Why Xerox

Xerox Mission Statement

Our strategic intent is to help people find better ways to do great work -- by constantly leading in document technologies, products and services that improve our customers' work processes and business results.

Xerox Values

Since our inception, we have operated under the guidance of six core values:

We succeed through satisfied customers.
We deliver quality and excellence in all we do.
We require premium return on assets.
We use technology to develop market leadership.
We value and empower our employees.
We behave responsibly as a corporate citizen.

Headquarters
800 Long Ridge Road
Stamford, Conn. 06904

Founded 1906

Rochester, N.Y., as The Haloid Company; named Xerox Corporation in 1961.

Business

Xerox Corporation is a technology and services enterprise that helps businesses deploy smarter document management strategies and find better ways to work. It offers an array of innovative document solutions, services and systems -- including color and black-and-white printers, digital presses, multifunction devices and digital copiers -- designed for offices and production-printing environments. It also offers associated supplies, software and support.

2005 Revenue

$15.7 billion

2005 Income

$978 million

2005 Earnings Per Share

$0.94 per share

2005 Commitment to Research, Development and Engineering

$943 million, or about 6 percent of revenue

Employees

As of year-end 2005: 55,200 worldwide, including 29,700 in the United States.

Xerox on the Web

www.xerox.com