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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) [__]
THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
Global Imaging Systems, Inc.
(Exact name of obligor as specified in its charter)
Delaware 59-3247752
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
American Photocopy Equipment Company of Pittsburgh, LLC
d/b/a Amcom Office Systems
(Exact name of obligor as specified in its charter)
Delaware 25-1333970
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Arizona Office Technologies, Inc.
(Exact name of obligor as specified in its charter)
Arizona 86-0641398
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
AVPresentations, Inc.
(Exact name of obligor as specified in its charter)
Georgia 58-2349704
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Berney Office Solutions, LLC
(Exact name of obligor as specified in its charter)
Alabama 63-0872797
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Business Equipment Unlimited
(Exact name of obligor as specified in its charter)
Maine 01-0332262
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Cameron Office Products, LLC
(Exact name of obligor as specified in its charter)
Massachusetts 04-2943281
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Capitol Office Solutions, LLC
(Exact name of obligor as specified in its charter)
Delaware 52-1058303
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Carr Business Systems, Inc.
(Exact name of obligor as specified in its charter)
New York 11-2382276
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Centre Business Products, Inc.
(Exact name of obligor as specified in its charter)
Pennsylvania 25-1402615
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Column Office Equipment, Inc.
(Exact name of obligor as specified in its charter)
Illinois 36-3710965
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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Commercial Equipment Company
(Exact name of obligor as specified in its charter)
Michigan 38-1557417
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Connecticut Business Systems, LLC
(Exact name of obligor as specified in its charter)
Delaware 06-1164954
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Conway Office Products, LLC
(Exact name of obligor as specified in its charter)
New Hampshire 02-0326832
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Copy Service and Supply, Inc.
(Exact name of obligor as specified in its charter)
North Carolina 56-1405771
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Daniel Communications, Inc.
(Exact name of obligor as specified in its charter)
Alabama 63-0957776
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Distinctive Business Products, Inc.
(Exact name of obligor as specified in its charter)
Illinois 36-3206780
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Duplicating Specialties, Inc. d/b/a Copytronix
(Exact name of obligor as specified in its charter)
Oregon 93-0557407
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Eastern Copy Products, LLC
(Exact name of obligor as specified in its charter)
New York 16-1060031
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
ecom-division, Inc.
(Exact name of obligor as specified in its charter)
Virginia 54-1973509
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Electronic Systems, Inc.
(Exact name of obligor as specified in its charter)
Virginia 54-1145980
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Electronic Systems of Richmond, Inc.
(Exact name of obligor as specified in its charter)
Virginia 54-1221626
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Global Imaging Finance Company, LLC
(Exact name of obligor as specified in its charter)
Delaware 59-3423296
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Global Imaging Operations, LLC
(Exact name of obligor as specified in its charter)
Delaware 04-3340313
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Global Operations Texas, L.P.
(Exact name of obligor as specified in its charter)
Texas 58-2481442
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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Lewan & Associates, Inc.
(Exact name of obligor as specified in its charter)
Colorado 84-0623459
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Modern Business Machines, LLC
(Exact name of obligor as specified in its charter)
Alabama 63-0916730
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
N&L Enterprises, LLC
(Exact name of obligor as specified in its charter)
Alabama 63-0668814
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Northeast Copier System, LLC
(Exact name of obligor as specified in its charter)
Massachusetts 04-2979231
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Office Tech, LLC
(Exact name of obligor as specified in its charter)
New Jersey 22-3030935
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Pacific Office Solutions, Inc. d/b/a Advance Business Systems
(Exact name of obligor as specified in its charter)
California 33-0488301
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
ProView, Inc.
(Exact name of obligor as specified in its charter)
North Carolina 56-1879665
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Quality Business Systems, Inc.
(Exact name of obligor as specified in its charter)
Washington 91-1332069
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Southern Business Communications, Inc.
(Exact name of obligor as specified in its charter)
Georgia 58-1428621
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
3820 Northdale Boulevard, Suite 200A
Tampa, Florida 33624
(Address of principal executive offices) (Zip code)
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4% Convertible Senior Subordinated Notes due 2008
(Title of the indenture securities)
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1. General information. Furnish the following information as to the Trustee:
(a) Name and address of each examining or supervising authority to which it
is subject.
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Name Address
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Superintendent of Banks of 2 Rector Street, New York,
the State of New York N.Y. 10006, and Albany, N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York,
N.Y. 10045
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, New York 10005
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
2. Affiliations with Obligor.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
None.
