EX-99.1
2
dex991.htm
PRESS RELEASE
Press Release
Exhibit 99.1
For Immediate Release
Danka Announces Completion of Sale of Australian Business Unit
ST. PETERSBURG, FLORIDA (August 31, 2006)
- Danka Business Systems PLC (NASDAQ: DANKY) today announced that it has completed the sale of its Australian subsidiary, Danka Australasia, PTY Limited to Onesource Group Limited, for a purchase price of U.S. $12.9 million in cash ($17 million
in Australian dollars).
About Danka
Danka delivers
value to clients worldwide by using its expert technical and professional services to implement effective document information solutions. As one of the leading independent providers of enterprise imaging systems and services, the company enables
choice, convenience, and continuity. Danka's vision is to empower customers to benefit fully from the convergence of image and document technologies in a connected environment. This approach will strengthen the company's client
relationships and expand its strategic value. For more information, visit Danka's web site at www.danka.com.
# # #
Contacts:
Danka St. Petersburg - Cheley Howes, 727-622-2760
Danka London - Paul G. Dumond, 44-207-605-0150
Certain statements contained in this press release, including statements related to Danka's future business
and financial performance, are forward-looking. Such statements reflect the current views of Danka with respect to future events and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially
from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward looking statements, which reflect management's analysis only as of the date they are made.
Danka is a registered trademark and Danka @ the Desktop is a trademark of Danka Business Systems PLC. All other trademarks are the property of their respective owners.

EX - 99 . 1 2 dex991 . htm PRESS RELEASE Press Release Exhibit 99 . 1 For Immediate Release Danka Announces Completion of Sale of Australian Business Unit ST . PETERSBURG , FLORIDA ( August 31 , 2006 ) - Danka Business Systems PLC ( NASDAQ : DANKY ) today announced that it has completed the sale of its Australian subsidiary , Danka Australasia , PTY Limited to Onesource Group Limited , for a purchase price of U . S . $ 12.9 million in cash ( $ 17 million in Australian dollars ) . About Danka Danka delivers value to clients worldwide by using its expert technical and professional services to implement effective document information solutions . As one of the leading independent providers of enterprise imaging systems and services , the company enables choice , convenience , and continuity . Danka 's vision is to empower customers to benefit fully from the convergence of image and document technologies in a connected environment . This approach will strengthen the company 's client relationships and expand its strategic value . For more information , visit Danka 's web site at www.danka.com . # # # Contacts : Danka St. Petersburg - Cheley Howes , 727 - 622 - 2760 Danka London - Paul G . Dumond , 44 - 207 - 605 - 0150 Certain statements contained in this press release , including statements related to Danka 's future business and financial performance , are forward - looking . Such statements reflect the current views of Danka with respect to future events and are subject to certain risks , uncertainties and assumptions that could cause actual results to differ materially from those reflected in the forward - looking statements . Readers are cautioned not to place undue reliance on these forward looking statements , which reflect management 's analysis only as of the date they are made . Danka is a registered trademark and Danka @ the Desktop is a trademark of Danka Business Systems PLC . All other trademarks are the property of their respective owners .