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Technology Stocks : EN POINTE TECHNOLOGIES (ENPT) -- Ignore unavailable to you. Want to Upgrade?

To: Christopher Brainard who wrote (441)	4/2/1998 9:45:00 AM
From: Roader	Read Replies (1) \| Respond to of 537

En Pointe Acquires Online Reseller Division of First Source International Business Wire via Dow Jones LOS ANGELES--(BUSINESS WIRE)--April 2, 1998--En Pointe Technologies Inc. (Nasdaq:ENPT), a leading national provider of information technologies and services, Thursday announced the acquisition of selected assets of First Source International Inc., a direct and online marketer of computer systems and related peripherals to small and medium-sized businesses. The transaction is expected to close by the end of April 1998. Financial terms of the contract were not disclosed. Bob Din, chief executive officer of En Pointe Technologies, stated, "With the incredible sales growth of technology products via the Web, this acquisition of First Source International's Online business is consistent with our strategy to capture additional Internet sales. First Source's robust online ordering system and specific expertise in selling to small-to-mid-sized businesses will allow us to further expand our customer base." "Everyone at First Source International is very excited to join the En Pointe Technologies team. This new partnership allows us to take advantage of customer support systems such as EPIC, En Pointe's proprietary ordering and distribution system, as well as configuration services that will enable us to build notebook and desktop systems exactly to our customer's specifications. These offerings, along with our wide selection of name-brand PC products and competitive pricing, provide First Source International with the required tools to continue to satisfy our customers' needs quickly and efficiently," stated John Walsh, vice president of sales and marketing of First Source International. About En Pointe En Pointe Technologies is a national provider of information technology products and value-added services, utilizing proprietary software and systems to drop-ship products to its customers through an electronically-linked network of the largest allied distributors in the United States. This software allows En Pointe to serve as an electronic clearinghouse of computers and computer-related products without many of the risks and costs associated with maintaining inventory. En Pointe offers its customers direct on-line access to 70 percent of the mainstream PC distribution product. En Pointe Professional Services offers "total solution" system consulting services such as: pre-sale consulting, design, training, customization and integration. En Pointe has 16 sales offices throughout the United States, as well as a value-added integration facility in Memphis, Tenn. Visit En Pointe on the Internet at www.enpointe.com and First Source International Inc. at www.firstsource.com. CONTACT: En Pointe Technologies Inc. Susan Bailey, 310/727-5801 Brenda Eames, 310/796-0229 (investor relations)