EXHIBIT 99(a)(1)(K)
[GRAPHIC OMITTED]
PRESS INFORMATION
MINOLTA-QMS, Inc. o One Magnum Pass o Mobile, AL 36618
P.O. Box 81250 o Mobile, AL 36689-1250 o www.minolta-qms.com
CONTACT
Albert A. Butler o Chief Financial Officer
334.634.7739 o al.butler@minolta-qms.com
MINOLTA-QMS, INC. ANNOUNCES PLANS FOR MERGER WITH MINOLTA INVESTMENTS
COMPANY
Mobile, Ala.--Sept.13, 2000--Minolta-QMS, Inc. (NYSE:MQC) today announced that
it has reached an agreement with Minolta Co., Ltd. (Tokyo Stock Exchange:7753)
whereby Minolta Investments Company, its wholly owned subsidiary, will initiate
steps to acquire all of the remaining outstanding shares of Minolta-QMS, Inc. by
means of a tender offer and cash out merger. Both the tender offer price and the
merger price will be $6.00 per share in cash. This agreement was approved by a
special committee composed of independent directors formed for the purpose of
evaluating such a transaction. Minolta Investments Company currently owns
approximately 57% of Minolta-QMS, Inc. The consummation of the tender offer and
merger are contingent upon certain conditions which may or may not be satisfied.
Commenting on the merger, Edward Lucente, CEO and Chairman of Minolta-QMS
stated, "Over the last year, Minolta Co., Ltd. has been extremely supportive of
our market share strategy and our increased investments in new product
development. The Agreement, which is in the best interest of Minolta-QMS, calls
for the payment to our public stockholders of a substantial premium above the
recent market price of our shares."
MINOLTA-QMS, INC.
MINOLTA-QMS, Inc. is an innovative developer, manufacturer, and supplier of
document printing solutions, including color and monochrome laser printers, and
associated supplies and accessories for general office, electronic publishing,
graphic design, advanced imaging, and home office applications. MINOLTA-QMS, is
headquartered in Mobile, Alabama USA, and distributes products through a global
network of e-commerce, reseller, and distribution partners.
MINOLTA-QMS, Inc. is traded on the New York Stock Exchange under the symbol MQC.
EDITORS NOTE:
If your publication prints direct reader contact information, please use the
following:
Minolta-QMS, Inc.
One Magnum Pass
Mobile, AL 36618
(800) 523-2696 or (334) 633-4300
QMS Internet Address [http://www.minolta-qms.com]
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THIS NEWS RELEASE INCLUDES INFORMATION THAT MAY CONSTITUTE FORWARD-LOOKING
STATEMENTS MADE PURSUANT TO THE SAFE HARBOR PROVISIONS OF THE FEDERAL SECURITIES
LAWS. STATEMENTS MADE BY THE COMPANY'S MANAGEMENT WHICH ARE INTENDED TO BE
"FORWARD LOOKING STATEMENTS" WITHIN THE MEANING OF THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995 (WORDS AND PHRASES SUCH AS "EXPECT", "WILL
CONTINUE", "SHOULD", "IS ANTICIPATED", "ESTIMATE", "HOPE", "BELIEVE" OR
EXPRESSIONS OF A SIMILAR NATURE) DENOTE UNCERTAINTIES THAT COULD CAUSE ACTUAL
RESULTS TO DIFFER MATERIALLY FROM HISTORICAL RESULTS OR FROM THOSE RESULTS
PRESENTLY ANTICIPATED OR PROJECTED. ALTHOUGH QMS BELIEVES THE EXPECTATIONS
CONTAINED IN SUCH FORWARD-LOOKING STATEMENTS ARE REASONABLE, IT CAN GIVE NO
ASSURANCE THAT SUCH EXPECTATIONS WILL PROVE CORRECT. THIS INFORMATION IS SUBJECT
TO RISK AND UNCERTAINTIES SUCH AS THOSE RELATING TO CONDUCTING ACTIVITIES IN A
COMPETITIVE ENVIRONMENT AND A CHANGING INDUSTRY; DELAYS, DIFFICULTIES,
MANAGEMENT TRANSITIONS AND EMPLOYMENT ISSUES ASSOCIATED WITH CONSOLIDATION OF,
AND/OR CHANGES IN BUSINESS OPERATIONS; MANAGING THE INTEGRATION OF EXISTING AND
ACQUIRED COMPANIES; RISKS AND UNCERTAINTIES ASSOCIATED WITH EXISTING OR FUTURE
VENDOR RELATIONSHIPS AND GENERAL ECONOMIC CONDITIONS. MINOLTA-QMS WISHES TO
CAUTION READERS AND LISTENERS NOT TO PLACE UNDUE RELIANCE ON SUCH
FORWARD-LOOKING STATEMENTS.
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