DALLAS – The state of Illinois has turned to Xerox (NYSE: XRX) to support a program
that helps people in need make ends meet.
Under a five-year contract valued at $42 million with the option for a five-year
renewal, Xerox will provide the state with electronic benefit transfer (EBT) services
to distribute benefits for the Supplemental Nutrition Assistance Program (SNAP,
formerly known as food stamps), as well as cash assistance on a reloadable card.
The card can be used for approved purchases at authorized retailers and ATMs.
Xerox has supported Illinois’ program since 2003 as a subcontractor and is now
the prime contractor, processing transactions, managing interactions with retailers
and ATM networks, issuing EBT cards and providing customer support.
Xerox is a leader in EBT services, helping an estimated 20 million people in
16 states with programs that make it simpler for recipients to get cost-effective
and convenient access to their benefits.
“We see firsthand the challenges states face. We’re able to take that knowledge,
and design programs that fit the needs of states now and into the future,” said
Nancy Collins, group president, State Enterprise Solutions, Xerox. “For more than
15 years, EBT has been one of our many solutions designed to lower the cost of
government while improving the ease of use of people who depend on the states’
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading
enterprise for business process and document management. Its technology, expertise
and services enable workplaces – from small businesses to large global enterprises
– to simplify the way work gets done so they operate more effectively and focus
more on what matters most: their real business. Headquartered in Norwalk, Conn.,
Xerox offers business process outsourcing and IT outsourcing services, including
data processing, healthcare solutions, HR benefits management, finance support,
transportation solutions, and customer relationship management services for commercial
and government organizations worldwide. The company also provides extensive leading-edge
document technology, services, software and genuine Xerox supplies for graphic
communication and office printing environments of any size. The 140,000 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.realbusiness.com. For
investor information, visit http://www.xerox.com/investor