SED International to Distribute Acer in Latin America
August 9, 2000 07:30 AM Eastern Time
ATLANTA, Aug. 9 /PRNewswire/ -- SED International, Inc. SECX , a leading international distributor, value-added services and business credit provider of microcomputer and wireless communications products throughout the United States, the Caribbean and Latin America, announced today that it has entered into an agreement with Acer Latin America, Inc. Under the agreement, SED will distribute Acer's full line of products that include notebook and desktop computers, file servers, nics and hubs, monitors, and other peripherals. SED International, through its Miami Export Division, will offer these products to a variety of channels throughout Latin America, including value-added resellers, system builders and e-commerce sites.
Mark Diamond, President and C.O.O. of SED International commented, "This agreement not only gives SED distribution rights for Acer products in Latin America, but to most of the countries we conduct business in. Further, it reinforces SED's prominent position in the region and ultimately allows our resellers to offer more solutions to the end user."
"Working with Acer Latin America provides our valued customers a comprehensive brand solution that represents superior quality and value," said Yvonne Portuando, Vice President - SED Miami Export Division.
"Acer Latin America would like to extend our warmest welcome to SED International," said Peter Tan, C.M.O. & Vice President of Acer Latin America. "With the integration of SED covering Central America and the Caribbean Islands region, Acer Latin America is confident that it will consolidate the top 3 market share position in the Latin America region before end of 2000," added Tan.
About SED International Holdings, Inc.
SED International, Inc., celebrating twenty proud years in business, is an international distributor and value-added services provider of computer and wireless technology throughout the United States, the Caribbean, and Latin America. The Company has relationships with more than 30,000 value-added resellers, system builders, e-commerce resellers, dealer-agents, and retailers. SED International serves its customers with more than 5,000 products, fulfillment services, financing options, and e-commerce solutions. The Company operates sales and distribution facilities in the U.S., Brazil, Argentina, Colombia, and Puerto Rico. Because the Company has expertise in the computer and wireless industry, SED International is uniquely positioned to leverage the convergence of these technologies. More information about SED International, Inc. can be found at www.sedonline.com.
Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties. The Company cautions that various factors, including the factors described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained in the Company's Registration Statement on Form S-3 (SEC File No. 333-35069) that could cause actual results to differ materially include the following: business conditions and growth in the personal computer, wireless industry, and general economy; competitive factors including compressed gross profit margins; inventory risks due to shifts in market demand; product availability; changes in product mix; reliance of key vendors or customers; labor strikes; fluctuations in foreign currency exchange rates; income tax legislation; and the risk factors listed from time to time in the company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement.
For more information, please contact: investors, Michael Mason, 212-698-1360, michaelm@allencaron.com, or media, Kari Rinkeviczie, 616-647-0780, kari@allencaron.com, both of Allen & Caron Inc.; or Mark Diamond, President & COO of SED International Holdings, Inc., 770-491-8962, mdiamond@sedintl.com.
SOURCE SED International, Inc. |
