Exhibit 99


                IKON OFFICE SOLUTIONS APPOINTS NEW CEO MATT ESPE
                              TO BOARD OF DIRECTORS

Valley Forge, Pennsylvania - September 25, 2002 - IKON Office Solutions (NYSE:
IKN) today announced that the Company's recently appointed President and Chief
Executive Officer, Matthew Espe, has been elected a member of the Company's
Board of Directors.

"Matt's participation as a member of the Board is integral to the effective
management of IKON, as he assumes leadership of the Company," said James J.
Forese, Chairman of IKON Office Solutions. "Matt's strong business experience
and background in global markets and his solid achievements in integrating
businesses, enabling e-commerce solutions and targeting and marketing new
products and services, will be invaluable to IKON's Board."

Mr. Espe, 44, was appointed President and Chief Executive Officer of IKON on
August 29, 2002. He was most recently President and Chief Executive Officer of
GE Lighting, a $3 billion business with 35,000 employees and 55 manufacturing
facilities across North America and around the world. He brings to IKON more
than 20 years experience in distribution, sales and marketing and a proven track
record for building and leading businesses on a global scale, while increasing
revenue and profitability. As indicated in the Company's plan for a smooth
transition to new leadership, previously announced in March 2002, James J.
Forese will remain as Chairman of the Board of Directors until the Company's
next annual meeting in February 2003.

IKON Office Solutions is one of the world's leading providers of products and
services that help businesses communicate. IKON provides customers with total
business solutions for every office, production and outsourcing need, including
copiers and printers, color solutions, distributed printing, facilities
management, imaging and legal document solutions, as well as network design and
consulting, and e-business development. IOS Capital, LLC, a wholly-owned
subsidiary of IKON, provides lease financing to customers and is one of the
largest captive finance companies in North America. With Fiscal 2001 revenues of
$5.3 billion, IKON has approximately 600 locations worldwide including the
United States, Canada, Mexico, the United Kingdom, France, Germany, Ireland and
Denmark.

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