Jun.29.09
TUCKER, GA – (PR NEWSWIRE) – June 29, 2009 - SED International Holdings, Inc. (OTCBB:SECX), a multinational supply chain management provider and distributor of leading computer technology, wireless communications and consumer electronics, today announced that it has been signed by Cables To Go, Inc., a leading manufacturer of computer cables and connectivity solutions, to serve as an authorized distributor of its product line to computer resellers, dealers, custom installers and e-tailers.
Cables To Go is a division of Lastar, Inc., a leader in computer, datacomm and audio/video connectivity solutions since 1984. The Company delivers connectivity products renowned for quality, value and innovation, and are backed by Cables To Go’s uncompromising commitment to customer service.
Earlier this month, Cables To Go unveiled a new line of audio/video cabling and connectivity products aimed at educational institutions and specially designed for school implementations involving projectors, interactive whiteboards and other audio/video equipment. In addition to distributing Cables To Go education solutions that enable learning, sharing and collaboration, SED International will carry the complete line of Cables To Go solutions for A/V, computer and datacomm connectivity, including the award-winning RapidRun modular cabling system.
"We are very pleased to be partnering with SED and look forward to leveraging its multinational distribution expertise, strong and longstanding relationships with resellers and dealers of all sizes, and proactive marketing platform to expand Cables To Go's global market reach," said Bill Diederich, President of Cables To Go.
Jonathan Elster, President and COO of SED, added, "Cables To Go products are important additions to our linecard and address the connectivity needs of a broad range of established and underserved market sectors. For instance, school administrations across the country are investing in IT infrastructure to improve student learning by marrying instruction with technology. This is driving robust demand for high quality computing and electronic connectivity solutions, and in turn offers compelling growth opportunities for SED, Cables To Go and our customers."
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 December 31, 2008.