Toshiba America Business Solution’s latest line of e-STUDIO color multifunction products (MFP) are being honored by three independent consulting firms.

The e-STUDIO series is a line of mid- to high-speed color copiers, developed for multi-user offices and mid-volume printing environments that desire high-quality color printing at speeds of 23, 28, 35 and 45 pages-per-minute, respectively.

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An old copy machine at the Homer City borough office has turned out to be rather expensive.

The machine, which is no longer the borough's main copier, will cost $3,300 to purchase after a settlement was reached with a leasing company that never came to get the copier after the lease expired.

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With banks turning off the spigots, Hewlett-Packard Co. is getting used to playing a bigger role as financier to smaller tech companies scrambling for cash to buy its products.

As the turmoil in the capital markets continues and the uncertainty of recession looms, a growing number of technology titans are finding their own internal leasing and financing programs are in hot demand.

"We're one of only a couple of players in the industry that actually owns and writes our own paper," said Geoff Kereluik, vice-president of marketing for HP Canada Co. "That gives us a tremendous amount of latitude in terms of how much risk we ultimately want to take on. ... We expect that there will be a greater uptake in our various leasing offerings."

But for every company like HP that finds itself in the enviable position of having both cash on hand and the ability to offer vendor financing, there are many others that wish they were in a position to take advantage of the opportunities being presented by the tight credit markets.

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Xerox Corp. put out its first fully-automatic, plain-paper copier, the Xerox 914, in 1960.

And for the Emmy Award-winning AMC series Mad Men, about the Madison Avenue advertising world in the 1960s, the company released another one, lending one of the old machines to the production company behind the show.

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In recent months there has been a much talked about change in the economic climate. Data from the photocopier industry can be useful for investigating which industries have been affected b­y looking at which businesses are making more photocopier enquiries and which are making less, it can indicate the businesses that seem to be expanding a­nd doing wel­l and the industries that seem to have been affected negatively.

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The administration of former Detroit Mayor Kwame Kilpatrick and the Detroit City Council gave a $10 million photocopier contract to a former Democratic state House colleague of Kilpatrick's who is not authorized to sell or service the copiers involved, city records and interviews show.

Today, Councilman Kwame Kenyatta will ask Mayor Kenneth Cockrel Jr. and the City Council to rescind the contract awarded last June to Olive Delivery Service LLC, owned by former state Rep. Ken Daniels, D-Detroit.

"We've got a lot of cleaning up to do," after the resignation of Kilpatrick following his guilty plea to felony obstruction of justice charges, Kenyatta said in an interview Wednesday.

"This was a bogus contract from the very beginning, to help your friends out."

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The Middlesex County register of probate has been suspended from his position after he was allegedly caught stealing thousands of dollars from copy and cash machines.

John Buonomo, 56, was videotaped by state police going to the cash machine inside the office of deeds, opening a box with a key he was not supposed to have and taking out cash, prosecutors said.

Officials said that it happened 18 times during a three-month period. Witnesses said that Buonomo came in on days he was not working.

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An office supplies dealer has been charged with using bogus copier leases to scam area businesses and nonprofits.

Scott Arthur Waddell, 49, of 8012 Llewellyn Court in Raleigh, was charged with eight counts each of forgery and obtaining property by false pretense. He was being held Wednesday in the Wake County Jail under a $1.25 million bond.

Waddell ran two companies, Modern Office Solutions and PST Consultants, and sold copy machines and other office supplies to businesses for years.

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Japan's Canon Inc posted a 12 percent fall in quarterly profit on Thursday, hit by weaker monochrome copier demand and a firm yen versus the dollar, but the camera and office equipment maker kept its full-year outlook that exceeds market expectations.

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Attorney Gen. Troy King announced that an Auburn man has been convicted and will pay a total of approximately $94,000 in restitution for thefts committed in a scheme to steal copy machines from victims throughout Alabama.

Stanley Boone, 45, of Auburn pleaded guilty in the Circuit Courts of Chambers and Randolph counties, and pleaded guilty on April 17 in Montgomery County Circuit Court. Victims include a church, a funeral home and a trucking company.

"This defendant admits that he engaged in a pattern of alleged thefts across our state from victims that include churches, a funeral home and a trucking company, and now will return the money that was stolen from them," said King.

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