Visual Edge Technology Completes Acquisition of Axion Business Technologies Inc., June 30, 2016

North Canton, Ohio —Visual Edge Technology, Inc.has completed the acquisition of Axion Business Technologies, Inc., one of the leading independent document management/IT Officesolutions dealers in the U.S.

Axion Business Technologies, Inc. provides sales and service of Konica, Toshiba, Okidata, and HP multifunctional products, assorted office solution software, managed print services, and IT solutions. The Axion Business Technologies, Inc. acquisition will give Visual Edge increased coverage across the entire Greater Boston Metro area and Rhode Island. This will allow for even greater expansion through acquisitions into other New England States.

Robert Ferland CEO & Owner of Axion Business Technologies, Inc. stated, “In a rapidly consolidating industry, it is extremely important for us to operate from a stronger competitive position, while remaining an independent business within the Visual Edge Office and IT Solutions family.”

Axion Business Technologies Inc. has been serving the Greater Boston Metro/Providence, RI for the past 12 years thru (7) seven acquisitions of local Office Solutions Businesses.Mr. Ferlandand his senior management teamwill continue in their current capacity in leading the company. Axion Business Technologies, Inc. is headquartered in Cranston, RI with branch locations in Worcester, New Bedford, and West Yarmouth MA.

Visual EdgeChairman and CEO, Austin Vanchieri related, “Axion Business Technologies, Inc. is made up of high quality, dedicated professionals. This key acquisition of Axion Business Technologies, Inc. will strengthen our market position across the Greater Boston Metro area, Worcester, Rhode Island, and the Northeast. Axion Business Technologies, Inc. enables us to focus on continuing to providing high quality document services and IT Solutions to the small, mid-size, and major account business community.”

About Visual Edge Technology
Visual Edge Technology, a family of Imaging Solutions Companies, incorporates a strategy of operating through established dealerships across the U.S. focused on providing a broad line of office solutions including the sale and service of automated multifunction products, wide format solutions, manage print services, document management software, network management services, and IT solutions. Visual Edge sells products supplied by Konica Minolta, Canon, Kyocera, XEROX, Sharp, Toshiba, Samsung, Lexmark, HP, Okidata, and Muratec. Through its acquisition strategy, Visual Edge will continue to identify successful companies that focus on providing simple solutions to complex challenges.

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