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Westchester Advises Danka's U.S. TechSource Operation -- Assists in completion of Image One transaction announced December 14, 2004

SAN DIEGO - December 14, 2004 - Westchester Associates LLC (www.westchesterusa.com) today announced that it has acted as the M&A Advisor to Danka Business Systems PLC (www.danka.com) in Danka's recent acquisition of Image One Corporation, a highly regarded printer services company with operations in Michigan and Ohio and annualized revenues of approximately $6 million.

Paul Gange, Danka TechSource Executive Vice President stated, "we value the expertise and service Westchester has brought to our business development process".

About Westchester Associates

Westchester Associates are specialists in technology mergers and acquisitions (M&A) services. We represent and advise Sellers and Buyers in M&A projects in the UK, Europe and the USA, with specific focus in software and service businesses.   

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 largest 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 at www.danka.com.