of establishment) |
| Fiscal Closing |
: |
March 31 |
| Investment Ratio |
: |
Fuji Xerox Co., Ltd. 66.6%
CAC Corporation
33.4% |
| Relationship Between Investing Companies |
| Both Fuji Xerox and CAC are contracted
by customers to provide solutions and services and accordingly,
design and create systems to optimize business operations.
CrossForce Co., Ltd. will manage all of these solutions and
services. |
| CrossForce will comprise primarily project
managers to test the validity of new services and provide
service-level maintenance. CAC will be contracted to handle
the operating side of the business by carrying out the services
for each customer to help promote the CrossForce business. |
|
