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Exhibit 99(a)(11)
For immediate release
LANIER WORLDWIDE, INC. CLOSES SALE OF VOICE PRODUCTS BUSINESS
Atlanta, GA, U.S.A., December 22, 2000 -- Lanier Worldwide, Inc. (NYSE: LR)
announced today that it has closed the sale of its voice products business to
Platinum Equity, LLC. The closing of the sale of Lanier's voice products
business satisfies one of the conditions to the cash tender offer made by a
subsidiary of Ricoh Company, Ltd., for any and all shares of Lanier
Worldwide, Inc. common stock at a price of $3.00 per share. The tender offer
is scheduled to expire at midnight, New York City time, on January 8, 2001,
unless the tender offer is extended.
Lanier stockholders are advised to read Ricoh's tender offer statement
(including an offer to purchase, letter of transmittal, and related tender offer
documents) regarding its acquisition of Lanier and Lanier's related
solicitation/recommendation statement, both of which have been sent to Lanier
stockholders and filed with the SEC. The tender offer statement and the
solicitation/recommendation statement contain important information and should
be read carefully before any decision is made with respect to the tender offer.
These documents are available to all stockholders of Lanier at no expense to
them. These documents also are available at no charge at the SEC's web site,
WWW.SEC.GOV.
CONTACT: LANIER WORLDWIDE, INC.
Brad Nelson
Vice President, Investor Relations
770-621-1076
[email protected]
