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Technology Stocks : Dell Technologies Inc.
DELL 121.22+0.2%3:43 PM EST

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To: kemble s. matter who wrote (157844)6/12/2000 6:12:00 PM
From: Mike Van Winkle  Read Replies (1) of 176388
 
Kemble re: More and more Dell and IBM.

biz.yahoo.com

Monday June 12, 5:31 pm Eastern Time

Press Release

SOURCE: Dell Canada; IBM Canada Ltd.

Dell, IBM announce information-technology services agreement
TORONTO, June 12 /CNW/ - Dell Canada and IBM Canada Ltd. today announced an agreement that will make IBM Global Services a strategic provider of computer-related services to Dell customers.

The arrangement pairs the complementary capabilities of the world's leading direct computer-systems company with the largest provider of information-technology services. This strategic agreement formalizes and expands the scope of a pre-existing services relationship between the two companies. It also builds on the (USD) $16-billion strategic technology agreement announced by IBM and Dell in 1999. Believed to be the largest of its kind in the I.T. industry, this technology contract gives Dell broad access to components based on IBM's leading technology.

Effective immediately, Dell will offer its Canadian corporate customers a range of installation and onsite warranty services from IBM Global Services for Dell's desktops, notebooks, workstations, network servers and data-storage products. The agreement was first announced in the U.S. in September 1999 and will be extended beyond North America to other international markets later in 2000. Globally, the agreement could be worth (USD) $6 billion over seven years.

"The capabilities and scale of IBM Global Services are highly regarded," said Lawrence Pentland, President, Dell Canada. "The combination of IBM's services portfolio, our own extensive range of services, those of our existing global service partners, Unisys and GetronicsWang, as well as our award- winning products, makes for an extraordinary value proposition to Dell customers. The relationship enhances Dell's global services reach and offers customers more choice in selecting IT solutions."

"Information technology is now at the heart of all businesses, whether they're large corporations or Internet start-ups," said Garth Issett, Vice President, Integrated Technology Services, IBM Global Services, Canada. "This agreement will help ensure that Dell's customers' products are up, running and operating at peak efficiency."

About Dell Canada

Headquartered in Toronto, Ontario, Dell Canada is a wholly owned subsidiary of Dell Computer Corporation. According to IDC Canada, in the first quarter 2000 Dell Canada ranked No. 1 in overall Canadian PC shipments as well as in the desktop and personal workstation markets and ranked No. 3 in the notebook and PC server markets. Dell Canada has 460 employees and offices in Halifax, Montreal, Ottawa, Toronto and Vancouver. Information on Dell Canada and its products can be obtained on the World Wide Web at www.dell.ca.

About Dell Computer Corporation

Dell Computer Corporation (Nasdaq: DELL - news) is the world's leading direct computer systems company, based on revenues of $27 billion for the past four quarters, and is a premier provider of products and services required for customers to build their Internet infrastructures. The company ranks No. 56 on the Fortune 500, No. 210 on the Fortune Global 500 and No. 3 on the Fortune "most admired" lists of companies. Dell designs, manufactures and customizes products and services to customer requirements, and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained on the World Wide Web at www.dell.com.

About IBM Global Services

IBM Global Services is the world's largest information technology services provider, with 1999 revenues of over US$32 billion. Services is the fastest growing part of IBM, with more than 130,000 professionals serving customers in 160 countries. IBM Global Services integrates IBM's broad range of capabilities - services, hardware, software and research - to help companies of all sizes realize the full value of information technology. For more information, visit www.ibm.com/services.

For further information

Laura Kemp, Goodman Communications Inc., (416) 924-9100 ext. 274, laura@goodmanpr.com.
Linda Thorburn, IBM Global Services, (905) 316-3910, thorburn@ca.ibm.com
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