Canon No. 1 in U.S. Color Laser Copier Market Share
Company Tops in Market Share  for 14th Consecutive Year

March 12, 2001

LAKE SUCCESS, N.Y.

Canon U.S.A., Inc., a subsidiary of Canon Inc. (NYSE: CAJ) and market leader in color imaging solutions, announced today that it has again achieved the number one position in total U.S. color laser copier market share for 2000. The ranking represents the final results of market research completed by Dataquest Inc., a unit of Gartner Inc., one of the world's leading IT market research and consulting firms.

The top U.S. color laser copier position marks Canon's 14th consecutive year as number one, with 15,940 unit shipments and 35% share in 2000, according to Dataquest.

"Despite increasing competition and a number of new entrants in the color market, Canon continued its leadership position, and we are very proud to claim the top spot once again," said Mason Olds, director and general manager, Graphics Systems Division at Canon U.S.A. "Since 1987 when we introduced the first CLC, to today, more customers have chosen Canon color laser than any other manufacturer on an annual basis."

Growth in the color laser copier market was 19% overall in 2000 over 1999, from 38,580 to 45,868 units total, according to Dataquest. Canon's growth in color exceeded the market at 20% for 2000 over 1999, fueled by the CLC 1100 series, the industry's first 11 page-per-minute color laser copier/printer, and production level CLC 1000, 2400, and 3100 models.

"Throughout 2001, we expect to continue our success with new products such as the Color imageRUNNER C2050 and CLC 5000, which, with their high price/performance ratio should compliment our existing CLC lineup in taking additional market share from our competition," added Olds.

Dataquest Inc., a unit of Gartner Inc., is the recognized leader in providing the high-technology and financial communities with market intelligence for the semiconductor, computer systems and peripherals, communications, document management, software, and services sectors of the global information technology industry. Gartner Inc., the world's premier business technology advisor, was founded in 1979 and is headquartered in Stamford, Connecticut. Gartner provides unrivaled thought leadership for more than 9,600 client organizations worldwide.

Canon U.S.A., Inc. is an industry leader in professional and consumer imaging solutions and, through its parent company, Canon Inc. (NYSE:CAJ), is a top patent-holder of imaging technologies. The company's comprehensive product line includes networked multifunction devices; digital and analog copiers (color and black and white); printers, scanners, image filing systems, and facsimile machines; camcorders, cameras and lenses; and semiconductor, broadcast and medical equipment. Canon employs 12,000 people at more than 30 facilities throughout North, Central and South America and the Caribbean.

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