DocuSource Announces Acquisition of West Coast Business Supply (West Coast)

SANTA FE SPRINGS, Calif., Dec. 16, 2005 – Les Walker, CEO of DocuSource, announced today that the Company has acquired West Coast Business Supply (West Coast), a distributor of office equipment and supply products.

DocuSource, based in Santa Fe Springs and West Los Angeles, is one of the largest independent document management companies in California. In addition to electronic document management systems, the Company provides the latest technology in office equipment. West Coast, located in Irvine, Calif., pioneered the "Unrestricted Technology" philosophy in six southern California counties.

The acquisition expands DocuSource’s product and service offerings, adding the Panasonic and Hewlett-Packard solutions, as well as added expertise in building a complete print management offering.

"Between West Coast and DocuSource, we have more than 20 years of proven experience in the document management industry, where mass adoption by middle market companies is just beginning to take off," Walker said. "By adding West Coast expertise to our own proven track record, DocuSource is furthering its commitment to deliver Best of Class end-to-end electronic document management solutions to our customers."

He added, "As businesses are migrating from paper to electronic document management, they are realizing the need for a turnkey system that integrates both proven hardware and software solutions."

West Coast founder Todd Iger said, "Together, our newly combined operation offers more selection, and we can create a customized solution for every customer."

Iger, as well as members of his sales, technical and administrative team, have joined DocuSource as part of the acquisition arrangement, to ensure quality, consistency and service continuity. Iger will serve as Senior Vice President.

"We have worked closely with DocuSource to ensure West Coast customers will not be negatively impacted," Iger said. "In fact, we are extremely excited about how our customers can benefit from an increased DMS (document management solutions) offering combined with DocuSource’s focus on being the ‘Best in Class’ in providing integrated input and output equipment."

Founded in 1990, DocuSource provides complete document management solutions, including workflow analysis and imaging hardware, such as scanners, digital copiers and printers; fax and optical image-capturing devices and electronic document management software; and legacy system integration, hardware maintenance, supplies, and technical support services.

The company has been recognized nationally for its exceptional growth as one of Inc. Magazine’s "500 Fastest Growing Private Companies," Ernst & Young’s "Entrepreneur of the Year-Finalist," Los Angeles Business Journal’s "100 Fastest Growing Private Companies," and Office Magazine’s "Elite Dealer Award."

DocuSource serves middle market businesses in the legal, entertainment, education, financial services, public accounting, real estate, distribution and manufacturing segments.

Founded in the early 1990s, West Coast pioneered the "Unrestricted Technology" philosophy. West Coast is an authorized reseller of Panasonic and Hewlett-Packard products. In addition, WCBS services all makes and brands of copiers, printers and facsimile equipment and provides the related supplies. Many of West Coast customers maintain a mix of product brands and benefit by consolidating its requirements with one vendor. West Coast serves many different industries throughout southern California and maintains a unique industry expertise with Home Builders.

Company contact: Lisa Yamamoto, DocuSource, 10450 Pioneer Ave., Suite 1, Santa Fe Springs, Calif. 90670. Phone: (562) 447-2637.