NEWS:
Monday April 10, 9:16 am Eastern Time
Company Press Release
SOURCE: SED International, Inc.
SED International to Distribute Gigabyte
ATLANTA, April 10 /PRNewswire/ -- SED International, Inc. (Nasdaq: SECX - news) announced today that it has entered into an agreement with Gigabyte Technology to distribute its full line of motherboards. Under the agreement, SED International will sell ten motherboards ranging from entry-level products that support platforms from Advanced Micro Devices and Intel Corporation to dual processor platform Pentium III 750mhz from Intel Corporation. SED International will offer these services to a variety of channels throughout the U.S. including value-added resellers, system builders, and e-commerce sites.
``Gigabyte is a proven leader in providing quality products that are designed for the value segment of our channel,' said Mark Diamond, President and C.O.O. of SED International. ``The relationship with Gigabyte enables us to better serve our existing customers' requirements and the opportunity to attract new resellers to SED International. This also solidifies our product offering in the category,' added Diamond.
``With its national presence, regional accessibility, and widespread network of reseller connections, SED is an invaluable distribution partner to Gigabyte,' said Grandy Chen, General Manager of Sales and Marketing Div. of G.B.T. USA.
Since the founding of Gigabyte Technology in 1986, we have earned the reputation of designing and manufacturing computing products such as main board with innovations and quality. Our main focus is directed to bring highly value-added products to the market. We provide additional supports and services to stay ahead in this constantly evolving industry.
SED International, Inc. is an international distributor of microcomputer and wireless communications products and services to value-added resellers and retailers throughout the United States and Latin America. SED International's product lines include personal computers, application software, printers and other computer peripherals, networking products as well as wireless telephone products and accessories including WireStyle(TM). SED International offers a broad inventory of more than 3,500 products from approximately 100 market- leading vendors. With a sales and distribution center in its Atlanta, Ga. headquarters as well as in City of Industry, Calif.; a satellite sales office in Carlsbad, Calif; a sales office, distribution center and export facility in Miami, Fla.; and an additional sales and distribution center in Bogota, Colombia, through its subsidiary SED International de Colombia Ltda., SED International continues to expand to reaching growing global market. SED International has also further enhanced its market presence in Latin America through SED International do Brazil Ltda., its subsidiary in Sao Paulo, Brazil, and the recent acquisition of Intermaco S.R.L. in Buenos Aires, Argentina.
The matters discussed herein contain certain forward-looking statements that represent the Company's expectations or beliefs, including, but not limited to, statements concerning future revenues and future business plans and non-historical Year 2000 information. When used by or on behalf of the Company, the words ``may,' ``could,' ``should,' ``would,' ``believe,' ``anticipate,' ``estimate,' ``intend,' ``plan' and similar expressions are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties, certain of which are beyond the Company's control. 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) as well as general economic conditions and industry trends, foreign currency fluctuations, the level of acquisition opportunities available to the Company and the Company's ability to negotiate the terms of such acquisitions on a favorable basis, a dependence upon and/or loss of key vendors or customers, the transition to indirect distribution relationships for some products, the loss of strategic product shipping relationships, customer demand, product availability, competition (including pricing and availability), concentrations of credit risks, distribution efficiencies, capacity constraints and technological difficulties could cause actual results or outcomes to differ materially from those expressed in any forward-looking statements of the Company made by or on behalf of the Company. The Company undertakes no obligation to update any forward-looking statement.
SOURCE: SED International, Inc. |
