[September 12, 2012]

Xerox Signs $153 Million Contract with Schneider Electric to Manage IT Infrastructure Capabilities

Global energy innovator Schneider Electric selected Xerox (NYSE:XRX) to modernize its IT infrastructure as part of a seven-year, $153 million agreement.

Xerox will modernize the company's North American IT infrastructure operations by first consolidating its data centers and managing them with cost-effective, state-of-the-art automated processes that respond to the fluctuating market demands of the energy sector. Xerox also will assume responsibility for running the company's help desk, which Schneider employees rely on to trouble-shoot daily issues with their computers, including assisting remote employees who use mobile devices.

"Xerox proved to us that they understood our needs of not only modernizing our IT infrastructure but also consolidating, centralizing and becoming more virtual," said Herve Coureil, chief information officer, Schneider Electric (News - Alert). "We expect the introduction of significant disruptive technologies that make us more agile and productive as a result of this agreement as well as a greener, more sustainable IT platform, which is important to our business and walking the talk in energy management."

By choosing Xerox to enhance its IT operations, Schneider can continue to focus on meeting emerging energy trends by taking advantage of the latest, disruptive technologies, said Kevin Kyser, chief operations officer of Xerox's IT outsourcing group.

"Schneider Electric is simplifying its internal IT operations as it continues to lead in the evolving energy industry," said Kyser. "We will help them pave the way to cloud computing. This transition will allow Xerox to introduce new technologies as well as standardized processes in centralized locations."

About Xerox

With sales approaching $23 billion, Xerox (NYSE: XRX) is the world's leading enterprise for business process and document management. Its technology, expertise and services enable workplaces - from small businesses to large global enterprises - to simpify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.

About Schneider Electric

As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructures, Industries & Machine Manufacturers, Non-residential Buildings, Data Centers & Networks and Residential. Focused on making energy safe, reliable, efficient, productive and green, the company's 130,000 plus employees achieved sales of about 31 billion US dollars (22.4 billion euros) in 2011, through an active commitment to help individuals and organizations make the most of their energy.
http://www.schneider electric.com/us

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