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CANNON IV SELECTS FMAUDIT PRINT MANAGEMENT SOFTWARE

CANNON IV AND FMAUDIT ARE LEADING PROVIDERS OF MANAGED PRINT SERVICES (MPS) AND TECHNOLOGY

INDIANAPOLIS, IN (August 27, 2009) – Cannon IV Inc., a leading provider of managed print services nationwide, has signed an agreement with FMAudit, headquartered in Jefferson City, Missouri, to license the FMAudit Central printer fleet management software. In 2004 in Indiana, Cannon IV developed and brought to market a comprehensive and flexible managed print services program and has since taken the program nationwide.

In order support the growing needs of Cannon IV’s expanding client base nationwide, Cannon IV is continuously in search of and evaluating best of breed technology to offer to its clients. After an extensive evaluation of a range of products, Cannon IV selected the FMAudit system built around the FMAudit Central® Server data repository.

“We have been a long time user of the FMAudit technology”, said Jim Fall, Cannon IV Vice President, “and we are convinced that the FMAudit organization is dedicated to bringing to market the best technology to support the needs of our rapidly growing national MPS program.”

“Over the last 4 years Cannon IV has been a valued customer, and we have recognized their innovation and success in the MPS space. We enjoy working with their dedicated team and look forward to the continued collaboration with the addition of FMAudit's Central Enterprise into Cannon IV's MPS program,” said Kevin Tetu, President and CEO, FMAudit, LLC.

About Cannon IV Inc.

Cannon IV, Inc., founded in 1974, is the leading independent provider of managed print services, and technology, with more than 3500 customers nationwide. Cannon IV integrates best-in-class systems from leading manufacturers, such as HP, Panasonic, Capella Technologies, PaperCut, Pharos Systems and MPI Technologies, to improve document workflow and increase efficiency. As an HP Office Printing Solution Elite, Graphics Elite Design and Public Sector Elite certified business partner, Cannon IV is dedicated to staying ahead of the ever-changing world of office technology. This has facilitated Cannon IV’s ability to provide innovative managed print services programs and an ever-expanding line of printers, multifunction printers, and related equipment and software applications. Cannon IV is headquartered in Indianapolis, Indiana, with a regional office in Columbus, Ohio and operations in Texas.

About FMAudit

FMAudit has a proven track record of innovation. Since 1998, key partners have been pioneering cutting-edge cost recovery solutions that helped define the managed print services industry. Today, the company has assembled a leading portfolio of remote meter reading and managed print services tools. Some of our innovations include Web-based data collection, local printer data collection, Supplies Triggered Marketing and Automated Supply fulfillment, as well as Total Cost of Ownership reporting.