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The newly established DIC will have both educational and research functions. Full-time and part-time faculty, full-time technical staff, and students will conduct research in a collaborative environment. The following proposed research projects are under consideration by Ricoh:

•IT applications and workflow in an Indian business environment •User interfaces for business devices •Design preferences in India and similar markets •Innovative new applications for Ricoh products in emerging markets

In addition, three representatives from the Ricoh Group will be invited to join the center's Advisory Committee. The committee will consist of academics from various disciplines who will review progress and the direction of research.

"There is an opportunity for innovative breakthrough when industry and researchers from a variety of disciplines come together to solve problems," stated Dr. Nikhil Balram, President and CEO of RII. "The Design and Innovation Centre is groundbreaking in India for its holistic approach to the whole process of creating new products and services, with an eye toward advanced design."

New solutions adopted in an emerging market may also yield innovations in advanced countries, a trend known as reverse innovation. Ricoh continues to aggressively promote Open Innovation in India with these mid-and long-term goals in mind.

About Ricoh

Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in more than 200 countries and regions. In the financial year ending March 2012, Ricoh Group had worldwide sales of 1,903 billion yen (approx. 23 billion USD).

The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.

Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees.

For further information, please visit
www.ricoh.com/about/



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