Mar.09.10
TUCKER, GA – March 9, 2010– SED International Holdings, Inc. (OTCBB:SECX), a multinational supply chain management provider and distributor of leading computer technology, consumer electronics, small appliances, and cellular products today announced that it has retained The Piacente Group, Inc. ("TPG"), a full service investor relations consulting firm based in New York, California and Beijing
"The Piacente Group’s proven track record of assisting companies to improve strategic communications and increase visibility among Wall Street make them an ideal partner,” said Jonathan Elster, President and CEO of SED International. “Our superior customer service-focused philosophy coupled with our adept business model offer significant competitive advantage, as evidenced by our ability to grow our market share. As we continue to report sequential quarter growth and sustained profitability, we are well poised to attract new interest in our company and continue to build value for our customers, vendor partners, employees and shareholders."
"We are delighted to work with SED, as they further develop their leadership position as a distributor of technology products and services among the markets they serve," said Brandi Piacente, President of TPG. "SED provides an attractive investment proposition with sound business practices and an effective business model that demonstrates the company’s inherent strength. We look forward to partnering with management to implement a strategic and targeted investor relations program as the company enters its next stage of growth."
About SED International, Inc.
Founded in 1980, SED International Holdings, Inc. is a multinational, preferred distributor of leading computer technology, consumer electronics, small appliances, and cellular products. The Company also offers custom-tailored supply chain management services ideally suited to meet the priorities and distribution requirements of the e-commerce, Business-to-Business and Business-to-Consumer markets. Headquartered near Atlanta, Georgia with business operations in California; Florida; Georgia; Texas; Bogota, Colombia and Buenos Aires, Argentina, SED serves a customer base of over 10,000 channel partners and retailers in the U.S. and Latin America. To learn more, please visit www.SEDonline.com; or follow us on Twitter .
About The Piacente Group, Inc.
The Piacente Group, Inc. ("TPG") is a full service investor relations and financial communications consulting firm with offices in New York, California and Beijing. TPG represents a balanced portfolio of U.S. and China-based companies including the top two programs nominated for the "Best Investor Relations by a US-Listed Chinese Company" award by IR Magazine for 2008: Sohu.com Inc.
and Suntech Power Holdings Co., Ltd. TPG develops and implements strategic programs aimed at broadening investment community sponsorship through best practice execution. The firm is dedicated to providing clients customized solutions in a dynamic investment environment. For more information, please visit "www.tpg-ir.com or visit TPGir on Twitter, Facebook andLinkedIn.
Statements made in this Press Release that are not historical or current facts are "forward-looking statements.” These statements often can be identified by the use of terms such as "may," "will," "expect," "believes," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the Company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate
capital, unexpected costs, failure to gain product approval in foreign countries and failure to capitalize upon access to new markets. The Company disclaims any obligation to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. These factors and others are discussed in the "Management's Discussion and Analysis" section of the Company's Reports on Form 10-K for the fiscal year ended June 30, 2009 and Form 10-Q for the quarter ended December 31, 2009.