Symbol Technologies, Avnet Sign Wide-Reaching Sales and Marketing Distribution AgreementFortune 300 Company Brings Symbol's Mobile Connectivity Products and Solutions To New Markets
BUSINESS WIRE - January 22, 2001 13:56
HOLTSVILLE, N.Y., Jan 22, 2001 (BUSINESS WIRE) -- Symbol Technologies, Inc. (NYSE: SBL) announced today that Avnet, Inc. (NYSE:AVT), a leading distributor, will sell, market and implement Symbol's complete line of mobile, wireless and bar code scanning data collection equipment and solutions, expanding Avnet's solution set that it sells to its enterprise and information technology (IT) resellers.
As part of the agreement, Avnet's leading hardware/software integration labs, which specialize in PC, Windows 2000 (WinNT) and Unix server standardization and extensive customization services, will integrate Symbol mobile and wireless devices in their development work for IT resellers. Additionally, resellers can select from Avnet/Symbol products for marketing and implementation to their own customers as well.
"The partnership with Avnet brings Symbol into new markets through IT-centric resellers," said Stanley P. Jaworski, Jr., vice president and general manager of Symbol's Channels and Alliances organization. "Through Avnet we can dramatically expand our customer base by taking the vertical nature of our business into the mainstream of IT. Avnet's value-added services combined with Symbol's market-leading technology enable resellers buying through Avnet to configure end-to-end solutions including everything from servers to wireless mobile computing devices."
"Avnet brings Symbol, the number one vendor of mobile computing and scanning devices into new customer segments," said Ned Kelly, senior vice president for Avnet CT. "Resellers integrating traditional IT products, from high-end servers to entry-point servers and PC processors, now have the opportunity to integrate Symbol's innovative hardware."
"Many customers are asking for wireless and mobile data collection solutions, which they want integrated with their traditional server systems," Kelly said. "The addition of Symbol to our product line allows Avnet resellers to offer a complete integrated solution."
About Avnet
Avnet Convergent Technologies is a recognized value-added distributor of quality point of sale peripherals, scanning, mobile and wireless computing solutions as well as Auto ID equipment. Avnet CT also offers a wide selection of the most powerful brands of desktop computers and servers from Compaq, Hewlett-Packard and IBM. Along with our broad product selection, we are committed to delivering IT solutions focused on data collection and radio frequency technologies, competitive pricing, fast delivery, technical support, system integration, sales training, custom financing and qualified leads to our VARs. Headquartered in Tempe, Arizona, Avnet Convergent Technologies is a division of Avnet Computer Marketing, a $1.85 billion operating group of Avnet, Inc. (NYSE:AVT). A Fortune 500 company and global electronic components and computer products distributor, Avnet's annual sales exceed $9 billion.
About Symbol
Symbol Technologies, Inc., winner of the National Medal of Technology, is a global leader in mobile data transaction systems, providing innovative customer solutions based on wireless local area networking for data and voice, application-specific mobile computing and bar code data capture. Symbol's wireless information appliances connect the physical world of people on the move, packages, paper and shipping pallets, to information systems and the Internet. Today, some 10 million Symbol bar code scanners, mobile computers and wireless LANs are utilized worldwide in markets ranging from retailing to transportation and distribution logistics, manufacturing, parcel and postal delivery, government, healthcare and education. Symbol's systems and products are used to increase productivity from the factory floor to the retail store, to the enterprise and out to the home. Information about Symbol is available at www.symbol.com and 1-800-722-6234.
CONTACT: Symbol Technologies Doug Picker, 631/738-4699 picker@symbol.com For financial information: Symbol Technologies Ken Jaeggi, 631/738-3909 - or - Brodeur Worldwide James Grancher, 203/399-8290 jgrancher@brodeur.com
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