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Toshiba America Business Solutions Promotes Mark Mathews to President and CEO

Toshiba Appoints Junichi Kawasaki as Chairman of the Board (March 20, 2012)

IRVINE, CA -- (Marketwire) -- 03/20/12 -- Toshiba America Business Solutions, Inc. (http://business.toshiba.com) today announced the promotion of Mark Mathews as the company's new president and chief executive officer, effective April 1. Mathews, who currently serves as president and chief operating officer, will replace Matt Yamada, who was named chairman and chief executive officer in 2009.

Additionally, vice president of Toshiba TEC America, Junichi Kawasaki, will transition to the position of chairman of the board for Toshiba America Business Solutions.

In his new role, Mathews will continue overseeing the strategic direction and operations of the company's Electronic Imaging Division (EID) and Toshiba Business Solutions, a wholly-owned subsidiary corporation of Toshiba America Business Solutions that owns and operates a network of office equipment dealers throughout the United States and Latin America.

"Mark Mathews will ensure that Toshiba America Business Solutions stays the course and continues leading the marketplace as a MFP innovator and managed document services provider," said Matt Yamada, chairman and chief executive officer of Toshiba America Business Solutions, Inc. "With the addition of Mr. Kawasaki as the new chairman to the executive management team, Toshiba is well positioned for continued growth and success."


Mathews served in various management roles within EID since joining Toshiba in 1993. With more than 20 years of experience in the industry, Mathews provides expertise on industry trends such as document management, output optimization, data and device security, and the integration of sophisticated software solutions for improving business workflow and productivity.

About Toshiba America Business Solutions, Inc.
Irvine, Calif.-based Toshiba America Business Solutions, Inc., (TABS) is an independent operating company of Toshiba Corporation, the world's eighth-largest electronics/electrical equipment company. TABS is a leading managed document services (MDS) provider with experts that help organizations take control of document security, workflow and print environments. With the award-winning Encompass™ managed print services (MPS) program, e-STUDIO™ line of multifunction printers (MFPs), toner products and retail information systems, TABS is leading the way for businesses to print smarter, work safer and conserve resources. For more information on Toshiba solutions and services available in the United States and Latin America, please visit www.business.toshiba.com.

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Media Contacts:
Sung Choi
DGWB
(714) 881-2345 office
(949) 422-7156 mobile
schoi@dgwb.com

Tina Brunel
Toshiba America Business Solutions, Inc.
(949) 462-6092
tina.brunel@tabs.toshiba.com


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