News

Troy Wireless and Kyocera Mita Sign Agreement to Provide Wireless Connectivity Capabilities for Digital Imaging Products

Kyocera Mita Dealers Will Sell TROY’s 802.11b Wi-Fi and Bluetooth™ Wireless Product Lines combined with Kyocera Mita’s IB-22 Wireless LAN Interface for True Wireless Connectivity

Santa Ana, California and Fairfield, New Jersey, October 24, 2002 -- TROY Wireless, a division of TROY Group Inc. (NASDAQ: TROY) and a leader in both wireless and wired network connectivity, and Kyocera Mita, one of the world's leading document imaging companies, today announced a strategic marketing agreement to provide wireless connectivity solutions to Kyocera Mita’s network of dealers across the United States.

This partnership will allow dealers to combine Kyocera Mita’s recently announced IB-22 Integrated Wireless Network Interface with TROY’s 802.11b Wi-Fi or Bluetooth products. This partnership will enable the end-user to achieve complete wireless connectivity on Kyocera Mita’s entire line of printers and multi-functional products.

TROY's Chairman and CEO, Patrick Dirk, said: "We are pleased that Kyocera Mita, a leading provider of digital imaging solutions, has chosen Troy's 802.11b and Bluetooth products as their wireless solution. Their extensive dealer network is an ideal sales channel for our wireless connectivity products.”

"The TROY Wireless products are a great complement to Kyocera Mita’s recently announced IB-22 enhanced wireless LAN interface,” said Michael Pietrunti, vice president, marketing for Kyocera Mita. “End-users can use these solutions for true wireless document processing, and keep the same functionality as a hardwired network. TROY is one of the few companies that provides both 802.11b and Bluetooth connectivity capabilities, which are critical to wireless capabilities for our customers. As a result, our dealers will now have a competitive advantage because they will be able to offer leading edge digital imaging products designed with wireless connectivity using the latest technologies.”

The TROY Wireless products covered in this agreement include:
– EtherWind 802.11b print server. The EtherWind connects any Kyocera Mita digital imaging product to an 802.11b wireless network.
– WindConnect Bluetooth print adapter. The WindConnect provides Bluetooth wireless connectivity on Kyocera Mita digital imaging products.
– EtherSync 802.11b PC card. The EtherSync enables 802.11b wireless capabilities on most laptop computers.
– WindPort Bluetooth PC card. The WindPort enables Bluetooth wireless capabilities on most laptop computers.
TROY Wireless 802.11b Product Information:
The TROY Wireless 802.11b products are available through Kyocera Mita dealers.

Kyocera Mita IB-22 Integrated Wireless Enhanced Network Interface Product Information:
The highly functional IB-22 provides customers several advanced capabilities, including: the ability to implement into current/new networks without additional cabling, to move equipment without the cost of special networking assistance, mobile printing, multi-office printing flexibility and the cost benefit of paying virtually the same price as wired hardware. The IB-22 offers customers an embedded network solution that maintains full bi-directional communication and allows all Kyocera Mita utilities to operate exactly the same as when installed in a wired network.

The IB-22 is available and is priced at $419 (MSRP).

ABOUT KYOCERA MITA
Kyocera Mita is one of the world’s largest manufacturers and leading providers of computer-connectable peripherals, including network-ready digital copiers/printers, laser printers, color copiers/printers, digital laser facsimiles, multi-functional and wide format imaging solutions. Kyocera Mita is part of Kyocera Corporation, the world’s leading developer and manufacturer of advanced ceramics and associated products, including telecommunications equipment, semiconductor packages and electronic components. Kyocera Corporation’s consolidated net revenues totaled $7.78 billion during the year ended March 31,2002. Kyocera Mita’s headquarters for the Americas are in Fairfield, New Jersey.

For more information, visit http://www.kyoceramita.com.

About TROY Group
TROY Group is a leading provider of wireless technology and electronic payment solutions. TROY Wireless, a leader in short-range wireless solutions, designs and manufactures high-performance 802.11b (also known as "Wi-Fi"), as well as Bluetooth(TM) hardware and software products. These products enable wireless communications between printers, PCs, mobile cellular phones, PDAs and digital cameras -- in office, home, industrial, retail, medical and other environments. TROY Wireless is also a premier supplier of hardwired network printing products. TROY Systems is an industry-leading provider of electronic payment solutions. The TROY Systems product line includes secure Internet check and credit card payment systems, ACH processing services, payment software systems, check conversion, electronic bill payment (EBP) and laser check printing solutions. The company distributes products to major corporations, key government accounts, retailers and distributors in 55 countries worldwide. Visit TROY at www.troygroup.com.

Forward-looking statements of TROY (statements that are not historical fact) in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the statements made in this release, including the growth in acceptance of TROY's electronic payment solutions by online brokerage firms, e-merchants and other bill payment applications; the timely and successful development and integration of the Bluetooth™ and other wireless standards; the market acceptance of products incorporating wireless printing technologies; the ability to continue to develop and market other e-commerce payment, networked payment and wireless and other connectivity technologies; TROY's ability to refocus its management and resources on these emerging technologies; the ability to hire and retain qualified management, technology and other personnel; the impact of competition from existing and new technologies and companies; the ability to identify and assimilate acquired companies and technologies; the continued demand for printed financial documents; and the other factors set forth in TROY's periodic reports and other documents filed with the Securities Exchange Commission from time-to-time.

Note to Editors: WindConnect, WindPort, EtherWind, and EtherSync are trademarks of TROY Group Inc. Bluetooth is a trademark of BLUETOOTH SIG Inc. and licensed to TROY. Wi-Fi is a trademark of the Wireless Ethernet Compatibility Alliance. Ecosys is a trademark of Kyocera Mita Corporation. All other trademarks are property of their respective holders.