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NATIONAL BUSINESS EQUIPMENT N B E

470 Rodgers Rd. Camden

NJ 08104-0826 (201)568-1100

20 September 1998

Mr Daniel Taylor

Business Manager

Madison Tool and Die Company

3400 Veterans Boulevard

Camden NJ 08104

Dear Mr Taylor

While we were servicing your Pico 2500 copier last week, it occurred to me that you might be interested in purchasing a newer model that will give you state-of-the-art features to make your copying work more efficient and reliable. In the past three years since you purchased your 2500, copier technology has advanced tremendously, giving users many benefits at surprisingly low cost.

Knowing that you want the most reliable office equipment available, I am submitting for your consideration this proposal to supply Madison Tool and Die with our latest copier, the Pico 4000.

Advantages of the PICO 4000

With the Pico 4000, your cost per single copy will be reduced to only 1.5 cents, compared with approximately 5 cents per copy with your present machine. The following description of the main features of the Pico 4000 will show you its other advantages over your current copier.

Printing technology

The Pico 4000's dry toner capability and double-sided copying option will save you time and money. Your copies will never again be smudged because of liquid toner problems. In addition to the standard paper sizes - 8.5 x 11, 8.5 x 14, and 11 x 17 - the 4000 functions effectively with other paper sizes and shapes, including heavy weight sheet stock suitable for specifications and drawings.

Feeding/Sorting Capacity

The 4000 includes as standard equipment both an automatic feeder and an automatic sorter. These features can reduce the time spent on large copying jobs by as much as 50%.

Printing quality

The new Pico 4000 offers top-quality, high resolution reproduction. Since seeing is believing, I am enclosing a copy of this proposal made on the 4000 as well as a copy of a blueprint to show you how both copied documents look.

Size

The Pico 4000 measures 4' x 3' x 4', occupying one-quarter less space than your present copier. Once the machine is installed, you will find this extra space useful for your storage needs.

INSTALLATION, TRAINING, AND SERVICE

We will deliver and install your new Pico 4000 within one week of receiving your purchase order. The installation requires approximately forty-five minutes. Our local sales representative, Darlene Simpson, is available to instruct your employees in the operation and routine maintenance of the 4000. A phone call will set up a mutually convenient date. If a problem occurs, we offer customers our ‘hot-line’ service on business days from 8:00 a.m. to 5:00 p.m. We guarantee that a service representative will arrive at your office within three business hours from the time of your request.

COSTS

Below is the price of the Pico 4000 and appropriate initial supplies:

Pico 4000

$ 7295.00

Toner (tube)

18.00

Paper (500-sheet box of regular 8.5x11)

2.70

Service contract – optional ($780 per year, parts and labor included)

780.00

Total

$ 8095.70

The installation of your new Pico 4000 is free.

National's reputation

Over the past twenty-two years, National has supplied copiers to more than ninety companies in the greater Camden area. In addition to providing quality products, we are dedicated to giving our customers fast and efficient service long after a sale. We appreciate your using National Business Equipment for your repair needs and hope that you will decide to purchase the new Pico 4000. Please call me if you have any questions about the Pico 4000 or National.

If this proposal is acceptable, please sign and return a copy of this letter.

Sincerely yours

M. Copely

Marion Copely

I accept this proposal made by National Business Equipment

________________________________

For Medison Tool and Die Company

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