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Xerox Board Elects Vice Presidents of Corporation

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  Published in House and Home on Friday, October 15th 2010 at 5:05 GMT by Market Wire
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NORWALK, Conn.--([ BUSINESS WIRE ])--[ Xerox Corporation's ] (NYSE: XRX) board of directors yesterday elected Mark Costello, Mike Festa and Joe Mancini as vice presidents of the corporation.

[ Costello ], 53, is general patent counsel and chief strategy counsel. Costello is responsible for the management and protection of Xeroxa™s extensive patent and trademark portfolio. He also leads the corporationa™s legal strategy in a number of different areas, including Xeroxa™s joint venture with [ Fuji Xerox ].

Costello joined Xerox in 1985, and worked for several years with the Xerox research and development teams before being appointed general patent counsel in 2001.

[ Festa, ] 50, is director of Xerox Mergers & Acquisitions. Festa oversees Xeroxa™s acquisition investments, valuation analysis and negotiations and the companya™s intellectual property operations.

Festa has been with Xerox for 19 years and has held a variety of corporate, business group and operating finance assignments. His background and experience span Xeroxa™s domestic and international operations; most recently as the head of finance for [ Xerox Europe ].

Mancini, 52, is vice president of Xerox North America Finance, overseeing finance operations across the United States and Canada. He was appointed to this position in March.

Since joining Xerox in 1989, Mancini has held a number of finance positions including vice president of finance for the Xerox [ Office ] Group, and director of Corporate Financial Analysis. He was also the managing director for the company mergers and acquisitions operations and helped lead the acquisition of [ Affiliated Computer Services ] (ACS), which was the largest acquisition in Xeroxa™s history.

About Xerox

Xerox Corporation is a $22 billion leading global enterprise for business process and [ document management ]. Through its broad portfolio of technology and [ services ], Xerox provides the essential back-office support that clears the way for clients to focus on what they do best: their [ real business ]. Headquartered in Norwalk, Conn., Xerox provides leading-edge [ document technology ], services, software and [ genuine Xerox supplies ] for [ graphic communication ] and [ office printing environments ] of any size. Through ACS, A Xerox Company, which Xerox acquired in February 2010, Xerox also offers extensive [ business process outsourcing ] and [ IT outsourcing services ], including data processing, HR benefits management, finance support, and customer relationship management services for commercial and government organizations worldwide. The 130,000 people of Xerox serve clients in more than 160 countries. For more information, visit [ http://www.xerox.com ], [ http://news.xerox.com ] or [ http://www.acs-inc.com ]. For investor information, visit [ http://www.xerox.com/investor ].

Note: For open commentary, industry perspectives and views from events visit [ http://twitter.com/xeroxcorp ], [ http://twitter.com/xeroxoffice ], [ http://twitter.com/xeroxproduction ], [ http://twitter.com/servicesatxerox ], [ http://twitter.com/xeroxevents ], [ http://www.xerox.com/blogs ] or [ http://www.xerox.com/podcasts ].

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