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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (166683)	8/30/2001 9:17:40 PM
From: John Koligman	Read Replies (1) \| Respond to of 176388

Dell is just full of good news today! In addition to the Asian downer and the 'drop kick' of hosting to Sprint, some personnel news... Perhaps one of the Dellheads (how many out there now??) can correct me, but I was under the impression that Vanderslice came over from IBM to WORK at Dell. Apparently he really came over to RETIRE!!! John AUSTIN, Texas, Aug 30, 2001 (BUSINESS WIRE) Dell (Nasdaq:DELL) today announced that James T. Vanderslice is moving to a senior advisory role as vice chairman at the company, in advance of his planned retirement from Dell at the end of next year. Kevin B. Rollins, who shared president and chief operating officer responsibilities with Mr. Vanderslice, now holds those roles and responsibilities solely. Michael Dell remains the company's chairman of the board and chief executive officer. According to Mr. Dell, in his new position Mr. Vanderslice will provide advice and counsel to Messrs. Dell and Rollins, with a particular focus on procurement, manufacturing and related issues. "From his first day here, Jim's been given the considerable task of helping to further streamline what was already the industry's most efficient business model, and his contributions in that regard have been significant and wide ranging," said Mr. Dell. "With his continued advice, we expect that trend to continue." Since Mr. Vanderslice joined Dell, the company has undertaken a massive consolidation of its global manufacturing operations within more efficient, customdesigned facilities. About 80 percent of Dell's computer systems are produced in factories that are less than two years old. During that same time the company has cut its days of supply in inventory from six days to four. In absolute terms, inventory has been reduced by more than $80 million, even though quarterly revenue is markedly higher. About Dell Dell Computer Corporation (Nasdaq: DELL) is the world's No. 1 computer systems company and is a premier provider of products and services required for customers to build their informationtechnology and Internet infrastructures. The company's revenue for the past four quarters totaled $32.6 billion. Dell ranks No. 48 on the Fortune 500, No. 122 on the Fortune Global 500 and No. 7 on the Fortune Global "most admired" lists of companies. Dell, through its direct business model, 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. Dell is a registered trademark of Dell Computer Corporation. Fortune and Fortune 500 are registered trademarks and Fortune Global 500 is a trademark of Time Inc. Dell disclaims any proprietary interest in the marks and names of others. CONTACT: Dell Computer Corporation, Austin Media Contacts: T.R. Reid, 512/7287977 tr_reid@dell.com or Mike Maher, 512/7232575 mike_maher@dell.com or Investor Contacts: Lynn A. Tyson, 512/7231130 lynn_tyson@dell.com or Robert Williams, 512/7287570 robert_williams@dell.com URL: businesswire.com Today's News On The Net Business Wire's full file on the Internet with Hyperlinks to your home page. .