About DiversiFax, Inc.

DiversiFax, Inc., through its subsidiaries, engages in the ownership, leasing, and operation of coin and debit card pay-per-copy photocopy machines, fax machines, microfilm reader-printers and accessory equipment. The company owns, supplies, and maintains self-service coin and card reader operated photocopy machines in colleges, universities, libraries, courthouses, government agencies, pharmacies and other retail establishments located in Florida, New York, and South Carolina. The company’s subsidiaries include IMSG Systems, Inc. (IMSG) and its affiliated companies, National Copy Corp. (National), Capital Copy Corp. (Capital) and Advanced Business Systems, Inc. (Advanced). Copiers The company, through its wholly owned subsidiaries IMSG and Affiliates, has been engaged in the business of owning, leasing, operating, and servicing coin and debit card pay-per-copy photocopiers and microfilm reader-printers (collectively the ‘Copiers’), card dispensers, laser printers and accessory equipment. The company operates its copiers in New York and Florida, in various sites including libraries, courthouses, colleges and similar high traffic outlets. The company has approximately 500 Copiers and accessories on site. Generally, it is responsible for the collection of payments from each site and, at most locations, site operators share in the revenues derived from the copy sales at their site. The company has the ability to service and repair its Copiers seven days a week. Users can pay per copy by inserting coins in the Copier or by using a debit access card, which the user may purchase at the site location. Products: The company's copiers consist of a photocopier or microfilm reader-printer with an adapter that allows the user to operate the Copier and pay for the copy by inserting coins or a debit access card. The users can purchase debit access cards at the site location. If coins are used, the Copier would return change in excess of the price of the copies. Support Services The company provides continuous preventative maintenance to its Copiers and related equipment based on manufacturer specifications. The company maintains service centers in Valley Stream (Long Island), New York, and Sarasota, Florida. The company uses the service centers to service regional accounts, including repairing machines and storing supplies and parts. The company may also service machines on site. Customers The company's Copier customers include public libraries located in New York City. Competition The company’s major competitor for its coin-operated services is Continental Copy Products Limited. History DiversiFax, Inc. was founded in 1969.

Country
Industry:
Industrial inorganic chemicals
Founded:
1989
IPO Date:
11/18/1992
ISIN Number:
I_US40251W3097
Address:
4274 Independence Court, Sarasota, Florida, 34234, United States
Phone Number
941-351-2720

Key Executives

CEO:
Data Unavailable
CFO
Data Unavailable
COO:
Data Unavailable