Visioneer Signs Strategic Marketing and Sales Agreement with Optical Laser; Optical Laser To Focus On Developing Sub-$1000 Business Scanner Segment With Visioneer.

Business Editors/High-Tech Writers

PLEASANTON, Calif.--(BUSINESS WIRE)--March 24, 2003

Visioneer, Inc., a leader in intelligent imaging solutions, today announced that it has signed a distribution agreement with Optical Laser. Under the terms of the agreement, Optical Laser will offer its VAR and system integrator customers the Visioneer business scanner product line, including the Visioneer 9650i, Visioneer 9650 LaserFiche Intuition, and Visioneer 9450 LaserFiche Intuition.

"Optical Laser has been very successful in marketing departmental and production imaging solutions to value added resellers. Our new relationship provides valuable synergy between two organizations to increase both companies 'reach' to VARs," said Murray L. Dennis, president and CEO of Visioneer. "Visioneer is creating a strong scanner product family at the low-end document imaging solutions space and Optical Laser is extending its breadth of content management solutions."

"Optical Laser continues to put a serious focus into the document imaging solutions space," said Arsenio Batoy, president of Optical Laser. "Visioneer's distributed scanner solutions complement Optical Laser's existing product offering by providing a unique opportunity to sell sophisticated, scalable solutions under $1000."

Full-Featured Business Document Solutions

All three scanners offer departments and workgroups uncompromising quality, reliability and flexibility. They deliver clean color, grayscale and monochrome images attaining an efficient 8 pages (9450 model) and 12 pages (9650 model) per minute (ppm) using 200 dpi scan setting.