16. List of Exhibits.
Exhibits identified in parentheses below, on file with the Commission, are
incorporated herein by reference as an exhibit hereto, pursuant to Rule
7a-29 under the Trust Indenture Act of 1939 (the "Act") and 17 C.F.R.
229.10(d).
1. A copy of the Organization Certificate of The Bank of New York (formerly
Irving Trust Company) as now in effect, which contains the authority to
commence business and a grant of powers to exercise corporate trust
powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with
Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed
with Registration Statement No. 33-21672 and Exhibit 1 to Form T-1 filed
with Registration Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1
filed with Registration Statement No. 33-31019.)
6. The consent of the Trustee required by Section 321(b) of the Act.
(Exhibit 6 to Form T-1 filed with Registration Statement No. 33-44051.)
7. A copy of the latest report of condition of the Trustee published
pursuant to law or to the requirements of its supervising or examining
authority.
SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New York,
a corporation organized and existing under the laws of the State of New York,
has duly caused this statement of eligibility to be signed on its behalf by the
undersigned, thereunto duly authorized, all in The City of New York, and State
of New York, on the 5/th/ day of August, 2003.
THE BANK OF NEW YORK
By: /s/ ROBERT A. MASSIMILLO
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Name: ROBERT A. MASSIMILLO
Title: VICE PRESIDENT
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EXHIBIT 7
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Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business March 31, 2003,
published in accordance with a call made by the Federal Reserve Bank of this
District pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts
ASSETS In Thousands
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin ......................................... $ 4,389,492
Interest-bearing balances .................................................................. 3,288,212
Securities:
Held-to-maturity securities ................................................................ 654,763
Available-for-sale securities .............................................................. 17,626,360
Federal funds sold in domestic offices ........................................................ 1,759,600
Securities purchased under agreements to resell ............................................... 911,600
Loans and lease financing receivables:
Loans and leases held for sale ............................................................. 724,074
Loans and leases, net of unearned
income ................................................................................... 32,368,718
LESS: Allowance for loan and
lease losses ............................................................................. 826,505
Loans and leases, net of unearned
income and allowance ..................................................................... 31,542,213
Trading Assets ................................................................................ 7,527,662
Premises and fixed assets (including capitalized
leases) .................................................................................... 825,706
Other real estate owned ....................................................................... 164
Investments in unconsolidated subsidiaries and
associated companies ....................................................................... 260,940
Customers' liability to this bank on acceptances
outstanding ................................................................................ 225,935
Intangible assets
Goodwill ................................................................................... 2,027,675
Other intangible assets .................................................................... 75,330
Other assets .................................................................................. 4,843,295
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Total assets ......................................................... $76,683,021
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LIABILITIES
Deposits:
In domestic offices ............................................... $33,212,852
Noninterest-bearing ............................................... 12,997,086
Interest-bearing .................................................. 20,215,766
In foreign offices, Edge and Agreement
subsidiaries, and IBFs .......................................... 24,210,507
Noninterest-bearing ............................................... 595,520
Interest-bearing .................................................. 23,614,987
Federal funds purchased in domestic
offices ............................................................ 375,322
Securities sold under agreements to repurchase ....................... 246,755
Trading liabilities .................................................. 2,335,466
Other borrowed money:
(includes mortgage indebtedness and obligations
under capitalized leases) ......................................... 959,997
Bank's liability on acceptances executed and
outstanding ....................................................... 227,253
Subordinated notes and debentures .................................... 2,090,000
Other liabilities .................................................... 5,716,796
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Total liabilities .................................................... $69,374,948
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Minority interest in consolidated
subsidiaries ...................................................... 540,772
EQUITY CAPITAL
Perpetual preferred stock and related
surplus ........................................................... 0
Common stock ......................................................... 1,135,284
Surplus .............................................................. 1,056,295
Retained earnings .................................................... 4,463,720
Accumulated other comprehensive income ............................... (112,002)
Other equity capital components ...................................... 0
Total equity capital ................................................. 6,767,301
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Total liabilities minority interest and equity capital ............... $76,683,021
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I, Thomas J. Mastro, Senior Vice President and Comptroller of the
above-named bank do hereby declare that this Report of Condition is true and
correct to the best of my knowledge and belief.
Thomas J. Mastro,
Senior Vice President and Comptroller
We, the undersigned directors, attest to the correctness of this
statement of resources and liabilities. We declare that it has been examined by
us, and to the best of our knowledge and belief has been prepared in conformance
with the instructions and is true and correct.
Thomas A. Renyi
Gerald L. Hassell
Alan R. Griffith Directors