March.31.08
Atlanta, GA (March 31, 2008) – Nationwide Marketing Group (NMG) and SED International announced that Samsung Electronics products are now available for purchase via Nationwide’s Warehouse Direct fulfillment and distribution program. Samsung will be fulfilled through Nationwide's distribution partner SED International, Inc.
Samsung products supplied through this agreement consist of LCD and Plasma TV's and DVD players, including Blu-ray DVD.
"As a new vendor partner, Samsung will create and enable NMG Members to offer one of the leading brands in their marketplace that will also attract new shoppers to their stores," says Mike Decker, Vice President Marketing Electronics for Nationwide, "Through Direct Nationwide at SED, one of NMG's strategic fulfillment partners, members can now order products from multiple power brands, such as Samsung, combined into one shipment and delivered within 48 hours."
According to Nationwide, Samsung Electronics will be joining the list of over 180 appliance, electronics and furniture manufacturers who already service Nationwide Marketing Group's affiliates each year.
"The addition of Samsung to the Warehouse Direct line-up will give Nationwide Members the strongest consumer electronics line-up in the U.S. Combining Samsung's leading market share position with Nationwide's retail strength, will drive more consumers through member stores," said Tom Roper, VP & GMM Of Consumer Electronics for SED International.
Other brands available through Warehouse Direct-SED include JVC, RCA, Broksonic, SLS, Universal Remote, Omnimount, and Bell'O.
Warehouse Direct-SED provides same day shipping, up to 90 days free flooring through DirectPlus!, and five locations to efficiently serve Nationwide Members throughout the United States. Nationwide Members can reach Warehouse Direct-SED at 1-800-549-8220.
About Nationwide Marketing Group
Nationwide Marketing Group (NMG), headquartered in Winston-Salem, NC, is the nation’s largest buying and marketing organization for independent appliance, electronics, and furniture dealers. Larger than all competing groups combined, NMG has approximately 2,800 independent member dealers throughout the United States with more than 8,000 storefronts and a combined $11 billion in annual sales. Nationwide Marketing Group, the parent organization of RentDirect Nationwide and Specialty Electronics Nationwide, offers a unique portfolio of services designed to support its members and strengthen their position in the marketplace. Additional information can be found at www.nationwidegroup.org.
About SED International, Inc.
Founded in 1980, SED International Holdings, Inc. is a multinational, preferred distributor of leading computer technology, wireless communications and consumer electronics 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 6,000 channel partners and retailers in the U.S. and Latin America. To learn more, please visit www.SEDonline.com.
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, 2008 and Form 10-Q for the quarter ended September 30, 2008.